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Salzhauer Michael Lifted Cit Group (CIT) Position; Wyndham Worldwide (WYN) Has 0.88 Sentiment

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Salzhauer Michael increased Cit Group Inc (CIT) stake by 247.71% reported in 2017Q4 SEC filing. Salzhauer Michael acquired 17,340 shares as Cit Group Inc (CIT)’s stock rose 2.13%. The Salzhauer Michael holds 24,340 shares with $1.20M value, up from 7,000 last quarter. Cit Group Inc now has $6.88B valuation. The stock increased 0.73% or $0.39 during the last trading session, reaching $54.12. About 1.36 million shares traded or 41.60% up from the average. CIT Group Inc. (NYSE:CIT) has risen 25.02% since May 16, 2017 and is uptrending. It has outperformed by 13.47% the S&P500.

Wyndham Worldwide Corp (WYN) investors sentiment increased to 0.88 in 2017 Q4. It’s up 0.09, from 0.79 in 2017Q3. The ratio is more positive, as 199 active investment managers increased or started new positions, while 226 cut down and sold their stock positions in Wyndham Worldwide Corp. The active investment managers in our database now hold: 90.33 million shares, down from 92.86 million shares in 2017Q3. Also, the number of active investment managers holding Wyndham Worldwide Corp in top ten positions was flat from 4 to 4 for the same number . Sold All: 32 Reduced: 194 Increased: 132 New Position: 67.

The stock increased 1.75% or $1.94 during the last trading session, reaching $112.6. About 832,868 shares traded. Wyndham Worldwide Corporation (WYN) has risen 34.47% since May 16, 2017 and is uptrending. It has outperformed by 22.92% the S&P500.

More notable recent Wyndham Worldwide Corporation (NYSE:WYN) news were published by: Benzinga.com which released: “Stifel: Buy The Weakness In Wyndham Worldwide Before Spin-Off” on May 07, 2018, also Businesswire.com with their article: “Glancy Prongay & Murray LLP Continues Investigation on Behalf of Wyndham Worldwide Corporation Investors (WYN)” published on May 15, 2018, Prnewswire.com published: “Wyndham Worldwide Announces Expected Dividends for Two Post-Spin-Off Companies” on May 16, 2018. More interesting news about Wyndham Worldwide Corporation (NYSE:WYN) were released by: Seekingalpha.com and their article: “Wyndham Worldwide tops EBIDTA estimates” published on May 02, 2018 as well as Globenewswire.com‘s news article titled: “RLH Corporation Closes Acquisition of the Knights Inn Brand from Wyndham Hotel Group” with publication date: May 14, 2018.

Wyndham Worldwide Corporation provides hospitality services and products to individual and business clients worldwide. The company has market cap of $11.24 billion. It operates through three divisions: Hotel Group, Destination Network, and Vacation Ownership. It has a 13.4 P/E ratio. The Hotel Group segment primarily franchises hotels in the upscale, upper midscale, midscale, economy, and extended stay divisions, as well as provides property management services for full-service and select limited-service hotels.

R.M.Sincerbeaux Capital Management Llc holds 3.43% of its portfolio in Wyndham Worldwide Corporation for 32,500 shares. Armstrong Shaw Associates Inc Ct owns 28,359 shares or 2.77% of their US portfolio. Moreover, Lipe & Dalton has 2.72% invested in the company for 34,002 shares. The Iowa-based Pecaut & Co. has invested 2.62% in the stock. Iridian Asset Management Llc Ct, a Connecticut-based fund reported 2.40 million shares.

Since January 1, 0001, it had 0 buys, and 7 selling transactions for $4.04 million activity.

Ratings analysis reveals 50% of Wyndham Worldwide’s analysts are positive. Out of 2 Wall Street analysts rating Wyndham Worldwide, 1 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. WYN was included in 2 notes of analysts from September 26, 2016. Goldman Sachs initiated the shares of WYN in report on Monday, September 26 with “Neutral” rating. The rating was maintained by M Partners on Monday, December 5 with “Buy”.

Analysts await Wyndham Worldwide Corporation (NYSE:WYN) to report earnings on August, 1. They expect $1.81 earnings per share, up 18.30% or $0.28 from last year’s $1.53 per share. WYN’s profit will be $180.61M for 15.55 P/E if the $1.81 EPS becomes a reality. After $1.33 actual earnings per share reported by Wyndham Worldwide Corporation for the previous quarter, Wall Street now forecasts 36.09% EPS growth.

Among 20 analysts covering CIT Group (NYSE:CIT), 8 have Buy rating, 0 Sell and 12 Hold. Therefore 40% are positive. CIT Group had 68 analyst reports since July 23, 2015 according to SRatingsIntel. The stock of CIT Group Inc. (NYSE:CIT) has “Hold” rating given on Tuesday, March 27 by UBS. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Monday, February 26. The firm earned “Hold” rating on Tuesday, April 24 by BMO Capital Markets. The stock of CIT Group Inc. (NYSE:CIT) earned “Outperform” rating by Oppenheimer on Tuesday, January 5. Oppenheimer maintained CIT Group Inc. (NYSE:CIT) rating on Friday, August 11. Oppenheimer has “Buy” rating and $5400 target. The firm has “Equal-Weight” rating given on Monday, September 18 by Morgan Stanley. The firm earned “Hold” rating on Thursday, December 21 by Keefe Bruyette & Woods. The stock has “Outperform” rating by Macquarie Research on Thursday, October 22. Deutsche Bank initiated the shares of CIT in report on Thursday, January 21 with “Hold” rating. BTIG Research maintained CIT Group Inc. (NYSE:CIT) on Tuesday, October 24 with “Buy” rating.

Since March 1, 2018, it had 0 insider buys, and 1 insider sale for $107,268 activity. $107,268 worth of CIT Group Inc. (NYSE:CIT) was sold by HUDAK JAMES L.

Salzhauer Michael decreased Jpmorgan Chase & Co (NYSE:JPM) stake by 54,011 shares to 32,289 valued at $3.45M in 2017Q4. It also reduced Discover Finl Svcs (NYSE:DFS) stake by 8,342 shares and now owns 6,258 shares. American Intl Group Inc (NYSE:AIG) was reduced too.

CIT Group Inc. (NYSE:CIT) Institutional Positions Chart

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