Wyndham Hotels & Resorts, Inc. (NYSE:WH) Position Lessened by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed its holdings in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 7.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 240,109 shares of the company's stock after selling 19,734 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.31% of Wyndham Hotels & Resorts worth $18,762,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Assetmark Inc. acquired a new stake in shares of Wyndham Hotels & Resorts in the 3rd quarter worth about $30,000. GAMMA Investing LLC increased its stake in shares of Wyndham Hotels & Resorts by 80.9% in the second quarter. GAMMA Investing LLC now owns 463 shares of the company's stock valued at $34,000 after purchasing an additional 207 shares during the period. First Horizon Advisors Inc. raised its holdings in shares of Wyndham Hotels & Resorts by 76.9% during the third quarter. First Horizon Advisors Inc. now owns 467 shares of the company's stock valued at $36,000 after buying an additional 203 shares during the last quarter. Concord Wealth Partners boosted its position in shares of Wyndham Hotels & Resorts by 115.5% during the third quarter. Concord Wealth Partners now owns 543 shares of the company's stock worth $42,000 after buying an additional 291 shares during the period. Finally, Brooklyn Investment Group bought a new position in Wyndham Hotels & Resorts in the 3rd quarter worth approximately $49,000. 93.46% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

WH has been the subject of a number of analyst reports. Stifel Nicolaus boosted their price target on Wyndham Hotels & Resorts from $92.00 to $107.00 and gave the stock a "buy" rating in a research report on Tuesday, November 26th. Oppenheimer increased their target price 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. StockNews.com raised shares of Wyndham Hotels & Resorts from a "sell" rating to a "hold" rating in a research note on Friday, November 1st. Wells Fargo & Company assumed coverage on shares of Wyndham Hotels & Resorts in a research note on Thursday. They issued an "equal weight" rating and a $103.00 price target for the company. Finally, Robert W. Baird raised 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 note on Friday, October 25th. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. Based on data from MarketBeat, Wyndham Hotels & Resorts currently has an average rating of "Moderate Buy" and a consensus price target of $100.38.

Wyndham Hotels & Resorts Price Performance

WH stock traded up $0.01 on Friday, hitting $101.89. 631,528 shares of the company's stock traded hands, compared to its average volume of 651,911. The stock has a market cap of $7.93 billion, a price-to-earnings ratio of 32.35, a P/E/G ratio of 2.56 and a beta of 1.32. Wyndham Hotels & Resorts, Inc. has a 1-year low of $67.67 and a 1-year high of $103.17. 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 stock has a fifty day moving average of $89.76 and a 200-day moving average of $79.81.

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

Wyndham Hotels & Resorts Announces Dividend

The business 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 $0.38 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $1.52 dividend on an annualized basis and a yield of 1.49%. Wyndham Hotels & Resorts's dividend payout ratio is currently 48.25%.

Insider Buying and Selling

In related news, Director Stephen P. Holmes sold 80,000 shares of the company's stock in a transaction on Friday, October 25th. The stock was sold at an average price of $91.01, for a total transaction of $7,280,800.00. Following the transaction, the director now directly owns 366,371 shares of the company's stock, valued at approximately $33,343,424.71. The trade was a 17.92 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Scott R. Strickland sold 2,850 shares of the 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 sale, the insider now directly owns 26,062 shares of the company's stock, valued at approximately $2,297,104.68. This represents a 9.86 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 97,850 shares of company stock valued at $8,881,849. 2.79% of the stock is owned by corporate 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.