International Assets Investment Management LLC Buys 15,485 Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH)

International Assets Investment Management LLC raised its holdings in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 7,941.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 15,680 shares of the company's stock after acquiring an additional 15,485 shares during the period. International Assets Investment Management LLC's holdings in Wyndham Hotels & Resorts were worth $1,261,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of WH. Wellington Management Group LLP lifted its stake in shares of Wyndham Hotels & Resorts by 150.2% in the 3rd quarter. Wellington Management Group LLP now owns 5,001,611 shares of the company's stock valued at $347,812,000 after purchasing an additional 3,002,259 shares during the period. Invesco Ltd. raised its position in Wyndham Hotels & Resorts by 55.2% during the third quarter. Invesco Ltd. now owns 1,337,980 shares of the company's stock worth $93,043,000 after acquiring an additional 475,682 shares during the period. PointState Capital LP acquired a new position in Wyndham Hotels & Resorts during the third quarter worth $18,646,000. Deutsche Bank AG raised its position in Wyndham Hotels & Resorts by 146.4% during the third quarter. Deutsche Bank AG now owns 301,159 shares of the company's stock worth $20,943,000 after acquiring an additional 178,948 shares during the period. Finally, Tudor Investment Corp Et Al raised its position in Wyndham Hotels & Resorts by 169.0% during the third quarter. Tudor Investment Corp Et Al now owns 130,868 shares of the company's stock worth $9,101,000 after acquiring an additional 82,215 shares during the period. 93.46% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on WH shares. StockNews.com assumed coverage on shares of Wyndham Hotels & Resorts in a research report on Friday. They set a "hold" rating for the company. Barclays reduced their target price on shares of Wyndham Hotels & Resorts from $90.00 to $87.00 and set an "overweight" rating for the company in a research report on Friday. Finally, Robert W. Baird dropped their price objective on shares of Wyndham Hotels & Resorts from $87.00 to $86.00 and set an "outperform" rating for the company in a report on Friday. One analyst has rated the stock with a hold rating and six have given a buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $88.00.

Insider Transactions at Wyndham Hotels & Resorts

In other news, CAO Nicola Rossi sold 3,200 shares of the stock in a transaction dated Tuesday, March 12th. The shares were sold at an average price of $79.00, for a total transaction of $252,800.00. Following the sale, the chief accounting officer now owns 11,404 shares of the company's stock, valued at $900,916. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 2.79% of the company's stock.

Wyndham Hotels & Resorts Trading Down 0.0 %

WH stock traded down $0.01 during mid-day trading on Monday, hitting $69.91. 772,040 shares of the company were exchanged, compared to its average volume of 661,605. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 2.90. The firm has a market capitalization of $5.66 billion, a P/E ratio of 20.56, a PEG ratio of 3.18 and a beta of 1.35. The business has a fifty day simple moving average of $76.06 and a 200-day simple moving average of $76.66. Wyndham Hotels & Resorts, Inc. has a 12-month low of $63.69 and a 12-month high of $81.73.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last announced its earnings results on Wednesday, February 14th. The company reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.90 by $0.01. The company had revenue of $321.00 million during the quarter, compared to analyst estimates of $321.35 million. Wyndham Hotels & Resorts had a net margin of 20.74% and a return on equity of 39.91%. Wyndham Hotels & Resorts's revenue was down 3.9% compared to the same quarter last year. During the same quarter last year, the firm posted $0.72 earnings per share. On average, equities research analysts predict that Wyndham Hotels & Resorts, Inc. will post 4.22 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Friday, March 15th were given a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a dividend yield of 2.17%. The ex-dividend date of this dividend was Thursday, March 14th. This is a boost from Wyndham Hotels & Resorts's previous quarterly dividend of $0.35. Wyndham Hotels & Resorts's dividend payout ratio is currently 44.71%.

Wyndham Hotels & Resorts Profile

Wyndham Hotels & Resorts, Inc operates as a hotel franchisor in the United States and internationally. It operates through Hotel Franchising and Hotel Management segments. The Hotel Franchising segment licenses its lodging brands and provides related services to third-party hotel owners and others.