Stifel Financial Corp Increases Stock Holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Stifel Financial Corp grew its holdings in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WHFree Report) by 91.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 30,665 shares of the company’s stock after acquiring an additional 14,688 shares during the period. Stifel Financial Corp’s holdings in Wyndham Hotels & Resorts were worth $2,396,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of WH. Crossmark Global Holdings Inc. lifted its holdings in Wyndham Hotels & Resorts by 2.7% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 5,674 shares of the company’s stock worth $443,000 after purchasing an additional 147 shares in the last quarter. PFG Investments LLC grew its stake in Wyndham Hotels & Resorts by 4.4% during the second quarter. PFG Investments LLC now owns 3,667 shares of the company’s stock valued at $271,000 after acquiring an additional 155 shares in the last quarter. Equitable Trust Co. grew its stake in Wyndham Hotels & Resorts by 1.9% during the third quarter. Equitable Trust Co. now owns 9,160 shares of the company’s stock valued at $716,000 after acquiring an additional 174 shares in the last quarter. State of Alaska Department of Revenue boosted its holdings in shares of Wyndham Hotels & Resorts by 1.9% during the 3rd quarter. State of Alaska Department of Revenue now owns 9,176 shares of the company’s stock valued at $717,000 after purchasing an additional 175 shares during the last quarter. Finally, First Horizon Advisors Inc. grew its position 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 valued at $36,000 after purchasing an additional 203 shares in the last quarter. 93.46% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently commented on WH. StockNews.com upgraded Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a research report on Friday, November 1st. The Goldman Sachs Group increased their price target on shares of Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the company a “buy” rating in a report on Tuesday, December 10th. Truist Financial boosted their price objective on Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the stock a “buy” rating in a research note on Friday, October 25th. JPMorgan Chase & Co. raised their price objective on Wyndham Hotels & Resorts from $99.00 to $113.00 and gave the company an “overweight” rating in a research note on Friday, December 13th. Finally, Oppenheimer increased their price target on Wyndham Hotels & Resorts from $90.00 to $115.00 and gave the company an “outperform” rating in a report on Tuesday, November 12th. Three analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $105.56.

Check Out Our Latest Analysis on Wyndham Hotels & Resorts

Wyndham Hotels & Resorts Price Performance

WH opened at $98.44 on Thursday. Wyndham Hotels & Resorts, Inc. has a 52-week low of $67.67 and a 52-week high of $105.16. The stock has a market cap of $7.66 billion, a P/E ratio of 31.25, a PEG ratio of 2.42 and a beta of 1.32. The business has a fifty day moving average of $93.65 and a 200 day moving average of $81.72. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 4.19.

Wyndham Hotels & Resorts (NYSE:WHGet Free Report) last posted 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 for the quarter, compared to the consensus estimate of $408.32 million. Wyndham Hotels & Resorts had a net margin of 18.29% and a return on equity of 51.79%. The firm’s revenue was down 1.5% compared to the same quarter last year. During the same quarter last year, the firm posted $1.31 EPS. As a group, sell-side analysts anticipate that Wyndham Hotels & Resorts, Inc. will post 4.29 EPS for the current year.

Wyndham Hotels & Resorts Dividend Announcement

The company also recently disclosed 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 of this dividend is Friday, December 13th. This represents a $1.52 annualized dividend and a yield of 1.54%. Wyndham Hotels & Resorts’s payout ratio is currently 48.25%.

Insider Buying and Selling at Wyndham Hotels & Resorts

In related news, CFO Michele Allen sold 15,000 shares of Wyndham Hotels & Resorts stock in a transaction that occurred 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 transaction, the chief financial officer now directly owns 10,056 shares of the company’s stock, valued at $904,939.44. This trade represents a 59.87 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Scott R. Strickland sold 2,850 shares of the company’s stock in a transaction 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 sale, the insider now owns 26,062 shares of the company’s stock, valued at approximately $2,297,104.68. This represents a 9.86 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 97,850 shares of company stock valued at $8,881,849 in the last ninety days. Corporate insiders own 2.79% of the company’s stock.

Wyndham Hotels & Resorts Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Wyndham Hotels & Resorts (NYSE:WH)

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