Mutual of America Capital Management LLC Sells 3,296 Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Mutual of America Capital Management LLC lessened its holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 6.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 46,135 shares of the company’s stock after selling 3,296 shares during the quarter. Mutual of America Capital Management LLC owned approximately 0.06% of Wyndham Hotels & Resorts worth $3,414,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. GAMMA Investing LLC boosted its holdings in Wyndham Hotels & Resorts by 80.9% during the second quarter. GAMMA Investing LLC now owns 463 shares of the company’s stock worth $34,000 after buying an additional 207 shares during the last quarter. Blue Trust Inc. increased its stake 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. TFO Wealth Partners LLC increased its stake in Wyndham Hotels & Resorts by 41,100.0% in the fourth quarter. TFO Wealth Partners LLC now owns 824 shares of the company’s stock valued at $66,000 after purchasing an additional 822 shares in the last quarter. Family Firm Inc. bought a new position in shares of Wyndham Hotels & Resorts during the second quarter worth $67,000. Finally, International Assets Investment Management LLC acquired a new position in shares of Wyndham Hotels & Resorts in the 2nd quarter valued at $70,000. Institutional investors and hedge funds own 93.46% of the company’s stock.

Insider Buying and Selling at Wyndham Hotels & Resorts

In other news, insider Monica Melancon sold 5,040 shares of the company’s stock in a transaction dated Friday, September 6th. The shares were sold at an average price of $77.66, for a total value of $391,406.40. Following the sale, the insider now directly owns 10,606 shares of the company’s stock, valued at approximately $823,661.96. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In related 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 value of $391,406.40. Following the sale, the insider now owns 10,606 shares in the company, valued at approximately $823,661.96. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Nicola Rossi sold 7,297 shares of Wyndham Hotels & Resorts stock in a transaction on Friday, July 26th. The stock was sold at an average price of $76.70, for a total transaction of $559,679.90. Following the transaction, the chief accounting officer now directly owns 4,107 shares of the company’s stock, valued at $315,006.90. The disclosure for this sale can be found here. Insiders sold a total of 12,640 shares of company stock worth $974,351 over the last quarter. 2.79% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. Susquehanna started coverage on Wyndham Hotels & Resorts in a research note on Friday, June 21st. They set a “neutral” rating and a $80.00 price objective on the stock. StockNews.com upgraded Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a report on Thursday, September 19th. Barclays increased their target price on Wyndham Hotels & Resorts from $88.00 to $90.00 and gave the stock an “overweight” rating in a research note on Friday, July 26th. Truist Financial cut their price target on shares of Wyndham Hotels & Resorts from $105.00 to $104.00 and set a “buy” rating on the stock in a research note on Friday, July 26th. Finally, Stifel Nicolaus lowered their price objective on shares of Wyndham Hotels & Resorts from $91.50 to $89.00 and set a “buy” rating for the company in a research report on Thursday, July 25th. Two analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $90.25.

Wyndham Hotels & Resorts Stock Down 0.1 %

Wyndham Hotels & Resorts stock opened at $79.35 on Tuesday. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 3.83. Wyndham Hotels & Resorts, Inc. has a 1-year low of $65.63 and a 1-year high of $81.73. The company has a fifty day simple moving average of $76.20 and a 200 day simple moving average of $74.15. The company has a market cap of $6.39 billion, a P/E ratio of 28.14, a price-to-earnings-growth ratio of 2.70 and a beta of 1.33.

Wyndham Hotels & Resorts (NYSE:WH) last released its earnings results on Wednesday, July 24th. The company reported $1.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.03 by $0.10. The business had revenue of $367.00 million for the quarter, compared to analyst estimates of $370.58 million. Wyndham Hotels & Resorts had a return on equity of 47.05% and a net margin of 18.28%. Wyndham Hotels & Resorts’s revenue was up 1.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.93 earnings per share. Research analysts anticipate that Wyndham Hotels & Resorts, Inc. will post 4.27 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 27th. Shareholders of record on Friday, September 13th will be given a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a yield of 1.92%. The ex-dividend date is Friday, September 13th. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is currently 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.