First National Bank of Mount Dora Trust Investment Services Has $835,000 Position in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

First National Bank of Mount Dora Trust Investment Services lowered its holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 37.8% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,972 shares of the company’s stock after selling 7,285 shares during the period. First National Bank of Mount Dora Trust Investment Services’ holdings in Wyndham Hotels & Resorts were worth $835,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of WH. NEXT Financial Group Inc lifted its position in shares of Wyndham Hotels & Resorts by 70.2% in the fourth quarter. NEXT Financial Group Inc now owns 417 shares of the company’s stock worth $25,000 after purchasing an additional 172 shares in the last quarter. Truist Financial Corp lifted its position in Wyndham Hotels & Resorts by 2.5% in the 3rd quarter. Truist Financial Corp now owns 8,221 shares of the company’s stock worth $415,000 after buying an additional 203 shares in the last quarter. Miracle Mile Advisors LLC boosted its stake in shares of Wyndham Hotels & Resorts by 0.5% during the 4th quarter. Miracle Mile Advisors LLC now owns 56,866 shares of the company’s stock valued at $3,380,000 after buying an additional 255 shares during the period. Diligent Investors LLC boosted its stake in shares of Wyndham Hotels & Resorts by 6.4% during the 4th quarter. Diligent Investors LLC now owns 6,813 shares of the company’s stock valued at $405,000 after buying an additional 410 shares during the period. Finally, Aperio Group LLC grew its holdings in shares of Wyndham Hotels & Resorts by 0.8% during the 4th quarter. Aperio Group LLC now owns 60,288 shares of the company’s stock valued at $3,583,000 after acquiring an additional 469 shares in the last quarter. 93.02% of the stock is owned by institutional investors and hedge funds.

In other news, Director Stephen P. Holmes sold 27,293 shares of the company’s stock in a transaction that occurred on Friday, February 26th. The stock was sold at an average price of $65.13, for a total transaction of $1,777,593.09. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 1.84% of the company’s stock.

NYSE:WH traded down $0.77 during midday trading on Thursday, reaching $71.91. The stock had a trading volume of 180 shares, compared to its average volume of 805,330. The stock has a market capitalization of $6.70 billion, a P/E ratio of -151.42, a PEG ratio of 12.06 and a beta of 1.73. Wyndham Hotels & Resorts, Inc. has a 1-year low of $29.95 and a 1-year high of $73.91. The company has a debt-to-equity ratio of 3.03, a current ratio of 3.14 and a quick ratio of 3.14. The firm’s fifty day simple moving average is $67.46 and its 200-day simple moving average is $58.62.

Wyndham Hotels & Resorts (NYSE:WH) last released its quarterly earnings results on Wednesday, February 10th. The company reported $0.07 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.04 by $0.03. The company had revenue of $296.00 million during the quarter, compared to analysts’ expectations of $294.60 million. Wyndham Hotels & Resorts had a negative net margin of 2.50% and a positive return on equity of 21.25%. The business’s quarterly revenue was down 39.8% compared to the same quarter last year. During the same period in the prior year, the company earned $0.81 earnings per share. On average, equities research analysts anticipate that Wyndham Hotels & Resorts, Inc. will post 1.14 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 31st. Shareholders of record on Wednesday, March 17th were issued a $0.16 dividend. The ex-dividend date was Tuesday, March 16th. This represents a $0.64 dividend on an annualized basis and a yield of 0.89%. This is a positive change from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.08. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is 19.51%.

A number of analysts recently issued reports on WH shares. Gordon Haskett lifted their price objective on Wyndham Hotels & Resorts from $64.00 to $66.00 and gave the company a “buy” rating in a research report on Tuesday, January 5th. Zacks Investment Research cut Wyndham Hotels & Resorts from a “hold” rating to a “sell” rating in a research note on Saturday, February 13th. Finally, Oppenheimer increased their price objective on Wyndham Hotels & Resorts from $55.00 to $70.00 and gave the stock an “outperform” rating in a report on Tuesday, January 12th. One investment analyst has rated the stock with a sell rating and twelve have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $59.08.

Wyndham Hotels & Resorts Company Profile

Wyndham Hotels & Resorts, Inc operates as a hotel franchisor worldwide. It operates through Hotel Franchising and Hotel Management segments. The Hotel Franchising segment licenses its lodging brands and provides related services to third-party hotel owners and others. The Hotel Management segment provides hotel management services for full-service and limited service hotels.

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

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