SG Americas Securities LLC Purchases Shares of 7,465 Wyndham Hotels & Resorts (NYSE:WH)

SG Americas Securities LLC acquired a new stake in Wyndham Hotels & Resorts (NYSE:WH - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 7,465 shares of the company's stock, valued at approximately $676,000.

Several other institutional investors and hedge funds also recently made changes to their positions in WH. Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in Wyndham Hotels & Resorts by 508.7% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 280 shares of the company's stock valued at $28,000 after acquiring an additional 234 shares during the last quarter. Smartleaf Asset Management LLC lifted its position in shares of Wyndham Hotels & Resorts by 46.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 343 shares of the company's stock worth $35,000 after purchasing an additional 108 shares during the period. Quarry LP bought a new stake in shares of Wyndham Hotels & Resorts in the 4th quarter valued at $41,000. FIL Ltd boosted its stake in shares of 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 purchasing an additional 315 shares during the last quarter. Finally, Sherman Asset Management Inc. acquired a new stake in shares of Wyndham Hotels & Resorts during the fourth quarter worth $54,000. Institutional investors and hedge funds own 93.46% of the company's stock.

Wyndham Hotels & Resorts Stock Up 0.6%

Shares of WH traded up $0.50 during trading hours on Tuesday, reaching $79.70. 906,333 shares of the stock traded hands, compared to its average volume of 857,840. Wyndham Hotels & Resorts has a 52 week low of $70.08 and a 52 week high of $113.07. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 4.29. The stock has a fifty day simple moving average of $83.65 and a 200 day simple moving average of $93.87. The company has a market cap of $6.14 billion, a price-to-earnings ratio of 18.89, a PEG ratio of 1.61 and a beta of 1.00.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last released its earnings results on Wednesday, April 30th. The company reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate 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 during the quarter, compared to analyst estimates of $320.10 million. During the same period in the prior year, the company posted $0.78 earnings per share. Wyndham Hotels & Resorts's quarterly revenue was up 3.6% on a year-over-year basis. On average, equities analysts forecast that Wyndham Hotels & Resorts will post 4.79 EPS for the current year.

Wyndham Hotels & Resorts Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 13th will be given a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a yield of 2.06%. The ex-dividend date is Friday, June 13th. Wyndham Hotels & Resorts's dividend payout ratio is currently 38.86%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on WH shares. JPMorgan Chase & Co. began coverage on Wyndham Hotels & Resorts in a report on Monday. They issued an "overweight" rating and a $101.00 target price for the company. Redburn Atlantic raised shares of Wyndham Hotels & Resorts from a "neutral" rating to a "buy" rating and set a $115.00 price objective for the company in a research report on Monday, March 24th. Truist Financial dropped 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 cut 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 note on Thursday, May 1st. Finally, Barclays decreased their price target on shares of Wyndham Hotels & Resorts from $121.00 to $100.00 and set an "overweight" rating for the company in a research note on Tuesday, April 22nd. Two research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to MarketBeat, Wyndham Hotels & Resorts presently has a consensus rating of "Moderate Buy" and an average price target of $107.48.

Insider Buying and Selling at Wyndham Hotels & Resorts

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

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.