Wyndham Hotels & Resorts, Inc. (NYSE:WH) Position Trimmed by Raymond James & Associates

Raymond James & Associates decreased its holdings in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WHGet Rating) by 1.7% in the 3rd quarter, Holdings Channel reports. The firm owned 68,880 shares of the company’s stock after selling 1,173 shares during the quarter. Raymond James & Associates’ holdings in Wyndham Hotels & Resorts were worth $4,226,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. Wetherby Asset Management Inc. grew its position in shares of Wyndham Hotels & Resorts by 5.9% during the first quarter. Wetherby Asset Management Inc. now owns 2,423 shares of the company’s stock worth $205,000 after acquiring an additional 134 shares during the last quarter. Raymond James Financial Services Advisors Inc. lifted its holdings in Wyndham Hotels & Resorts by 2.1% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 7,631 shares of the company’s stock worth $646,000 after purchasing an additional 157 shares during the period. Creative Planning lifted its holdings in Wyndham Hotels & Resorts by 4.8% in the second quarter. Creative Planning now owns 4,513 shares of the company’s stock worth $297,000 after purchasing an additional 208 shares during the period. Wade G W & Inc. lifted its holdings in Wyndham Hotels & Resorts by 10.3% in the second quarter. Wade G W & Inc. now owns 3,180 shares of the company’s stock worth $209,000 after purchasing an additional 298 shares during the period. Finally, HighTower Advisors LLC lifted its holdings in Wyndham Hotels & Resorts by 5.4% in the first quarter. HighTower Advisors LLC now owns 6,609 shares of the company’s stock worth $558,000 after purchasing an additional 340 shares during the period. Institutional investors own 91.13% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on WH shares. TheStreet raised shares of Wyndham Hotels & Resorts from a “c+” rating to a “b-” rating in a report on Wednesday, November 16th. StockNews.com assumed coverage on shares of Wyndham Hotels & Resorts in a report on Wednesday, October 12th. They issued a “hold” rating for the company. Barclays raised shares of Wyndham Hotels & Resorts from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $80.00 to $88.00 in a report on Thursday, December 15th. Morgan Stanley assumed coverage on shares of Wyndham Hotels & Resorts in a report on Monday, December 5th. They issued an “overweight” rating and a $87.00 price target for the company. Finally, Redburn Partners assumed coverage on shares of Wyndham Hotels & Resorts in a report on Wednesday, November 30th. They issued a “neutral” rating for the company. Two investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, Wyndham Hotels & Resorts has an average rating of “Moderate Buy” and an average target price of $87.13.

Wyndham Hotels & Resorts Price Performance

NYSE WH opened at $73.19 on Wednesday. The company has a market cap of $6.46 billion, a PE ratio of 19.31, a PEG ratio of 2.30 and a beta of 1.42. Wyndham Hotels & Resorts, Inc. has a 1 year low of $58.81 and a 1 year high of $93.86. The company has a current ratio of 1.60, a quick ratio of 1.60 and a debt-to-equity ratio of 1.95. The stock’s 50-day moving average price is $71.73 and its two-hundred day moving average price is $69.06.

Wyndham Hotels & Resorts (NYSE:WHGet Rating) last issued its earnings results on Tuesday, October 25th. The company reported $1.21 earnings per share for the quarter, beating analysts’ consensus estimates of $1.04 by $0.17. The company had revenue of $407.00 million for the quarter, compared to the consensus estimate of $379.15 million. Wyndham Hotels & Resorts had a return on equity of 32.64% and a net margin of 22.30%. On average, analysts predict that Wyndham Hotels & Resorts, Inc. will post 3.87 EPS for the current year.

Wyndham Hotels & Resorts Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 28th. Investors of record on Wednesday, December 14th were issued a $0.32 dividend. The ex-dividend date of this dividend was Tuesday, December 13th. This represents a $1.28 dividend on an annualized basis and a yield of 1.75%. Wyndham Hotels & Resorts’s dividend payout ratio is currently 33.77%.

Insider Buying and Selling

In related news, insider Scott R. Strickland sold 1,575 shares of the stock in a transaction that occurred on Friday, October 28th. The stock was sold at an average price of $74.07, for a total value of $116,660.25. Following the transaction, the insider now owns 12,127 shares in the company, valued at $898,246.89. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other Wyndham Hotels & Resorts news, insider Scott R. Strickland sold 1,575 shares of the company’s stock in a transaction that occurred on Friday, October 28th. The stock was sold at an average price of $74.07, for a total transaction of $116,660.25. Following the completion of the sale, the insider now owns 12,127 shares of the company’s stock, valued at $898,246.89. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, General Counsel Paul F. Cash sold 8,137 shares of the company’s stock in a transaction that occurred on Tuesday, November 22nd. The stock was sold at an average price of $74.38, for a total value of $605,230.06. Following the sale, the general counsel now directly owns 5,034 shares of the company’s stock, valued at approximately $374,428.92. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 28,652 shares of company stock worth $2,078,910. Insiders own 1.91% of the company’s stock.

Wyndham Hotels & Resorts Profile

(Get Rating)

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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