Wyndham Hotels & Resorts, Inc. (NYSE:WH) Shares Bought by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. grew its holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 2.7% during the 3rd quarter, Holdings Channel reports. The firm owned 5,674 shares of the company’s stock after buying an additional 147 shares during the period. Crossmark Global Holdings Inc.’s holdings in Wyndham Hotels & Resorts were worth $443,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. TimesSquare Capital Management LLC raised its stake in Wyndham Hotels & Resorts by 284,590.0% in the 3rd quarter. TimesSquare Capital Management LLC now owns 284,690 shares of the company’s stock valued at $22,246,000 after purchasing an additional 284,590 shares during the last quarter. Legacy Capital Wealth Partners LLC purchased a new position in shares of Wyndham Hotels & Resorts during the third quarter valued at approximately $231,000. Assetmark Inc. acquired a new stake in Wyndham Hotels & Resorts during the third quarter worth approximately $30,000. Equitable Trust Co. grew its stake in Wyndham Hotels & Resorts by 1.9% in the 3rd quarter. Equitable Trust Co. now owns 9,160 shares of the company’s stock worth $716,000 after acquiring an additional 174 shares during the period. Finally, Impax Asset Management Group plc raised its holdings in Wyndham Hotels & Resorts by 35.0% in the 3rd quarter. Impax Asset Management Group plc now owns 135,000 shares of the company’s stock valued at $10,549,000 after acquiring an additional 35,000 shares during the last quarter. 93.46% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Wyndham Hotels & Resorts

In related news, insider Monica Melancon sold 5,040 shares of Wyndham Hotels & Resorts 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 completion of the sale, the insider now owns 10,606 shares in the company, valued at approximately $823,661.96. The trade was a 32.21 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Stephen P. Holmes sold 80,000 shares of the 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 transaction, the director now owns 366,371 shares in the company, valued at $33,343,424.71. This trade represents a 17.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 102,890 shares of company stock valued at $9,273,255 in the last three months. Corporate insiders own 2.79% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on WH shares. Barclays increased their price objective on shares of Wyndham Hotels & Resorts from $90.00 to $100.00 and gave the stock an “overweight” rating in a report on Friday, October 25th. StockNews.com upgraded shares of Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a report on Friday, November 1st. Truist Financial boosted their price objective on shares of Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the stock a “buy” rating in a research note on Friday, October 25th. Robert W. Baird raised their target price on shares of Wyndham Hotels & Resorts from $92.00 to $97.00 and gave the company an “outperform” rating in a research note on Friday, October 25th. Finally, Stifel Nicolaus upped their price target on shares of Wyndham Hotels & Resorts from $91.00 to $92.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. Two research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $97.86.

Wyndham Hotels & Resorts Stock Performance

Wyndham Hotels & Resorts stock opened at $96.79 on Friday. Wyndham Hotels & Resorts, Inc. has a 12-month low of $67.67 and a 12-month high of $98.73. The company has a debt-to-equity ratio of 4.19, a current ratio of 0.97 and a quick ratio of 0.97. The company has a market capitalization of $7.53 billion, a price-to-earnings ratio of 30.73, a price-to-earnings-growth ratio of 2.45 and a beta of 1.31. The firm’s fifty day moving average price is $84.04 and its 200 day moving average price is $77.18.

Wyndham Hotels & Resorts (NYSE:WH) last announced its earnings results on Wednesday, October 23rd. The company reported $1.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.38 by $0.01. The business had revenue of $396.00 million for the quarter, compared to analyst estimates of $408.32 million. Wyndham Hotels & Resorts had a return on equity of 51.79% and a net margin of 18.29%. The company’s revenue for the quarter was down 1.5% compared to the same quarter last year. During the same period in the previous year, the company earned $1.31 earnings per share. On average, research analysts forecast that Wyndham Hotels & Resorts, Inc. will post 4.3 EPS for the current fiscal year.

Wyndham Hotels & Resorts 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.