Wyndham Hotels & Resorts, Inc. (NYSE:WH) is RBO & Co. LLC’s 9th Largest Position

RBO & Co. LLC grew its stake in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 0.8% during the third quarter, Holdings Channel reports. The institutional investor owned 272,856 shares of the company’s stock after purchasing an additional 2,136 shares during the quarter. Wyndham Hotels & Resorts comprises 3.4% of RBO & Co. LLC’s portfolio, making the stock its 9th biggest holding. RBO & Co. LLC’s holdings in Wyndham Hotels & Resorts were worth $21,321,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Crossmark Global Holdings Inc. raised its holdings in Wyndham Hotels & Resorts by 2.7% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 5,674 shares of the company’s stock valued at $443,000 after buying an additional 147 shares during the last quarter. PFG Investments LLC raised its stake in shares of Wyndham Hotels & Resorts by 4.4% during the second quarter. PFG Investments LLC now owns 3,667 shares of the company’s stock valued at $271,000 after acquiring an additional 155 shares during the last quarter. Equitable Trust Co. boosted its holdings in shares of Wyndham Hotels & Resorts by 1.9% during the third quarter. Equitable Trust Co. now owns 9,160 shares of the company’s stock worth $716,000 after purchasing an additional 174 shares during the period. State of Alaska Department of Revenue grew its stake in shares of Wyndham Hotels & Resorts by 1.9% in the third quarter. State of Alaska Department of Revenue now owns 9,176 shares of the company’s stock worth $717,000 after purchasing an additional 175 shares during the last quarter. Finally, First Horizon Advisors Inc. increased its holdings in Wyndham Hotels & Resorts by 76.9% during the 3rd quarter. First Horizon Advisors Inc. now owns 467 shares of the company’s stock valued at $36,000 after purchasing an additional 203 shares during the period. Hedge funds and other institutional investors own 93.46% of the company’s stock.

Wyndham Hotels & Resorts Stock Up 0.3 %

Shares of Wyndham Hotels & Resorts stock opened at $98.03 on Wednesday. Wyndham Hotels & Resorts, Inc. has a 1 year low of $67.67 and a 1 year high of $98.80. The firm has a market cap of $7.63 billion, a price-to-earnings ratio of 31.12, a PEG ratio of 2.48 and a beta of 1.31. The company has a 50-day moving average of $86.25 and a 200 day moving average of $78.16. The company has a debt-to-equity ratio of 4.19, a current ratio of 0.97 and a quick ratio of 0.97.

Wyndham Hotels & Resorts (NYSE:WH) last released its earnings results on Wednesday, October 23rd. The company reported $1.39 earnings per share (EPS) for the quarter, beating the consensus estimate 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 firm had revenue of $396.00 million during the quarter, compared to analyst estimates of $408.32 million. During the same period last year, the business earned $1.31 earnings per share. The business’s revenue 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 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Stockholders of record on Friday, December 13th will be paid a $0.38 dividend. The ex-dividend date is Friday, December 13th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.55%. Wyndham Hotels & Resorts’s dividend payout ratio is currently 48.25%.

Insider Activity

In other news, insider Monica Melancon sold 5,040 shares of the stock in a transaction that occurred on Friday, September 6th. The shares were sold at an average price of $77.66, for a total transaction of $391,406.40. Following the sale, the insider now owns 10,606 shares in the company, valued at $823,661.96. This represents a 32.21 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Scott R. Strickland sold 2,850 shares of the business’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 owns 26,062 shares of the company’s stock, valued at approximately $2,297,104.68. The trade was a 9.86 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 102,890 shares of company stock worth $9,273,255 over the last three months. 2.79% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts have weighed in on WH shares. Oppenheimer increased their price objective on Wyndham Hotels & Resorts from $90.00 to $115.00 and gave the stock an “outperform” rating in a report on Tuesday, November 12th. Stifel Nicolaus lifted their price target on shares of Wyndham Hotels & Resorts from $92.00 to $107.00 and gave the company a “buy” rating in a report on Tuesday. Robert W. Baird boosted their price objective 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. Truist Financial raised their target price on shares of Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. Finally, StockNews.com upgraded shares of Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a research report on Friday, November 1st. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $100.00.

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.