New York State Teachers Retirement System Sells 500 Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH)

New York State Teachers Retirement System cut its holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 0.6% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 87,083 shares of the company’s stock after selling 500 shares during the period. New York State Teachers Retirement System’s holdings in Wyndham Hotels & Resorts were worth $6,805,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the stock. Thrivent Financial for Lutherans boosted its holdings in Wyndham Hotels & Resorts by 377.5% during the 2nd quarter. Thrivent Financial for Lutherans now owns 1,240,702 shares of the company’s stock valued at $91,812,000 after acquiring an additional 980,848 shares during the period. Burgundy Asset Management Ltd. grew its stake in Wyndham Hotels & Resorts by 70.9% in the second quarter. Burgundy Asset Management Ltd. now owns 2,210,658 shares of the company’s stock worth $163,589,000 after purchasing an additional 916,742 shares in the last quarter. Vanguard Group Inc. increased its holdings in Wyndham Hotels & Resorts by 7.5% during the 1st quarter. Vanguard Group Inc. now owns 8,311,078 shares of the company’s stock worth $637,875,000 after purchasing an additional 581,909 shares during the period. Janus Henderson Group PLC raised its position in Wyndham Hotels & Resorts by 1,186.0% during the 1st quarter. Janus Henderson Group PLC now owns 509,441 shares of the company’s stock valued at $39,092,000 after purchasing an additional 469,827 shares in the last quarter. Finally, Boston Partners grew its holdings in Wyndham Hotels & Resorts by 15.4% during the 1st quarter. Boston Partners now owns 3,227,106 shares of the company’s stock worth $247,646,000 after acquiring an additional 430,053 shares in the last quarter. 93.46% of the stock is owned by institutional investors.

Insider Transactions at Wyndham Hotels & Resorts

In other news, insider Monica Melancon sold 5,040 shares of the stock in a transaction dated Friday, September 6th. The shares were sold at an average price of $77.66, for a total transaction of $391,406.40. Following the transaction, the insider now owns 10,606 shares of the company’s stock, valued at approximately $823,661.96. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other Wyndham Hotels & Resorts news, insider Monica Melancon sold 5,040 shares of Wyndham Hotels & Resorts stock in a transaction that occurred on Friday, September 6th. The stock was sold at an average price of $77.66, for a total value of $391,406.40. Following the completion of the transaction, the insider now directly owns 10,606 shares in the company, valued at $823,661.96. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Stephen P. Holmes sold 80,000 shares of the stock in a transaction on 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 directly owns 366,371 shares in the company, valued at $33,343,424.71. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 100,040 shares of company stock valued at $9,022,056. 2.79% of the stock is currently owned by insiders.

Wyndham Hotels & Resorts Trading Up 0.8 %

NYSE:WH opened at $88.76 on Tuesday. 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 1 year low of $67.67 and a 1 year high of $91.93. The stock has a market capitalization of $6.90 billion, a price-to-earnings ratio of 28.23, a PEG ratio of 2.20 and a beta of 1.31. The stock has a fifty day moving average price of $80.51 and a two-hundred day moving average price of $75.60.

Wyndham Hotels & Resorts (NYSE:WH) last posted its quarterly earnings results on Wednesday, October 23rd. The company reported $1.39 earnings per share for the quarter, topping analysts’ consensus estimates of $1.38 by $0.01. Wyndham Hotels & Resorts had a net margin of 18.29% and a return on equity of 51.79%. The company had revenue of $396.00 million for the quarter, compared to the consensus estimate of $408.32 million. During the same quarter last year, the firm posted $1.31 earnings per share. Wyndham Hotels & Resorts’s revenue was down 1.5% on a year-over-year basis. As a group, sell-side analysts anticipate that Wyndham Hotels & Resorts, Inc. will post 4.3 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Friday, September 13th were paid a dividend of $0.38 per share. The ex-dividend date was Friday, September 13th. This represents a $1.52 annualized dividend and a dividend yield of 1.71%. Wyndham Hotels & Resorts’s dividend payout ratio is presently 48.25%.

Wall Street Analyst Weigh In

WH has been the subject of several research reports. Barclays upped their price target on shares of Wyndham Hotels & Resorts from $90.00 to $100.00 and gave the stock an “overweight” rating in a research report on Friday, October 25th. Truist Financial increased their price target on shares of Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the company a “buy” rating in a research report on Friday, October 25th. Robert W. Baird lifted their price objective on shares of Wyndham Hotels & Resorts from $92.00 to $97.00 and gave the stock an “outperform” rating in a research report on Friday, October 25th. Stifel Nicolaus increased their target price on shares of Wyndham Hotels & Resorts from $91.00 to $92.00 and gave the company a “buy” rating in a research report on Thursday, October 24th. Finally, StockNews.com raised Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a research report on Friday. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $95.00.

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.