Advisors Asset Management Inc. Has $229,000 Stock Holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Advisors Asset Management Inc. increased its holdings in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WHGet Rating) by 38.6% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,480 shares of the company’s stock after buying an additional 970 shares during the period. Advisors Asset Management Inc.’s holdings in Wyndham Hotels & Resorts were worth $229,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Mackenzie Financial Corp lifted its position in shares of Wyndham Hotels & Resorts by 76.1% in the 1st quarter. Mackenzie Financial Corp now owns 582,938 shares of the company’s stock worth $49,369,000 after purchasing an additional 251,999 shares during the period. Allianz Asset Management GmbH lifted its position in shares of Wyndham Hotels & Resorts by 823.8% in the 1st quarter. Allianz Asset Management GmbH now owns 234,099 shares of the company’s stock worth $19,825,000 after purchasing an additional 208,757 shares during the period. Invesco Ltd. lifted its position in shares of Wyndham Hotels & Resorts by 12.8% in the 1st quarter. Invesco Ltd. now owns 1,834,481 shares of the company’s stock worth $155,362,000 after purchasing an additional 208,620 shares during the period. AGF Investments Inc. lifted its position in shares of Wyndham Hotels & Resorts by 14.5% in the 1st quarter. AGF Investments Inc. now owns 1,505,104 shares of the company’s stock worth $127,467,000 after purchasing an additional 191,009 shares during the period. Finally, Arrowstreet Capital Limited Partnership lifted its position in shares of Wyndham Hotels & Resorts by 15.5% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,362,225 shares of the company’s stock worth $115,367,000 after purchasing an additional 182,343 shares during the period. 90.26% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Wyndham Hotels & Resorts

In other Wyndham Hotels & Resorts news, CMO Lisa Checchio sold 4,000 shares of the business’s stock in a transaction on Monday, November 14th. The shares were sold at an average price of $72.80, for a total transaction of $291,200.00. Following the completion of the sale, the chief marketing officer now owns 13,120 shares in the company, valued at approximately $955,136. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, CMO Lisa Checchio sold 4,000 shares of the company’s stock in a transaction on Monday, November 14th. The shares were sold at an average price of $72.80, for a total value of $291,200.00. Following the completion of the sale, the chief marketing officer now owns 13,120 shares in the company, valued at approximately $955,136. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Scott R. Strickland sold 1,575 shares of the company’s stock in a transaction on Friday, October 28th. The stock was sold at an average price of $74.07, for a total transaction of $116,660.25. Following the completion of the sale, the insider now owns 12,127 shares of the company’s stock, valued at approximately $898,246.89. The disclosure for this sale can be found here. 1.91% of the stock is currently owned by company insiders.

Wyndham Hotels & Resorts Stock Performance

Shares of WH stock opened at $73.28 on Monday. The firm has a market capitalization of $6.47 billion, a PE ratio of 19.34, a price-to-earnings-growth ratio of 2.43 and a beta of 1.47. The firm has a fifty day simple moving average of $68.13 and a two-hundred day simple moving average of $69.88. The company has a current ratio of 1.60, a quick ratio of 1.60 and a debt-to-equity ratio of 1.95. Wyndham Hotels & Resorts, Inc. has a 12 month low of $58.81 and a 12 month high of $93.86.

Wyndham Hotels & Resorts Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 28th. Shareholders of record on Wednesday, December 14th will be paid a dividend of $0.32 per share. The ex-dividend date of this dividend is Tuesday, December 13th. This represents a $1.28 dividend on an annualized basis and a yield of 1.75%. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is presently 33.77%.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on WH shares. Barclays boosted their price target on shares of Wyndham Hotels & Resorts to $80.00 in a research report on Thursday, October 27th. Robert W. Baird lowered their price objective on shares of Wyndham Hotels & Resorts from $96.00 to $88.00 in a research note on Friday, July 29th. StockNews.com assumed coverage on shares of Wyndham Hotels & Resorts in a research note on Wednesday, October 12th. They issued a “hold” rating for the company. Finally, TheStreet upgraded shares of Wyndham Hotels & Resorts from a “c+” rating to a “b-” rating in a research note on Wednesday, November 16th. Two equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $84.50.

Wyndham Hotels & Resorts Profile

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Wyndham Hotels & Resorts, Inc operates as a hotel franchisor worldwide. 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. The Hotel Management segment provides hotel management services for full-service and limited-service hotels.

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Institutional Ownership by Quarter for Wyndham Hotels & Resorts (NYSE:WH)

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