Wyndham Hotels & Resorts, Inc. (NYSE:WH) Position Boosted by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans lifted its holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 40.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,747,295 shares of the company’s stock after purchasing an additional 506,593 shares during the period. Thrivent Financial for Lutherans owned about 2.25% of Wyndham Hotels & Resorts worth $136,533,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Crossmark Global Holdings Inc. grew its position in Wyndham Hotels & Resorts by 2.7% in the third quarter. Crossmark Global Holdings Inc. now owns 5,674 shares of the company’s stock worth $443,000 after buying an additional 147 shares during the last quarter. PFG Investments LLC grew its holdings in shares of Wyndham Hotels & Resorts by 4.4% in the 2nd quarter. PFG Investments LLC now owns 3,667 shares of the company’s stock worth $271,000 after acquiring an additional 155 shares during the last quarter. Equitable Trust Co. lifted its holdings in shares of Wyndham Hotels & Resorts by 1.9% during the third quarter. Equitable Trust Co. now owns 9,160 shares of the company’s stock valued at $716,000 after purchasing an additional 174 shares during the last quarter. State of Alaska Department of Revenue boosted its position in shares of Wyndham Hotels & Resorts by 1.9% in the 3rd quarter. State of Alaska Department of Revenue now owns 9,176 shares of the company’s stock valued at $717,000 after purchasing an additional 175 shares during the period. Finally, GAMMA Investing LLC increased its stake in Wyndham Hotels & Resorts by 80.9% in the 2nd quarter. GAMMA Investing LLC now owns 463 shares of the company’s stock worth $34,000 after purchasing an additional 207 shares in the last quarter. 93.46% of the stock is currently owned by institutional investors.

Wyndham Hotels & Resorts Stock Up 0.1 %

WH stock opened at $96.79 on Friday. The firm has a market cap of $7.53 billion, a PE ratio of 30.73, a PEG ratio of 2.45 and a beta of 1.31. Wyndham Hotels & Resorts, Inc. has a 1 year low of $67.67 and a 1 year high of $98.73. The company has a fifty day simple moving average of $84.04 and a 200 day simple moving average of $77.18. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 4.19.

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

Analysts Set New Price Targets

WH has been the topic of several analyst reports. Stifel Nicolaus lifted their target price on shares of Wyndham Hotels & Resorts from $91.00 to $92.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. Truist Financial boosted their target price on shares of Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the company a “buy” rating in a research note on Friday, October 25th. Barclays raised their target price on Wyndham Hotels & Resorts from $90.00 to $100.00 and gave the stock an “overweight” rating in a research report on Friday, October 25th. StockNews.com raised Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a research report on Friday, November 1st. Finally, Oppenheimer increased their price target on shares of Wyndham Hotels & Resorts from $90.00 to $115.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 12th. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat, Wyndham Hotels & Resorts has an average rating of “Moderate Buy” and an average target price of $97.86.

Insiders Place Their Bets

In other Wyndham Hotels & Resorts news, insider Scott R. Strickland sold 2,850 shares of Wyndham Hotels & Resorts stock in a transaction that occurred on Tuesday, November 5th. The stock was sold at an average price of $88.14, for a total value of $251,199.00. Following the transaction, the insider now directly owns 26,062 shares of the company’s stock, valued at $2,297,104.68. The trade was a 9.86 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Monica Melancon sold 5,040 shares of the stock in a transaction that occurred on Friday, September 6th. The shares were 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 directly owns 10,606 shares of the company’s stock, valued at $823,661.96. This represents a 32.21 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 102,890 shares of company stock valued at $9,273,255 over the last 90 days. 2.79% of the stock is currently owned by company insiders.

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.