Wyndham Hotels & Resorts, Inc. (NYSE:WH) Stock Position Lifted by Equitable Trust Co.

Equitable Trust Co. boosted its stake in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 1.9% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 9,160 shares of the company’s stock after purchasing an additional 174 shares during the period. Equitable Trust Co.’s holdings in Wyndham Hotels & Resorts were worth $716,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. GAMMA Investing LLC grew its position in Wyndham Hotels & Resorts by 80.9% during the second quarter. GAMMA Investing LLC now owns 463 shares of the company’s stock valued at $34,000 after purchasing an additional 207 shares in the last quarter. Concord Wealth Partners grew its position in Wyndham Hotels & Resorts by 115.5% during the third quarter. Concord Wealth Partners now owns 543 shares of the company’s stock valued at $42,000 after purchasing an additional 291 shares in the last quarter. Blue Trust Inc. grew its position in Wyndham Hotels & Resorts by 1,245.1% during the second quarter. Blue Trust Inc. now owns 686 shares of the company’s stock valued at $53,000 after purchasing an additional 635 shares in the last quarter. Family Firm Inc. purchased a new position in Wyndham Hotels & Resorts during the second quarter valued at approximately $67,000. Finally, International Assets Investment Management LLC bought a new stake in Wyndham Hotels & Resorts in the second quarter worth approximately $70,000. 93.46% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have commented on WH. Barclays boosted their target price on shares of Wyndham Hotels & Resorts from $90.00 to $100.00 and gave the stock an “overweight” rating in a research report on Friday, October 25th. Robert W. Baird boosted their target price on shares of Wyndham Hotels & Resorts from $92.00 to $97.00 and gave the stock an “outperform” rating in a research report on Friday, October 25th. Stifel Nicolaus boosted their target price on shares of Wyndham Hotels & Resorts from $91.00 to $92.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. Truist Financial boosted their target price on shares of Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. Finally, The Goldman Sachs Group began coverage on shares of Wyndham Hotels & Resorts in a research report on Wednesday, September 18th. They issued a “buy” rating and a $96.00 target price for the company. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $95.00.

Wyndham Hotels & Resorts Price Performance

Shares of Wyndham Hotels & Resorts stock opened at $95.92 on Friday. The firm has a fifty day simple moving average of $82.08 and a 200-day simple moving average of $76.36. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 4.19. Wyndham Hotels & Resorts, Inc. has a 1-year low of $67.67 and a 1-year high of $96.13. The stock has a market capitalization of $7.46 billion, a price-to-earnings ratio of 30.45, a PEG ratio of 2.38 and a beta of 1.31.

Wyndham Hotels & Resorts (NYSE:WH) last issued its quarterly earnings data on Wednesday, October 23rd. The company reported $1.39 earnings per share for the quarter, topping analysts’ consensus estimates of $1.38 by $0.01. Wyndham Hotels & Resorts had a net margin of 18.29% and a return on equity of 51.79%. The business had revenue of $396.00 million during the quarter, compared to analysts’ expectations of $408.32 million. During the same period in the previous year, the company earned $1.31 earnings per share. Wyndham Hotels & Resorts’s revenue for the quarter was down 1.5% on a year-over-year basis. On average, sell-side analysts expect that Wyndham Hotels & Resorts, Inc. will post 4.3 earnings per share for the current year.

Wyndham Hotels & Resorts Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Friday, September 13th were paid a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a yield of 1.58%. The ex-dividend date was Friday, September 13th. Wyndham Hotels & Resorts’s payout ratio is currently 48.25%.

Insider Activity at Wyndham Hotels & Resorts

In related news, Director Stephen P. Holmes sold 80,000 shares of the company’s stock in a transaction on Friday, October 25th. The shares were sold at an average price of $91.01, for a total transaction of $7,280,800.00. Following the completion of the transaction, the director now directly owns 366,371 shares in the company, valued at $33,343,424.71. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In related news, Director Stephen P. Holmes sold 80,000 shares of the company’s stock in a transaction on Friday, October 25th. The shares were sold at an average price of $91.01, for a total transaction of $7,280,800.00. Following the completion of the transaction, the director now directly owns 366,371 shares in the company, valued at $33,343,424.71. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Monica Melancon sold 5,040 shares of the company’s stock in a transaction on Friday, September 6th. The shares were sold at an average price of $77.66, for a total transaction of $391,406.40. Following the transaction, the insider now owns 10,606 shares of the company’s stock, valued at approximately $823,661.96. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 102,890 shares of company stock worth $9,273,255 in the last ninety days. 2.79% of the stock is currently owned by insiders.

Wyndham Hotels & Resorts Company Profile

Wyndham Hotels & Resorts, Inc operates as a hotel franchisor in the United States and internationally. 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.