Washington Capital Management Inc. Cuts Holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Washington Capital Management Inc. lessened its stake in Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 13.9% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 6,200 shares of the company’s stock after selling 1,000 shares during the quarter. Washington Capital Management Inc.’s holdings in Wyndham Hotels & Resorts were worth $625,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Stifel Financial Corp lifted its stake in Wyndham Hotels & Resorts by 91.9% in the third quarter. Stifel Financial Corp now owns 30,665 shares of the company’s stock worth $2,396,000 after acquiring an additional 14,688 shares during the last quarter. Thrivent Financial for Lutherans raised its holdings in shares of Wyndham Hotels & Resorts by 40.8% in the 3rd quarter. Thrivent Financial for Lutherans now owns 1,747,295 shares of the company’s stock valued at $136,533,000 after purchasing an additional 506,593 shares in the last quarter. Natixis Advisors LLC lifted its position in shares of Wyndham Hotels & Resorts by 37.7% during the 3rd quarter. Natixis Advisors LLC now owns 34,537 shares of the company’s stock worth $2,699,000 after purchasing an additional 9,463 shares during the last quarter. The Manufacturers Life Insurance Company grew its stake in shares of Wyndham Hotels & Resorts by 15.0% during the third quarter. The Manufacturers Life Insurance Company now owns 64,329 shares of the company’s stock worth $5,027,000 after purchasing an additional 8,389 shares in the last quarter. Finally, Impax Asset Management Group plc increased its holdings in Wyndham Hotels & Resorts by 35.0% in the third quarter. Impax Asset Management Group plc now owns 135,000 shares of the company’s stock valued at $10,549,000 after buying an additional 35,000 shares during the last quarter. 93.46% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Wyndham Hotels & Resorts

In other Wyndham Hotels & Resorts news, insider Scott R. Strickland sold 2,850 shares of the company’s stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $88.14, for a total transaction of $251,199.00. Following the completion of the transaction, the insider now owns 26,062 shares in the company, valued at approximately $2,297,104.68. This represents a 9.86 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 2.79% of the company’s stock.

Wyndham Hotels & Resorts Stock Down 1.0 %

WH stock opened at $104.23 on Thursday. The company has a market cap of $8.11 billion, a price-to-earnings ratio of 33.09, a price-to-earnings-growth ratio of 2.22 and a beta of 1.30. The company has a fifty day moving average price of $101.28 and a 200 day moving average price of $87.93. The company has a debt-to-equity ratio of 4.19, a current ratio of 0.97 and a quick ratio of 0.97. Wyndham Hotels & Resorts, Inc. has a 12 month low of $67.67 and a 12 month high of $106.28.

Wyndham Hotels & Resorts Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 27th. Stockholders of record on Friday, December 13th were issued a $0.38 dividend. The ex-dividend date of this dividend was Friday, December 13th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.46%. Wyndham Hotels & Resorts’s payout ratio is 48.25%.

Analyst Ratings Changes

A number of brokerages have issued reports on WH. Oppenheimer lifted their price target on Wyndham Hotels & Resorts from $90.00 to $115.00 and gave the stock an “outperform” rating in a report on Tuesday, November 12th. Jefferies Financial Group upped their price target on Wyndham Hotels & Resorts from $107.00 to $120.00 and gave the company a “buy” rating in a report on Thursday, January 2nd. Truist Financial raised their price objective on shares of Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the stock a “buy” rating in a report on Friday, October 25th. StockNews.com upgraded shares of Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a research report on Friday, November 1st. Finally, Stifel Nicolaus increased their target price on shares of Wyndham Hotels & Resorts from $92.00 to $107.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. Two investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat, Wyndham Hotels & Resorts presently has a consensus rating of “Moderate Buy” and an average target price of $108.10.

Wyndham Hotels & Resorts Profile

Wyndham Hotels & Resorts, Inc engages in the franchise and operation of hotels under the Wyndham brand. It operates through the following segments: Hotel Franchising, Hotel Management, and Corporate and Other. The Hotel Franchising segment focuses on licensing the company’s lodging brands and providing related services to third-party hotel owners and others.