Wyndham Hotels & Resorts (NYSE:WH) Shares Sold by Impax Asset Management Group plc

Impax Asset Management Group plc lessened its holdings in Wyndham Hotels & Resorts (NYSE:WH - Free Report) by 11.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 120,000 shares of the company's stock after selling 15,000 shares during the period. Impax Asset Management Group plc owned approximately 0.15% of Wyndham Hotels & Resorts worth $10,861,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of the business. Proficio Capital Partners LLC acquired a new position in shares of Wyndham Hotels & Resorts in the 4th quarter worth approximately $28,000. Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in Wyndham Hotels & Resorts by 508.7% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 280 shares of the company's stock worth $28,000 after purchasing an additional 234 shares in the last quarter. Smartleaf Asset Management LLC lifted its stake in Wyndham Hotels & Resorts by 46.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 343 shares of the company's stock worth $35,000 after purchasing an additional 108 shares in the last quarter. Quarry LP acquired a new position in Wyndham Hotels & Resorts during the fourth quarter worth $41,000. Finally, FIL Ltd lifted its stake in Wyndham Hotels & Resorts by 226.6% during the fourth quarter. FIL Ltd now owns 454 shares of the company's stock worth $46,000 after purchasing an additional 315 shares in the last quarter. Institutional investors and hedge funds own 93.46% of the company's stock.

Insider Buying and Selling at Wyndham Hotels & Resorts

In other Wyndham Hotels & Resorts news, CEO Geoffrey A. Ballotti sold 26,724 shares of the firm's stock in a transaction that occurred on Friday, May 16th. The shares were sold at an average price of $85.77, for a total transaction of $2,292,117.48. Following the sale, the chief executive officer owned 467,394 shares of the company's stock, valued at approximately $40,088,383.38. This trade represents a 5.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 2.46% of the company's stock.

Wyndham Hotels & Resorts Stock Up 0.4%

Shares of WH traded up $0.37 during midday trading on Friday, reaching $84.44. The stock had a trading volume of 933,519 shares, compared to its average volume of 869,315. Wyndham Hotels & Resorts has a 1-year low of $70.08 and a 1-year high of $113.07. The company's fifty day simple moving average is $83.61 and its two-hundred day simple moving average is $92.65. The company has a market cap of $6.50 billion, a price-to-earnings ratio of 20.01, a PEG ratio of 1.72 and a beta of 0.98. The company has a debt-to-equity ratio of 4.29, a current ratio of 0.96 and a quick ratio of 0.96.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The company reported $0.86 earnings per share for the quarter, beating analysts' consensus estimates of $0.82 by $0.04. Wyndham Hotels & Resorts had a return on equity of 57.49% and a net margin of 23.52%. The company had revenue of $316.00 million for the quarter, compared to analysts' expectations of $320.10 million. During the same period last year, the firm earned $0.78 earnings per share. Wyndham Hotels & Resorts's quarterly revenue was up 3.6% on a year-over-year basis. Equities research analysts expect that Wyndham Hotels & Resorts will post 4.79 earnings per share for the current year.

Wyndham Hotels & Resorts Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Friday, June 13th were given a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a dividend yield of 1.94%. The ex-dividend date of this dividend was Friday, June 13th. Wyndham Hotels & Resorts's dividend payout ratio (DPR) is presently 38.86%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on WH shares. Morgan Stanley decreased their target price on 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. Jefferies Financial Group reduced their price target on shares of Wyndham Hotels & Resorts from $125.00 to $110.00 and set a "buy" rating on the stock in a research report on Wednesday, April 9th. Robert W. Baird reduced their price target on shares of Wyndham Hotels & Resorts from $107.00 to $99.00 and set an "outperform" rating on the stock in a research report on Tuesday, May 6th. 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 report on Friday, March 21st. Finally, Barclays reduced their target price on shares of Wyndham Hotels & Resorts from $121.00 to $100.00 and set an "overweight" rating on the stock in a report on Tuesday, April 22nd. Two equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company's stock. According to MarketBeat, Wyndham Hotels & Resorts has an average rating of "Moderate Buy" and a consensus price target of $107.48.

Wyndham Hotels & Resorts 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.