Cwm LLC Has $102,000 Position in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Cwm LLC decreased its stake in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 58.0% during the third quarter, according to the company in its most recent filing with the SEC. 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 SEC.

Several other large investors have also modified their holdings of the company. Vanguard Group Inc. increased its position in shares of Wyndham Hotels & Resorts by 7.5% during the 1st quarter. Vanguard Group Inc. now owns 8,311,078 shares of the company’s stock worth $637,875,000 after purchasing an additional 581,909 shares in the last quarter. Capital Research Global Investors raised its stake in shares of Wyndham Hotels & Resorts by 0.3% during the first quarter. Capital Research Global Investors now owns 7,192,076 shares of the company’s stock worth $551,992,000 after buying an additional 23,549 shares during the last quarter. Boston Partners grew its stake in shares of Wyndham Hotels & Resorts by 15.4% during the first quarter. Boston Partners now owns 3,227,106 shares of the company’s stock worth $247,646,000 after purchasing an additional 430,053 shares during the period. Burgundy Asset Management Ltd. raised its position in shares of Wyndham Hotels & Resorts by 70.9% in the 2nd quarter. Burgundy Asset Management Ltd. now owns 2,210,658 shares of the company’s stock valued at $163,589,000 after acquiring an additional 916,742 shares during the period. Finally, Thrivent Financial for Lutherans grew its holdings in shares of 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 valued at $91,812,000 after buying an additional 980,848 shares during the period. 93.46% of the stock is owned by institutional investors.

Insider Activity at Wyndham Hotels & Resorts

In related news, insider Monica Melancon sold 5,040 shares of the business’s stock in a transaction that occurred on 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 sale, the insider now directly owns 10,606 shares in the company, valued at approximately $823,661.96. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In related news, Director Stephen P. Holmes sold 80,000 shares of the business’s stock in a transaction on 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 sale, the director now owns 366,371 shares in the company, valued at approximately $33,343,424.71. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Monica Melancon sold 5,040 shares of the business’s stock in a transaction on Friday, September 6th. The stock was sold at an average price of $77.66, for a total transaction of $391,406.40. Following the completion of the sale, the insider now owns 10,606 shares in the company, valued at $823,661.96. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 100,343 shares of company stock worth $9,045,321. 2.79% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of brokerages have recently commented on WH. StockNews.com raised shares of Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a research report on Tuesday. The Goldman Sachs Group initiated coverage on Wyndham Hotels & Resorts in a report on Wednesday, September 18th. They set a “buy” rating and a $96.00 target price on the stock. Robert W. Baird upped their price objective on Wyndham Hotels & Resorts from $92.00 to $97.00 and gave the company an “outperform” rating in a report on Friday. Stifel Nicolaus increased their target price on Wyndham Hotels & Resorts from $91.00 to $92.00 and gave the stock a “buy” rating in a report on Thursday. Finally, Truist Financial raised their target price on Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the company a “buy” rating in a report on Friday. Two equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $94.00.

Wyndham Hotels & Resorts Trading Up 0.7 %

WH opened at $90.63 on Friday. The company has a debt-to-equity ratio of 3.83, a current ratio of 0.90 and a quick ratio of 0.90. Wyndham Hotels & Resorts, Inc. has a one year low of $67.67 and a one year high of $91.93. The firm has a market capitalization of $7.30 billion, a price-to-earnings ratio of 32.14, a PEG ratio of 3.00 and a beta of 1.33. The business has a 50 day simple moving average of $79.29 and a two-hundred day simple moving average of $74.98.

Wyndham Hotels & Resorts (NYSE:WH) last issued its quarterly earnings results on Wednesday, October 23rd. The company reported $1.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.38 by $0.01. Wyndham Hotels & Resorts had a net margin of 18.28% and a return on equity of 47.05%. The company had revenue of $396.00 million during the quarter, compared to analysts’ expectations of $408.32 million. During the same period last year, the company posted $1.31 EPS. Wyndham Hotels & Resorts’s revenue was down 1.5% on a year-over-year basis. Analysts predict that Wyndham Hotels & Resorts, Inc. will post 4.26 EPS for the current year.

Wyndham Hotels & Resorts Dividend Announcement

The firm also recently announced 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. The ex-dividend date was Friday, September 13th. This represents a $1.52 annualized dividend and a yield of 1.68%. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is 53.90%.

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.