Crossmark Global Holdings Inc. Grows Stock Position in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Crossmark Global Holdings Inc. raised its stake in Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 2.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,674 shares of the company’s stock after purchasing an additional 147 shares during the period. Crossmark Global Holdings Inc.’s holdings in Wyndham Hotels & Resorts were worth $443,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. SG Americas Securities LLC grew its stake in shares of Wyndham Hotels & Resorts by 205.6% during the first quarter. SG Americas Securities LLC now owns 6,861 shares of the company’s stock worth $527,000 after purchasing an additional 4,616 shares in the last quarter. State Board of Administration of Florida Retirement System boosted its position in shares of Wyndham Hotels & Resorts by 6.4% during the 1st quarter. State Board of Administration of Florida Retirement System now owns 109,872 shares of the company’s stock worth $8,433,000 after acquiring an additional 6,638 shares in the last quarter. Vanguard Group Inc. increased its holdings in shares of Wyndham Hotels & Resorts by 7.5% in the 1st quarter. Vanguard Group Inc. now owns 8,311,078 shares of the company’s stock valued at $637,875,000 after acquiring an additional 581,909 shares during the last quarter. Thornburg Investment Management Inc. raised its position in shares of Wyndham Hotels & Resorts by 0.4% during the 1st quarter. Thornburg Investment Management Inc. now owns 134,361 shares of the company’s stock worth $10,299,000 after acquiring an additional 601 shares in the last quarter. Finally, Burgundy Asset Management Ltd. lifted its stake in Wyndham Hotels & Resorts by 1.4% during the first quarter. Burgundy Asset Management Ltd. now owns 1,293,916 shares of the company’s stock worth $99,308,000 after purchasing an additional 17,766 shares during the last quarter. Hedge funds and other institutional investors own 93.46% of the company’s stock.

Wyndham Hotels & Resorts Stock Up 0.1 %

Wyndham Hotels & Resorts stock opened at $96.79 on Friday. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 4.19. The stock has a market capitalization of $7.53 billion, a price-to-earnings ratio of 30.73, a PEG ratio of 2.45 and a beta of 1.31. The stock has a 50 day moving average of $84.04 and a two-hundred day moving average of $77.18. Wyndham Hotels & Resorts, Inc. has a twelve month low of $67.67 and a twelve month high of $98.73.

Wyndham Hotels & Resorts (NYSE:WH) last issued its quarterly earnings results on Wednesday, October 23rd. The company reported $1.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.38 by $0.01. Wyndham Hotels & Resorts had a net margin of 18.29% and a return on equity of 51.79%. The business had revenue of $396.00 million for the quarter, compared to analyst estimates of $408.32 million. During the same period in the previous year, the business posted $1.31 earnings per share. The business’s revenue was down 1.5% compared to the same quarter last year. As a group, research analysts expect that Wyndham Hotels & Resorts, Inc. will post 4.3 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on WH shares. Stifel Nicolaus raised their price objective on shares of Wyndham Hotels & Resorts from $91.00 to $92.00 and gave the stock a “buy” rating in a report on Thursday, October 24th. Barclays lifted their price target on shares of Wyndham Hotels & Resorts from $90.00 to $100.00 and gave the stock an “overweight” rating in a research note on Friday, October 25th. The Goldman Sachs Group assumed coverage on shares of Wyndham Hotels & Resorts in a research note on Wednesday, September 18th. They issued a “buy” rating and a $96.00 price objective for the company. Truist Financial lifted their target price on Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. Finally, Oppenheimer raised their price target on Wyndham Hotels & Resorts from $90.00 to $115.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 12th. Two research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat, Wyndham Hotels & Resorts currently has an average rating of “Moderate Buy” and an average target price of $97.86.

Insider Transactions at Wyndham Hotels & Resorts

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

Wyndham Hotels & Resorts Company 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.