Natixis Advisors LLC Raises Holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Natixis Advisors LLC grew its stake in Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 37.7% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 34,537 shares of the company’s stock after buying an additional 9,463 shares during the quarter. Natixis Advisors LLC’s holdings in Wyndham Hotels & Resorts were worth $2,699,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Assetmark Inc. purchased a new position in Wyndham Hotels & Resorts in the third quarter valued at $30,000. GAMMA Investing LLC raised its position in shares of Wyndham Hotels & Resorts by 80.9% during the 2nd quarter. GAMMA Investing LLC now owns 463 shares of the company’s stock worth $34,000 after acquiring an additional 207 shares in the last quarter. Concord Wealth Partners lifted its stake in Wyndham Hotels & Resorts by 115.5% during the third quarter. Concord Wealth Partners now owns 543 shares of the company’s stock worth $42,000 after purchasing an additional 291 shares during the last quarter. Blue Trust Inc. boosted its holdings in Wyndham Hotels & Resorts by 1,245.1% in the second quarter. Blue Trust Inc. now owns 686 shares of the company’s stock valued at $53,000 after purchasing an additional 635 shares in the last quarter. Finally, Family Firm Inc. purchased a new position in Wyndham Hotels & Resorts in the second quarter valued at approximately $67,000. 93.46% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Wyndham Hotels & Resorts

In other Wyndham Hotels & Resorts news, insider Monica Melancon sold 5,040 shares of the stock in a transaction on Friday, September 6th. The stock was sold at an average price of $77.66, for a total transaction of $391,406.40. Following the transaction, the insider now owns 10,606 shares of the company’s stock, valued at $823,661.96. This represents a 32.21 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, insider Scott R. Strickland sold 2,850 shares of the firm’s stock in a transaction that occurred on Tuesday, November 5th. The stock was sold at an average price of $88.14, for a total transaction of $251,199.00. Following the completion of the sale, the insider now directly owns 26,062 shares in the company, valued at $2,297,104.68. This represents a 9.86 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 102,890 shares of company stock valued at $9,273,255. 2.79% of the stock is owned by corporate insiders.

Wyndham Hotels & Resorts Stock Up 0.3 %

Wyndham Hotels & Resorts stock opened at $96.69 on Monday. The stock has a 50 day moving average of $85.85 and a two-hundred day moving average of $77.98. Wyndham Hotels & Resorts, Inc. has a twelve month low of $67.67 and a twelve month high of $98.73. The stock has a market capitalization of $7.52 billion, a price-to-earnings ratio of 30.70, a PEG ratio of 2.45 and a beta of 1.31. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 4.19.

Wyndham Hotels & Resorts (NYSE:WH) last posted its quarterly earnings data on Wednesday, October 23rd. The company reported $1.39 earnings per share for the quarter, beating analysts’ consensus estimates of $1.38 by $0.01. The firm had revenue of $396.00 million for the quarter, compared to analyst estimates of $408.32 million. Wyndham Hotels & Resorts had a net margin of 18.29% and a return on equity of 51.79%. Wyndham Hotels & Resorts’s quarterly revenue was down 1.5% on a year-over-year basis. During the same period last year, the firm posted $1.31 EPS. As a group, research analysts expect that Wyndham Hotels & Resorts, Inc. will post 4.3 earnings per share for the current year.

Wyndham Hotels & Resorts Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 27th. Investors of record on Friday, December 13th will be given a $0.38 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $1.52 dividend on an annualized basis and a yield of 1.57%. Wyndham Hotels & Resorts’s payout ratio is currently 48.25%.

Wall Street Analysts Forecast Growth

WH has been the subject of several recent analyst reports. Oppenheimer boosted their price objective on shares of Wyndham Hotels & Resorts from $90.00 to $115.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 12th. Truist Financial boosted their price target on shares of Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the company a “buy” rating in a research report on Friday, October 25th. Robert W. Baird raised their price objective on Wyndham Hotels & Resorts from $92.00 to $97.00 and gave the stock an “outperform” rating in a report on Friday, October 25th. Barclays boosted their target price on Wyndham Hotels & Resorts from $90.00 to $100.00 and gave the company an “overweight” rating in a report on Friday, October 25th. Finally, The Goldman Sachs Group initiated coverage on Wyndham Hotels & Resorts in a research report on Wednesday, September 18th. They issued a “buy” rating and a $96.00 target price for the company. Two equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $97.86.

Wyndham Hotels & Resorts Company Profile

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.