19,142 Shares in Wyndham Hotels & Resorts, Inc. (NYSE:WH) Bought by Hsbc Holdings PLC

Hsbc Holdings PLC bought a new position in Wyndham Hotels & Resorts, Inc. (NYSE:WH) in the second quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 19,142 shares of the company’s stock, valued at approximately $1,425,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. GAMMA Investing LLC raised its stake in shares of Wyndham Hotels & Resorts by 80.9% during the 2nd quarter. GAMMA Investing LLC now owns 463 shares of the company’s stock valued at $34,000 after buying an additional 207 shares during the last quarter. Blue Trust Inc. raised its stake in shares of Wyndham Hotels & Resorts by 1,245.1% during the 2nd quarter. Blue Trust Inc. now owns 686 shares of the company’s stock valued at $53,000 after buying an additional 635 shares during the last quarter. TFO Wealth Partners LLC raised its stake in shares of Wyndham Hotels & Resorts by 41,100.0% during the 4th quarter. TFO Wealth Partners LLC now owns 824 shares of the company’s stock valued at $66,000 after buying an additional 822 shares during the last quarter. Family Firm Inc. purchased a new position in shares of Wyndham Hotels & Resorts during the 2nd quarter valued at about $67,000. Finally, International Assets Investment Management LLC purchased a new position in shares of Wyndham Hotels & Resorts during the 2nd quarter valued at about $70,000. Hedge funds and other institutional investors own 93.46% of the company’s stock.

Insider Transactions at Wyndham Hotels & Resorts

In other news, CAO Nicola Rossi sold 7,297 shares of the business’s stock in a transaction that occurred on Friday, July 26th. The stock was sold at an average price of $76.70, for a total transaction of $559,679.90. Following the transaction, the chief accounting officer now directly owns 4,107 shares in the company, valued at approximately $315,006.90. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. In other news, insider Monica Melancon sold 5,040 shares of the business’s stock in a transaction that occurred 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 transaction, the insider now directly owns 10,606 shares in the company, valued at approximately $823,661.96. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CAO Nicola Rossi sold 7,297 shares of the business’s stock in a transaction that occurred on Friday, July 26th. The stock was sold at an average price of $76.70, for a total value of $559,679.90. Following the transaction, the chief accounting officer now owns 4,107 shares in the company, valued at $315,006.90. The disclosure for this sale can be found here. Insiders have sold a total of 12,640 shares of company stock worth $974,351 in the last ninety days. Insiders own 2.79% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on the company. Truist Financial reduced their price objective on Wyndham Hotels & Resorts from $105.00 to $104.00 and set a “buy” rating for the company in a research note on Friday, July 26th. StockNews.com upgraded Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a research note on Thursday, September 19th. Barclays lifted their price target on Wyndham Hotels & Resorts from $88.00 to $90.00 and gave the company an “overweight” rating in a research note on Friday, July 26th. The Goldman Sachs Group assumed coverage on Wyndham Hotels & Resorts in a research note on Wednesday, September 18th. They issued a “buy” rating and a $96.00 price target for the company. Finally, Stifel Nicolaus cut their price target on Wyndham Hotels & Resorts from $91.50 to $89.00 and set a “buy” rating for the company in a research note on Thursday, July 25th. Two research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $90.25.

Wyndham Hotels & Resorts Trading Down 0.0 %

WH stock opened at $80.77 on Friday. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 3.83. Wyndham Hotels & Resorts, Inc. has a 12-month low of $65.63 and a 12-month high of $81.73. The stock has a market cap of $6.51 billion, a price-to-earnings ratio of 28.64, a PEG ratio of 2.78 and a beta of 1.33. The business’s 50-day moving average is $76.62 and its 200 day moving average is $74.27.

Wyndham Hotels & Resorts (NYSE:WH) last posted its quarterly earnings data on Wednesday, July 24th. The company reported $1.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.03 by $0.10. Wyndham Hotels & Resorts had a return on equity of 47.05% and a net margin of 18.28%. The company had revenue of $367.00 million for the quarter, compared to analysts’ expectations of $370.58 million. During the same period in the previous year, the firm posted $0.93 EPS. Wyndham Hotels & Resorts’s revenue was up 1.4% compared to the same quarter last year. On average, sell-side analysts anticipate that Wyndham Hotels & Resorts, Inc. will post 4.27 EPS for the current fiscal year.

Wyndham Hotels & Resorts Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Friday, September 13th were issued a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a dividend yield of 1.88%. The ex-dividend date was Friday, September 13th. Wyndham Hotels & Resorts’s dividend payout ratio is currently 53.90%.

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.