Wyndham Worldwide Corporation (WYN) Stock Is An 52-Week High Flier

January 18, 2018 - By Louis Casey

Investors sentiment decreased to 0.79 in Q3 2017. Its down 0.03, from 0.82 in 2017Q2. It turned negative, as 33 investors sold Wyndham Worldwide Corporation shares while 196 reduced holdings. 52 funds opened positions while 128 raised stakes. 92.86 million shares or 3.09% less from 95.82 million shares in 2017Q2 were reported.
Teachers Retirement Sys Of The State Of Kentucky stated it has 0.21% in Wyndham Worldwide Corporation (NYSE:WYN). Todd Asset Mngmt Limited Liability invested in 0.69% or 236,312 shares. 3,187 were accumulated by First Allied Advisory Ser. Mount Vernon Associates Md has invested 1.93% in Wyndham Worldwide Corporation (NYSE:WYN). Jpmorgan Chase And holds 0.05% of its portfolio in Wyndham Worldwide Corporation (NYSE:WYN) for 2.03M shares. Connecticut-based Armstrong Shaw Assocs Ct has invested 2.73% in Wyndham Worldwide Corporation (NYSE:WYN). Caisse De Depot Et Placement Du Quebec accumulated 27,491 shares. Valley National Advisers holds 0.02% or 601 shares in its portfolio. Richard Bernstein Advisors Limited Co, a New York-based fund reported 18,330 shares. Lipe & Dalton reported 2.53% in Wyndham Worldwide Corporation (NYSE:WYN). Nordea Investment Management Ab has 0.24% invested in Wyndham Worldwide Corporation (NYSE:WYN) for 941,277 shares. Commerzbank Aktiengesellschaft Fi reported 0% stake. Sector Pension Investment Board holds 0.01% of its portfolio in Wyndham Worldwide Corporation (NYSE:WYN) for 11,626 shares. Proshare Advisors Limited Liability Company reported 29,546 shares. Assetmark Inc stated it has 0.01% in Wyndham Worldwide Corporation (NYSE:WYN).

Since August 11, 2017, it had 0 buys, and 2 sales for $1.80 million activity. Shares for $31,524 were sold by HERRERA GEORGE.

The stock of Wyndham Worldwide Corporation (NYSE:WYN) hit a new 52-week high and has $130.60 target or 6.00 % above today’s $123.21 share price. The 5 months bullish chart indicates low risk for the $12.48 billion company. The 1-year high was reported on Jan, 18 by Barchart.com. If the $130.60 price target is reached, the company will be worth $749.04 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 5.19% or $6.08 during the last trading session, reaching $123.21. About 1.23 million shares traded or 30.17% up from the average. Wyndham Worldwide Corporation (NYSE:WYN) has risen 43.20% since January 18, 2017 and is uptrending. It has outperformed by 26.50% the S&P500.

Analysts await Wyndham Worldwide Corporation (NYSE:WYN) to report earnings on February, 21. They expect $1.35 EPS, 0.00 % or $0.00 from last year’s $1.35 per share. WYN’s profit will be $136.79 million for 22.82 P/E if the $1.35 EPS becomes a reality. After $2.03 actual EPS reported by Wyndham Worldwide Corporation for the previous quarter, Wall Street now forecasts -33.50 % negative EPS growth.

Wyndham Worldwide Corporation (NYSE:WYN) Ratings Coverage

Among 11 analysts covering Wyndham Worldwide Corporation (NYSE:WYN), 5 have Buy rating, 1 Sell and 5 Hold. Therefore 45% are positive. Wyndham Worldwide Corporation had 20 analyst reports since July 30, 2015 according to SRatingsIntel. Credit Suisse initiated the stock with “Neutral” rating in Friday, February 5 report. The company was maintained on Thursday, January 14 by M Partners. Stifel Nicolaus maintained the stock with “Buy” rating in Friday, December 11 report. The firm has “Neutral” rating given on Monday, September 26 by Goldman Sachs. The stock of Wyndham Worldwide Corporation (NYSE:WYN) has “Buy” rating given on Monday, October 23 by Stifel Nicolaus. Telsey Advisory Group downgraded the stock to “Market Perform” rating in Friday, August 4 report. The stock has “Buy” rating by Buckingham Research on Monday, June 19. The company was maintained on Monday, December 5 by M Partners. On Thursday, October 29 the stock rating was downgraded by Goldman Sachs to “Buy”. The company was maintained on Tuesday, October 17 by SunTrust.

More news for Wyndham Worldwide Corporation (NYSE:WYN) were recently published by: Reuters.com, which released: “Wyndham Worldwide to buy La Quinta’s hotel business for $1.95 billion” on January 18, 2018. Prnewswire.com‘s article titled: “Wyndham Worldwide to Report Fourth Quarter 2017 Earnings on February 14, 2018 …” and published on January 16, 2018 is yet another important article.

Wyndham Worldwide Corporation provides hospitality services and products to individual and business clients worldwide. The company has market cap of $12.48 billion. It operates through three divisions: Hotel Group, Destination Network, and Vacation Ownership. It has a 22.08 P/E ratio. The Hotel Group segment primarily franchises hotels in the upscale, upper midscale, midscale, economy, and extended stay divisions, as well as provides property management services for full-service and select limited-service hotels.

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