Wyndham Destinations (NYSE:WYND) Receives $60.29 Average Price Target from Analysts

Shares of Wyndham Destinations (NYSE:WYND) have been given a consensus recommendation of “Buy” by the eight brokerages that are currently covering the company, MarketBeat reports. One analyst has rated the stock with a sell rating, two have issued a hold rating and five have given a buy rating to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $60.29.

Separately, Zacks Investment Research lowered Wyndham Destinations from a “hold” rating to a “sell” rating in a report on Friday.

In other Wyndham Destinations news, Director George Herrera sold 713 shares of Wyndham Destinations stock in a transaction dated Friday, December 13th. The stock was sold at an average price of $49.65, for a total transaction of $35,400.45. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Stephen P. Holmes sold 25,000 shares of Wyndham Destinations stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $48.64, for a total value of $1,216,000.00. Following the transaction, the director now directly owns 842,818 shares of the company’s stock, valued at approximately $40,994,667.52. The disclosure for this sale can be found here. 1.59% of the stock is owned by insiders.

A number of hedge funds have recently bought and sold shares of the business. Huntington National Bank grew its holdings in shares of Wyndham Destinations by 93.5% during the fourth quarter. Huntington National Bank now owns 1,070 shares of the company’s stock worth $55,000 after purchasing an additional 517 shares in the last quarter. Coastal Investment Advisors Inc. grew its holdings in shares of Wyndham Destinations by 67.7% during the third quarter. Coastal Investment Advisors Inc. now owns 1,335 shares of the company’s stock worth $60,000 after purchasing an additional 539 shares in the last quarter. NuWave Investment Management LLC grew its holdings in shares of Wyndham Destinations by 168.4% during the third quarter. NuWave Investment Management LLC now owns 1,530 shares of the company’s stock worth $69,000 after purchasing an additional 960 shares in the last quarter. Peddock Capital Advisors LLC purchased a new position in shares of Wyndham Destinations during the fourth quarter worth about $80,000. Finally, Squar Milner Financial Services LLC grew its holdings in shares of Wyndham Destinations by 13.8% during the third quarter. Squar Milner Financial Services LLC now owns 1,998 shares of the company’s stock worth $91,000 after purchasing an additional 242 shares in the last quarter. 88.84% of the stock is owned by institutional investors and hedge funds.

Wyndham Destinations stock traded up $0.41 during midday trading on Monday, reaching $48.94. The stock had a trading volume of 546,070 shares, compared to its average volume of 473,158. The firm has a market capitalization of $4.40 billion, a PE ratio of 10.22, a P/E/G ratio of 2.09 and a beta of 1.55. Wyndham Destinations has a 12 month low of $38.34 and a 12 month high of $53.13. The firm’s 50-day moving average price is $51.24 and its 200 day moving average price is $47.17.

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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Analyst Recommendations for Wyndham Destinations (NYSE:WYND)

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