Wyndham Hotels & Resorts, Inc. (NYSE:WH) Shares Purchased by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. grew its stake in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 1.0% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 722,082 shares of the company’s stock after buying an additional 7,241 shares during the period. Charles Schwab Investment Management Inc. owned 0.93% of Wyndham Hotels & Resorts worth $56,423,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in WH. Assetmark Inc. purchased a new stake in Wyndham Hotels & Resorts during the 3rd quarter worth about $30,000. GAMMA Investing LLC boosted its stake in shares of Wyndham Hotels & Resorts by 80.9% during the 2nd quarter. GAMMA Investing LLC now owns 463 shares of the company’s stock worth $34,000 after purchasing an additional 207 shares during the last quarter. First Horizon Advisors Inc. grew 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 worth $36,000 after buying an additional 203 shares in the last quarter. Concord Wealth Partners raised its position in shares of Wyndham Hotels & Resorts by 115.5% in 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. lifted its stake in shares of Wyndham Hotels & Resorts by 1,245.1% during the second quarter. Blue Trust Inc. now owns 686 shares of the company’s stock valued at $53,000 after buying an additional 635 shares during the period. 93.46% of the stock is owned by institutional investors and hedge funds.

Wyndham Hotels & Resorts Stock Performance

Wyndham Hotels & Resorts stock opened at $98.18 on Friday. The company has a market cap of $7.64 billion, a price-to-earnings ratio of 31.17, a price-to-earnings-growth ratio of 2.48 and a beta of 1.31. Wyndham Hotels & Resorts, Inc. has a 12 month low of $67.67 and a 12 month high of $99.11. 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 stock’s 50-day moving average is $87.74 and its 200-day moving average is $78.80.

Wyndham Hotels & Resorts (NYSE:WH) last posted its quarterly earnings results on Wednesday, October 23rd. The company reported $1.39 EPS for the quarter, beating the consensus estimate 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 firm had revenue of $396.00 million for the quarter, compared to analyst estimates of $408.32 million. During the same quarter last year, the firm posted $1.31 earnings per share. Wyndham Hotels & Resorts’s revenue for the quarter was down 1.5% compared to the same quarter last year. Equities analysts anticipate that Wyndham Hotels & Resorts, Inc. will post 4.3 earnings per share for the current 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 issued a $0.38 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $1.52 annualized dividend and a yield of 1.55%. Wyndham Hotels & Resorts’s dividend payout ratio is currently 48.25%.

Wall Street Analyst Weigh In

Several research firms have commented on WH. Oppenheimer lifted their target price on shares of Wyndham Hotels & Resorts from $90.00 to $115.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 12th. The Goldman Sachs Group started coverage on Wyndham Hotels & Resorts in a research report on Wednesday, September 18th. They issued a “buy” rating and a $96.00 price objective for the company. Stifel Nicolaus increased their target price 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. Barclays lifted 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. Finally, Truist Financial upped their price objective on shares of Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the company a “buy” rating in a research note on Friday, October 25th. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, Wyndham Hotels & Resorts currently has an average rating of “Moderate Buy” and a consensus target price of $100.00.

Insider Activity at Wyndham Hotels & Resorts

In other news, insider Monica Melancon sold 5,040 shares of the business’s stock in a transaction on 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 directly 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 transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Michele Allen sold 15,000 shares of the firm’s stock in a transaction on Friday, October 25th. The shares were sold at an average price of $89.99, for a total transaction of $1,349,850.00. Following the sale, the chief financial officer now directly owns 10,056 shares of the company’s stock, valued at approximately $904,939.44. The trade was a 59.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 102,890 shares of company stock worth $9,273,255. Corporate insiders own 2.79% of the company’s stock.

About Wyndham Hotels & Resorts

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.