3,469 Shares in Wyndham Hotels & Resorts, Inc. (NYSE:WH) Purchased by USA Financial Formulas

USA Financial Formulas purchased a new stake in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 3,469 shares of the company's stock, valued at approximately $314,000.

Several other institutional investors have also recently made changes to their positions in the business. SG Americas Securities LLC purchased a new stake in shares of Wyndham Hotels & Resorts during the 1st quarter valued at about $676,000. GAMMA Investing LLC lifted its holdings in shares of Wyndham Hotels & Resorts by 22.0% in the 1st quarter. GAMMA Investing LLC now owns 1,383 shares of the company's stock worth $125,000 after buying an additional 249 shares during the period. Farther Finance Advisors LLC raised its holdings in shares of Wyndham Hotels & Resorts by 6,670.4% in the 1st quarter. Farther Finance Advisors LLC now owns 1,828 shares of the company's stock valued at $166,000 after purchasing an additional 1,801 shares in the last quarter. Park Avenue Securities LLC bought a new stake in Wyndham Hotels & Resorts during the 1st quarter valued at $255,000. Finally, Patriot Financial Group Insurance Agency LLC boosted its holdings in shares of Wyndham Hotels & Resorts by 8.4% in the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 4,749 shares of the company's stock valued at $430,000 after buying an additional 369 shares in the last quarter. Hedge funds and other institutional investors own 93.46% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on WH shares. Susquehanna upped their target price on Wyndham Hotels & Resorts from $80.00 to $110.00 and gave the company a "neutral" rating in a research report on Tuesday, February 25th. The Goldman Sachs Group cut their target price on Wyndham Hotels & Resorts from $124.00 to $108.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. Morgan Stanley decreased their target price on Wyndham Hotels & Resorts from $102.00 to $94.00 and set an "overweight" rating for the company in a report on Tuesday, April 22nd. Wells Fargo & Company upped their price objective on shares of Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the company an "overweight" rating in a report on Friday, February 14th. Finally, Redburn Atlantic raised Wyndham Hotels & Resorts from a "neutral" rating to a "buy" rating and set a $115.00 price target on the stock in a research report on Monday, March 24th. 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 a consensus rating of "Moderate Buy" and an average target price of $108.48.

Wyndham Hotels & Resorts Trading Down 2.9%

NYSE WH traded down $2.40 on Friday, reaching $78.99. 437,067 shares of the company were exchanged, compared to its average volume of 861,237. Wyndham Hotels & Resorts, Inc. has a fifty-two week low of $70.08 and a fifty-two week high of $113.07. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 3.72. The business's fifty day moving average price is $84.15 and its 200 day moving average price is $94.88. The stock has a market capitalization of $6.08 billion, a P/E ratio of 21.78, a price-to-earnings-growth ratio of 1.87 and a beta of 0.99.

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 the consensus estimate of $0.82 by $0.04. The business had revenue of $316.00 million during the quarter, compared to analysts' expectations 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 quarter in the prior year, the company posted $0.78 EPS. Analysts forecast that Wyndham Hotels & Resorts, Inc. will post 4.79 earnings per share for the current year.

Wyndham Hotels & Resorts Dividend Announcement

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 annualized dividend and a yield of 2.08%. The ex-dividend date of this dividend is Friday, June 13th. Wyndham Hotels & Resorts's dividend payout ratio is currently 38.86%.

Insiders Place Their Bets

In other news, CEO Geoffrey A. Ballotti sold 26,724 shares of the stock in a transaction dated Friday, May 16th. The shares were 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 now owns 467,394 shares in the company, valued at $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 available through this hyperlink. Insiders own 2.46% of the company's stock.

About Wyndham Hotels & Resorts

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.