Charles Schwab Investment Management Inc. Acquires 7,241 Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Charles Schwab Investment Management Inc. lifted its position in Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 1.0% in the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 722,082 shares of the company's stock after acquiring an additional 7,241 shares during the period. Charles Schwab Investment Management Inc. owned 0.93% of Wyndham Hotels & Resorts worth $56,423,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Assetmark Inc. bought a new stake in Wyndham Hotels & Resorts during the third quarter worth about $30,000. GAMMA Investing LLC grew its stake in shares of 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 buying an additional 207 shares during the last quarter. First Horizon Advisors Inc. increased its position in Wyndham Hotels & Resorts by 76.9% during the 3rd quarter. First Horizon Advisors Inc. now owns 467 shares of the company's stock valued at $36,000 after buying an additional 203 shares in the last quarter. Concord Wealth Partners raised its stake in Wyndham Hotels & Resorts by 115.5% during the third quarter. Concord Wealth Partners now owns 543 shares of the company's stock valued at $42,000 after buying an additional 291 shares during the last quarter. Finally, Blue Trust Inc. boosted its holdings in Wyndham Hotels & Resorts by 1,245.1% in the second quarter. Blue Trust Inc. now owns 686 shares of the company's stock worth $53,000 after acquiring an additional 635 shares in the last quarter. Hedge funds and other institutional investors own 93.46% of the company's stock.

Wyndham Hotels & Resorts Stock Performance

Shares of NYSE WH traded up $0.57 during midday trading on Friday, hitting $98.18. 448,219 shares of the stock traded hands, compared to its average volume of 714,284. The firm has a market capitalization of $7.64 billion, a P/E ratio of 31.17, a PEG ratio of 2.49 and a beta of 1.31. Wyndham Hotels & Resorts, Inc. has a one year low of $67.67 and a one year high of $99.11. The company has a debt-to-equity ratio of 4.19, a quick ratio of 0.97 and a current ratio of 0.97. The firm has a 50-day moving average of $87.74 and a two-hundred day moving average of $78.85.

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 analysts' consensus estimates of $1.38 by $0.01. The company had revenue of $396.00 million for 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%. Wyndham Hotels & Resorts's revenue was down 1.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.31 earnings per share. On average, equities analysts forecast that Wyndham Hotels & Resorts, Inc. will post 4.3 EPS for the current fiscal year.

Wyndham Hotels & Resorts Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Shareholders of record on Friday, December 13th will be issued a dividend of $0.38 per share. The ex-dividend date is Friday, December 13th. This represents a $1.52 dividend on an annualized basis and a yield of 1.55%. Wyndham Hotels & Resorts's dividend payout ratio is currently 48.25%.

Insider Buying and Selling at Wyndham Hotels & Resorts

In other Wyndham Hotels & Resorts news, Director Stephen P. Holmes sold 80,000 shares of the firm's stock in a transaction that occurred on Friday, October 25th. The shares were sold at an average price of $91.01, for a total transaction of $7,280,800.00. Following the sale, the director now owns 366,371 shares in the company, valued at approximately $33,343,424.71. This trade represents a 17.92 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Monica Melancon sold 5,040 shares of the company's stock in a transaction that occurred on Friday, September 6th. The stock was sold at an average price of $77.66, for a total transaction of $391,406.40. Following the completion of the transaction, the insider now owns 10,606 shares of the company's stock, valued at approximately $823,661.96. The trade was a 32.21 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 102,890 shares of company stock valued at $9,273,255. Insiders own 2.79% of the company's stock.

Analyst Ratings Changes

WH has been the subject of several recent analyst reports. Stifel Nicolaus lifted 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. The Goldman Sachs Group began 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 on the stock. Oppenheimer raised their price target 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. Robert W. Baird upped their price objective on Wyndham Hotels & Resorts from $92.00 to $97.00 and gave the company an "outperform" rating in a research report on Friday, October 25th. Finally, StockNews.com raised Wyndham Hotels & Resorts from a "sell" rating to a "hold" rating in a report on Friday, November 1st. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $100.00.

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.