Crossmark Global Holdings Inc. Sells 299 Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Crossmark Global Holdings Inc. decreased its holdings in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WHGet Rating) by 3.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,341 shares of the company’s stock after selling 299 shares during the period. Crossmark Global Holdings Inc.’s holdings in Wyndham Hotels & Resorts were worth $511,000 at the end of the most recent reporting period.

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

Analyst Upgrades and Downgrades

Several research analysts have issued reports on WH shares. Redburn Partners started coverage on Wyndham Hotels & Resorts in a report on Wednesday, November 30th. They issued a “neutral” rating on the stock. StockNews.com initiated coverage on Wyndham Hotels & Resorts in a report on Wednesday, October 12th. They issued a “hold” rating on the stock. TheStreet upgraded Wyndham Hotels & Resorts from a “c+” rating to a “b-” rating in a report on Wednesday, November 16th. Barclays dropped their target price on Wyndham Hotels & Resorts from $88.00 to $85.00 and set an “overweight” rating on the stock in a report on Friday. Finally, Morgan Stanley initiated coverage on Wyndham Hotels & Resorts in a report on Monday, December 5th. They issued an “overweight” rating and a $87.00 target price on the stock. Two investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $86.38.

Insider Activity at Wyndham Hotels & Resorts

In other Wyndham Hotels & Resorts news, CMO Lisa Checchio sold 4,000 shares of the firm’s stock in a transaction on Monday, November 14th. The stock was 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 directly owns 13,120 shares of the company’s stock, valued at $955,136. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other Wyndham Hotels & Resorts news, CFO Michele Allen sold 14,940 shares of the firm’s stock in a transaction on Tuesday, December 6th. The stock was sold at an average price of $71.34, for a total value of $1,065,819.60. Following the completion of the sale, the chief financial officer now directly owns 65,452 shares of the company’s stock, valued at $4,669,345.68. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CMO Lisa Checchio sold 4,000 shares of the firm’s stock in a transaction on Monday, November 14th. The stock was 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 directly owns 13,120 shares of the company’s stock, valued at $955,136. The disclosure for this sale can be found here. Over the last three months, insiders sold 28,652 shares of company stock valued at $2,078,910. 1.91% of the stock is owned by insiders.

Wyndham Hotels & Resorts Stock Performance

Shares of WH opened at $75.33 on Monday. The company has a current ratio of 1.60, a quick ratio of 1.60 and a debt-to-equity ratio of 1.95. The company has a market capitalization of $6.65 billion, a price-to-earnings ratio of 19.88, a PEG ratio of 2.35 and a beta of 1.42. The stock has a 50 day moving average of $71.81 and a 200 day moving average of $69.22. Wyndham Hotels & Resorts, Inc. has a 12 month low of $58.81 and a 12 month high of $93.86.

Wyndham Hotels & Resorts (NYSE:WHGet Rating) last issued its quarterly earnings results on Tuesday, October 25th. The company reported $1.21 EPS 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 the consensus estimate of $379.15 million. Wyndham Hotels & Resorts had a return on equity of 32.64% and a net margin of 22.30%. As a group, sell-side analysts forecast that Wyndham Hotels & Resorts, Inc. will post 3.87 earnings per share for the current year.

Wyndham Hotels & Resorts Dividend Announcement

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

About Wyndham Hotels & Resorts

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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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