Wyndham Hotels & Resorts, Inc. (NYSE:WH) Stock Position Raised by Brown Brothers Harriman & Co.

Brown Brothers Harriman & Co. boosted its holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 31.5% during the third quarter, HoldingsChannel.com reports. The fund owned 476,556 shares of the company’s stock after acquiring an additional 114,084 shares during the period. Brown Brothers Harriman & Co.’s holdings in Wyndham Hotels & Resorts were worth $37,238,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Assetmark Inc. acquired a new position in shares of Wyndham Hotels & Resorts during the third quarter valued at $30,000. GAMMA Investing LLC boosted its stake in 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 purchasing an additional 207 shares during the period. First Horizon Advisors Inc. grew its position in Wyndham Hotels & Resorts by 76.9% in the 3rd quarter. First Horizon Advisors Inc. now owns 467 shares of the company’s stock worth $36,000 after purchasing an additional 203 shares during the last quarter. Concord Wealth Partners increased its stake in shares of Wyndham Hotels & Resorts by 115.5% in the third quarter. Concord Wealth Partners now owns 543 shares of the company’s stock valued at $42,000 after purchasing an additional 291 shares during the period. Finally, Blue Trust Inc. increased its stake in shares of Wyndham Hotels & Resorts by 1,245.1% in the second quarter. Blue Trust Inc. now owns 686 shares of the company’s stock valued at $53,000 after purchasing an additional 635 shares during the period. 93.46% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

WH has been the subject of a number of recent analyst reports. StockNews.com raised Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a report on Friday, November 1st. Stifel Nicolaus increased their price target on Wyndham Hotels & Resorts from $91.00 to $92.00 and gave the stock a “buy” rating in a research note on Thursday, October 24th. The Goldman Sachs Group assumed coverage on shares of Wyndham Hotels & Resorts in a research note on Wednesday, September 18th. They set a “buy” rating and a $96.00 price objective on the stock. Robert W. Baird increased their target price on shares of Wyndham Hotels & Resorts from $92.00 to $97.00 and gave the company an “outperform” rating in a research report on Friday, October 25th. Finally, Truist Financial raised their target price on shares of Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the company a “buy” rating in a research note on Friday, October 25th. Two equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Wyndham Hotels & Resorts has a consensus rating of “Moderate Buy” and a consensus price target of $97.86.

Insider Activity

In other news, Director Stephen P. Holmes sold 80,000 shares of the business’s stock in a transaction that occurred on Friday, October 25th. The shares were sold at an average price of $91.01, for a total transaction of $7,280,800.00. Following the sale, the director now owns 366,371 shares in the company, valued at $33,343,424.71. The trade was a 17.92 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Scott R. Strickland sold 2,850 shares of the firm’s stock in a transaction that occurred on Tuesday, November 5th. The stock was sold at an average price of $88.14, for a total transaction of $251,199.00. Following the completion of the transaction, the insider now directly owns 26,062 shares of the company’s stock, valued at $2,297,104.68. This represents a 9.86 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 102,890 shares of company stock worth $9,273,255. Insiders own 2.79% of the company’s stock.

Wyndham Hotels & Resorts Price Performance

Shares of Wyndham Hotels & Resorts stock opened at $96.69 on Monday. Wyndham Hotels & Resorts, Inc. has a 52 week low of $67.67 and a 52 week high of $98.73. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 4.19. The stock has a market cap of $7.52 billion, a PE ratio of 30.70, a price-to-earnings-growth ratio of 2.45 and a beta of 1.31. The company’s 50-day moving average price is $85.85 and its two-hundred day moving average price is $77.98.

Wyndham Hotels & Resorts (NYSE:WH) last released its earnings results on Wednesday, October 23rd. The company reported $1.39 EPS for the quarter, topping analysts’ consensus estimates of $1.38 by $0.01. Wyndham Hotels & Resorts had a net margin of 18.29% and a return on equity of 51.79%. The business had revenue of $396.00 million for the quarter, compared to the consensus estimate of $408.32 million. During the same period in the previous year, the firm earned $1.31 EPS. The business’s revenue for the quarter was down 1.5% on a year-over-year basis. As a group, sell-side analysts anticipate that Wyndham Hotels & Resorts, Inc. will post 4.3 EPS for the current fiscal year.

Wyndham Hotels & Resorts Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 27th. Stockholders of record on Friday, December 13th will be given a dividend of $0.38 per share. The ex-dividend date of this dividend is Friday, December 13th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.57%. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is presently 48.25%.

Wyndham Hotels & Resorts 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.