Shares of Wyndham Destinations (NASDAQ:WYND) have received a consensus rating of “Buy” from the eleven analysts that are covering the company, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $55.85.
Several research firms have weighed in on WYND. Credit Suisse Group reissued a “neutral” rating and issued a $108.00 price target on shares of Wynn Resorts in a research note on Wednesday, March 20th. Zacks Investment Research cut shares of Zynex from a “hold” rating to a “sell” rating in a research report on Saturday, May 4th.
Shares of WYND stock traded up $0.60 during trading on Thursday, hitting $47.09. The company had a trading volume of 479,158 shares, compared to its average volume of 822,650. The stock’s 50-day simple moving average is $43.22. Wyndham Destinations has a one year low of $33.55 and a one year high of $47.55.
Wyndham Destinations (NASDAQ:WYND) last issued its earnings results on Wednesday, May 1st. The company reported $1.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.90 by $0.13. The firm had revenue of $918.00 million during the quarter, compared to the consensus estimate of $918.92 million. The company’s revenue was up 1.2% compared to the same quarter last year.
The business also recently declared a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Friday, June 14th were given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 3.82%. The ex-dividend date of this dividend was Thursday, June 13th.
In related news, insider Brad Dettmer sold 3,703 shares of the business’s stock in a transaction dated Friday, May 3rd. The shares were sold at an average price of $44.42, for a total transaction of $164,487.26. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director George Herrera sold 757 shares of the business’s stock in a transaction dated Tuesday, June 4th. The stock was sold at an average price of $41.12, for a total transaction of $31,127.84. The disclosure for this sale can be found here. Insiders have sold 104,460 shares of company stock worth $4,602,615 in the last quarter.
A number of institutional investors have recently modified their holdings of the stock. Poehling Capital Management LLC bought a new stake in Wyndham Destinations during the 1st quarter valued at approximately $335,000. OppenheimerFunds Inc. acquired a new stake in shares of Wyndham Destinations in the 1st quarter valued at $13,773,000. First Eagle Investment Management LLC acquired a new stake in shares of Wyndham Destinations in the 1st quarter valued at $68,653,000. Neuberger Berman Group LLC acquired a new stake in shares of Wyndham Destinations during the first quarter worth $36,396,000. Finally, Mork Capital Management LLC acquired a new stake in shares of Wyndham Destinations during the first quarter worth $854,000.
Wyndham Destinations Company Profile
Wyndham Destinations, Inc engages in the provision of hospitality services and products. It operates through three business segments: Hotel Group, Destination Network, Vacation Ownership, and Corporate and Other. The Hotel Group segment franchises hotels in the upscale, upper midscale, midscale, economy, and extended stay segments; and provides hotel management services for full-service and select limited-service hotels.
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