Wyndham Hotels & Resorts, Inc. (NYSE:WH) Holdings Raised by Natixis Advisors LLC

Natixis Advisors LLC grew its stake in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 37.7% during the 3rd quarter, HoldingsChannel reports. The fund owned 34,537 shares of the company’s stock after acquiring an additional 9,463 shares during the period. Natixis Advisors LLC’s holdings in Wyndham Hotels & Resorts were worth $2,699,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. CANADA LIFE ASSURANCE Co increased its position in Wyndham Hotels & Resorts by 19.0% during the first quarter. CANADA LIFE ASSURANCE Co now owns 58,453 shares of the company’s stock worth $4,487,000 after buying an additional 9,325 shares during the last quarter. Price T Rowe Associates Inc. MD raised its stake in shares of Wyndham Hotels & Resorts by 5.3% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 48,920 shares of the company’s stock valued at $3,755,000 after acquiring an additional 2,483 shares in the last quarter. Janus Henderson Group PLC lifted its holdings in 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 worth $39,092,000 after purchasing an additional 469,827 shares during the last quarter. Ancora Advisors LLC boosted its position in Wyndham Hotels & Resorts by 0.8% during the first quarter. Ancora Advisors LLC now owns 199,521 shares of the company’s stock worth $15,313,000 after purchasing an additional 1,635 shares during the period. Finally, Tidal Investments LLC acquired a new position in Wyndham Hotels & Resorts during the first quarter valued at approximately $395,000. 93.46% of the stock is owned by institutional investors and hedge funds.

Wyndham Hotels & Resorts Price Performance

Shares of NYSE:WH opened at $96.69 on Monday. The firm has a market capitalization of $7.52 billion, a PE ratio of 30.70, a PEG ratio of 2.45 and a beta of 1.31. 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, Inc. has a 1-year low of $67.67 and a 1-year high of $98.73. The business’s 50 day moving average is $85.85 and its 200-day moving average is $77.98.

Wyndham Hotels & Resorts (NYSE:WH) last posted its quarterly 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 firm had revenue of $396.00 million for 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%. The business’s revenue was down 1.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.31 earnings per share. Sell-side analysts predict that Wyndham Hotels & Resorts, Inc. will post 4.3 earnings per share for the current year.

Wyndham Hotels & Resorts Dividend Announcement

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

Insider Buying and Selling at Wyndham Hotels & Resorts

In other Wyndham Hotels & Resorts 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 transaction 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. This represents a 32.21 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Stephen P. Holmes sold 80,000 shares of Wyndham Hotels & Resorts 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 $33,343,424.71. This trade represents a 17.92 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 102,890 shares of company stock valued at $9,273,255. 2.79% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several brokerages recently commented on WH. Oppenheimer lifted 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. Stifel Nicolaus increased their target price on Wyndham Hotels & Resorts from $91.00 to $92.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. The Goldman Sachs Group began coverage on Wyndham Hotels & Resorts in a research report on Wednesday, September 18th. They issued a “buy” rating and a $96.00 price target on the stock. Truist Financial increased their price objective on Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the company a “buy” rating in a research report on Friday, October 25th. Finally, Robert W. Baird boosted their target price on shares of Wyndham Hotels & Resorts from $92.00 to $97.00 and gave the stock an “outperform” rating in a research report on Friday, October 25th. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $97.86.

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.