XTX Topco Ltd Reduces Position in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

XTX Topco Ltd cut its stake in Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 42.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 9,475 shares of the company's stock after selling 7,033 shares during the period. XTX Topco Ltd's holdings in Wyndham Hotels & Resorts were worth $740,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. CWM LLC increased its position in shares of Wyndham Hotels & Resorts by 69.2% in the second quarter. CWM LLC now owns 3,090 shares of the company's stock valued at $229,000 after buying an additional 1,264 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in Wyndham Hotels & Resorts by 11.0% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 6,313 shares of the company's stock valued at $467,000 after acquiring an additional 627 shares in the last quarter. Blue Trust Inc. raised its position in Wyndham Hotels & Resorts by 1,245.1% during the second quarter. Blue Trust Inc. now owns 686 shares of the company's stock worth $53,000 after acquiring an additional 635 shares during the last quarter. TCW Group Inc. lifted its holdings in shares of Wyndham Hotels & Resorts by 16.4% in the second quarter. TCW Group Inc. now owns 185,017 shares of the company's stock valued at $13,691,000 after purchasing an additional 26,103 shares in the last quarter. Finally, Raymond James & Associates grew its position in shares of Wyndham Hotels & Resorts by 10.7% in the second quarter. Raymond James & Associates now owns 74,663 shares of the company's stock valued at $5,525,000 after purchasing an additional 7,226 shares during the last quarter. 93.46% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms recently issued reports on WH. StockNews.com raised Wyndham Hotels & Resorts from a "sell" rating to a "hold" rating in a research note on Friday, November 1st. Wells Fargo & Company started coverage on Wyndham Hotels & Resorts in a research note on Thursday, December 5th. They set an "equal weight" rating and a $103.00 price objective on the stock. Robert W. Baird boosted their target price 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. Stifel Nicolaus lifted their price target on shares of Wyndham Hotels & Resorts from $92.00 to $107.00 and gave the stock a "buy" rating in a report on Tuesday, November 26th. Finally, Barclays boosted their price target on Wyndham Hotels & Resorts from $90.00 to $100.00 and gave the company an "overweight" rating in a report on Friday, October 25th. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. According to data from MarketBeat, Wyndham Hotels & Resorts currently has an average rating of "Moderate Buy" and an average target price of $102.75.

Insider Buying and Selling at Wyndham Hotels & Resorts

In other news, Director Stephen P. Holmes sold 80,000 shares of the stock in a transaction dated Friday, October 25th. The stock was sold at an average price of $91.01, for a total value of $7,280,800.00. Following the completion of 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Scott R. Strickland sold 2,850 shares of the business's stock in a transaction that occurred on Tuesday, November 5th. The stock was sold at an average price of $88.14, for a total value of $251,199.00. Following the transaction, the insider now directly owns 26,062 shares in the company, valued at $2,297,104.68. This trade represents a 9.86 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 97,850 shares of company stock valued at $8,881,849 over the last ninety days. Corporate insiders own 2.79% of the company's stock.

Wyndham Hotels & Resorts Trading Up 0.1 %

Shares of WH stock traded up $0.15 on Thursday, reaching $104.01. 702,675 shares of the stock were exchanged, compared to its average volume of 750,202. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 4.19. The stock has a market cap of $8.09 billion, a P/E ratio of 33.23, a price-to-earnings-growth ratio of 2.37 and a beta of 1.32. The firm has a 50 day moving average of $91.19 and a two-hundred day moving average of $80.55. Wyndham Hotels & Resorts, Inc. has a 1-year low of $67.67 and a 1-year high of $105.12.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last announced its quarterly earnings results on Wednesday, October 23rd. The company reported $1.39 EPS for the quarter, topping the consensus estimate of $1.38 by $0.01. The company had revenue of $396.00 million during 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 firm's revenue was down 1.5% on a year-over-year basis. During the same period in the prior year, the firm posted $1.31 earnings per share. On average, research analysts anticipate that Wyndham Hotels & Resorts, Inc. will post 4.29 EPS for the current year.

Wyndham Hotels & Resorts Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 27th. Shareholders of record on Friday, December 13th will be given 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 1.46%. Wyndham Hotels & Resorts's dividend payout ratio (DPR) is 48.25%.

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.