Wyndham Hotels & Resorts, Inc. (NYSE:WH) Shares Purchased by Aristides Capital LLC

Aristides Capital LLC raised its stake in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 48.5% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 11,278 shares of the company’s stock after purchasing an additional 3,682 shares during the period. Aristides Capital LLC’s holdings in Wyndham Hotels & Resorts were worth $835,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of WH. GAMMA Investing LLC increased its position in shares of Wyndham Hotels & Resorts by 80.9% in the second 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. Blue Trust Inc. boosted its stake in shares of 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 during the period. TFO Wealth Partners LLC boosted its stake in shares of 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 during the period. Family Firm Inc. purchased a new position in shares of Wyndham Hotels & Resorts in the second quarter valued at $67,000. Finally, International Assets Investment Management LLC purchased a new position in shares of Wyndham Hotels & Resorts in the second quarter valued at $70,000. Institutional investors and hedge funds own 93.46% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently weighed in on WH. Barclays upped their target price on shares of Wyndham Hotels & Resorts from $88.00 to $90.00 and gave the company an “overweight” rating in a research note on Friday, July 26th. The Goldman Sachs Group assumed coverage on shares of Wyndham Hotels & Resorts in a research note on Wednesday, September 18th. They set a “buy” rating and a $96.00 price objective on the stock. Stifel Nicolaus reduced their price objective on shares of Wyndham Hotels & Resorts from $91.50 to $89.00 and set a “buy” rating on the stock in a research note on Thursday, July 25th. Truist Financial reduced their price objective 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, StockNews.com upgraded shares of Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a research note on Thursday, September 19th. Two research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $90.25.

Wyndham Hotels & Resorts Trading Down 3.3 %

Wyndham Hotels & Resorts stock opened at $78.14 on Tuesday. The firm’s 50-day moving average is $76.69 and its 200-day moving average is $74.20. The company has a debt-to-equity ratio of 3.83, a quick ratio of 0.90 and a current ratio of 0.90. Wyndham Hotels & Resorts, Inc. has a 1 year low of $65.63 and a 1 year high of $81.73. The company has a market cap of $6.17 billion, a P/E ratio of 27.71, a PEG ratio of 2.80 and a beta of 1.33.

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

Wyndham Hotels & Resorts Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Friday, September 13th were issued a $0.38 dividend. The ex-dividend date of this dividend was Friday, September 13th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.95%. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is presently 53.90%.

Insider Buying and Selling

In related news, CAO Nicola Rossi sold 7,297 shares of the stock in a transaction dated Friday, July 26th. The shares were sold at an average price of $76.70, for a total value of $559,679.90. Following the sale, the chief accounting officer now owns 4,107 shares of the company’s stock, valued at approximately $315,006.90. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In other Wyndham Hotels & Resorts news, insider Monica Melancon sold 5,040 shares of the firm’s stock in a transaction dated 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 of the company’s stock, valued at approximately $823,661.96. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CAO Nicola Rossi sold 7,297 shares of the firm’s stock in a transaction dated Friday, July 26th. The shares were 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 in the company, valued at approximately $315,006.90. The disclosure for this sale can be found here. Insiders have sold a total of 12,640 shares of company stock valued at $974,351 in the last quarter. Company insiders own 2.79% of the company’s stock.

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.