Wyndham Hotels & Resorts, Inc. (NYSE:WH) Shares Sold by Geode Capital Management LLC

Geode Capital Management LLC decreased its holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 0.6% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,347,959 shares of the company's stock after selling 8,333 shares during the period. Geode Capital Management LLC owned approximately 1.73% of Wyndham Hotels & Resorts worth $105,357,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Thrivent Financial for Lutherans raised its holdings in shares of Wyndham Hotels & Resorts by 377.5% during the second quarter. Thrivent Financial for Lutherans now owns 1,240,702 shares of the company's stock valued at $91,812,000 after acquiring an additional 980,848 shares in the last quarter. Burgundy Asset Management Ltd. lifted its position in Wyndham Hotels & Resorts by 70.9% during the second quarter. Burgundy Asset Management Ltd. now owns 2,210,658 shares of the company's stock valued at $163,589,000 after buying an additional 916,742 shares during the period. TimesSquare Capital Management LLC increased its stake in shares of Wyndham Hotels & Resorts by 284,590.0% in the 3rd quarter. TimesSquare Capital Management LLC now owns 284,690 shares of the company's stock worth $22,246,000 after acquiring an additional 284,590 shares in the last quarter. Copeland Capital Management LLC increased its stake in shares of Wyndham Hotels & Resorts by 133.1% in the 3rd quarter. Copeland Capital Management LLC now owns 409,324 shares of the company's stock worth $31,985,000 after acquiring an additional 233,754 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in shares of Wyndham Hotels & Resorts by 18.9% during the second quarter. Dimensional Fund Advisors LP now owns 1,237,944 shares of the company's stock valued at $91,609,000 after purchasing an additional 196,982 shares in the last quarter. Institutional investors own 93.46% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have commented on WH. Wells Fargo & Company initiated coverage on Wyndham Hotels & Resorts in a report on Thursday, December 5th. They issued an "equal weight" rating and a $103.00 target price for the company. JPMorgan Chase & Co. lifted their price target on shares of Wyndham Hotels & Resorts from $99.00 to $113.00 and gave the stock an "overweight" rating in a research note on Friday, December 13th. Oppenheimer increased their price objective on shares of Wyndham Hotels & Resorts from $90.00 to $115.00 and gave the company an "outperform" rating in a research report on Tuesday, November 12th. Truist Financial boosted 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. Finally, StockNews.com upgraded Wyndham Hotels & Resorts from a "sell" rating to a "hold" rating in a research note on Friday, November 1st. Three research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $105.56.

Insider Buying and Selling at Wyndham Hotels & Resorts

In related news, 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 sale, the insider now directly owns 26,062 shares of the company's stock, valued at approximately $2,297,104.68. This trade represents a 9.86 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Michele Allen sold 15,000 shares of Wyndham Hotels & Resorts stock in a transaction on Friday, October 25th. The stock was sold at an average price of $89.99, for a total value of $1,349,850.00. Following the sale, the chief financial officer now owns 10,056 shares of the company's stock, valued at approximately $904,939.44. This trade represents a 59.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 97,850 shares of company stock worth $8,881,849 over the last 90 days. 2.79% of the stock is owned by insiders.

Wyndham Hotels & Resorts Price Performance

WH traded up $1.27 on Thursday, hitting $99.71. 844,353 shares of the company's stock traded hands, compared to its average volume of 751,903. Wyndham Hotels & Resorts, Inc. has a one year low of $67.67 and a one year high of $105.16. 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 firm has a market cap of $7.76 billion, a price-to-earnings ratio of 31.65, a P/E/G ratio of 2.42 and a beta of 1.32. The company's 50 day simple moving average is $93.65 and its 200-day simple moving average is $81.72.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last released its quarterly earnings data on Wednesday, October 23rd. The company reported $1.39 EPS for the quarter, beating the consensus estimate of $1.38 by $0.01. The business had revenue of $396.00 million during the quarter, compared to the consensus estimate of $408.32 million. Wyndham Hotels & Resorts had a net margin of 18.29% and a return on equity of 51.79%. The business's revenue was down 1.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.31 EPS. As a group, research analysts anticipate that Wyndham Hotels & Resorts, Inc. will post 4.29 EPS for the current year.

Wyndham Hotels & Resorts Announces Dividend

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