BlackRock Amends Wyndham Hotels Stake, Maintains Passive Position

TL;DR

**BlackRock still owns a big chunk of Wyndham, signaling long-term confidence.**

AI Summary

BlackRock Inc. has filed an amendment to its Schedule 13G, indicating its ownership in Wyndham Hotels & Resorts, Inc. as of December 31, 2023. This filing, Amendment No. 5, shows BlackRock's continued significant passive stake in the hotel company. This matters to investors because BlackRock is a major institutional investor, and its continued holding signals confidence in Wyndham's long-term prospects, potentially influencing other investors' perceptions of the stock.

Why It Matters

BlackRock's consistent, large ownership stake in Wyndham Hotels & Resorts, Inc. suggests institutional confidence, which can be a positive signal for current and prospective shareholders.

Risk Assessment

Risk Level: low — This filing indicates a passive ownership stake by a major institutional investor, which generally reduces volatility and signals stability.

Analyst Insight

Investors should note BlackRock's continued passive stake as a sign of institutional stability, but this filing alone doesn't suggest an immediate catalyst for price movement. It's a routine update on a significant, but passive, holding.

Key Players & Entities

• BlackRock Inc. (company) — the reporting person and institutional investor
• Wyndham Hotels & Resorts, Inc. (company) — the subject company whose shares are being reported
• December 31, 2023 (date) — the date of the event requiring this filing
• Amendment No. 5 (number) — the specific amendment number for this filing

FAQ

From the Filing

0001086364-24-003265.txt : 20240125 0001086364-24-003265.hdr.sgml : 20240125 20240125134852 ACCESSION NUMBER: 0001086364-24-003265 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240125 DATE AS OF CHANGE: 20240125 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: WYNDHAM HOTELS & RESORTS, INC. CENTRAL INDEX KEY: 0001722684 STANDARD INDUSTRIAL CLASSIFICATION: HOTELS & MOTELS [7011] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 823356232 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-90832 FILM NUMBER: 24561070 BUSINESS ADDRESS: STREET 1: 22 SYLVAN WAY CITY: PARSIPPANY STATE: NJ ZIP: 07054 BUSINESS PHONE: 973-753-7791 MAIL ADDRESS: STREET 1: 22 SYLVAN WAY CITY: PARSIPPANY STATE: NJ ZIP: 07054 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc. CENTRAL INDEX KEY: 0001364742 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] ORGANIZATION NAME: 02 Finance IRS NUMBER: 320174431 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 BUSINESS PHONE: 212-810-5300 MAIL ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 FORMER COMPANY: FORMER CONFORMED NAME: BlackRock, Inc. DATE OF NAME CHANGE: 20060929 FORMER COMPANY: FORMER CONFORMED NAME: New BlackRock, Inc. DATE OF NAME CHANGE: 20060601 SC 13G/A 1 us98311a1051_012524.txt us98311a1051_012524.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 5) WYNDHAM HOTELS AND RESORTS INC -------------------------------------------------------- (Name of Issuer) Common Stock -------------------------------------------------------- (Title of Class of Securities) 98311A105 -------------------------------------------------------- (CUSIP Number) December 31, 2023 -------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 98311A105 (1)Names of reporting persons. BlackRock, Inc. (2) Check the appropriate box if a member of a group (a) [ ] (b) [X] (3) SEC use only (4) Citizenship or place of organization Delaware Number of shares beneficially owned by each reporting person with: (5) Sole voting power 6851405 (6) Shared voting power 0 (7) Sole dispositive power 7084595 (8) Shared dispositive power 0 (9) Aggregate amount beneficially owned by each reporting person 7084595 (10) Check if the aggregate amount in Row (9) excludes certain shares (11) Percent of class represented by amount in Row 9 8.5% (12) Type of reporting person HC Item 1. Item 1(a) Name of issuer: ----------------------------------------------------------------------- WYNDHAM HOTELS AND RESORTS INC Item 1(b) Address of issuer's principal executive offices: ----------------------------------------------------------------------- 22 SYLVAN WAY PARSIPPANY NJ 07054 Item 2. 2(a) Name of person filing: ---------------------------------------------------------------------- BlackRock, Inc. 2(b) Address or principal business office or, if none, residence: -----------------------