Wyndham Hotels & Resorts, Inc. (NYSE:WH) Shares Sold by Amalgamated Bank

Amalgamated Bank trimmed its stake in Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 17.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 37,661 shares of the company's stock after selling 8,011 shares during the period. Amalgamated Bank's holdings in Wyndham Hotels & Resorts were worth $2,943,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in WH. GAMMA Investing LLC increased its position 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 buying an additional 207 shares in the last quarter. Concord Wealth Partners increased its position in Wyndham Hotels & Resorts by 115.5% during the 3rd quarter. Concord Wealth Partners now owns 543 shares of the company's stock valued at $42,000 after buying an additional 291 shares in the last quarter. Blue Trust Inc. increased its position in 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 in the last quarter. Family Firm Inc. acquired a new position in Wyndham Hotels & Resorts during the 2nd quarter valued at about $67,000. Finally, International Assets Investment Management LLC acquired a new position in Wyndham Hotels & Resorts during the 2nd quarter valued at about $70,000. 93.46% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, insider Scott R. Strickland sold 2,850 shares of the company's stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $88.14, for a total value 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. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other Wyndham Hotels & Resorts news, insider Scott R. Strickland sold 2,850 shares of the 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 $2,297,104.68. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, 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 value of $391,406.40. Following the transaction, the insider now directly owns 10,606 shares of the company's stock, valued at $823,661.96. The trade was a 0.00 % 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 valued at $9,273,255. 2.79% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on WH shares. The Goldman Sachs Group started coverage on Wyndham Hotels & Resorts in a research report on Wednesday, September 18th. They set a "buy" rating and a $96.00 target price on the stock. Truist Financial upped their target price on Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the company a "buy" rating in a research report on Friday, October 25th. Stifel Nicolaus boosted their price target on Wyndham Hotels & Resorts from $91.00 to $92.00 and gave the company a "buy" rating in a research note on Thursday, October 24th. Robert W. Baird boosted their price target on Wyndham Hotels & Resorts from $92.00 to $97.00 and gave the company an "outperform" rating in a research note on Friday, October 25th. Finally, Barclays boosted their price target on Wyndham Hotels & Resorts from $90.00 to $100.00 and gave the company an "overweight" rating in a research note on Friday, October 25th. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $95.00.

Wyndham Hotels & Resorts Stock Performance

Shares of WH traded up $1.22 during mid-day trading on Monday, reaching $97.14. The company had a trading volume of 874,059 shares, compared to its average volume of 755,432. Wyndham Hotels & Resorts, Inc. has a 52-week low of $67.67 and a 52-week high of $97.64. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 4.19. The stock has a market capitalization of $7.56 billion, a P/E ratio of 30.84, a PEG ratio of 2.39 and a beta of 1.31. The stock has a 50 day moving average of $82.45 and a two-hundred day moving average of $76.54.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last issued 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 return on equity of 51.79% and a net margin of 18.29%. The firm had revenue of $396.00 million for the quarter, compared to the consensus estimate of $408.32 million. During the same quarter in the prior year, the business earned $1.31 earnings per share. The company's revenue was down 1.5% compared to the same quarter last year. On average, analysts expect that Wyndham Hotels & Resorts, Inc. will post 4.3 earnings per share for the current year.

Wyndham Hotels & Resorts Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Friday, September 13th were issued a $0.38 dividend. The ex-dividend date of this dividend was Friday, September 13th. This represents a $1.52 dividend on an annualized basis and a yield of 1.56%. Wyndham Hotels & Resorts's payout ratio is 48.25%.

About Wyndham Hotels & Resorts

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.