Sequoia Financial Advisors LLC Purchases New Holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Sequoia Financial Advisors LLC bought a new stake in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 8,708 shares of the company's stock, valued at approximately $680,000.

A number of other institutional investors have also recently made changes to their positions in WH. GAMMA Investing LLC boosted its stake in 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 period. Blue Trust Inc. boosted its stake in shares of Wyndham Hotels & Resorts by 1,245.1% during the 2nd quarter. Blue Trust Inc. now owns 686 shares of the company's stock worth $53,000 after purchasing an additional 635 shares during the period. Family Firm Inc. bought a new position in Wyndham Hotels & Resorts during the 2nd quarter valued at about $67,000. International Assets Investment Management LLC purchased a new stake in Wyndham Hotels & Resorts in the 2nd quarter worth about $70,000. Finally, Concord Wealth Partners lifted its stake in Wyndham Hotels & Resorts by 70.8% in the first quarter. Concord Wealth Partners now owns 1,023 shares of the company's stock worth $79,000 after purchasing an additional 424 shares during the last quarter. Institutional investors own 93.46% of the company's stock.

Wyndham Hotels & Resorts Stock Up 0.7 %

WH traded up $0.61 on Friday, hitting $90.63. The company had a trading volume of 1,355,767 shares, compared to its average volume of 751,798. The stock has a market capitalization of $7.30 billion, a price-to-earnings ratio of 32.14, a P/E/G ratio of 3.00 and a beta of 1.33. The stock has a fifty day moving average price of $79.29 and a 200-day moving average price of $75.00. Wyndham Hotels & Resorts, Inc. has a 12-month low of $67.67 and a 12-month high of $91.93. The company has a debt-to-equity ratio of 3.83, a quick ratio of 0.90 and a current ratio of 0.90.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last posted its earnings results on Wednesday, October 23rd. The company reported $1.39 EPS for the quarter, beating analysts' consensus estimates of $1.38 by $0.01. The company had revenue of $396.00 million during the quarter, compared to analysts' expectations of $408.32 million. Wyndham Hotels & Resorts had a net margin of 18.28% and a return on equity of 47.05%. Wyndham Hotels & Resorts's revenue for the quarter was down 1.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.31 earnings per share. Analysts predict that Wyndham Hotels & Resorts, Inc. will post 4.26 EPS for the current fiscal year.

Wyndham Hotels & Resorts Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Friday, September 13th were issued a $0.38 dividend. The ex-dividend date was Friday, September 13th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.68%. Wyndham Hotels & Resorts's dividend payout ratio is currently 53.90%.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on WH. 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 report on Thursday. The Goldman Sachs Group initiated coverage on Wyndham Hotels & Resorts in a research report on Wednesday, September 18th. They issued a "buy" rating and a $96.00 price objective on the stock. Barclays lifted their target price on Wyndham Hotels & Resorts from $90.00 to $100.00 and gave the stock an "overweight" rating in a research report on Friday. Truist Financial upped their price target on shares of Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the stock a "buy" rating in a report on Friday. Finally, 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. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $94.00.

Insider Activity

In other news, insider Monica Melancon sold 5,040 shares of the stock in a transaction 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 sale, the insider now owns 10,606 shares in the company, valued at $823,661.96. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other Wyndham Hotels & Resorts news, Director Stephen P. Holmes sold 80,000 shares of the company's stock in a transaction dated Friday, October 25th. The shares were sold at an average price of $91.01, for a total value of $7,280,800.00. Following the completion of the transaction, the director now owns 366,371 shares in the company, valued at approximately $33,343,424.71. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Monica Melancon sold 5,040 shares of the stock in a transaction dated Friday, September 6th. The stock was sold at an average price of $77.66, for a total transaction of $391,406.40. Following the sale, the insider now directly owns 10,606 shares in the company, valued at approximately $823,661.96. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 100,343 shares of company stock valued at $9,045,321 over the last ninety days. 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.