Wyndham Hotels & Resorts, Inc. (NYSE:WH) Stock Position Boosted by Empowered Funds LLC

Empowered Funds LLC boosted its holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 44.3% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 7,677 shares of the company’s stock after buying an additional 2,355 shares during the quarter. Empowered Funds LLC’s holdings in Wyndham Hotels & Resorts were worth $600,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Thrivent Financial for Lutherans increased its stake in shares of Wyndham Hotels & Resorts by 377.5% during the 2nd quarter. Thrivent Financial for Lutherans now owns 1,240,702 shares of the company’s stock worth $91,812,000 after purchasing an additional 980,848 shares during the last quarter. Burgundy Asset Management Ltd. lifted its position in shares of Wyndham Hotels & Resorts by 70.9% during the 2nd quarter. Burgundy Asset Management Ltd. now owns 2,210,658 shares of the company’s stock worth $163,589,000 after buying an additional 916,742 shares during the period. Janus Henderson Group PLC increased its stake in shares of Wyndham Hotels & Resorts by 1,186.0% in the 1st quarter. Janus Henderson Group PLC now owns 509,441 shares of the company’s stock valued at $39,092,000 after acquiring an additional 469,827 shares during the last quarter. Boston Partners increased its position in shares of Wyndham Hotels & Resorts by 15.4% in the 1st quarter. Boston Partners now owns 3,227,106 shares of the company’s stock valued at $247,646,000 after buying an additional 430,053 shares in the last quarter. Finally, TimesSquare Capital Management LLC increased its stake in Wyndham Hotels & Resorts by 284,590.0% during the 3rd quarter. TimesSquare Capital Management LLC now owns 284,690 shares of the company’s stock worth $22,246,000 after purchasing an additional 284,590 shares in the last quarter. Institutional investors and hedge funds own 93.46% of the company’s stock.

Wyndham Hotels & Resorts Stock Up 0.3 %

Wyndham Hotels & Resorts stock opened at $96.69 on Monday. The company has a debt-to-equity ratio of 4.19, a quick ratio of 0.97 and a current ratio of 0.97. The firm has a market cap 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 firm has a 50 day moving average price of $85.85 and a two-hundred day moving average price of $77.98. Wyndham Hotels & Resorts, Inc. has a 52-week low of $67.67 and a 52-week high of $98.73.

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

Wyndham Hotels & Resorts Announces Dividend

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

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on WH shares. StockNews.com upgraded Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a report on Friday, November 1st. Oppenheimer increased their target price on Wyndham Hotels & Resorts from $90.00 to $115.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 12th. Robert W. Baird boosted their price target on Wyndham Hotels & Resorts from $92.00 to $97.00 and gave the company an “outperform” rating in a research note on Friday, October 25th. Stifel Nicolaus lifted their price objective on shares of Wyndham Hotels & Resorts from $91.00 to $92.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. Finally, Truist Financial lifted their price target on shares of Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the company a “buy” rating in a report on Friday, October 25th. Two equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $97.86.

Insider Transactions at Wyndham Hotels & Resorts

In other news, insider Scott R. Strickland sold 2,850 shares of the stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $88.14, for a total value of $251,199.00. Following the transaction, the insider now owns 26,062 shares of the company’s stock, valued at $2,297,104.68. This represents a 9.86 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Monica Melancon sold 5,040 shares of the stock in a transaction that occurred on Friday, September 6th. The shares were 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 in the company, valued at $823,661.96. The trade was a 32.21 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 102,890 shares of company stock worth $9,273,255. 2.79% of the stock is owned by company insiders.

Wyndham Hotels & Resorts 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.