Savoir Faire Capital Management L.P. Has $4.65 Million Stake in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Savoir Faire Capital Management L.P. decreased its stake in Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 49.9% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 59,507 shares of the company's stock after selling 59,349 shares during the quarter. Wyndham Hotels & Resorts accounts for about 2.4% of Savoir Faire Capital Management L.P.'s investment portfolio, making the stock its 18th largest holding. Savoir Faire Capital Management L.P. owned 0.08% of Wyndham Hotels & Resorts worth $4,650,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of WH. Crossmark Global Holdings Inc. grew its position 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 worth $443,000 after purchasing an additional 147 shares in the last quarter. PFG Investments LLC grew its holdings 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 buying an additional 155 shares in the last quarter. Equitable Trust Co. raised its position in Wyndham Hotels & Resorts by 1.9% during the third quarter. Equitable Trust Co. now owns 9,160 shares of the company's stock valued at $716,000 after buying an additional 174 shares during the period. State of Alaska Department of Revenue lifted its stake in Wyndham Hotels & Resorts by 1.9% in the 3rd quarter. State of Alaska Department of Revenue now owns 9,176 shares of the company's stock worth $717,000 after acquiring an additional 175 shares in the last quarter. Finally, GAMMA Investing LLC lifted its stake in Wyndham Hotels & Resorts by 80.9% in the 2nd quarter. GAMMA Investing LLC now owns 463 shares of the company's stock worth $34,000 after acquiring an additional 207 shares in the last quarter. Hedge funds and other institutional investors own 93.46% of the company's stock.

Insider Buying and Selling

In other news, insider Scott R. Strickland sold 2,850 shares of the firm'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 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Michele Allen sold 15,000 shares of Wyndham Hotels & Resorts stock in a transaction dated 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 completion of the transaction, the chief financial officer now owns 10,056 shares in the company, valued at $904,939.44. The trade was a 59.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 102,890 shares of company stock worth $9,273,255. 2.79% of the stock is currently owned by insiders.

Wyndham Hotels & Resorts Stock Down 1.1 %

Shares of Wyndham Hotels & Resorts stock traded down $1.01 during midday trading on Tuesday, reaching $94.47. 567,061 shares of the company's stock traded hands, compared to its average volume of 754,295. The company has a debt-to-equity ratio of 4.19, a quick ratio of 0.97 and a current ratio of 0.97. Wyndham Hotels & Resorts, Inc. has a 52 week low of $67.67 and a 52 week high of $98.73. The company's 50 day simple moving average is $84.75 and its 200 day simple moving average is $77.51. The company has a market cap of $7.35 billion, a price-to-earnings ratio of 29.99, a price-to-earnings-growth ratio of 2.45 and a beta of 1.31.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last posted its earnings results on Wednesday, October 23rd. The company reported $1.39 earnings per share for the quarter, beating the consensus estimate of $1.38 by $0.01. The company had revenue of $396.00 million for the quarter, compared to analyst estimates of $408.32 million. Wyndham Hotels & Resorts had a return on equity of 51.79% and a net margin of 18.29%. The business's revenue was down 1.5% compared to the same quarter last year. During the same period last year, the company earned $1.31 earnings per share. Equities analysts expect that Wyndham Hotels & Resorts, Inc. will post 4.3 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have weighed in on WH shares. StockNews.com raised Wyndham Hotels & Resorts from a "sell" rating to a "hold" rating in a research note on Friday, November 1st. Barclays boosted their price objective on shares of Wyndham Hotels & Resorts from $90.00 to $100.00 and gave the company an "overweight" rating in a research report on Friday, October 25th. Truist Financial increased 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. The Goldman Sachs Group assumed coverage on shares of Wyndham Hotels & Resorts in a report on Wednesday, September 18th. They set a "buy" rating and a $96.00 price target on the stock. Finally, Robert W. Baird increased their price objective on Wyndham Hotels & Resorts from $92.00 to $97.00 and gave the stock an "outperform" rating in a report on Friday, October 25th. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $97.86.

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.