Hsbc Holdings PLC Invests $1.43 Million in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Hsbc Holdings PLC bought a new position in Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 19,142 shares of the company's stock, valued at approximately $1,425,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. GAMMA Investing LLC lifted its holdings in shares of Wyndham Hotels & Resorts by 80.9% during the second quarter. GAMMA Investing LLC now owns 463 shares of the company's stock worth $34,000 after buying an additional 207 shares during the last quarter. Blue Trust Inc. raised its stake 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 purchasing an additional 635 shares during the last quarter. TFO Wealth Partners LLC boosted its holdings in Wyndham Hotels & Resorts by 41,100.0% in the 4th quarter. TFO Wealth Partners LLC now owns 824 shares of the company's stock valued at $66,000 after purchasing an additional 822 shares during the period. Family Firm Inc. acquired a new stake in Wyndham Hotels & Resorts in the 2nd quarter worth $67,000. Finally, International Assets Investment Management LLC bought a new position in shares of Wyndham Hotels & Resorts during the 2nd quarter worth about $70,000. Institutional investors and hedge funds own 93.46% of the company's stock.

Wyndham Hotels & Resorts Stock Performance

Shares of NYSE WH remained flat at $80.79 during midday trading on Friday. The company's stock had a trading volume of 903,310 shares, compared to its average volume of 738,339. Wyndham Hotels & Resorts, Inc. has a 12 month low of $65.63 and a 12 month high of $81.73. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 3.83. The business's 50 day moving average price is $76.62 and its 200-day moving average price is $74.23. The firm has a market capitalization of $6.51 billion, a price-to-earnings ratio of 28.65, a PEG ratio of 2.78 and a beta of 1.33.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last released its quarterly earnings results on Wednesday, July 24th. The company reported $1.13 EPS for the quarter, beating analysts' consensus estimates of $1.03 by $0.10. The firm had revenue of $367.00 million for the quarter, compared to analyst estimates of $370.58 million. Wyndham Hotels & Resorts had a net margin of 18.28% and a return on equity of 47.05%. The company's revenue for the quarter was up 1.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.93 earnings per share. On average, equities research analysts expect that Wyndham Hotels & Resorts, Inc. will post 4.27 EPS for the current year.

Wyndham Hotels & Resorts Dividend Announcement

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 dividend of $0.38 per share. 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 1.88%. Wyndham Hotels & Resorts's dividend payout ratio is 53.90%.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. The Goldman Sachs Group assumed coverage on shares of Wyndham Hotels & Resorts in a research note on Wednesday, September 18th. They issued a "buy" rating and a $96.00 target price for the company. Barclays lifted their price objective on Wyndham Hotels & Resorts from $88.00 to $90.00 and gave the stock an "overweight" rating in a report on Friday, July 26th. Truist Financial cut their target price on Wyndham Hotels & Resorts from $105.00 to $104.00 and set a "buy" rating for the company in a research note on Friday, July 26th. StockNews.com upgraded shares of Wyndham Hotels & Resorts from a "sell" rating to a "hold" rating in a research note on Thursday, September 19th. Finally, Susquehanna initiated coverage on shares of Wyndham Hotels & Resorts in a research note on Friday, June 21st. They issued a "neutral" rating and a $80.00 price objective for the company. Two analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $90.25.

Insider Buying and Selling at Wyndham Hotels & Resorts

In related news, CAO Nicola Rossi sold 7,297 shares of the company's stock in a transaction dated Friday, July 26th. The shares were sold at an average price of $76.70, for a total transaction of $559,679.90. Following the transaction, the chief accounting officer now owns 4,107 shares in the company, valued at approximately $315,006.90. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In related news, CAO Nicola Rossi sold 7,297 shares of the firm's stock in a transaction that occurred on Friday, July 26th. The shares were sold at an average price of $76.70, for a total value of $559,679.90. Following the completion of the sale, the chief accounting officer now owns 4,107 shares of the company's stock, valued at $315,006.90. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Monica Melancon sold 5,040 shares of the company's stock in a transaction on Friday, September 6th. The stock was 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 in the company, valued at approximately $823,661.96. The disclosure for this sale can be found here. In the last quarter, insiders sold 12,640 shares of company stock worth $974,351. 2.79% of the stock is currently owned by insiders.

Wyndham Hotels & Resorts Company 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.