Quantinno Capital Management LP Buys 2,286 Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Quantinno Capital Management LP increased its stake in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WHFree Report) by 34.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,961 shares of the company’s stock after buying an additional 2,286 shares during the quarter. Quantinno Capital Management LP’s holdings in Wyndham Hotels & Resorts were worth $700,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of WH. CWM LLC grew its holdings in Wyndham Hotels & Resorts by 69.2% during the second quarter. CWM LLC now owns 3,090 shares of the company’s stock worth $229,000 after buying an additional 1,264 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in Wyndham Hotels & Resorts by 11.0% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 6,313 shares of the company’s stock worth $467,000 after buying an additional 627 shares in the last quarter. Blue Trust Inc. grew its holdings in Wyndham Hotels & Resorts by 1,245.1% during the second quarter. Blue Trust Inc. now owns 686 shares of the company’s stock worth $53,000 after buying an additional 635 shares in the last quarter. Raymond James & Associates grew its holdings in Wyndham Hotels & Resorts by 10.7% during the second quarter. Raymond James & Associates now owns 74,663 shares of the company’s stock worth $5,525,000 after buying an additional 7,226 shares in the last quarter. Finally, Nisa Investment Advisors LLC grew its holdings in Wyndham Hotels & Resorts by 19.7% during the second quarter. Nisa Investment Advisors LLC now owns 19,168 shares of the company’s stock worth $1,418,000 after buying an additional 3,150 shares in the last quarter. Institutional investors own 93.46% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. The Goldman Sachs Group boosted their price objective on Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the stock a “buy” rating in a research report on Tuesday. Wells Fargo & Company assumed coverage on Wyndham Hotels & Resorts in a research report on Thursday, December 5th. They issued an “equal weight” rating and a $103.00 price objective on the stock. JPMorgan Chase & Co. boosted their price objective on Wyndham Hotels & Resorts from $99.00 to $113.00 and gave the stock an “overweight” rating in a research report on Friday. Truist Financial boosted their price objective on Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. Finally, Robert W. Baird boosted their price objective on Wyndham Hotels & Resorts from $92.00 to $97.00 and gave the stock an “outperform” rating in a research report on Friday, October 25th. Three investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $105.56.

Get Our Latest Stock Report on WH

Wyndham Hotels & Resorts Stock Down 0.3 %

Shares of NYSE WH opened at $103.34 on Friday. Wyndham Hotels & Resorts, Inc. has a one year low of $67.67 and a one year high of $105.12. The company has a debt-to-equity ratio of 4.19, a current ratio of 0.97 and a quick ratio of 0.97. The business’s fifty day moving average price is $92.21 and its 200-day moving average price is $80.94. The stock has a market capitalization of $8.04 billion, a PE ratio of 32.81, a P/E/G ratio of 2.43 and a beta of 1.32.

Wyndham Hotels & Resorts (NYSE:WHGet Free Report) last issued its quarterly earnings data on Wednesday, October 23rd. The company reported $1.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.38 by $0.01. The business had revenue of $396.00 million for the quarter, compared to analysts’ expectations of $408.32 million. Wyndham Hotels & Resorts had a return on equity of 51.79% and a net margin of 18.29%. The firm’s quarterly revenue was down 1.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.31 EPS. On average, equities research analysts anticipate that Wyndham Hotels & Resorts, Inc. will post 4.29 EPS for the current year.

Wyndham Hotels & Resorts Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 27th. Investors of record on Friday, December 13th will be issued a dividend of $0.38 per share. The ex-dividend date is Friday, December 13th. This represents a $1.52 dividend on an annualized basis and a yield of 1.47%. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is 48.25%.

Insider Buying and Selling

In related news, insider Scott R. Strickland sold 2,850 shares of the stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $88.14, for a total transaction of $251,199.00. Following the sale, the insider now owns 26,062 shares of the company’s stock, valued at approximately $2,297,104.68. This represents a 9.86 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Stephen P. Holmes sold 80,000 shares of the company’s stock in a transaction dated Friday, October 25th. The stock was sold at an average price of $91.01, for a total value of $7,280,800.00. Following the completion of the transaction, the director now owns 366,371 shares in the company, valued at $33,343,424.71. This represents a 17.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 97,850 shares of company stock valued at $8,881,849. Corporate insiders own 2.79% of the company’s stock.

Wyndham Hotels & Resorts Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Wyndham Hotels & Resorts (NYSE:WH)

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