Foster & Motley Inc. Buys 7,224 Shares of Wyndham Destinations (NYSE:WYND)

Foster & Motley Inc. grew its holdings in Wyndham Destinations (NYSE:WYND) by 8.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 96,220 shares of the company’s stock after purchasing an additional 7,224 shares during the period. Foster & Motley Inc. owned about 0.10% of Wyndham Destinations worth $4,428,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the business. Squar Milner Financial Services LLC boosted its stake in shares of Wyndham Destinations by 13.8% in the 3rd quarter. Squar Milner Financial Services LLC now owns 1,998 shares of the company’s stock worth $91,000 after buying an additional 242 shares during the last quarter. CIBC Private Wealth Group LLC boosted its stake in shares of Wyndham Destinations by 0.7% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 33,754 shares of the company’s stock worth $1,553,000 after buying an additional 247 shares during the last quarter. Advisory Services Network LLC boosted its stake in shares of Wyndham Destinations by 29.7% in the 2nd quarter. Advisory Services Network LLC now owns 1,104 shares of the company’s stock worth $49,000 after buying an additional 253 shares during the last quarter. Poehling Capital Management LLC boosted its stake in shares of Wyndham Destinations by 3.3% in the 2nd quarter. Poehling Capital Management LLC now owns 8,540 shares of the company’s stock worth $375,000 after buying an additional 275 shares during the last quarter. Finally, Captrust Financial Advisors boosted its stake in shares of Wyndham Destinations by 28.3% in the 2nd quarter. Captrust Financial Advisors now owns 1,251 shares of the company’s stock worth $55,000 after buying an additional 276 shares during the last quarter. 88.34% of the stock is owned by institutional investors and hedge funds.

NYSE WYND opened at $44.71 on Friday. The company has a market capitalization of $4.19 billion, a PE ratio of 9.53, a price-to-earnings-growth ratio of 2.07 and a beta of 1.54. The business’s fifty day moving average is $45.90 and its 200 day moving average is $43.88. Wyndham Destinations has a fifty-two week low of $33.55 and a fifty-two week high of $49.75.

Wyndham Destinations (NYSE:WYND) last released its earnings results on Tuesday, July 30th. The company reported $1.45 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.36 by $0.09. The company had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.05 billion. Wyndham Destinations had a negative return on equity of 90.37% and a net margin of 11.67%. Wyndham Destinations’s quarterly revenue was up 3.2% compared to the same quarter last year. During the same period in the previous year, the business earned $1.25 earnings per share. Sell-side analysts anticipate that Wyndham Destinations will post 5.48 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Friday, September 13th were given a dividend of $0.45 per share. The ex-dividend date was Thursday, September 12th. This represents a $1.80 annualized dividend and a yield of 4.03%. Wyndham Destinations’s dividend payout ratio (DPR) is presently 38.38%.

A number of equities analysts have recently issued reports on WYND shares. Zacks Investment Research upgraded Wyndham Destinations from a “sell” rating to a “hold” rating in a research note on Saturday, October 19th. Jefferies Financial Group set a $62.00 price target on Wyndham Destinations and gave the stock a “buy” rating in a research note on Friday, August 30th. SunTrust Banks set a $75.00 price target on Wyndham Destinations and gave the stock a “buy” rating in a research note on Wednesday, July 31st. JPMorgan Chase & Co. raised their price target on Wyndham Destinations from $45.00 to $47.00 and gave the stock a “neutral” rating in a research note on Friday, September 6th. Finally, Nomura raised their price target on Wyndham Destinations from $55.00 to $62.00 and gave the stock a “buy” rating in a research note on Wednesday, July 31st. Five investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $57.63.

In other Wyndham Destinations news, Director George Herrera sold 1,904 shares of the firm’s stock in a transaction dated Wednesday, September 11th. The stock was sold at an average price of $48.70, for a total transaction of $92,724.80. Also, insider Kimberly Marshall sold 5,300 shares of the firm’s stock in a transaction dated Thursday, August 22nd. The shares were sold at an average price of $42.98, for a total value of $227,794.00. The disclosure for this sale can be found here. Insiders have sold 15,007 shares of company stock worth $667,440 over the last quarter. 1.59% of the stock is owned by company insiders.

About Wyndham Destinations

Wyndham Destinations, Inc operates as a vacation ownership and exchange company in the United States and internationally. The company operates in two segments, Vacation Ownership and Exchange & Rentals. The Vacation Ownership segment develops, markets, and sells vacation ownership interests (VOIs) to individual consumers; provides consumer financing in connection with the sale of VOIs; and provides property management services at resorts.

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Institutional Ownership by Quarter for Wyndham Destinations (NYSE:WYND)

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