Capital Research Global Investors Holds 8.6% Stake in Wyndham Hotels
Ticker: WH · Form: SC 13G/A · Filed: 2024-02-09T00:00:00.000Z
Sentiment: bullish
Topics: institutional-ownership, amendment, hotels, passive-investment
TL;DR
**Capital Research Global Investors owns 8.6% of Wyndham, a bullish sign for the stock!**
AI Summary
Capital Research Global Investors, a Delaware-based investment firm, filed an amended SC 13G/A on February 9, 2024, disclosing its ownership in Wyndham Hotels & Resorts, Inc. As of December 29, 2023, the firm beneficially owned 7,168,527 shares of Wyndham's common stock, representing 8.6% of the company. This filing indicates a significant institutional stake, showing that a major investor believes in Wyndham's long-term prospects, which could reassure current and potential shareholders.
Why It Matters
This filing shows a major institutional investor, Capital Research Global Investors, maintains a significant stake in Wyndham Hotels & Resorts, Inc., signaling their continued confidence in the company's value and future performance.
Risk Assessment
Risk Level: low — This filing indicates a stable, significant institutional ownership, which generally reduces volatility and provides a vote of confidence in the company.
Analyst Insight
A smart investor would view this significant institutional ownership as a positive signal, suggesting confidence in Wyndham's long-term value, and might consider holding or initiating a position in the stock.
Key Numbers
- 7,168,527 — Shares Beneficially Owned (Represents the total number of Wyndham Hotels & Resorts, Inc. common stock shares held by Capital Research Global Investors.)
- 8.6% — Percentage of Class (Indicates the significant ownership stake Capital Research Global Investors has in Wyndham Hotels & Resorts, Inc.)
Key Players & Entities
- Capital Research Global Investors (company) — the investment firm filing the SC 13G/A
- Wyndham Hotels & Resorts, Inc. (company) — the subject company whose shares are being reported
- 7,168,527 (dollar_amount) — the number of shares beneficially owned by Capital Research Global Investors
- 8.6% (dollar_amount) — the percentage of Wyndham Hotels & Resorts, Inc. common stock owned
- December 29, 2023 (date) — the date of the event requiring the filing
Forward-Looking Statements
- Capital Research Global Investors will maintain a significant stake in Wyndham Hotels & Resorts, Inc. for the foreseeable future. (Capital Research Global Investors) — high confidence, target: 2025-12-31
- Wyndham Hotels & Resorts, Inc. stock price will experience stability due to strong institutional backing. (Wyndham Hotels & Resorts, Inc.) — medium confidence, target: 2024-08-09
FAQ
Who filed this SC 13G/A amendment regarding Wyndham Hotels & Resorts, Inc.?
Capital Research Global Investors, a Delaware-based entity with IRS Identification No. 95-1411037, filed this SC 13G/A amendment.
What is the total number of shares of Wyndham Hotels & Resorts, Inc. common stock beneficially owned by Capital Research Global Investors as reported in this filing?
As of December 29, 2023, Capital Research Global Investors beneficially owned 7,168,527 shares of Wyndham Hotels & Resorts, Inc. common stock.
What percentage of Wyndham Hotels & Resorts, Inc.'s common stock does Capital Research Global Investors own, according to this filing?
Capital Research Global Investors beneficially owns 8.6% of the common stock of Wyndham Hotels & Resorts, Inc. as stated in the filing.
What was the 'Date of Event Which Requires Filing of this Statement' for this SC 13G/A?
The 'Date of Event Which Requires Filing of this Statement' was December 29, 2023, as specified on the cover page of the filing.
Under which rule of the Securities Exchange Act of 1934 was this Schedule 13G filed?
This Schedule 13G was filed under Rule 13d-1(b) of the Securities Exchange Act of 1934, as indicated by the checked box on the cover page.
From the Filing
0001422848-24-000056.txt : 20240209 0001422848-24-000056.hdr.sgml : 20240209 20240209174634 ACCESSION NUMBER: 0001422848-24-000056 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240209 DATE AS OF CHANGE: 20240209 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: 24616471 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: Capital Research Global Investors CENTRAL INDEX KEY: 0001422848 ORGANIZATION NAME: IRS NUMBER: 951411037 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 333 SOUTH HOPE STREET STREET 2: 55TH FL CITY: LOS ANGELES STATE: CA ZIP: 90071 BUSINESS PHONE: 213-486-9200 MAIL ADDRESS: STREET 1: 333 SOUTH HOPE STREET STREET 2: 55TH FL CITY: LOS ANGELES STATE: CA ZIP: 90071 SC 13G/A 1 SEC13G_Filing.htm SEC SCHEDULE 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 4 ) * Wyndham Hotels & Resorts, Inc. (Name of Issuer) Common Stock (Title of Class of Securities) 98311A105 (CUSIP Number) December 29, 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 (the "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 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Capital Research Global Investors 95-1411037 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] 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 7,168,527 6. SHARED VOTING POWER 0 7. SOLE DISPOSITIVE POWER 7,168,527 8. SHARED DISPOSITIVE POWER 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 7,168,527 Beneficial ownership disclaimed pursuant to Rule 13d-4 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 8.6% 12. TYPE OF REPORTING PERSON IA Item 1. (a) Name of Issuer Wyndham Hotels & Resorts, Inc. (b) Address of Issuer's Principal Executive Offices 22 Sylvan Way, PARSIPPANY, NJ 07054 Item 2. (a) Name of Person Filing Capital Research Global Investors (b) Address of Principal Business Office or, if None, Residence 333 South Hope Street, 55th Fl, Los Angeles, CA 90071 (c) Citizenship N/A (d) Title of Class of Securities Common Stock (e) CUSIP Number 98311A105 Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a: (a) [ ] Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o). (b) [ ] Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c). (c) [ ] Insurance Company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c). (d) [ ] In