Swiss National Bank Has $12.30 Million Holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Swiss National Bank trimmed its stake in Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 1.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 157,400 shares of the company’s stock after selling 2,000 shares during the period. Swiss National Bank owned about 0.20% of Wyndham Hotels & Resorts worth $12,299,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Assetmark Inc. bought a new stake in shares of Wyndham Hotels & Resorts in the third quarter valued at about $30,000. GAMMA Investing LLC lifted its position in shares of Wyndham Hotels & Resorts by 80.9% in the 2nd quarter. GAMMA Investing LLC now owns 463 shares of the company’s stock worth $34,000 after acquiring an additional 207 shares during the period. Concord Wealth Partners grew its holdings in shares of Wyndham Hotels & Resorts by 115.5% during the 3rd quarter. Concord Wealth Partners now owns 543 shares of the company’s stock worth $42,000 after purchasing an additional 291 shares in the last quarter. Blue Trust Inc. increased its position 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 purchasing an additional 635 shares during the period. Finally, Family Firm Inc. acquired a new position in shares of Wyndham Hotels & Resorts in the second quarter valued at $67,000. Institutional investors own 93.46% of the company’s stock.

Wyndham Hotels & Resorts Trading Up 0.3 %

WH stock opened at $96.69 on Friday. The business has a fifty day moving average price of $85.85 and a 200 day moving average price of $77.94. The company has a debt-to-equity ratio of 4.19, a current ratio of 0.97 and a quick ratio of 0.97. Wyndham Hotels & Resorts, Inc. has a fifty-two week low of $67.67 and a fifty-two week high of $98.73. The stock has a market capitalization of $7.52 billion, a price-to-earnings ratio of 30.70, a P/E/G ratio of 2.44 and a beta of 1.31.

Wyndham Hotels & Resorts (NYSE:WH) last announced its earnings results on Wednesday, October 23rd. The company reported $1.39 earnings per share for the quarter, beating analysts’ consensus estimates 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 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 period last year, the company posted $1.31 earnings per share. Analysts expect that Wyndham Hotels & Resorts, Inc. will post 4.3 EPS for the current fiscal year.

Wyndham Hotels & Resorts Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Stockholders of record on Friday, December 13th will be given a dividend of $0.38 per share. The ex-dividend date is Friday, December 13th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.57%. Wyndham Hotels & Resorts’s payout ratio is 48.25%.

Analysts Set New Price Targets

A number of research firms have weighed in on WH. StockNews.com upgraded shares of Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a research note on Friday, November 1st. Stifel Nicolaus upped 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 note on Thursday, October 24th. Oppenheimer raised their price target 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 note on Wednesday, September 18th. They issued a “buy” rating and a $96.00 price objective on the stock. Finally, Barclays raised their target price on Wyndham Hotels & Resorts from $90.00 to $100.00 and gave the stock an “overweight” rating in a research report on Friday, October 25th. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $97.86.

Insider Activity

In other Wyndham Hotels & Resorts news, Director Stephen P. Holmes sold 80,000 shares of the company’s stock in a transaction on Friday, October 25th. The stock was sold at an average price of $91.01, for a total transaction of $7,280,800.00. Following the transaction, the director now owns 366,371 shares of the company’s stock, valued at approximately $33,343,424.71. This represents a 17.92 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Monica Melancon sold 5,040 shares of the company’s stock in a transaction on Friday, September 6th. The shares were sold at an average price of $77.66, for a total value of $391,406.40. Following the transaction, the insider now directly owns 10,606 shares in the company, valued at $823,661.96. This trade represents a 32.21 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 102,890 shares of company stock valued at $9,273,255 over the last three months. 2.79% of the stock is owned by insiders.

Wyndham Hotels & Resorts 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.