Media stories about Wyndham Worldwide (NYSE:WYN) have been trending somewhat positive this week, Accern Sentiment reports. The research group scores the sentiment of news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Wyndham Worldwide earned a daily sentiment score of 0.21 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 46.3501222990641 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the media headlines that may have impacted Accern Sentiment’s analysis:
- 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)
- Myra J. Biblowit Sells 2,500 Shares of Wyndham Worldwide Co. (WYN) Stock (americanbankingnews.com)
- News of Record for Friday, March 9, 2018 – Daytona Beach News-Journal (news-journalonline.com)
Wyndham Worldwide (NYSE:WYN) traded down $1.66 during midday trading on Wednesday, hitting $116.08. 979,556 shares of the stock traded hands, compared to its average volume of 1,050,861. The company has a debt-to-equity ratio of 6.44, a current ratio of 1.17 and a quick ratio of 1.03. The firm has a market cap of $11,858.12, a price-to-earnings ratio of 19.21 and a beta of 1.38. Wyndham Worldwide has a 1-year low of $81.16 and a 1-year high of $127.96.
The firm also recently announced a quarterly dividend, which will be paid on Friday, March 30th. Investors of record on Thursday, March 15th will be issued a $0.66 dividend. This is an increase from Wyndham Worldwide’s previous quarterly dividend of $0.58. This represents a $2.64 dividend on an annualized basis and a dividend yield of 2.27%. The ex-dividend date is Wednesday, March 14th. Wyndham Worldwide’s payout ratio is presently 27.42%.
A number of 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 issued a “buy” rating and a $202.00 target price for the company. Wolfe Research raised shares of Wyndham Worldwide from an “underperform” rating to a “market perform” rating in a research note on Thursday, December 21st. SunTrust Banks raised their price objective on shares of Wyndham Worldwide to $131.00 and gave the stock a “buy” rating in a research note on Thursday, February 15th. Stifel Nicolaus restated a “buy” rating and set a $130.00 target price on shares of Wyndham Worldwide in a research 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 assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $123.44.
In other news, Director Myra J. Biblowit sold 2,500 shares of the business’s stock in a transaction that occurred on Friday, March 9th. The shares were sold at an average price of $121.00, for a total transaction of $302,500.00. Following the sale, the director now owns 7,924 shares in the company, valued at $958,804. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Nicola Rossi sold 2,863 shares of the business’s stock in a transaction that occurred on Tuesday, March 6th. The shares were sold at an average price of $117.50, for a total transaction of $336,402.50. Following the sale, the vice president now owns 250 shares in the company, valued at approximately $29,375. The disclosure for this sale can be found here. Insiders sold a total of 34,891 shares of company stock worth $4,042,356 over the last quarter. Insiders own 2.39% of the company’s stock.
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About Wyndham Worldwide
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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