Hotel management

Victory Capital Management Inc. buys 9,451 shares of Wyndham Hotels & Resorts, Inc. (NYSE: WH)


Victory Capital Management Inc. increased its stake in Wyndham Hotels & Resorts, Inc. (NYSE: WH – Get Rating) by 86.1% during the first quarter, according to its latest 13F filing with the Securities and Exchange Commission (SEC). ). The fund held 20,432 shares of the company after acquiring an additional 9,451 shares during the period. Victory Capital Management Inc.’s holdings in Wyndham Hotels & Resorts were worth $1,797,000 at the end of the last quarter.

A number of other institutional investors and hedge funds have also recently changed their positions in WH. Daiwa Securities Group Inc. acquired a new stake in Wyndham Hotels & Resorts stock in Q4 worth approximately $377,000. Mutual of America Capital Management LLC increased its stake in Wyndham Hotels & Resorts by 1.1% in the fourth quarter. Mutual of America Capital Management LLC now owns 83,338 shares of the company valued at $7,471,000 after purchasing an additional 882 shares in the last quarter. Virginia Retirement Systems ET AL increased its stake in Wyndham Hotels & Resorts by 158.8% in the 4th quarter. Virginia Retirement Systems ET AL now owns 8,800 shares of the company valued at $789,000 after purchasing an additional 5,400 shares in the last quarter. Advisor Group Holdings Inc. increased its stake in Wyndham Hotels & Resorts by 4.6% in the fourth quarter. Advisor Group Holdings Inc. now owns 12,156 shares of the company valued at $1,090,000 after purchasing an additional 531 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. increased its stake in Wyndham Hotels & Resorts by 3.6% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 16,037 shares of the company valued at $1,438,000 after buying 561 additional shares in the last quarter. Institutional investors and hedge funds hold 92.63% of the company’s shares.

Analyst upgrades and downgrades

Several equity research analysts have commented on WH shares. StockNews.com downgraded Wyndham Hotels & Resorts shares from a “buy” rating to a “hold” rating in a Wednesday, June 29 research note. Stifel Nicolaus lowered his price target on Wyndham Hotels & Resorts shares from $99.00 to $85.50 in a Wednesday July 6 research note. Robert W. Baird cut his price target on Wyndham Hotels & Resorts stock from $96.00 to $88.00 in a Friday, July 29 research note. Finally, Barclays launched a hedge on the shares of Wyndham Hotels & Resorts in a research note on Tuesday, June 28. They set an “equal weight” rating and a price target of $77.00 for the company. Two equity research analysts rated the stock with a hold rating and five gave the stock a buy rating. According to data from MarketBeat, Wyndham Hotels & Resorts currently has an average rating of “Moderate Buy” and a consensus target price of $87.75.

Insider buying and selling

In related news, General Counsel Paul F. Cash sold 30,331 shares of the company in a trade that took place on Wednesday, June 1. The shares were sold at an average price of $79.94, for a total value of $2,424,660.14. Following the completion of the transaction, the General Counsel now directly owns 11,680 shares of the company, valued at approximately $933,699.20. The transaction was disclosed in a legal filing with the SEC, accessible via this link. 1.91% of the shares are held by insiders.

Wyndham Hotels & Resorts trades down 3.2%

Shares of WH opened at $71.08 on Friday. The company has a 50-day moving average of $68.87 and a 200-day moving average of $78.52. The company has a quick ratio of 1.95, a current ratio of 1.95 and a leverage ratio of 1.89. Wyndham Hotels & Resorts, Inc. has a 12 month minimum of $62.89 and a 12 month maximum of $93.86. The company has a market capitalization of $6.42 billion, a P/E ratio of 18.95, a PEG ratio of 1.84 and a beta of 1.48.

Wyndham Hotels & Resorts Company Profile

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Wyndham Hotels & Resorts, Inc operates as a franchisor of hotels worldwide. It operates through the hotel franchise and hotel management segments. The Hotel Franchise segment licenses its lodging brands and provides related services to third-party hotel owners and others. The Hotel Management segment provides hotel management services for full-service and limited-service hotels.

See also

Want to see what other hedge funds hold WH? Visit HoldingsChannel.com for the latest 13F filings and insider trading for Wyndham Hotels & Resorts, Inc. (NYSE:WH – Get Rating).

Institutional ownership by quarter for Wyndham Hotels & Resorts (NYSE: WH)



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