5,174,675 Shares in Wyndham Hotels & Resorts Inc (WH) Acquired by Boston Partners

Boston Partners bought a new stake in Wyndham Hotels & Resorts Inc (NYSE:WH) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 5,174,675 shares of the company’s stock, valued at approximately $304,426,000. Boston Partners owned 5.20% of Wyndham Hotels & Resorts at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Squar Milner Financial Services LLC purchased a new position in shares of Wyndham Hotels & Resorts in the second quarter valued at $115,000. CENTRAL TRUST Co purchased a new position in shares of Wyndham Hotels & Resorts in the second quarter valued at $134,000. Factorial Partners LLC purchased a new position in shares of Wyndham Hotels & Resorts in the second quarter valued at $188,000. Duncker Streett & Co. Inc. purchased a new position in shares of Wyndham Hotels & Resorts in the second quarter valued at $202,000. Finally, First Quadrant L P CA purchased a new position in shares of Wyndham Hotels & Resorts in the second quarter valued at $224,000. Institutional investors and hedge funds own 5.48% of the company’s stock.

In related news, insider Geoffrey A. Ballotti acquired 10,000 shares of Wyndham Hotels & Resorts stock in a transaction on Monday, August 6th. The shares were purchased at an average cost of $61.48 per share, for a total transaction of $614,800.00. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Thomas Hunter Barber sold 879 shares of the stock in a transaction on Wednesday, August 8th. The shares were sold at an average price of $60.07, for a total transaction of $52,801.53. The disclosure for this sale can be found here.

NYSE WH opened at $56.87 on Friday. Wyndham Hotels & Resorts Inc has a 12 month low of $55.87 and a 12 month high of $66.95. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 0.06.

Wyndham Hotels & Resorts (NYSE:WH) last posted its quarterly earnings data on Wednesday, August 1st. The company reported $0.73 EPS for the quarter, missing the Zacks’ consensus estimate of $0.78 by ($0.05). The business had revenue of $435.00 million for the quarter, compared to analysts’ expectations of $514.63 million. The business’s quarterly revenue was up 31.4% compared to the same quarter last year. equities research analysts expect that Wyndham Hotels & Resorts Inc will post 3.08 earnings per share for the current year.

Several research analysts have recently weighed in on WH shares. Jefferies Financial Group started coverage on shares of Wyndham Hotels & Resorts in a research note on Thursday, May 31st. They issued a “buy” rating and a $80.00 target price for the company. Goldman Sachs Group started coverage on shares of Wyndham Hotels & Resorts in a research note on Monday, June 4th. They issued a “buy” rating and a $82.00 target price for the company. Oppenheimer started coverage on shares of Wyndham Hotels & Resorts in a research note on Monday, June 4th. They issued an “outperform” rating and a $69.00 target price for the company. Wolfe Research started coverage on shares of Wyndham Hotels & Resorts in a research note on Friday, June 1st. They issued a “market perform” rating for the company. Finally, Stifel Nicolaus assumed coverage on shares of Wyndham Hotels & Resorts in a research note on Monday, June 4th. They issued a “buy” rating and a $68.00 target price for the company. One investment analyst has rated the stock with a sell rating, six have given a buy rating and one has issued a strong buy rating to the company’s stock. Wyndham Hotels & Resorts currently has a consensus rating of “Buy” and an average target price of $72.67.

Wyndham Hotels & Resorts Company Profile

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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