Victory Capital Management Inc. Grows Stock Holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Victory Capital Management Inc. raised its holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WHFree Report) by 7.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,472 shares of the company’s stock after purchasing an additional 1,134 shares during the quarter. Victory Capital Management Inc.’s holdings in Wyndham Hotels & Resorts were worth $1,076,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the business. Nuveen Asset Management LLC raised its position in shares of Wyndham Hotels & Resorts by 30.0% during the 2nd quarter. Nuveen Asset Management LLC now owns 1,596,620 shares of the company’s stock worth $109,480,000 after purchasing an additional 368,601 shares during the last quarter. Brown Advisory Inc. raised its position in shares of Wyndham Hotels & Resorts by 60.3% during the 3rd quarter. Brown Advisory Inc. now owns 125,649 shares of the company’s stock worth $8,738,000 after purchasing an additional 47,280 shares during the last quarter. Comerica Bank acquired a new position in shares of Wyndham Hotels & Resorts during the 2nd quarter worth approximately $12,439,000. Ossiam acquired a new position in Wyndham Hotels & Resorts in the 2nd quarter valued at $18,791,000. Finally, Long Pond Capital LP acquired a new position in Wyndham Hotels & Resorts in the 2nd quarter valued at $77,107,000. Hedge funds and other institutional investors own 92.06% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on WH. StockNews.com began coverage on Wyndham Hotels & Resorts in a report on Wednesday, February 7th. They issued a “hold” rating for the company. HSBC began coverage on Wyndham Hotels & Resorts in a report on Monday, October 23rd. They issued a “buy” rating and a $87.00 price target for the company. Finally, Morgan Stanley boosted their price target on Wyndham Hotels & Resorts from $87.00 to $88.00 and gave the company an “overweight” rating in a report on Friday, October 27th. One research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $87.00.

Read Our Latest Stock Report on Wyndham Hotels & Resorts

Wyndham Hotels & Resorts Stock Up 0.1 %

Shares of Wyndham Hotels & Resorts stock opened at $80.01 on Tuesday. The company has a fifty day moving average price of $79.42 and a 200 day moving average price of $76.06. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 2.48. Wyndham Hotels & Resorts, Inc. has a twelve month low of $63.69 and a twelve month high of $81.73. The stock has a market cap of $6.64 billion, a price-to-earnings ratio of 23.33, a price-to-earnings-growth ratio of 7.05 and a beta of 1.37.

Wyndham Hotels & Resorts Profile

(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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