Creative Planning Acquires 1,294 Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Creative Planning boosted its position in Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 11.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 12,959 shares of the company’s stock after acquiring an additional 1,294 shares during the period. Creative Planning’s holdings in Wyndham Hotels & Resorts were worth $1,013,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. TimesSquare Capital Management LLC purchased a new stake in shares of Wyndham Hotels & Resorts in the first quarter valued at about $1,382,000. Van ECK Associates Corp purchased a new position in shares of Wyndham Hotels & Resorts during the 1st quarter valued at $2,292,000. Hsbc Holdings PLC purchased a new stake in shares of Wyndham Hotels & Resorts in the 2nd quarter valued at about $1,425,000. Thrivent Financial for Lutherans grew its stake in Wyndham Hotels & Resorts by 377.5% in the 2nd quarter. Thrivent Financial for Lutherans now owns 1,240,702 shares of the company’s stock worth $91,812,000 after buying an additional 980,848 shares in the last quarter. Finally, CANADA LIFE ASSURANCE Co raised its position in Wyndham Hotels & Resorts by 19.0% during the first quarter. CANADA LIFE ASSURANCE Co now owns 58,453 shares of the company’s stock valued at $4,487,000 after purchasing an additional 9,325 shares in the last quarter. Institutional investors own 93.46% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. Stifel Nicolaus increased their target price on shares of Wyndham Hotels & Resorts from $91.00 to $92.00 and gave the company a “buy” rating in a report on Thursday, October 24th. StockNews.com raised Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a research report on Friday. Truist Financial upped 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. Robert W. Baird upped 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, October 25th. Finally, Barclays upped their price target on Wyndham Hotels & Resorts from $90.00 to $100.00 and gave the company an “overweight” rating in a report on Friday, October 25th. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $95.00.

Insider Activity

In other news, Director Stephen P. Holmes sold 80,000 shares of the firm’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 value of $7,280,800.00. Following the completion of the sale, 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In related news, Director Stephen P. Holmes sold 80,000 shares of the business’s stock in a transaction 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 transaction, the director now owns 366,371 shares in the company, valued at $33,343,424.71. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Michele Allen sold 15,000 shares of Wyndham Hotels & Resorts stock in a transaction dated Friday, October 25th. The shares were sold at an average price of $89.99, for a total transaction of $1,349,850.00. Following the sale, the chief financial officer now owns 10,056 shares of the company’s stock, valued at $904,939.44. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 100,040 shares of company stock worth $9,022,056. 2.79% of the stock is currently owned by insiders.

Wyndham Hotels & Resorts Trading Down 0.7 %

NYSE:WH opened at $88.32 on Friday. 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 business has a fifty day moving average price of $80.08 and a 200-day moving average price of $75.32. The firm has a market capitalization of $6.87 billion, a price-to-earnings ratio of 28.04, a price-to-earnings-growth ratio of 2.69 and a beta of 1.33. Wyndham Hotels & Resorts, Inc. has a one year low of $67.67 and a one year high of $91.93.

Wyndham Hotels & Resorts (NYSE:WH) last issued its earnings results on Wednesday, October 23rd. The company reported $1.39 earnings per share for the quarter, topping the consensus estimate 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 the consensus estimate of $408.32 million. During the same quarter in the prior year, the firm posted $1.31 EPS. Wyndham Hotels & Resorts’s quarterly revenue was down 1.5% compared to the same quarter last year. Sell-side analysts forecast that Wyndham Hotels & Resorts, Inc. will post 4.28 EPS for the current year.

Wyndham Hotels & Resorts Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Friday, September 13th were issued a $0.38 dividend. The ex-dividend date of this dividend was Friday, September 13th. This represents a $1.52 annualized dividend and a dividend yield of 1.72%. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is 48.25%.

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.