Wyndham Hotels & Resorts, Inc. (NYSE:WH) Shares Acquired by GAMMA Investing LLC

GAMMA Investing LLC boosted its stake in Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 10,938.4% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 125,175 shares of the company's stock after purchasing an additional 124,041 shares during the quarter. GAMMA Investing LLC owned about 0.16% of Wyndham Hotels & Resorts worth $11,330,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Smartleaf Asset Management LLC grew its holdings in Wyndham Hotels & Resorts by 46.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 343 shares of the company's stock valued at $35,000 after purchasing an additional 108 shares during the last quarter. Principal Securities Inc. grew its holdings in Wyndham Hotels & Resorts by 1.0% during the 4th quarter. Principal Securities Inc. now owns 10,941 shares of the company's stock valued at $1,103,000 after purchasing an additional 113 shares during the last quarter. Equitable Trust Co. grew its holdings in Wyndham Hotels & Resorts by 1.5% during the 4th quarter. Equitable Trust Co. now owns 9,295 shares of the company's stock valued at $937,000 after purchasing an additional 135 shares during the last quarter. Empowered Funds LLC grew its holdings in Wyndham Hotels & Resorts by 2.2% during the 4th quarter. Empowered Funds LLC now owns 7,846 shares of the company's stock valued at $791,000 after purchasing an additional 169 shares during the last quarter. Finally, Coldstream Capital Management Inc. grew its holdings in Wyndham Hotels & Resorts by 4.0% during the 4th quarter. Coldstream Capital Management Inc. now owns 5,042 shares of the company's stock valued at $508,000 after purchasing an additional 195 shares during the last quarter. 93.46% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

WH has been the topic of several analyst reports. Susquehanna upped their price target on shares of Wyndham Hotels & Resorts from $80.00 to $110.00 and gave the company a "neutral" rating in a report on Tuesday, February 25th. Wells Fargo & Company raised their target price on shares of Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the stock an "overweight" rating in a research report on Friday, February 14th. Truist Financial reduced their target price on shares of Wyndham Hotels & Resorts from $122.00 to $119.00 and set a "buy" rating on the stock in a research report on Friday, March 21st. Stifel Nicolaus reduced their target price on shares of Wyndham Hotels & Resorts from $121.00 to $102.75 and set a "buy" rating on the stock in a research report on Thursday, May 1st. Finally, Redburn Atlantic raised shares of Wyndham Hotels & Resorts from a "neutral" rating to a "buy" rating and set a $115.00 target price on the stock in a research report on Monday, March 24th. Two investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to MarketBeat.com, Wyndham Hotels & Resorts presently has a consensus rating of "Moderate Buy" and a consensus price target of $108.48.

Insider Activity at Wyndham Hotels & Resorts

In other Wyndham Hotels & Resorts news, CEO Geoffrey A. Ballotti sold 26,650 shares of the company's stock in a transaction dated Thursday, May 15th. The shares were sold at an average price of $86.56, for a total value of $2,306,824.00. Following the completion of the transaction, the chief executive officer now owns 461,376 shares in the company, valued at approximately $39,936,706.56. This represents a 5.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 2.46% of the stock is currently owned by insiders.

Wyndham Hotels & Resorts Stock Down 0.9%

Shares of NYSE WH traded down $0.79 during midday trading on Wednesday, reaching $82.97. 1,124,812 shares of the company's stock traded hands, compared to its average volume of 863,962. The stock's 50 day simple moving average is $84.10 and its 200-day simple moving average is $94.99. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 3.72. Wyndham Hotels & Resorts, Inc. has a one year low of $70.08 and a one year high of $113.07. The company has a market cap of $6.39 billion, a price-to-earnings ratio of 22.86, a P/E/G ratio of 1.87 and a beta of 0.99.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The company reported $0.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.82 by $0.04. The business had revenue of $316.00 million for the quarter, compared to analyst estimates of $320.10 million. Wyndham Hotels & Resorts had a net margin of 20.51% and a return on equity of 54.86%. The business's revenue for the quarter was up 3.6% on a year-over-year basis. During the same period in the previous year, the company earned $0.78 earnings per share. On average, analysts predict that Wyndham Hotels & Resorts, Inc. will post 4.79 EPS for the current fiscal year.

Wyndham Hotels & Resorts Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be issued a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.98%. The ex-dividend date is Friday, June 13th. Wyndham Hotels & Resorts's dividend payout ratio (DPR) is presently 38.86%.

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.