Jefferies Financial Group Inc. boosted its holdings in Wyndham Hotels & Resorts (NYSE:WH – Free Report) by 126.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 27,000 shares of the company’s stock after acquiring an additional 15,100 shares during the quarter. Jefferies Financial Group Inc.’s holdings in Wyndham Hotels & Resorts were worth $2,040,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. EverSource Wealth Advisors LLC lifted its holdings in shares of Wyndham Hotels & Resorts by 73.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 314 shares of the company’s stock valued at $25,000 after buying an additional 133 shares during the period. Geneos Wealth Management Inc. lifted its holdings in shares of Wyndham Hotels & Resorts by 49.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 376 shares of the company’s stock valued at $34,000 after buying an additional 124 shares during the period. Cornerstone Planning Group LLC bought a new position in shares of Wyndham Hotels & Resorts during the 3rd quarter valued at $36,000. Smartleaf Asset Management LLC lifted its holdings in shares of Wyndham Hotels & Resorts by 181.3% during the 3rd quarter. Smartleaf Asset Management LLC now owns 495 shares of the company’s stock valued at $40,000 after buying an additional 319 shares during the period. Finally, Jones Financial Companies Lllp lifted its holdings in shares of Wyndham Hotels & Resorts by 42.6% during the 3rd quarter. Jones Financial Companies Lllp now owns 636 shares of the company’s stock valued at $52,000 after buying an additional 190 shares during the period. 93.46% of the stock is owned by institutional investors.
Wyndham Hotels & Resorts Trading Up 3.6%
NYSE:WH opened at $83.62 on Thursday. The company has a debt-to-equity ratio of 5.88, a current ratio of 0.98 and a quick ratio of 0.98. The firm has a market capitalization of $6.26 billion, a price-to-earnings ratio of 33.58, a price-to-earnings-growth ratio of 2.18 and a beta of 0.64. Wyndham Hotels & Resorts has a one year low of $69.21 and a one year high of $92.68. The business has a fifty day moving average price of $82.34 and a 200-day moving average price of $78.61.
Wyndham Hotels & Resorts Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be paid a $0.43 dividend. This represents a $1.72 annualized dividend and a dividend yield of 2.1%. The ex-dividend date is Monday, June 15th. Wyndham Hotels & Resorts’s dividend payout ratio is 69.08%.
Analyst Upgrades and Downgrades
Several research firms have recently weighed in on WH. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $105.00 price target on shares of Wyndham Hotels & Resorts in a report on Friday, May 1st. Wall Street Zen raised Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a report on Saturday, April 25th. Weiss Ratings reissued a “hold (c)” rating on shares of Wyndham Hotels & Resorts in a report on Friday, April 10th. Susquehanna lowered their price target on Wyndham Hotels & Resorts from $95.00 to $90.00 and set a “neutral” rating on the stock in a report on Monday, May 4th. Finally, Mizuho increased their price target on Wyndham Hotels & Resorts from $97.00 to $108.00 and gave the company an “outperform” rating in a report on Friday, February 20th. Eight analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, Wyndham Hotels & Resorts currently has an average rating of “Moderate Buy” and a consensus target price of $96.27.
View Our Latest Research Report on WH
Insider Buying and Selling at Wyndham Hotels & Resorts
In other news, insider Scott R. Strickland sold 6,500 shares of the company’s stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $80.36, for a total value of $522,340.00. Following the completion of the sale, the insider directly owned 43,639 shares in the company, valued at $3,506,830.04. This represents a 12.96% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, General Counsel Paul F. Cash sold 19,800 shares of the company’s stock in a transaction on Friday, March 6th. The stock was sold at an average price of $76.09, for a total value of $1,506,582.00. Following the completion of the sale, the general counsel owned 27,912 shares of the company’s stock, valued at $2,123,824.08. This trade represents a 41.50% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 2.33% of the company’s stock.
Wyndham Hotels & Resorts Profile
Wyndham Hotels & Resorts, Inc (NYSE: WH) is a leading global hospitality company specializing in hotel franchising and management. Established in 2018 through the spin-off of Wyndham Hotel Group from Wyndham Worldwide, the company focuses on the development, marketing and distribution of hotel brands designed to meet the needs of business and leisure travelers. Its core business model centers on franchising agreements, enabling third-party hotel owners to operate under the Wyndham portfolio while accessing the company’s centralized services and support.
The company’s brand portfolio spans economy, midscale and upper-midscale segments, featuring well-known names such as Wyndham, Ramada, Days Inn, Super 8, Microtel Inn & Suites, and La Quinta by Wyndham.
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