Captrust Financial Advisors Sells 845 Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Captrust Financial Advisors cut its stake in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 24.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,671 shares of the company’s stock after selling 845 shares during the quarter. Captrust Financial Advisors’ holdings in Wyndham Hotels & Resorts were worth $209,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of WH. Assetmark Inc. bought a new position in shares of Wyndham Hotels & Resorts in the third quarter valued at $30,000. First Horizon Advisors Inc. lifted its position in shares of Wyndham Hotels & Resorts by 76.9% during the third quarter. First Horizon Advisors Inc. now owns 467 shares of the company’s stock valued at $36,000 after purchasing an additional 203 shares in the last quarter. Concord Wealth Partners lifted its position in shares of Wyndham Hotels & Resorts by 115.5% during the third quarter. Concord Wealth Partners now owns 543 shares of the company’s stock valued at $42,000 after purchasing an additional 291 shares in the last quarter. Brooklyn Investment Group bought a new position in shares of Wyndham Hotels & Resorts during the third quarter valued at about $49,000. Finally, Blue Trust Inc. lifted its position in shares of Wyndham Hotels & Resorts by 1,245.1% during the second quarter. Blue Trust Inc. now owns 686 shares of the company’s stock valued at $53,000 after purchasing an additional 635 shares in the last quarter. 93.46% of the stock is owned by institutional investors.

Wyndham Hotels & Resorts Price Performance

WH opened at $104.84 on Tuesday. The company has a market capitalization of $8.16 billion, a price-to-earnings ratio of 33.28, a PEG ratio of 2.42 and a beta of 1.32. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 4.19. The firm has a 50-day moving average price of $92.76 and a 200-day moving average price of $81.37. Wyndham Hotels & Resorts, Inc. has a twelve month low of $67.67 and a twelve month high of $105.16.

Wyndham Hotels & Resorts (NYSE:WH) last released its quarterly earnings data on Wednesday, October 23rd. The company reported $1.39 EPS for the quarter, beating analysts’ consensus estimates of $1.38 by $0.01. Wyndham Hotels & Resorts had a net margin of 18.29% and a return on equity of 51.79%. The company had revenue of $396.00 million during the quarter, compared to analyst estimates of $408.32 million. During the same period last year, the business earned $1.31 earnings per share. Wyndham Hotels & Resorts’s revenue was down 1.5% compared to the same quarter last year. Equities analysts expect that Wyndham Hotels & Resorts, Inc. will post 4.29 EPS for the current year.

Wyndham Hotels & Resorts Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Shareholders of record on Friday, December 13th will be given a dividend of $0.38 per share. The ex-dividend date of this dividend is Friday, December 13th. This represents a $1.52 annualized dividend and a yield of 1.45%. Wyndham Hotels & Resorts’s payout ratio is presently 48.25%.

Insider Buying and Selling at Wyndham Hotels & Resorts

In other news, CFO Michele Allen sold 15,000 shares of the business’s stock in a transaction that occurred on Friday, October 25th. The shares were sold at an average price of $89.99, for a total value of $1,349,850.00. Following the completion of the sale, the chief financial officer now directly owns 10,056 shares in the company, valued at approximately $904,939.44. The trade was a 59.87 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Stephen P. Holmes sold 80,000 shares of the business’s stock in a transaction that occurred on Friday, October 25th. The stock was sold at an average price of $91.01, for a total transaction of $7,280,800.00. Following the completion of the sale, the director now owns 366,371 shares of the company’s stock, valued at approximately $33,343,424.71. The trade was a 17.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 97,850 shares of company stock worth $8,881,849 over the last three months. 2.79% of the stock is owned by insiders.

Wall Street Analyst Weigh In

WH has been the topic of a number of recent analyst reports. StockNews.com raised shares of Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a research report on Friday, November 1st. Truist Financial raised their price objective on shares of Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the stock a “buy” rating in a report on Friday, October 25th. Wells Fargo & Company assumed coverage on shares of Wyndham Hotels & Resorts in a report on Thursday, December 5th. They set an “equal weight” rating and a $103.00 price objective for the company. Robert W. Baird raised their price objective on shares of Wyndham Hotels & Resorts from $92.00 to $97.00 and gave the stock an “outperform” rating in a report on Friday, October 25th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Wyndham Hotels & Resorts from $99.00 to $113.00 and gave the stock an “overweight” rating in a report on Friday. Three research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $105.56.

About Wyndham Hotels & Resorts

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.