CX Institutional Cuts Stake in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

CX Institutional decreased its holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 16.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 10,304 shares of the company’s stock after selling 1,982 shares during the period. CX Institutional’s holdings in Wyndham Hotels & Resorts were worth $1,039,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Trust Co. of Vermont boosted its stake in shares of Wyndham Hotels & Resorts by 434.8% in the 4th quarter. Trust Co. of Vermont now owns 246 shares of the company’s stock valued at $25,000 after purchasing an additional 200 shares in the last quarter. Assetmark Inc. purchased a new stake in shares of Wyndham Hotels & Resorts in the 3rd quarter valued at $30,000. Nomura Asset Management Co. Ltd. boosted its stake in shares of Wyndham Hotels & Resorts by 86.4% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 410 shares of the company’s stock valued at $32,000 after purchasing an additional 190 shares in the last quarter. First Horizon Advisors Inc. boosted its stake in shares of Wyndham Hotels & Resorts by 76.9% in the 3rd quarter. First Horizon Advisors Inc. now owns 467 shares of the company’s stock valued at $36,000 after purchasing an additional 203 shares in the last quarter. Finally, UMB Bank n.a. raised its holdings in Wyndham Hotels & Resorts by 72.7% during the 4th quarter. UMB Bank n.a. now owns 399 shares of the company’s stock valued at $40,000 after buying an additional 168 shares during the last quarter. Hedge funds and other institutional investors own 93.46% of the company’s stock.

Insider Buying and Selling

In related news, insider Scott R. Strickland sold 2,850 shares of the stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of $88.14, for a total value of $251,199.00. Following the completion of 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.79% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the stock. Robert W. Baird upped their price target on shares of Wyndham Hotels & Resorts from $92.00 to $97.00 and gave the company an “outperform” rating in a report on Friday, October 25th. Barclays upped their price target on shares of Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the company an “overweight” rating in a report on Friday, December 13th. StockNews.com upgraded shares of Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a report on Friday, November 1st. Wells Fargo & Company upgraded shares of Wyndham Hotels & Resorts from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $103.00 to $114.00 in a report on Friday, January 10th. Finally, JPMorgan Chase & Co. upped their price target on shares of Wyndham Hotels & Resorts from $99.00 to $113.00 and gave the company an “overweight” rating in a report on Friday, December 13th. Two equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to MarketBeat.com, Wyndham Hotels & Resorts currently has a consensus rating of “Moderate Buy” and an average price target of $108.10.

Wyndham Hotels & Resorts Stock Down 0.6 %

Shares of Wyndham Hotels & Resorts stock opened at $104.86 on Friday. The company has a debt-to-equity ratio of 4.19, a current ratio of 0.97 and a quick ratio of 0.97. The company has a 50-day moving average of $100.70 and a 200 day moving average of $87.27. The firm has a market cap of $8.16 billion, a price-to-earnings ratio of 33.29, a PEG ratio of 2.22 and a beta of 1.30. Wyndham Hotels & Resorts, Inc. has a 1 year low of $67.67 and a 1 year high of $106.16.

Wyndham Hotels & Resorts (NYSE:WH) last issued its quarterly earnings results on Wednesday, October 23rd. The company reported $1.39 earnings per share (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 net margin of 18.29% and a return on equity of 51.79%. Wyndham Hotels & Resorts’s quarterly revenue was down 1.5% compared to the same quarter last year. During the same period last year, the business earned $1.31 EPS. As a group, sell-side analysts anticipate that Wyndham Hotels & Resorts, Inc. will post 4.29 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, December 27th. Investors of record on Friday, December 13th were paid a $0.38 dividend. The ex-dividend date was Friday, December 13th. This represents a $1.52 annualized dividend and a dividend yield of 1.45%. Wyndham Hotels & Resorts’s payout ratio is 48.25%.

Wyndham Hotels & Resorts Profile

Wyndham Hotels & Resorts, Inc engages in the franchise and operation of hotels under the Wyndham brand. It operates through the following segments: Hotel Franchising, Hotel Management, and Corporate and Other. The Hotel Franchising segment focuses on licensing the company’s lodging brands and providing related services to third-party hotel owners and others.