Compass Wealth Management LLC bought a new stake in Wyndham Hotels & Resorts (NYSE:WH – Free Report) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 227,000 shares of the company’s stock, valued at approximately $18,137,000. Wyndham Hotels & Resorts makes up 2.8% of Compass Wealth Management LLC’s investment portfolio, making the stock its 12th biggest position. Compass Wealth Management LLC owned approximately 0.30% of Wyndham Hotels & Resorts as of its most recent filing with the SEC.
Other large investors have also modified their holdings of the company. Capricorn Fund Managers Ltd acquired a new stake in shares of Wyndham Hotels & Resorts during the 2nd quarter valued at approximately $1,130,000. Farther Finance Advisors LLC increased its stake in Wyndham Hotels & Resorts by 108.6% during the second quarter. Farther Finance Advisors LLC now owns 3,813 shares of the company’s stock valued at $310,000 after purchasing an additional 1,985 shares during the last quarter. Modera Wealth Management LLC acquired a new stake in shares of Wyndham Hotels & Resorts during the second quarter worth $347,000. Vanguard Personalized Indexing Management LLC lifted its position in shares of Wyndham Hotels & Resorts by 6.9% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 7,877 shares of the company’s stock worth $645,000 after buying an additional 510 shares during the last quarter. Finally, Factory Mutual Insurance Co. lifted its position in shares of Wyndham Hotels & Resorts by 24.6% in the 2nd quarter. Factory Mutual Insurance Co. now owns 154,700 shares of the company’s stock worth $12,563,000 after buying an additional 30,500 shares during the last quarter. Institutional investors own 93.46% of the company’s stock.
Insider Activity at Wyndham Hotels & Resorts
In other Wyndham Hotels & Resorts news, insider Scott R. Strickland sold 28,134 shares of the firm’s stock in a transaction dated Tuesday, December 9th. The shares were sold at an average price of $71.11, for a total transaction of $2,000,608.74. Following the transaction, the insider owned 40,363 shares of the company’s stock, valued at approximately $2,870,212.93. This trade represents a 41.07% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, General Counsel Paul F. Cash sold 36,379 shares of the company’s stock in a transaction that occurred on Friday, November 14th. The stock was sold at an average price of $71.66, for a total transaction of $2,606,919.14. Following the completion of the sale, the general counsel directly owned 39,123 shares of the company’s stock, valued at approximately $2,803,554.18. This represents a 48.18% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 120,606 shares of company stock worth $9,047,218 in the last 90 days. Corporate insiders own 2.46% of the company’s stock.
Wall Street Analyst Weigh In
Read Our Latest Analysis on Wyndham Hotels & Resorts
Wyndham Hotels & Resorts Stock Down 1.2%
WH opened at $76.45 on Tuesday. The stock’s 50 day moving average price is $76.15 and its 200 day moving average price is $80.23. The company has a debt-to-equity ratio of 4.43, a current ratio of 1.16 and a quick ratio of 1.16. The stock has a market cap of $5.78 billion, a P/E ratio of 17.57, a P/E/G ratio of 2.03 and a beta of 0.76. Wyndham Hotels & Resorts has a 12 month low of $69.21 and a 12 month high of $113.07.
Wyndham Hotels & Resorts Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, December 30th. Investors of record on Monday, December 15th were given a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date was Monday, December 15th. Wyndham Hotels & Resorts’s dividend payout ratio is currently 37.70%.
Wyndham Hotels & Resorts Company Profile
Wyndham Hotels & Resorts, Inc (NYSE: WH) is a leading global hospitality company specializing in hotel franchising and management. Established in 2018 through the spin-off of Wyndham Hotel Group from Wyndham Worldwide, the company focuses on the development, marketing and distribution of hotel brands designed to meet the needs of business and leisure travelers. Its core business model centers on franchising agreements, enabling third-party hotel owners to operate under the Wyndham portfolio while accessing the company’s centralized services and support.
The company’s brand portfolio spans economy, midscale and upper-midscale segments, featuring well-known names such as Wyndham, Ramada, Days Inn, Super 8, Microtel Inn & Suites, and La Quinta by Wyndham.
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