Traders See Bullish Options Activity Wyndham Worldwide Corporation

 Traders See Bullish Options Activity Wyndham Worldwide Corporation

In today’s session Wyndham Worldwide Corporation (WYN) registered an unusually high (2,231) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the December, 2016 call, expecting serious WYN increase. With 2,231 contracts traded and 22824 open interest for the Dec, 16 contract, it seems this is a quite bullish bet. The option with symbol: WYN161216C00072500 closed last at: $2.95 or 18% up. About 21,850 shares traded hands. Wyndham Worldwide Corporation (NYSE:WYN) has declined 2.18% since April 22, 2016 and is downtrending. It has underperformed by 7.59% the S&P500.

Analysts await Wyndham Worldwide Corporation (NYSE:WYN) to report earnings on February, 14. They expect $1.30 EPS, up 32.65% or $0.32 from last year’s $0.98 per share. WYN’s profit will be $140.40M for 14.30 P/E if the $1.30 EPS becomes a reality. After $1.89 actual EPS reported by Wyndham Worldwide Corporation for the previous quarter, Wall Street now forecasts -31.22% negative EPS growth.

Wyndham Worldwide Corporation (NYSE:WYN) Ratings Coverage

Out of 7 analysts covering Wyndham Worldwide Corporation (NYSE:WYN), 3 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 43% are positive. $107 is the highest target while $63 is the lowest. The $81.40 average target is 9.48% above today’s ($74.35) stock price. Wyndham Worldwide Corporation has been the topic of 10 analyst reports since July 30, 2015 according to StockzIntelligence Inc. The stock of Wyndham Worldwide Corporation (NYSE:WYN) has “Hold” rating given on Monday, January 11 by Deutsche Bank. The stock of Wyndham Worldwide Corporation (NYSE:WYN) has “Buy” rating given on Thursday, January 14 by M Partners. Stifel Nicolaus maintained Wyndham Worldwide Corporation (NYSE:WYN) on Friday, December 11 with “Buy” rating. The firm earned “Neutral” rating on Monday, September 26 by Goldman Sachs. The stock has “Neutral” rating given by Credit Suisse on Friday, February 5. The stock of Wyndham Worldwide Corporation (NYSE:WYN) has “Buy” rating given on Thursday, October 29 by Goldman Sachs.

According to Zacks Investment Research, “Wyndham Worldwide offers individual consumers and business customers a broad array of hospitality products and services as well as various accommodation alternatives and price ranges through its premier portfolio of world-renowned brands. The Company operates in the lodging, vacation exchange and rentals, and vacation ownership segments of the hospitality industry. Through the lodging business, the Company franchise hotels in the upscale, midscale, and economy segments of the lodging industry and provide hotel management services to owners of luxury, upscale and midscale hotels. Through the vacation exchange and rentals business, the Company provides vacation exchange products and services and access to distribution systems and networks to resort developers and owners of intervals of vacation ownership interests. Through, the vacation ownership business, the Company develops, markets and sells vacation ownership interests to individual consumers.”

Insitutional Activity: The institutional sentiment decreased to 0.91 in 2016 Q2. Its down 0.12, from 1.03 in 2016Q1. The ratio fall, as 48 funds sold all Wyndham Worldwide Corporation shares owned while 156 reduced positions. 53 funds bought stakes while 158 increased positions. They now own 105.00 million shares or 5.88% less from 111.55 million shares in 2016Q1.
Old Mutual (Uk) Ltd holds 111,626 shares or 0.15% of its portfolio. Brown Advisory holds 0% or 3,327 shares in its portfolio. Mount Vernon Assoc Md owns 12,475 shares or 1.9% of their US portfolio. Moreover, Oak Associate Oh has 0.03% invested in Wyndham Worldwide Corporation (NYSE:WYN) for 3,000 shares. California State Teachers Retirement Sys, a California-based fund reported 233,040 shares. Goldman Sachs accumulated 386,575 shares or 0.01% of the stock. Tarbox Gru accumulated 0% or 67 shares. Karpas Strategies Ltd Liability Corp holds 13,400 shares or 0.48% of its portfolio. The California-based Ep Wealth Advsr has invested 0.98% in Wyndham Worldwide Corporation (NYSE:WYN). Commerzbank Aktiengesellschaft Fi holds 0% or 3,342 shares in its portfolio. Moreover, Gerstein Fisher has 0.03% invested in Wyndham Worldwide Corporation (NYSE:WYN) for 3,245 shares. Loomis Sayles & L P has 0.08% invested in the company for 399,253 shares. Prudential Public Limited Com has 7,740 shares for 0% of their US portfolio. Cambridge Inv Rech Advisors has 12,298 shares for 0.02% of their US portfolio. 1832 Asset Mngmt L P owns 177,000 shares or 0.05% of their US portfolio.

Insider Transactions: Since June 1, 2016, the stock had 0 buys, and 3 sales for $97,988 net activity. The insider HERRERA GEORGE sold 463 shares worth $33,199.

Wyndham Worldwide Corporation is a hospitality company. The company has a market cap of $8.03 billion. The Firm offers a range of hospitality services and products through its global portfolio of brands. It has a 14.21 P/E ratio. The Firm operates through three divisions: Hotel Group, Destination Network and Vacation Ownership.

WYN Company Profile

Wyndham Worldwide Corporation, incorporated on May 30, 2003, is a hospitality company. The Firm offers a range of hospitality services and products through its global portfolio of brands. The Firm operates through three divisions: Hotel Group, Destination Network and Vacation Ownership. The Company’s brands include Wyndham Hotels and Resorts, Ramada, Days Inn, Super 8, Howard Johnson, Wingate by Wyndham, Microtel Inns & Suites by Wyndham, TRYP by Wyndham, Dolce Hotels and Resorts, RCI, Landal GreenParks, Novasol, Hoseasons, cottages.com, James Villa Holidays, Wyndham Vacation Rentals, Wyndham Vacation Resorts, Shell Vacations Club and WorldMark by Wyndham.

More news for Wyndham Worldwide Corporation (NYSE:WYN) were recently published by: Forbes.com, which released: “Wyndham Worldwide Becomes Oversold” on October 26, 2016. Forbes.com‘s article titled: “RSI Alert: Wyndham Worldwide Now Oversold” and published on September 13, 2016 is yet another important article.

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