First National Advisers LLC Invests $425,000 in Wyndham Hotels & Resorts (NYSE:WH)

Key Points

• First National Advisers LLC acquired 4,700 shares of Wyndham Hotels & Resorts, representing a new investment valued at approximately $425,000 during the first quarter.
• Wyndham Hotels & Resorts has received several positive ratings from analysts, with a consensus rating of "Moderate Buy" and a target price averaging around $106.98.
• The company reported $1.33 earnings per share for the last quarter, exceeding analysts' expectations and marking an 8.2% increase in revenue year-over-year.

First National Advisers LLC purchased a new position in shares of Wyndham Hotels & Resorts (NYSE:WH - Free Report) in the first quarter, according to its most recent disclosure with the SEC. The firm purchased 4,700 shares of the company's stock, valued at approximately $425,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in WH. Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in Wyndham Hotels & Resorts by 508.7% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 280 shares of the company's stock valued at $28,000 after buying an additional 234 shares during the last quarter. Quarry LP acquired a new stake in Wyndham Hotels & Resorts in the 4th quarter valued at approximately $41,000. FIL Ltd grew its holdings in Wyndham Hotels & Resorts by 226.6% in the 4th quarter. FIL Ltd now owns 454 shares of the company's stock valued at $46,000 after buying an additional 315 shares during the last quarter. Versant Capital Management Inc grew its holdings in Wyndham Hotels & Resorts by 139.2% in the 1st quarter. Versant Capital Management Inc now owns 531 shares of the company's stock valued at $48,000 after buying an additional 309 shares during the last quarter. Finally, First Horizon Advisors Inc. grew its holdings in Wyndham Hotels & Resorts by 36.1% in the 1st quarter. First Horizon Advisors Inc. now owns 626 shares of the company's stock valued at $57,000 after buying an additional 166 shares during the last quarter. 93.46% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts have recently weighed in on WH shares. Robert W. Baird lifted their price objective on Wyndham Hotels & Resorts from $98.00 to $99.00 and gave the stock an "outperform" rating in a report on Friday, July 25th. Truist Financial lifted their price objective on Wyndham Hotels & Resorts from $100.00 to $101.00 and gave the stock a "buy" rating in a report on Friday, July 25th. Stifel Nicolaus decreased their price objective on Wyndham Hotels & Resorts from $121.00 to $102.75 and set a "buy" rating on the stock in a report on Thursday, May 1st. Morgan Stanley reissued an "overweight" rating and set a $105.00 price objective on shares of Wyndham Hotels & Resorts in a report on Tuesday, July 15th. Finally, Jefferies Financial Group decreased their price objective on Wyndham Hotels & Resorts from $125.00 to $110.00 and set a "buy" rating on the stock in a report on Wednesday, April 9th. Two analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $106.98.

Insider Transactions at Wyndham Hotels & Resorts

In other Wyndham Hotels & Resorts news, CEO Geoffrey A. Ballotti sold 26,724 shares of Wyndham Hotels & Resorts stock in a transaction on Friday, May 16th. The stock was sold at an average price of $85.77, for a total value of $2,292,117.48. Following the completion of the transaction, the chief executive officer owned 467,394 shares in the company, valued at approximately $40,088,383.38. The trade was a 5.41% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 2.46% of the company's stock.

Wyndham Hotels & Resorts Price Performance

WH traded down $1.49 during trading on Thursday, hitting $86.90. The company's stock had a trading volume of 532,557 shares, compared to its average volume of 1,047,057. The firm's 50 day moving average price is $84.36 and its two-hundred day moving average price is $91.13. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 4.44. Wyndham Hotels & Resorts has a 12 month low of $72.14 and a 12 month high of $113.07. The stock has a market capitalization of $6.64 billion, a price-to-earnings ratio of 20.30, a price-to-earnings-growth ratio of 1.58 and a beta of 0.98.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last issued its quarterly earnings data on Wednesday, July 23rd. The company reported $1.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.16 by $0.17. Wyndham Hotels & Resorts had a return on equity of 60.79% and a net margin of 23.10%. The firm had revenue of $397.00 million during the quarter, compared to the consensus estimate of $384.69 million. During the same quarter in the previous year, the company posted $1.13 EPS. The business's revenue for the quarter was up 8.2% compared to the same quarter last year. Sell-side analysts forecast that Wyndham Hotels & Resorts will post 4.79 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Friday, June 13th were given a $0.41 dividend. The ex-dividend date was Friday, June 13th. This represents a $1.64 annualized dividend and a yield of 1.89%. Wyndham Hotels & Resorts's payout ratio is 38.32%.

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 Hotel Franchising and Hotel Management segments. The Hotel Franchising segment focuses on licensing the company's lodging brands and providing related services to third-party hotel owners and others.