Three Peaks Capital Management LLC Purchases 16,951 Shares of Wyndham Hotels & Resorts Inc (NYSE:WH)

Three Peaks Capital Management LLC boosted its position in Wyndham Hotels & Resorts Inc (NYSE:WH) by 19.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 102,068 shares of the company’s stock after buying an additional 16,951 shares during the quarter. Wyndham Hotels & Resorts makes up about 1.7% of Three Peaks Capital Management LLC’s holdings, making the stock its 7th biggest position. Three Peaks Capital Management LLC’s holdings in Wyndham Hotels & Resorts were worth $6,411,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of WH. Millennium Management LLC grew its position in Wyndham Hotels & Resorts by 19,144.3% in the 3rd quarter. Millennium Management LLC now owns 1,852,842 shares of the company’s stock worth $95,866,000 after purchasing an additional 1,843,214 shares during the last quarter. Massachusetts Financial Services Co. MA grew its position in Wyndham Hotels & Resorts by 82.7% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 1,913,172 shares of the company’s stock worth $98,987,000 after purchasing an additional 866,137 shares during the last quarter. Invesco Ltd. grew its position in Wyndham Hotels & Resorts by 114.7% in the 2nd quarter. Invesco Ltd. now owns 1,268,421 shares of the company’s stock worth $70,702,000 after purchasing an additional 677,607 shares during the last quarter. Point72 Asset Management L.P. acquired a new stake in Wyndham Hotels & Resorts in the 2nd quarter worth $29,691,000. Finally, Nuveen Asset Management LLC acquired a new stake in Wyndham Hotels & Resorts in the 2nd quarter worth $26,401,000. Institutional investors and hedge funds own 91.33% of the company’s stock.

In related news, insider Thomas Hunter Barber sold 3,091 shares of Wyndham Hotels & Resorts stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $57.62, for a total transaction of $178,103.42. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Chairman Stephen P. Holmes sold 25,000 shares of Wyndham Hotels & Resorts stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $54.88, for a total transaction of $1,372,000.00. The disclosure for this sale can be found here. 1.90% of the stock is currently owned by insiders.

Several analysts have issued reports on the stock. ValuEngine lowered shares of Wyndham Hotels & Resorts from a “hold” rating to a “sell” rating in a research report on Friday, October 4th. Zacks Investment Research upgraded shares of Wyndham Hotels & Resorts from a “strong sell” rating to a “hold” rating in a research report on Saturday, January 11th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have assigned a buy rating to the company. Wyndham Hotels & Resorts currently has an average rating of “Buy” and a consensus target price of $65.13.

Shares of Wyndham Hotels & Resorts stock traded up $0.34 during trading on Friday, hitting $61.19. 6,207 shares of the company’s stock traded hands, compared to its average volume of 700,827. The company has a debt-to-equity ratio of 1.70, a current ratio of 1.14 and a quick ratio of 1.14. The firm’s fifty day moving average price is $60.29 and its 200 day moving average price is $55.70. Wyndham Hotels & Resorts Inc has a twelve month low of $48.09 and a twelve month high of $63.66. The company has a market cap of $5.70 billion, a PE ratio of 22.57, a PEG ratio of 1.52 and a beta of 1.15.

Wyndham Hotels & Resorts (NYSE:WH) last issued its earnings results on Tuesday, October 29th. The company reported $1.10 earnings per share for the quarter, beating the consensus estimate of $1.00 by $0.10. Wyndham Hotels & Resorts had a net margin of 6.47% and a return on equity of 22.24%. The business had revenue of $560.00 million for the quarter, compared to analyst estimates of $576.90 million. During the same period in the previous year, the business earned $0.85 EPS. The firm’s revenue was down 7.3% on a year-over-year basis. As a group, equities research analysts anticipate that Wyndham Hotels & Resorts Inc will post 3.27 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Friday, December 13th were given a dividend of $0.29 per share. The ex-dividend date was Thursday, December 12th. This represents a $1.16 annualized dividend and a dividend yield of 1.90%. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is currently 42.80%.

About Wyndham Hotels & Resorts

Wyndham Hotels & Resorts, Inc operates as a hotel franchisor worldwide. The company licenses its hotel brands, including Super 8, Days Inn, Ramada, Microtel Inn & Suites, La Quinta, Wingate, AmericInn, Hawthorn Suites, The Trademark Collection, and Wyndham to hotel owners in approximately 80 countries.

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Institutional Ownership by Quarter for Wyndham Hotels & Resorts (NYSE:WH)

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