GAMMA Investing LLC Boosts Stock Holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

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

A number of other institutional investors also recently modified their holdings of the company. Smartleaf Asset Management LLC increased its position in Wyndham Hotels & Resorts by 46.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 343 shares of the company's stock valued at $35,000 after acquiring an additional 108 shares in the last quarter. Principal Securities Inc. lifted 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 worth $1,103,000 after buying an additional 113 shares in the last quarter. Equitable Trust Co. increased its stake in shares of Wyndham Hotels & Resorts by 1.5% in the 4th quarter. Equitable Trust Co. now owns 9,295 shares of the company's stock valued at $937,000 after buying an additional 135 shares during the period. Empowered Funds LLC raised its position in shares of Wyndham Hotels & Resorts by 2.2% during the fourth quarter. Empowered Funds LLC now owns 7,846 shares of the company's stock worth $791,000 after acquiring an additional 169 shares during the last quarter. Finally, Coldstream Capital Management Inc. lifted its stake in shares of Wyndham Hotels & Resorts by 4.0% during the fourth quarter. Coldstream Capital Management Inc. now owns 5,042 shares of the company's stock valued at $508,000 after acquiring an additional 195 shares during the period. Institutional investors own 93.46% of the company's stock.

Insider Transactions at Wyndham Hotels & Resorts

In other 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 transaction, the chief executive officer now owns 467,394 shares in the company, valued at approximately $40,088,383.38. This trade represents a 5.41% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 2.46% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on WH shares. Wells Fargo & Company increased their target price on Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the company an "overweight" rating in a research note on Friday, February 14th. Morgan Stanley reduced their price objective on shares of Wyndham Hotels & Resorts from $102.00 to $94.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 22nd. Susquehanna upped their target price on shares of Wyndham Hotels & Resorts from $80.00 to $110.00 and gave the company a "neutral" rating in a research note on Tuesday, February 25th. Redburn Atlantic upgraded 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 report on Monday, March 24th. Finally, Stifel Nicolaus decreased their price target on shares of Wyndham Hotels & Resorts from $121.00 to $102.75 and set a "buy" rating for the company in a report on Thursday, May 1st. Two equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat, Wyndham Hotels & Resorts presently has a consensus rating of "Moderate Buy" and an average target price of $108.48.

Wyndham Hotels & Resorts Stock Up 0.3%

Shares of NYSE:WH traded up $0.22 during mid-day trading on Monday, reaching $83.64. 29,237 shares of the stock were exchanged, compared to its average volume of 859,414. The stock's 50 day simple moving average is $84.34 and its 200-day simple moving average is $95.25. 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 $6.44 billion, a P/E ratio of 23.02, a P/E/G ratio of 1.87 and a beta of 0.99. 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 (NYSE:WH - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The company reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.82 by $0.04. The company had revenue of $316.00 million during the quarter, compared to analysts' expectations of $320.10 million. Wyndham Hotels & Resorts had a return on equity of 54.86% and a net margin of 20.51%. Wyndham Hotels & Resorts's revenue for the quarter was up 3.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.78 EPS. As a group, equities research analysts predict that Wyndham Hotels & Resorts, Inc. will post 4.79 EPS for the current year.

Wyndham Hotels & Resorts Announces Dividend

The company 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 1.96%. The ex-dividend date is Friday, June 13th. Wyndham Hotels & Resorts's dividend payout ratio 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.