Media stories about Wyndham Worldwide (NYSE:WYN) have been trending somewhat positive on Wednesday, according to Accern Sentiment. The research group ranks the sentiment of press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Wyndham Worldwide earned a coverage optimism score of 0.17 on Accern’s scale. Accern also assigned news stories about the company an impact score of 46.3108680242713 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the media headlines that may have effected Accern Sentiment’s rankings:
- Mar 30, 2018 will be the day that Wyndham Worldwide Corp (NYSE:WYN) dividends reach $0.66. – Thе Malibu Rеpоrt (malibureport.com)
- Wyndham Extra Holidays Celebrates Reopening Of Puerto Rico Resort (finance.yahoo.com)
- Ex-Dividend Alert: Wyndham Worldwide Announced a 14% Dividend Hike; Will Trade Ex-Dividend on March 14, 2018 (finance.yahoo.com)
- Days Inn partners with ParticipACTION to promote physical activity (finance.yahoo.com)
- Wyndham Worldwide Co. (WYN) Expected to Post Quarterly Sales of $1.23 Billion (americanbankingnews.com)
Wyndham Worldwide (WYN) traded down $1.66 during midday trading on Wednesday, hitting $116.08. 979,560 shares of the company traded hands, compared to its average volume of 1,050,861. The company has a current ratio of 1.17, a quick ratio of 1.03 and a debt-to-equity ratio of 6.44. Wyndham Worldwide has a twelve month low of $81.16 and a twelve month high of $127.96. The company has a market capitalization of $11,858.12, a PE ratio of 13.72 and a beta of 1.38.
The business also recently announced a quarterly dividend, which will be paid on Friday, March 30th. Investors of record on Thursday, March 15th will be paid a $0.66 dividend. This represents a $2.64 annualized dividend and a dividend yield of 2.27%. The ex-dividend date is Wednesday, March 14th. This is a boost from Wyndham Worldwide’s previous quarterly dividend of $0.58. Wyndham Worldwide’s dividend payout ratio (DPR) is presently 27.42%.
A number of equities research analysts have issued reports on the stock. Jefferies Group assumed coverage on shares of Wyndham Worldwide in a report on Friday, January 19th. They set a “buy” rating and a $202.00 price target for the company. Wolfe Research upgraded shares of Wyndham Worldwide from an “underperform” rating to a “market perform” rating in a report on Thursday, December 21st. SunTrust Banks upped their price target on shares of Wyndham Worldwide to $131.00 and gave the company a “buy” rating in a report on Thursday, February 15th. Stifel Nicolaus restated a “buy” rating and set a $130.00 price target on shares of Wyndham Worldwide in a report on Friday, January 19th. Finally, Goldman Sachs Group upgraded shares of Wyndham Worldwide from a “neutral” rating to a “buy” rating in a report on Friday, January 19th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and eight have issued a buy rating to the stock. Wyndham Worldwide currently has a consensus rating of “Buy” and a consensus target price of $123.44.
In other Wyndham Worldwide news, Director George Herrera sold 270 shares of the firm’s stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $121.76, for a total transaction of $32,875.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Myra J. Biblowit sold 2,500 shares of the firm’s stock in a transaction dated Friday, March 9th. The stock was sold at an average price of $121.00, for a total transaction of $302,500.00. Following the transaction, the director now owns 7,924 shares of the company’s stock, valued at approximately $958,804. The disclosure for this sale can be found here. In the last quarter, insiders sold 34,891 shares of company stock valued at $4,042,356. 2.39% of the stock is owned by corporate insiders.
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Wyndham Worldwide Company Profile
Wyndham Worldwide Corporation is a hospitality company. The Company offers a range of hospitality services and products through its global portfolio of brands. The Company operates through three segments: Wyndham Hotel Group, Wyndham Destination Network and Wyndham 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.
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