Crossmark Global Holdings Inc. Sells 299 Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Crossmark Global Holdings Inc. decreased its holdings in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WHGet Rating) by 3.5% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 8,341 shares of the company’s stock after selling 299 shares during the period. Crossmark Global Holdings Inc.’s holdings in Wyndham Hotels & Resorts were worth $511,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in WH. CWM LLC lifted its stake in Wyndham Hotels & Resorts by 1,217.2% during the second quarter. CWM LLC now owns 382 shares of the company’s stock worth $25,000 after purchasing an additional 353 shares during the last quarter. SeaCrest Wealth Management LLC bought a new stake in Wyndham Hotels & Resorts during the second quarter worth about $29,000. Point72 Hong Kong Ltd bought a new stake in Wyndham Hotels & Resorts during the second quarter worth about $46,000. Wipfli Financial Advisors LLC bought a new stake in Wyndham Hotels & Resorts during the third quarter worth about $71,000. Finally, Quadrant Capital Group LLC lifted its stake in Wyndham Hotels & Resorts by 41.1% during the second quarter. Quadrant Capital Group LLC now owns 1,383 shares of the company’s stock worth $91,000 after purchasing an additional 403 shares during the last quarter. Institutional investors own 91.13% of the company’s stock.

Wyndham Hotels & Resorts Stock Up 2.1 %

Shares of NYSE:WH opened at $75.33 on Monday. Wyndham Hotels & Resorts, Inc. has a 1 year low of $58.81 and a 1 year high of $93.86. The company has a market cap of $6.65 billion, a PE ratio of 19.88, a P/E/G ratio of 2.35 and a beta of 1.42. The company has a debt-to-equity ratio of 1.95, a current ratio of 1.60 and a quick ratio of 1.60. The stock’s 50-day moving average is $71.81 and its 200 day moving average is $69.22.

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

Wyndham Hotels & Resorts Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 28th. Shareholders of record on Wednesday, December 14th were issued a dividend of $0.32 per share. The ex-dividend date of this dividend was Tuesday, December 13th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.70%. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is 33.77%.

Insiders Place Their Bets

In other Wyndham Hotels & Resorts news, 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 transaction of $605,230.06. Following the transaction, the general counsel now owns 5,034 shares in the company, valued at approximately $374,428.92. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Wyndham Hotels & Resorts news, CFO Michele Allen sold 14,940 shares of the company’s stock in a transaction that occurred on Tuesday, December 6th. The stock was sold at an average price of $71.34, for a total transaction of $1,065,819.60. Following the transaction, the chief financial officer now owns 65,452 shares in the company, valued at approximately $4,669,345.68. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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 transaction, the general counsel now owns 5,034 shares in the company, valued at approximately $374,428.92. The disclosure for this sale can be found here. In the last quarter, insiders have sold 28,652 shares of company stock worth $2,078,910. Company insiders own 1.91% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently commented on WH. Morgan Stanley began coverage on Wyndham Hotels & Resorts in a report on Monday, December 5th. They issued an “overweight” rating and a $87.00 price objective on the stock. Redburn Partners began coverage on Wyndham Hotels & Resorts in a report on Wednesday, November 30th. They issued a “neutral” rating on the stock. Barclays decreased their price objective on Wyndham Hotels & Resorts from $88.00 to $85.00 and set an “overweight” rating on the stock in a report on Friday. TheStreet upgraded Wyndham Hotels & Resorts from a “c+” rating to a “b-” rating in a report on Wednesday, November 16th. Finally, StockNews.com began coverage on Wyndham Hotels & Resorts in a report on Wednesday, October 12th. They issued a “hold” rating on the stock. Two analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $86.38.

Wyndham Hotels & Resorts Company 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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