GAMMA Investing LLC Has $114,000 Position in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

GAMMA Investing LLC grew its stake in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 59.0% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 1,134 shares of the company’s stock after buying an additional 421 shares during the period. GAMMA Investing LLC’s holdings in Wyndham Hotels & Resorts were worth $114,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Assetmark Inc. bought a new stake in Wyndham Hotels & Resorts in the third quarter valued at about $30,000. Nomura Asset Management Co. Ltd. grew its stake in shares of Wyndham Hotels & Resorts by 86.4% during the third quarter. Nomura Asset Management Co. Ltd. now owns 410 shares of the company’s stock valued at $32,000 after purchasing an additional 190 shares during the last quarter. First Horizon Advisors Inc. grew its stake in shares of Wyndham Hotels & Resorts by 76.9% during the third quarter. First Horizon Advisors Inc. now owns 467 shares of the company’s stock valued at $36,000 after purchasing an additional 203 shares during the last quarter. Concord Wealth Partners lifted its holdings in Wyndham Hotels & Resorts by 115.5% in the third quarter. Concord Wealth Partners now owns 543 shares of the company’s stock valued at $42,000 after buying an additional 291 shares during the period. Finally, Brooklyn Investment Group acquired a new position in Wyndham Hotels & Resorts in the third quarter valued at approximately $49,000. Institutional investors and hedge funds own 93.46% of the company’s stock.

Wyndham Hotels & Resorts Stock Up 1.7 %

Shares of WH stock opened at $100.73 on Friday. The firm has a market capitalization of $7.84 billion, a P/E ratio of 31.98, a PEG ratio of 2.42 and a beta of 1.30. The firm’s fifty day moving average price is $98.77 and its two-hundred day moving average price is $84.87. Wyndham Hotels & Resorts, Inc. has a 1 year low of $67.67 and a 1 year high of $105.16. 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 announced its earnings results on Wednesday, October 23rd. The company reported $1.39 EPS for the quarter, topping the consensus estimate of $1.38 by $0.01. The business had revenue of $396.00 million during the quarter, compared to the consensus estimate 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 revenue was down 1.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.31 EPS. On average, equities analysts predict that Wyndham Hotels & Resorts, Inc. will post 4.29 EPS for the current fiscal year.

Wyndham Hotels & Resorts Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 27th. Shareholders of record on Friday, December 13th were issued a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a yield of 1.51%. The ex-dividend date was Friday, December 13th. Wyndham Hotels & Resorts’s dividend payout ratio is currently 48.25%.

Insider Buying and Selling at Wyndham Hotels & Resorts

In related news, insider Scott R. Strickland sold 2,850 shares of the company’s stock in a transaction that occurred on Tuesday, November 5th. The shares were sold at an average price of $88.14, for a total transaction of $251,199.00. Following the completion of the transaction, 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Stephen P. Holmes sold 80,000 shares of the company’s stock in a transaction that occurred on Friday, October 25th. The shares were sold at an average price of $91.01, for a total transaction of $7,280,800.00. Following the completion of the transaction, the director now owns 366,371 shares of the company’s stock, valued at approximately $33,343,424.71. This trade represents a 17.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 97,850 shares of company stock valued at $8,881,849 in the last quarter. Company insiders own 2.79% of the company’s stock.

Analyst Ratings Changes

Several research firms have weighed in on WH. Wells Fargo & Company upgraded shares of Wyndham Hotels & Resorts from an “equal weight” rating to an “overweight” rating and increased their target price for the stock from $103.00 to $114.00 in a report on Friday. Oppenheimer increased their target price on shares of Wyndham Hotels & Resorts from $90.00 to $115.00 and gave the stock an “outperform” rating in a report on Tuesday, November 12th. Barclays increased their target price on shares of Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the stock an “overweight” rating in a report on Friday, December 13th. StockNews.com raised shares of Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a research report on Friday, November 1st. Finally, Stifel Nicolaus increased their price objective on shares of Wyndham Hotels & Resorts from $92.00 to $107.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Two equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $108.10.

Wyndham Hotels & Resorts Company Profile

Wyndham Hotels & Resorts, Inc engages in the franchise and operation of hotels under the Wyndham brand. It operates through the following segments: Hotel Franchising, Hotel Management, and Corporate and Other. The Hotel Franchising segment focuses on licensing the company’s lodging brands and providing related services to third-party hotel owners and others.