Everence Capital Management Inc. Acquires New Position in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Everence Capital Management Inc. bought a new position in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 2,270 shares of the company’s stock, valued at approximately $229,000.

Other large investors also recently bought and sold shares of the company. Thrivent Financial for Lutherans raised its position in shares of 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 in the last quarter. Burgundy Asset Management Ltd. increased its stake in Wyndham Hotels & Resorts by 70.9% during the second quarter. Burgundy Asset Management Ltd. now owns 2,210,658 shares of the company’s stock valued at $163,589,000 after purchasing an additional 916,742 shares during the last quarter. TimesSquare Capital Management LLC raised its holdings in shares of Wyndham Hotels & Resorts by 284,590.0% during the third quarter. TimesSquare Capital Management LLC now owns 284,690 shares of the company’s stock worth $22,246,000 after purchasing an additional 284,590 shares during the period. Copeland Capital Management LLC lifted its position in shares of Wyndham Hotels & Resorts by 133.1% in the 3rd quarter. Copeland Capital Management LLC now owns 409,324 shares of the company’s stock worth $31,985,000 after buying an additional 233,754 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its position in shares of Wyndham Hotels & Resorts by 18.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,237,944 shares of the company’s stock valued at $91,609,000 after buying an additional 196,982 shares during the last quarter. Institutional investors own 93.46% of the company’s stock.

Wyndham Hotels & Resorts Stock Down 1.3 %

WH stock opened at $99.00 on Thursday. The firm’s 50-day moving average is $98.55 and its two-hundred day moving average is $84.77. The company has a market capitalization of $7.70 billion, a price-to-earnings ratio of 31.43, a price-to-earnings-growth ratio of 2.42 and a beta of 1.30. Wyndham Hotels & Resorts, Inc. has a 52 week low of $67.67 and a 52 week high of $105.16. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 4.19.

Wyndham Hotels & Resorts (NYSE:WH) last announced its 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 firm had revenue of $396.00 million for the quarter, compared to analysts’ expectations 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 quarterly revenue was down 1.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.31 earnings per share. On average, analysts forecast that Wyndham Hotels & Resorts, Inc. will post 4.29 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 27th. Stockholders of record on Friday, December 13th were issued a $0.38 dividend. The ex-dividend date was Friday, December 13th. This represents a $1.52 annualized dividend and a dividend yield of 1.54%. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is 48.25%.

Analyst Ratings Changes

A number of equities analysts have commented on the company. The Goldman Sachs Group lifted their target price on Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the company a “buy” rating in a research note on Tuesday, December 10th. Barclays boosted their price objective on Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the company an “overweight” rating in a research report on Friday, December 13th. Truist Financial increased their target price on Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. Jefferies Financial Group boosted their price target on shares of Wyndham Hotels & Resorts from $107.00 to $120.00 and gave the company a “buy” rating in a report on Thursday, January 2nd. Finally, Stifel Nicolaus increased their price objective 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. Three investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Wyndham Hotels & Resorts currently has a consensus rating of “Moderate Buy” and an average target price of $107.00.

Insider Activity at Wyndham Hotels & Resorts

In other Wyndham Hotels & Resorts news, insider Scott R. Strickland sold 2,850 shares of Wyndham Hotels & Resorts stock in a transaction that occurred on Tuesday, November 5th. The shares were sold at an average price of $88.14, for a total value of $251,199.00. Following the transaction, the insider now owns 26,062 shares in the company, valued at approximately $2,297,104.68. The trade was a 9.86 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CFO Michele Allen sold 15,000 shares of the stock in a transaction on Friday, October 25th. The shares were sold at an average price of $89.99, for a total value of $1,349,850.00. Following the sale, the chief financial officer now owns 10,056 shares of the company’s stock, valued at $904,939.44. This trade represents a 59.87 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 97,850 shares of company stock valued at $8,881,849 over the last 90 days. 2.79% of the stock is currently owned by corporate insiders.

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.