Wyndham Hotels & Resorts, Inc. (NYSE:WH) Shares Sold by Oregon Public Employees Retirement Fund

Oregon Public Employees Retirement Fund decreased its position in Wyndham Hotels & Resorts, Inc. (NYSE:WHGet Rating) by 1.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 26,380 shares of the company’s stock after selling 429 shares during the period. Oregon Public Employees Retirement Fund’s holdings in Wyndham Hotels & Resorts were worth $1,618,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. State Street Corp raised its position in shares of Wyndham Hotels & Resorts by 3.2% in the first quarter. State Street Corp now owns 2,554,592 shares of the company’s stock valued at $216,348,000 after buying an additional 80,119 shares during the last quarter. FMR LLC boosted its stake in shares of Wyndham Hotels & Resorts by 11.0% in the second quarter. FMR LLC now owns 2,464,930 shares of the company’s stock valued at $161,995,000 after purchasing an additional 243,574 shares during the period. Goldman Sachs Group Inc. raised its holdings in Wyndham Hotels & Resorts by 3.6% in the first quarter. Goldman Sachs Group Inc. now owns 2,242,143 shares of the company’s stock valued at $189,887,000 after acquiring an additional 77,125 shares in the last quarter. Invesco Ltd. raised its holdings in Wyndham Hotels & Resorts by 12.8% in the first quarter. Invesco Ltd. now owns 1,834,481 shares of the company’s stock valued at $155,362,000 after acquiring an additional 208,620 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its holdings in Wyndham Hotels & Resorts by 15.5% in the first quarter. Arrowstreet Capital Limited Partnership now owns 1,362,225 shares of the company’s stock valued at $115,367,000 after acquiring an additional 182,343 shares in the last quarter. Hedge funds and other institutional investors own 91.13% of the company’s stock.

Insider Buying and Selling at Wyndham Hotels & Resorts

In related news, insider Scott R. Strickland sold 1,575 shares of Wyndham Hotels & Resorts stock in a transaction dated Friday, October 28th. The stock was sold at an average price of $74.07, for a total value of $116,660.25. Following the completion of the transaction, the insider now owns 12,127 shares in the company, valued at $898,246.89. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In other news, 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 transaction, the insider now directly owns 12,127 shares of the company’s stock, valued at $898,246.89. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, General Counsel Paul F. Cash sold 8,137 shares of the company’s stock in a transaction on Tuesday, November 22nd. The shares were sold at an average price of $74.38, for a total value of $605,230.06. Following the completion of the transaction, the general counsel now directly owns 5,034 shares in the company, valued at $374,428.92. The disclosure for this sale can be found here. Insiders have sold a total of 28,652 shares of company stock valued at $2,078,910 over the last ninety days. 1.91% of the stock is currently owned by company insiders.

Wyndham Hotels & Resorts Price Performance

Shares of NYSE WH opened at $75.33 on Friday. Wyndham Hotels & Resorts, Inc. has a fifty-two week low of $58.81 and a fifty-two week high of $93.86. The stock has a fifty day moving average of $71.81 and a 200-day moving average of $69.19. The company has a debt-to-equity ratio of 1.95, a quick ratio of 1.60 and a current ratio of 1.60. The stock has a market cap of $6.65 billion, a PE ratio of 19.88, a price-to-earnings-growth ratio of 2.35 and a beta of 1.42.

Wyndham Hotels & Resorts (NYSE:WHGet Rating) last released its earnings results on Tuesday, October 25th. The company reported $1.21 earnings per share for the quarter, beating analysts’ consensus estimates of $1.04 by $0.17. The company had revenue of $407.00 million during the quarter, compared to analyst estimates of $379.15 million. Wyndham Hotels & Resorts had a return on equity of 32.64% and a net margin of 22.30%. Equities research analysts anticipate that Wyndham Hotels & Resorts, Inc. will post 3.87 earnings per share for the current year.

Wyndham Hotels & Resorts Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 28th. Investors of record on Wednesday, December 14th were issued a $0.32 dividend. The ex-dividend date of this dividend was Tuesday, December 13th. This represents a $1.28 dividend on an annualized basis and a yield of 1.70%. Wyndham Hotels & Resorts’s dividend payout ratio is currently 33.77%.

Analyst Upgrades and Downgrades

A number of research firms have commented on WH. TheStreet raised shares of Wyndham Hotels & Resorts from a “c+” rating to a “b-” rating in a research note on Wednesday, November 16th. StockNews.com started coverage on Wyndham Hotels & Resorts in a research report on Wednesday, October 12th. They issued a “hold” rating for the company. Morgan Stanley began coverage on Wyndham Hotels & Resorts in a research report on Monday, December 5th. They issued an “overweight” rating and a $87.00 target price for the company. Redburn Partners began coverage on Wyndham Hotels & Resorts in a report on Wednesday, November 30th. They set a “neutral” rating for the company. Finally, Barclays cut their price target on Wyndham Hotels & Resorts from $88.00 to $85.00 and set an “overweight” rating for the company in a report on Friday. Two investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, Wyndham Hotels & Resorts currently has a consensus rating of “Moderate Buy” and an average target price of $86.38.

Wyndham Hotels & Resorts Company 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.

See Also

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

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