Wealth Enhancement Advisory Services LLC Has $472,000 Position in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Wealth Enhancement Advisory Services LLC decreased its position in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 4.4% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 6,038 shares of the company’s stock after selling 275 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Wyndham Hotels & Resorts were worth $472,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Texas Permanent School Fund Corp raised its holdings in Wyndham Hotels & Resorts by 1.4% during the 1st quarter. Texas Permanent School Fund Corp now owns 72,607 shares of the company’s stock worth $5,573,000 after purchasing an additional 972 shares during the last quarter. SG Americas Securities LLC grew its position in shares of Wyndham Hotels & Resorts by 205.6% during the 1st quarter. SG Americas Securities LLC now owns 6,861 shares of the company’s stock worth $527,000 after buying an additional 4,616 shares during the period. TimesSquare Capital Management LLC bought a new stake in shares of Wyndham Hotels & Resorts during the first quarter worth approximately $1,382,000. Qsemble Capital Management LP acquired a new position in Wyndham Hotels & Resorts in the first quarter valued at approximately $215,000. Finally, Entropy Technologies LP bought a new position in Wyndham Hotels & Resorts in the first quarter valued at approximately $1,631,000. 93.46% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts have commented on the stock. The Goldman Sachs Group initiated coverage on shares of Wyndham Hotels & Resorts in a research report on Wednesday, September 18th. They set a “buy” rating and a $96.00 target price for the company. StockNews.com raised Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a research note on Friday, November 1st. Robert W. Baird increased their target price on Wyndham Hotels & Resorts from $92.00 to $97.00 and gave the company an “outperform” rating in a research note on Friday, October 25th. Truist Financial boosted their target price on Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the stock a “buy” rating in a research report 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 research note on Friday, October 25th. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, Wyndham Hotels & Resorts presently has an average rating of “Moderate Buy” and an average price target of $95.00.

Wyndham Hotels & Resorts Stock Performance

Shares of WH stock opened at $95.93 on Friday. The company has a market capitalization of $7.46 billion, a P/E ratio of 30.45, a price-to-earnings-growth ratio of 2.38 and a beta of 1.31. Wyndham Hotels & Resorts, Inc. has a 52 week low of $67.67 and a 52 week high of $96.13. The company has a debt-to-equity ratio of 4.19, a quick ratio of 0.97 and a current ratio of 0.97. The company’s 50 day moving average price is $82.08 and its two-hundred day moving average price is $76.32.

Wyndham Hotels & Resorts (NYSE:WH) last posted its quarterly earnings data 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. Wyndham Hotels & Resorts had a return on equity of 51.79% and a net margin of 18.29%. The business had revenue of $396.00 million during the quarter, compared to the consensus estimate of $408.32 million. During the same period last year, the company earned $1.31 earnings per share. Wyndham Hotels & Resorts’s quarterly revenue was down 1.5% on a year-over-year basis. On average, analysts expect that Wyndham Hotels & Resorts, Inc. will post 4.3 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Friday, September 13th were issued a $0.38 dividend. This represents a $1.52 annualized dividend and a dividend yield of 1.58%. The ex-dividend date was Friday, September 13th. Wyndham Hotels & Resorts’s payout ratio is 48.25%.

Insider Activity at Wyndham Hotels & Resorts

In other Wyndham Hotels & Resorts news, insider Scott R. Strickland sold 2,850 shares of the firm’s stock in a transaction that occurred on Tuesday, November 5th. The stock was sold at an average price of $88.14, for a total value of $251,199.00. Following the completion of the transaction, the insider now directly owns 26,062 shares in the company, valued at $2,297,104.68. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In related news, Director Stephen P. Holmes sold 80,000 shares of the company’s stock in a transaction dated Friday, October 25th. The shares were sold at an average price of $91.01, for a total value of $7,280,800.00. Following the transaction, the director now owns 366,371 shares in the company, valued at approximately $33,343,424.71. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Scott R. Strickland sold 2,850 shares of Wyndham Hotels & Resorts stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $88.14, for a total value of $251,199.00. Following the sale, the insider now directly owns 26,062 shares of the company’s stock, valued at $2,297,104.68. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 102,890 shares of company stock valued at $9,273,255. 2.79% of the stock is owned by insiders.

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.