Venture Visionary Partners LLC Buys New Stake in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Venture Visionary Partners LLC bought a new stake in Wyndham Hotels & Resorts, Inc. (NYSE:WH) during the third quarter, according to its most recent disclosure with the SEC. The firm bought 2,675 shares of the company’s stock, valued at approximately $209,000.

A number of other hedge funds have also recently modified their holdings of WH. GAMMA Investing LLC grew 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 valued at $34,000 after buying an additional 207 shares during the last quarter. Blue Trust Inc. increased its holdings in shares of Wyndham Hotels & Resorts by 1,245.1% in 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. Family Firm Inc. acquired a new position in shares of Wyndham Hotels & Resorts in the second quarter valued at approximately $67,000. International Assets Investment Management LLC acquired a new position in shares of Wyndham Hotels & Resorts in the second quarter valued at approximately $70,000. Finally, Concord Wealth Partners increased its holdings in shares of Wyndham Hotels & Resorts by 70.8% in the first quarter. Concord Wealth Partners now owns 1,023 shares of the company’s stock valued at $79,000 after purchasing an additional 424 shares during the period. 93.46% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Wyndham Hotels & Resorts

In other news, insider Monica Melancon sold 5,040 shares of the company’s stock in a transaction on Friday, September 6th. The stock was sold at an average price of $77.66, for a total value of $391,406.40. Following the sale, the insider now directly owns 10,606 shares in the company, valued at $823,661.96. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, insider Monica Melancon sold 5,040 shares of the company’s stock in a transaction on Friday, September 6th. The stock was sold at an average price of $77.66, for a total value of $391,406.40. Following the sale, the insider now directly owns 10,606 shares in the company, valued at $823,661.96. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Nicola Rossi sold 7,297 shares of the company’s stock in a transaction on Friday, July 26th. The shares were sold at an average price of $76.70, for a total value of $559,679.90. Following the completion of the sale, the chief accounting officer now owns 4,107 shares in the company, valued at $315,006.90. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 12,640 shares of company stock valued at $974,351. Insiders own 2.79% of the company’s stock.

Analyst Upgrades and Downgrades

WH has been the topic of a number of recent research reports. The Goldman Sachs Group initiated coverage on Wyndham Hotels & Resorts in a report on Wednesday, September 18th. They issued a “buy” rating and a $96.00 target price on the stock. StockNews.com raised Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a report on Tuesday. Truist Financial dropped their price objective on Wyndham Hotels & Resorts from $104.00 to $103.00 and set a “buy” rating on the stock in a report on Monday, October 14th. Barclays upped their price objective on Wyndham Hotels & Resorts from $88.00 to $90.00 and gave the stock an “overweight” rating in a report on Friday, July 26th. Finally, Robert W. Baird set a $92.00 price objective on Wyndham Hotels & Resorts in a report on Thursday, October 17th. Two equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, Wyndham Hotels & Resorts currently has an average rating of “Moderate Buy” and a consensus price target of $91.14.

Wyndham Hotels & Resorts Stock Down 2.4 %

Wyndham Hotels & Resorts stock opened at $81.39 on Thursday. The company has a debt-to-equity ratio of 3.83, a quick ratio of 0.90 and a current ratio of 0.90. The firm has a market capitalization of $6.56 billion, a price-to-earnings ratio of 28.86, a price-to-earnings-growth ratio of 2.87 and a beta of 1.33. Wyndham Hotels & Resorts, Inc. has a fifty-two week low of $67.67 and a fifty-two week high of $83.38. The stock’s fifty day moving average is $78.68 and its two-hundred day moving average is $74.75.

Wyndham Hotels & Resorts (NYSE:WH) last posted its earnings results on Wednesday, July 24th. The company reported $1.13 earnings per share for the quarter, beating the consensus estimate of $1.03 by $0.10. The company had revenue of $367.00 million for the quarter, compared to analyst estimates of $370.58 million. Wyndham Hotels & Resorts had a return on equity of 47.05% and a net margin of 18.28%. Wyndham Hotels & Resorts’s revenue was up 1.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.93 earnings per share. Analysts predict that Wyndham Hotels & Resorts, Inc. will post 4.26 EPS for the current fiscal year.

Wyndham Hotels & Resorts Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Friday, September 13th were issued a $0.38 dividend. This represents a $1.52 annualized dividend and a yield of 1.87%. The ex-dividend date of this dividend was Friday, September 13th. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is 53.90%.

About Wyndham Hotels & Resorts

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.