Barclays PLC Decreases Holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Barclays PLC lessened its stake in Wyndham Hotels & Resorts, Inc. (NYSE:WHFree Report) by 47.9% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 96,548 shares of the company’s stock after selling 88,917 shares during the quarter. Barclays PLC owned approximately 0.12% of Wyndham Hotels & Resorts worth $6,713,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Rockefeller Capital Management L.P. raised its holdings in Wyndham Hotels & Resorts by 139.3% during the 4th quarter. Rockefeller Capital Management L.P. now owns 438 shares of the company’s stock valued at $31,000 after buying an additional 255 shares during the period. Money Concepts Capital Corp purchased a new position in shares of Wyndham Hotels & Resorts during the 4th quarter worth about $33,000. Point72 Hong Kong Ltd purchased a new position in shares of Wyndham Hotels & Resorts during the 2nd quarter worth about $46,000. Concord Wealth Partners grew its holdings in Wyndham Hotels & Resorts by 25.8% during the 2nd quarter. Concord Wealth Partners now owns 1,506 shares of the company’s stock valued at $103,000 after purchasing an additional 309 shares during the last quarter. Finally, Perkins Coie Trust Co purchased a new stake in Wyndham Hotels & Resorts in the 3rd quarter worth about $104,000. 92.06% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. HSBC initiated coverage on shares of Wyndham Hotels & Resorts in a report on Monday, October 23rd. They issued a “buy” rating and a $87.00 price target on the stock. Morgan Stanley upped their target price on Wyndham Hotels & Resorts from $87.00 to $88.00 and gave the stock an “overweight” rating in a research note on Friday, October 27th. Finally, initiated coverage on shares of Wyndham Hotels & Resorts in a research report on Wednesday. They issued a “hold” rating for the company. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat, Wyndham Hotels & Resorts has a consensus rating of “Moderate Buy” and an average target price of $87.00.

Read Our Latest Stock Analysis on WH

Wyndham Hotels & Resorts Stock Down 0.3 %

WH stock opened at $78.80 on Friday. Wyndham Hotels & Resorts, Inc. has a one year low of $63.69 and a one year high of $81.73. The company has a debt-to-equity ratio of 2.48, a quick ratio of 1.07 and a current ratio of 1.07. The company has a fifty day moving average of $79.36 and a 200-day moving average of $75.97. The stock has a market capitalization of $6.54 billion, a PE ratio of 22.97, a price-to-earnings-growth ratio of 6.97 and a beta of 1.37.

Wyndham Hotels & Resorts Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 27th. Shareholders of record on Wednesday, December 13th were issued a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 1.78%. The ex-dividend date of this dividend was Tuesday, December 12th. Wyndham Hotels & Resorts’s dividend payout ratio is presently 40.82%.

About Wyndham Hotels & Resorts

(Free Report)

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 hotels.

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

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