Pinestone Asset Management Reduces $11M in Wyndham Hotels & Resorts, Inc. ($WH)
Key Points
- Pinestone Asset Management changed its Wyndham Hotels & Resorts, Inc. ($WH) stake by 91.6% last quarter, cutting to 13,150 shares worth $1.04 million.
- Wall Street's consensus rating on $WH is Buy and an average price target of $100.18.
- $WH last traded around $79.39.
Pinestone Asset Management reduced its position in Wyndham Hotels & Resorts, Inc. ($WH) by 91.6% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 13,150 shares of Wyndham Hotels & Resorts, Inc. after selling 143,500 shares during the quarter. Pinestone Asset Management's holdings in Wyndham Hotels & Resorts, Inc. were worth $1.04 million as of its most recent filing.
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About Wyndham Hotels & Resorts, Inc.
Wyndham Hotels & Resorts, Inc. is the world's largest hotel franchising company by the number of franchised properties, with approximately 8,300 hotels across approximately 100 countries on six continents. Through its network of over 855,000 rooms appealing to the everyday traveler, Wyndham commands a leading presence in the economy and midscale segments of the lodging industry. The Company operates a portfolio of 25 hotel brands, including Super 8, Days Inn, Ramada, Microtel, La Quinta, Baymont, Wingate, AmericInn, ECHO Suites, Registry Collection Hotels, Trademark Collection and Wyndham. Wyndham Hotels & Resorts, Inc. was incorporated in 2017 and is headquartered in Parsippany, New Jersey.
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