WINTON GROUP Ltd bought a new stake in shares of Wyndham Hotels & Resorts Inc (NYSE:WH) during the 2nd quarter, HoldingsChannel reports. The institutional investor bought 241,583 shares of the company’s stock, valued at approximately $14,212,000.

A number of other large investors have also made changes to their positions in the stock. BlackRock Inc. acquired a new position in Wyndham Hotels & Resorts during the 2nd quarter valued at about $527,234,000. FMR LLC acquired a new position in Wyndham Hotels & Resorts during the 2nd quarter valued at about $464,103,000. Boston Partners acquired a new position in Wyndham Hotels & Resorts during the 2nd quarter valued at about $304,426,000. Iridian Asset Management LLC CT acquired a new position in Wyndham Hotels & Resorts during the 2nd quarter valued at about $270,197,000. Finally, LSV Asset Management acquired a new position in Wyndham Hotels & Resorts during the 2nd quarter valued at about $147,755,000. 86.85% of the stock is currently owned by institutional investors.

In related news, CFO David B. Wyshner bought 3,669 shares of the stock in a transaction dated Thursday, September 6th. The shares were purchased at an average price of $54.52 per share, for a total transaction of $200,033.88. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Geoffrey A. Ballotti bought 10,000 shares of the stock in a transaction dated Monday, August 6th. The stock was bought at an average price of $61.48 per share, for a total transaction of $614,800.00. The disclosure for this purchase can be found here.

Shares of WH stock traded up $0.83 during mid-day trading on Wednesday, reaching $57.07. The stock had a trading volume of 1,510 shares, compared to its average volume of 1,085,189. The company has a debt-to-equity ratio of 1.48, a current ratio of 1.15 and a quick ratio of 1.15. Wyndham Hotels & Resorts Inc has a 1-year low of $53.43 and a 1-year high of $66.95.

Wyndham Hotels & Resorts (NYSE:WH) last announced its quarterly earnings data on Wednesday, August 1st. The company reported $0.73 earnings per share for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.05). The firm had revenue of $435.00 million during the quarter, compared to analyst estimates of $514.63 million. The company’s revenue for the quarter was up 31.4% compared to the same quarter last year. equities analysts predict that Wyndham Hotels & Resorts Inc will post 2.94 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 28th. Stockholders of record on Friday, September 14th will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.75%. The ex-dividend date is Thursday, September 13th.

Several research analysts recently issued reports on the company. Goldman Sachs Group raised Wyndham Hotels & Resorts from a “buy” rating to a “conviction-buy” rating in a research report on Monday, June 25th. Oppenheimer initiated coverage on Wyndham Hotels & Resorts in a research report on Monday, June 4th. They set an “outperform” rating and a $69.00 target price on the stock. Stifel Nicolaus initiated coverage on Wyndham Hotels & Resorts in a report on Monday, June 4th. They issued a “buy” rating and a $68.00 price objective on the stock. Wolfe Research initiated coverage on Wyndham Hotels & Resorts in a report on Friday, June 1st. They issued a “market perform” rating on the stock. Finally, SunTrust Banks initiated coverage on Wyndham Hotels & Resorts in a report on Thursday, June 14th. They issued a “buy” rating and a $71.00 price objective on the stock. One equities research analyst has rated the stock with a sell rating, seven have issued a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $73.29.

Wyndham Hotels & Resorts Profile

Wyndham Hotels & Resorts, Inc operates as a hotel franchisor worldwide. The company licenses its hotel brands, including Super 8, Days Inn, Ramada, Microtel Inn & Suites, La Quinta, Wingate, AmericInn, Hawthorn Suites, The Trademark Collection, and Wyndham to hotel owners in approximately 80 countries.

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

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