Wyndham Destinations (WYND) Given Consensus Rating of “Buy” by Brokerages

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Shares of Wyndham Destinations (NASDAQ:WYND) have been given a consensus rating of “Buy” by the twelve ratings firms that are currently covering the company, MarketBeat.com reports. Five research analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $58.57.

WYND has been the topic of a number of research reports. TheStreet upgraded Wyndham Destinations from a “c” rating to a “b” rating in a report on Monday, July 16th. Jefferies Financial Group initiated coverage on Wyndham Destinations in a report on Monday, July 16th. They issued a “buy” rating and a $65.00 target price on the stock. Zacks Investment Research upgraded Wyndham Destinations from a “hold” rating to a “buy” rating and set a $50.00 target price on the stock in a report on Saturday, August 11th. Deutsche Bank set a $58.00 target price on Wyndham Destinations and gave the company a “buy” rating in a report on Thursday, November 1st. Finally, Oppenheimer set a $66.00 target price on Wyndham Destinations and gave the company a “buy” rating in a report on Thursday, November 1st.

In other news, Director George Herrera sold 767 shares of the company’s stock in a transaction dated Wednesday, November 7th. The stock was sold at an average price of $43.68, for a total value of $33,502.56. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Michael Dean Brown bought 6,000 shares of the company’s stock in a transaction dated Tuesday, August 21st. The stock was acquired at an average price of $45.20 per share, for a total transaction of $271,200.00. The disclosure for this purchase can be found here.

A number of large investors have recently added to or reduced their stakes in WYND. Tower Research Capital LLC TRC acquired a new position in Wyndham Destinations in the second quarter worth approximately $103,000. Amica Retiree Medical Trust increased its holdings in Wyndham Destinations by 176.3% in the third quarter. Amica Retiree Medical Trust now owns 2,409 shares of the company’s stock worth $104,000 after buying an additional 1,537 shares during the last quarter. CENTRAL TRUST Co acquired a new position in Wyndham Destinations in the second quarter worth approximately $110,000. Huntington National Bank acquired a new position in Wyndham Destinations in the second quarter worth approximately $128,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank acquired a new position in Wyndham Destinations in the second quarter worth approximately $146,000.

WYND stock traded down $1.08 during mid-day trading on Friday, reaching $41.60. 1,011,799 shares of the stock traded hands, compared to its average volume of 2,141,128. Wyndham Destinations has a 52-week low of $33.61 and a 52-week high of $57.67.

Wyndham Destinations (NASDAQ:WYND) last posted its quarterly earnings data on Thursday, November 1st. The company reported $1.47 EPS for the quarter, beating analysts’ consensus estimates of $1.42 by $0.05. The firm had revenue of $1.06 billion for the quarter, compared to analysts’ expectations of $1.06 billion. The firm’s revenue was up 4.6% compared to the same quarter last year.

About Wyndham Destinations

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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Analyst Recommendations for Wyndham Destinations (NASDAQ:WYND)

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