Great Lakes Advisors LLC Sells 3,260 Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Great Lakes Advisors LLC lessened its holdings in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 1.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 174,552 shares of the company’s stock after selling 3,260 shares during the quarter. Great Lakes Advisors LLC owned about 0.21% of Wyndham Hotels & Resorts worth $14,036,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in WH. Allworth Financial LP raised its position in shares of Wyndham Hotels & Resorts by 62.6% during the fourth quarter. Allworth Financial LP now owns 395 shares of the company’s stock valued at $32,000 after buying an additional 152 shares during the last quarter. Systematic Alpha Investments LLC bought a new stake in Wyndham Hotels & Resorts in the 3rd quarter valued at $37,000. Chilton Capital Management LLC purchased a new stake in Wyndham Hotels & Resorts in the 4th quarter worth $47,000. Covestor Ltd boosted its holdings in shares of Wyndham Hotels & Resorts by 68.3% during the 3rd quarter. Covestor Ltd now owns 813 shares of the company’s stock valued at $57,000 after purchasing an additional 330 shares during the last quarter. Finally, Signaturefd LLC grew its position in shares of Wyndham Hotels & Resorts by 24.1% during the fourth quarter. Signaturefd LLC now owns 1,052 shares of the company’s stock valued at $85,000 after purchasing an additional 204 shares in the last quarter. 93.46% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Wyndham Hotels & Resorts

In other news, CEO Geoffrey A. Ballotti sold 196,279 shares of the firm’s stock in a transaction on Wednesday, May 1st. The stock was sold at an average price of $73.36, for a total transaction of $14,399,027.44. Following the transaction, the chief executive officer now owns 377,712 shares in the company, valued at $27,708,952.32. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In other Wyndham Hotels & Resorts news, CAO Nicola Rossi sold 3,200 shares of the company’s stock in a transaction on Tuesday, March 12th. The stock was sold at an average price of $79.00, for a total transaction of $252,800.00. Following the completion of the sale, the chief accounting officer now owns 11,404 shares in the company, valued at $900,916. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Geoffrey A. Ballotti sold 196,279 shares of Wyndham Hotels & Resorts stock in a transaction on Wednesday, May 1st. The shares were sold at an average price of $73.36, for a total value of $14,399,027.44. Following the completion of the transaction, the chief executive officer now owns 377,712 shares in the company, valued at $27,708,952.32. The disclosure for this sale can be found here. 2.79% of the stock is owned by company insiders.

Wyndham Hotels & Resorts Trading Down 0.5 %

Shares of NYSE WH traded down $0.39 during midday trading on Friday, hitting $70.99. The company’s stock had a trading volume of 679,257 shares, compared to its average volume of 876,711. The business’s 50 day moving average is $73.94 and its two-hundred day moving average is $76.83. The firm has a market cap of $5.72 billion, a P/E ratio of 25.17, a price-to-earnings-growth ratio of 2.47 and a beta of 1.33. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 3.27. Wyndham Hotels & Resorts, Inc. has a 12-month low of $63.69 and a 12-month high of $81.73.

Wyndham Hotels & Resorts (NYSE:WH) last posted its quarterly earnings results on Wednesday, April 24th. The company reported $0.78 EPS for the quarter, topping analysts’ consensus estimates of $0.75 by $0.03. Wyndham Hotels & Resorts had a net margin of 17.19% and a return on equity of 41.83%. The firm had revenue of $305.00 million for the quarter, compared to analysts’ expectations of $308.24 million. During the same period in the prior year, the business posted $0.86 earnings per share. The business’s revenue for the quarter was down 2.6% on a year-over-year basis. As a group, equities research analysts expect that Wyndham Hotels & Resorts, Inc. will post 4.25 EPS for the current year.

Wyndham Hotels & Resorts Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, June 14th will be paid a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a dividend yield of 2.14%. The ex-dividend date of this dividend is Friday, June 14th. Wyndham Hotels & Resorts’s dividend payout ratio is presently 53.90%.

Analysts Set New Price Targets

A number of equities research analysts recently commented on WH shares. Barclays increased their price target on Wyndham Hotels & Resorts from $87.00 to $88.00 and gave the company an “overweight” rating in a research note on Friday, April 26th. StockNews.com began coverage on shares of Wyndham Hotels & Resorts in a report on Monday, May 13th. They issued a “hold” rating for the company. Finally, Robert W. Baird upped their price target on shares of Wyndham Hotels & Resorts from $86.00 to $88.00 and gave the company an “outperform” rating in a research note on Friday, April 26th. One research analyst has rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $88.17.

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.