Nomura Holdings Inc. Purchases Shares of 4,092 Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Nomura Holdings Inc. purchased a new stake in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 4,092 shares of the company’s stock, valued at approximately $329,000.

Several other institutional investors have also added to or reduced their stakes in WH. HighTower Advisors LLC grew its holdings in Wyndham Hotels & Resorts by 85.9% during the 3rd quarter. HighTower Advisors LLC now owns 14,822 shares of the company’s stock valued at $1,029,000 after buying an additional 6,850 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of Wyndham Hotels & Resorts by 5.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 49,629 shares of the company’s stock worth $3,451,000 after purchasing an additional 2,383 shares during the period. FMR LLC boosted its holdings in shares of Wyndham Hotels & Resorts by 2.7% in the 3rd quarter. FMR LLC now owns 2,492,340 shares of the company’s stock worth $173,317,000 after purchasing an additional 64,925 shares during the period. Invesco Ltd. boosted its holdings in shares of Wyndham Hotels & Resorts by 55.2% in the 3rd quarter. Invesco Ltd. now owns 1,337,980 shares of the company’s stock worth $93,043,000 after purchasing an additional 475,682 shares during the period. Finally, Covestor Ltd boosted its holdings in shares of Wyndham Hotels & Resorts by 68.3% in the 3rd quarter. Covestor Ltd now owns 813 shares of the company’s stock worth $57,000 after purchasing an additional 330 shares during the period. Hedge funds and other institutional investors own 93.46% of the company’s stock.

Insider Buying and Selling at Wyndham Hotels & Resorts

In other Wyndham Hotels & Resorts news, CEO Geoffrey A. Ballotti sold 196,279 shares of Wyndham Hotels & Resorts stock in a transaction on Wednesday, May 1st. The stock was sold at an average price of $73.36, for a total transaction of $14,399,027.44. Following the completion of the sale, the chief executive officer now directly owns 377,712 shares of the company’s stock, valued at approximately $27,708,952.32. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In other news, CEO Geoffrey A. Ballotti sold 196,279 shares of Wyndham Hotels & Resorts stock in a transaction on Wednesday, May 1st. The stock was sold at an average price of $73.36, for a total value of $14,399,027.44. Following the transaction, the chief executive officer now directly owns 377,712 shares in the company, valued at approximately $27,708,952.32. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Scott R. Strickland sold 4,040 shares of Wyndham Hotels & Resorts stock in a transaction on Friday, May 24th. The shares were sold at an average price of $69.46, for a total value of $280,618.40. Following the completion of the transaction, the insider now owns 28,722 shares in the company, valued at $1,995,030.12. The disclosure for this sale can be found here. Insiders sold a total of 206,933 shares of company stock valued at $15,130,227 in the last ninety days. Corporate insiders own 2.79% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. StockNews.com assumed coverage on Wyndham Hotels & Resorts in a report on Saturday. They issued a “hold” rating for the company. Barclays lifted their target price on Wyndham Hotels & Resorts from $87.00 to $88.00 and gave the stock an “overweight” rating in a report on Friday, April 26th. Robert W. Baird lifted their target price on Wyndham Hotels & Resorts from $86.00 to $88.00 and gave the stock an “outperform” rating in a report on Friday, April 26th. Finally, Susquehanna initiated coverage on Wyndham Hotels & Resorts in a report on Friday. They issued a “neutral” rating and a $80.00 target price for the company. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $87.00.

Wyndham Hotels & Resorts Price Performance

Shares of WH stock opened at $73.76 on Friday. Wyndham Hotels & Resorts, Inc. has a 52-week low of $65.54 and a 52-week high of $81.73. The company has a debt-to-equity ratio of 3.27, a quick ratio of 0.70 and a current ratio of 0.70. The firm has a market capitalization of $5.94 billion, a P/E ratio of 26.16, a P/E/G ratio of 2.55 and a beta of 1.33. The stock has a 50 day moving average price of $71.54 and a 200 day moving average price of $75.82.

Wyndham Hotels & Resorts (NYSE:WH) last issued its earnings results on Wednesday, April 24th. The company reported $0.78 earnings per share for the quarter, beating analysts’ consensus estimates of $0.75 by $0.03. The business had revenue of $305.00 million during the quarter, compared to analyst estimates of $308.24 million. Wyndham Hotels & Resorts had a return on equity of 41.83% and a net margin of 17.19%. Wyndham Hotels & Resorts’s revenue was down 2.6% on a year-over-year basis. During the same period in the previous year, the company posted $0.86 EPS. As a group, sell-side analysts predict that Wyndham Hotels & Resorts, Inc. will post 4.25 earnings per share for the current year.

Wyndham Hotels & Resorts Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be given a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a yield of 2.06%. The ex-dividend date is Friday, June 14th. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is presently 53.90%.

About Wyndham Hotels & Resorts

Wyndham Hotels & Resorts, Inc operates as a hotel franchisor in the United States and internationally. It operates through Hotel Franchising and Hotel Management segments. The Hotel Franchising segment licenses its lodging brands and provides related services to third-party hotel owners and others.