Wyndham Hotels & Resorts, Inc. (NYSE:WH) Shares Sold by Cwm LLC

Cwm LLC trimmed its position in Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 58.0% during the 3rd quarter, Holdings Channel.com reports. The fund owned 1,299 shares of the company’s stock after selling 1,791 shares during the period. Cwm LLC’s holdings in Wyndham Hotels & Resorts were worth $102,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in WH. Peddock Capital Advisors LLC purchased a new position in Wyndham Hotels & Resorts in the 3rd quarter valued at about $202,000. GAMMA Investing LLC increased its holdings in shares of Wyndham Hotels & Resorts by 54.0% during the 3rd quarter. GAMMA Investing LLC now owns 713 shares of the company’s stock worth $56,000 after buying an additional 250 shares during the last quarter. Handelsbanken Fonder AB increased its holdings in Wyndham Hotels & Resorts by 45.9% in the 3rd quarter. Handelsbanken Fonder AB now owns 22,900 shares of the company’s stock valued at $1,789,000 after purchasing an additional 7,200 shares during the last quarter. SG Americas Securities LLC increased its holdings in Wyndham Hotels & Resorts by 80.4% in the 3rd quarter. SG Americas Securities LLC now owns 10,489 shares of the company’s stock valued at $820,000 after purchasing an additional 4,676 shares during the last quarter. Finally, Sanctuary Advisors LLC acquired a new stake in Wyndham Hotels & Resorts in the 2nd quarter valued at approximately $214,000. 93.46% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Wyndham Hotels & Resorts

In other news, insider Monica Melancon sold 5,040 shares of the firm’s stock in a transaction on Friday, September 6th. The shares were sold at an average price of $77.66, for a total value of $391,406.40. Following the transaction, the insider now owns 10,606 shares of the company’s stock, valued at approximately $823,661.96. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. In other Wyndham Hotels & Resorts news, Director Stephen P. Holmes sold 80,000 shares of the firm’s stock in a transaction on Friday, October 25th. The shares were sold at an average price of $91.01, for a total transaction of $7,280,800.00. Following the completion of the transaction, the director now directly owns 366,371 shares of the company’s stock, valued at $33,343,424.71. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Monica Melancon sold 5,040 shares of Wyndham Hotels & Resorts stock in a transaction dated Friday, September 6th. The shares were sold at an average price of $77.66, for a total transaction of $391,406.40. Following the completion of the transaction, the insider now directly owns 10,606 shares of the company’s stock, valued at $823,661.96. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 100,343 shares of company stock worth $9,045,321 in the last quarter. 2.79% of the stock is owned by insiders.

Wyndham Hotels & Resorts Trading Up 0.7 %

Shares of WH opened at $90.63 on Friday. Wyndham Hotels & Resorts, Inc. has a twelve month low of $67.67 and a twelve month high of $91.93. The firm has a market capitalization of $7.30 billion, a P/E ratio of 32.14, a PEG ratio of 3.00 and a beta of 1.33. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 3.83. The firm’s 50-day moving average is $79.29 and its two-hundred day moving average is $74.98.

Wyndham Hotels & Resorts (NYSE:WH) last announced its quarterly earnings data on Wednesday, October 23rd. The company reported $1.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.38 by $0.01. The business had revenue of $396.00 million for the quarter, compared to the consensus estimate of $408.32 million. Wyndham Hotels & Resorts had a net margin of 18.28% and a return on equity of 47.05%. The company’s quarterly revenue was down 1.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.31 earnings per share. On average, research analysts predict that Wyndham Hotels & Resorts, Inc. will post 4.26 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Friday, September 13th were given a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a yield of 1.68%. The ex-dividend date of this dividend was Friday, September 13th. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is 53.90%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. Barclays lifted their price objective on shares of Wyndham Hotels & Resorts from $90.00 to $100.00 and gave the stock an “overweight” rating in a research report on Friday. Truist Financial lifted their price objective on shares of Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the company a “buy” rating in a research note on Friday. The Goldman Sachs Group began coverage on shares of Wyndham Hotels & Resorts in a research note on Wednesday, September 18th. They issued a “buy” rating and a $96.00 price objective on the stock. Robert W. Baird boosted their price target on shares of Wyndham Hotels & Resorts from $92.00 to $97.00 and gave the stock an “outperform” rating in a research note on Friday. Finally, StockNews.com upgraded shares of Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a research note on Tuesday. Two research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Wyndham Hotels & Resorts has a consensus rating of “Moderate Buy” and a consensus price target of $94.00.

Wyndham Hotels & Resorts Company Profile

Wyndham Hotels & Resorts, Inc operates as a hotel franchisor in the United States and internationally. 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.