SG Americas Securities LLC Acquires 4,676 Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH)

SG Americas Securities LLC increased its holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 80.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 10,489 shares of the company’s stock after buying an additional 4,676 shares during the period. SG Americas Securities LLC’s holdings in Wyndham Hotels & Resorts were worth $820,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Retirement Systems of Alabama boosted its holdings in Wyndham Hotels & Resorts by 40.1% in the 1st quarter. Retirement Systems of Alabama now owns 231,671 shares of the company’s stock worth $17,781,000 after buying an additional 66,266 shares during the period. TimesSquare Capital Management LLC bought a new position in Wyndham Hotels & Resorts in the 1st quarter valued at $1,382,000. Van ECK Associates Corp bought a new position in Wyndham Hotels & Resorts in the 1st quarter valued at $2,292,000. Hsbc Holdings PLC bought a new position in Wyndham Hotels & Resorts in the 2nd quarter valued at $1,425,000. Finally, Goldman Sachs Group Inc. boosted its holdings in Wyndham Hotels & Resorts by 41.1% in the 4th quarter. Goldman Sachs Group Inc. now owns 899,282 shares of the company’s stock valued at $72,311,000 after purchasing an additional 262,031 shares during the period. 93.46% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have commented on WH shares. StockNews.com raised shares of Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a report on Thursday, September 19th. Barclays raised their price objective on shares of Wyndham Hotels & Resorts from $88.00 to $90.00 and gave the company an “overweight” rating in a research report on Friday, July 26th. The Goldman Sachs Group started coverage on shares of Wyndham Hotels & Resorts in a research report on Wednesday, September 18th. They set a “buy” rating and a $96.00 price objective on the stock. Stifel Nicolaus lowered 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 report on Thursday, July 25th. Finally, Susquehanna started coverage on shares of Wyndham Hotels & Resorts in a research report on Friday, June 21st. They set a “neutral” rating and a $80.00 price objective on the stock. Two equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $90.25.

Wyndham Hotels & Resorts Price Performance

Shares of NYSE:WH opened at $81.77 on Friday. The stock has a market cap of $6.46 billion, a PE ratio of 26.64, a PEG ratio of 2.76 and a beta of 1.33. The company’s fifty day moving average is $77.29 and its 200 day moving average is $74.35. Wyndham Hotels & Resorts, Inc. has a 52 week low of $67.35 and a 52 week high of $82.02. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 3.83.

Wyndham Hotels & Resorts (NYSE:WH) last issued its earnings results on Wednesday, July 24th. The company reported $1.13 EPS for the quarter, topping analysts’ consensus estimates of $1.03 by $0.10. The company had revenue of $367.00 million for the quarter, compared to analysts’ expectations of $370.58 million. Wyndham Hotels & Resorts had a net margin of 18.28% and a return on equity of 47.05%. The firm’s revenue was up 1.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.93 EPS. Research analysts anticipate 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. Shareholders of record on Friday, September 13th were given a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.86%. The ex-dividend date of this dividend was Friday, September 13th. Wyndham Hotels & Resorts’s payout ratio is 49.51%.

Insider Buying and Selling at Wyndham Hotels & Resorts

In other Wyndham Hotels & Resorts news, insider Monica Melancon sold 5,040 shares of the business’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 transaction, the insider now owns 10,606 shares in the company, valued at approximately $823,661.96. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Wyndham Hotels & Resorts news, CAO Nicola Rossi sold 7,297 shares of the business’s 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 transaction, the chief accounting officer now owns 4,107 shares in the company, valued at approximately $315,006.90. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Monica Melancon sold 5,040 shares of Wyndham Hotels & Resorts 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 sale, the insider now directly owns 10,606 shares in the company, valued at $823,661.96. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 12,640 shares of company stock worth $974,351. 2.79% of the stock is currently 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.