Crossmark Global Holdings Inc. Sells 610 Shares of Wyndham Hotels & Resorts Inc (NYSE:WH)

Crossmark Global Holdings Inc. lessened its position in shares of Wyndham Hotels & Resorts Inc (NYSE:WH) by 5.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,440 shares of the company’s stock after selling 610 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Wyndham Hotels & Resorts were worth $592,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Boston Partners raised its stake in shares of Wyndham Hotels & Resorts by 21.6% during the 2nd quarter. Boston Partners now owns 6,947,760 shares of the company’s stock worth $387,501,000 after acquiring an additional 1,232,708 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of Wyndham Hotels & Resorts by 12.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 2,591,788 shares of the company’s stock worth $144,881,000 after acquiring an additional 295,411 shares in the last quarter. Bessemer Group Inc. raised its stake in shares of Wyndham Hotels & Resorts by 0.5% during the 2nd quarter. Bessemer Group Inc. now owns 2,560,951 shares of the company’s stock worth $142,746,000 after acquiring an additional 11,481 shares in the last quarter. Invesco Ltd. raised its stake in shares of Wyndham Hotels & Resorts by 114.7% during the 2nd quarter. Invesco Ltd. now owns 1,268,421 shares of the company’s stock worth $70,702,000 after acquiring an additional 677,607 shares in the last quarter. Finally, D. E. Shaw & Co. Inc. raised its stake in shares of Wyndham Hotels & Resorts by 14.5% during the 2nd quarter. D. E. Shaw & Co. Inc. now owns 787,832 shares of the company’s stock worth $43,914,000 after acquiring an additional 99,512 shares in the last quarter. Hedge funds and other institutional investors own 91.93% of the company’s stock.

A number of brokerages have issued reports on WH. Zacks Investment Research lowered shares of Wyndham Hotels & Resorts from a “buy” rating to a “hold” rating in a research note on Thursday, August 15th. ValuEngine lowered shares of Wyndham Hotels & Resorts from a “hold” rating to a “sell” rating in a research note on Friday, October 4th. Barclays began coverage on shares of Wyndham Hotels & Resorts in a research note on Tuesday, July 2nd. They set an “overweight” rating and a $72.00 price target on the stock. Robert W. Baird began coverage on shares of Wyndham Hotels & Resorts in a research note on Wednesday, August 21st. They set an “outperform” rating and a $62.00 price target on the stock. Finally, JPMorgan Chase & Co. cut their price target on shares of Wyndham Hotels & Resorts from $64.00 to $61.00 and set an “overweight” rating on the stock in a research note on Friday, September 6th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and eight have issued a buy rating to the company. Wyndham Hotels & Resorts has an average rating of “Buy” and a consensus price target of $65.38.

In other Wyndham Hotels & Resorts news, CFO David B. Wyshner acquired 2,000 shares of the business’s stock in a transaction dated Friday, August 16th. The shares were purchased at an average price of $50.37 per share, for a total transaction of $100,740.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Ronald L. Nelson acquired 10,000 shares of the business’s stock in a transaction dated Wednesday, August 14th. The stock was acquired at an average price of $49.95 per share, for a total transaction of $499,500.00. The disclosure for this purchase can be found here. Insiders have acquired a total of 22,000 shares of company stock worth $1,102,840 in the last 90 days. 1.90% of the stock is currently owned by company insiders.

Shares of Wyndham Hotels & Resorts stock opened at $50.76 on Thursday. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 1.62. Wyndham Hotels & Resorts Inc has a 12-month low of $43.03 and a 12-month high of $61.49. The firm has a market capitalization of $4.84 billion, a price-to-earnings ratio of 18.73, a PEG ratio of 1.47 and a beta of 1.07. The firm’s 50 day simple moving average is $51.67 and its two-hundred day simple moving average is $54.31.

Wyndham Hotels & Resorts (NYSE:WH) last issued its quarterly earnings results on Thursday, July 25th. The company reported $0.84 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.80 by $0.04. Wyndham Hotels & Resorts had a net margin of 6.94% and a return on equity of 19.91%. The business had revenue of $533.00 million for the quarter, compared to analyst estimates of $532.61 million. During the same quarter in the prior year, the business posted $0.73 EPS. Wyndham Hotels & Resorts’s revenue for the quarter was up 22.5% compared to the same quarter last year. On average, sell-side analysts predict that Wyndham Hotels & Resorts Inc will post 3.19 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Friday, September 13th were paid a dividend of $0.29 per share. The ex-dividend date of this dividend was Thursday, September 12th. This represents a $1.16 dividend on an annualized basis and a yield of 2.29%. Wyndham Hotels & Resorts’s payout ratio is 42.80%.

Wyndham Hotels & Resorts Profile

Wyndham Hotels & Resorts, Inc operates as a hotel franchisor worldwide. The company licenses its hotel brands, including Super 8, Days Inn, Ramada, Microtel Inn & Suites, La Quinta, Wingate, AmericInn, Hawthorn Suites, The Trademark Collection, and Wyndham to hotel owners in approximately 80 countries.

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Institutional Ownership by Quarter for Wyndham Hotels & Resorts (NYSE:WH)

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