Advisor Group Holdings Inc. increased its stake in the shares of Wyndham Hotels & Resorts, Inc. (NYSE: WH – Get an assessment) by 1.4% in Q1, according to the company in its latest 13F filing with the Securities and Exchange Commission. The company held 12,323 shares of the company after acquiring an additional 167 shares during the period. Advisor Group Holdings Inc.’s holdings in Wyndham Hotels & Resorts were worth $3,414,000 at the end of the last quarter.
Other institutional investors and hedge funds also bought and sold shares of the company. Prospera Financial Services Inc acquired a new position in Wyndham Hotels & Resorts stock in Q1 worth $26,000. Lloyd Advisory Services LLC. acquired a new position in Wyndham Hotels & Resorts stock in Q1 worth $27,000. Glassman Wealth Services increased its stake in Wyndham Hotels & Resorts shares by 123.9% in the fourth quarter. Glassman Wealth Services now owns 365 shares of the company valued at $33,000 after purchasing an additional 202 shares during the period. Allegheny Financial Group LTD acquired a new position in Wyndham Hotels & Resorts shares in Q4 worth $33,000. Finally, Sageworth Trust Co of South Dakota acquired a new position in Wyndham Hotels & Resorts stock in Q4 worth $35,000. 92.63% of the shares are currently held by institutional investors and hedge funds.
Wyndham Hotel and Resort Price Performance
Wyndham Hotels & Resorts Shares opened at $68.89 on Friday. Wyndham Hotels & Resorts, Inc. has a 52-week minimum of $62.89 and a 52-week maximum of $93.86. The company has a market capitalization of $6.22 billion, a price/earnings ratio of 18.37, a PEG ratio of 1.83 and a beta of 1.48. The company has a fifty-day simple moving average of $69.06 and a 200-day simple moving average of $78.60. The company has a quick ratio of 1.95, a current ratio of 1.95 and a leverage ratio of 1.89.
Insider Trading at Wyndham Hotels & Resorts
In other news, the General Counsel Paul F Cash sold 30,331 shares of the company in a trade on Wednesday, June 1. The shares were sold at an average price of $79.94, for a total transaction of $2,424,660.14. Following the completion of the sale, the General Counsel now owns 11,680 shares of the company, valued at $933,699.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available via this link. Insiders own 1.91% of the shares of the company.
Changes to analyst ratings
Several research companies have recently published reports on WH. Stifel Nicolaus lowered his price target on Wyndham Hotels & Resorts shares from $99.00 to $85.50 in a Wednesday July 6 research note. StockNews.com cut Wyndham Hotels & Resorts shares from a “buy” rating to a “hold” rating in a Wednesday, June 29 research report. Barclays launched a hedge on Wyndham Hotels & Resorts shares in a research report on Tuesday, June 28. They set an “equal weight” rating and a price target of $77.00 for the company. Finally, Robert W. Baird cut his price target on Wyndham Hotels & Resorts stock from $96.00 to $88.00 in a Friday, July 29 research report. Two research analysts gave the stock a hold rating and five gave the company a buy rating. Based on MarketBeat data, Wyndham Hotels & Resorts currently has an average rating of “Moderate Buy” and a consensus target price of $87.75.
Wyndham Hotels & Resorts Company Profile
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.
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