International Assets Investment Management LLC Boosts Stock Holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

International Assets Investment Management LLC lifted its stake in Wyndham Hotels & Resorts, Inc. (NYSE:WHFree Report) by 7,941.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 15,680 shares of the company’s stock after purchasing 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 recently bought and sold shares of the stock. Strs Ohio purchased a new stake in shares of Wyndham Hotels & Resorts in the 3rd quarter valued at approximately $1,159,000. Fifth Third Bancorp lifted its holdings in Wyndham Hotels & Resorts by 7.1% during the 3rd quarter. Fifth Third Bancorp now owns 2,598 shares of the company’s stock worth $181,000 after buying an additional 173 shares during the last quarter. Manhattan West Asset Management LLC boosted its position in shares of Wyndham Hotels & Resorts by 29.5% during the 3rd quarter. Manhattan West Asset Management LLC now owns 11,339 shares of the company’s stock worth $828,000 after acquiring an additional 2,580 shares in the last quarter. Lmcg Investments LLC increased its holdings in shares of Wyndham Hotels & Resorts by 2.1% in the 3rd quarter. Lmcg Investments LLC now owns 28,838 shares of the company’s stock valued at $2,005,000 after acquiring an additional 596 shares during the last quarter. Finally, NBC Securities Inc. acquired a new stake in shares of Wyndham Hotels & Resorts during the 3rd quarter worth about $237,000. 93.46% of the stock is owned by institutional investors and hedge funds.

Wyndham Hotels & Resorts Trading Up 0.0 %

Shares of Wyndham Hotels & Resorts stock opened at $70.82 on Wednesday. The company has a debt-to-equity ratio of 3.27, a quick ratio of 0.70 and a current ratio of 0.70. The company has a market capitalization of $5.71 billion, a P/E ratio of 25.11, a PEG ratio of 2.52 and a beta of 1.33. Wyndham Hotels & Resorts, Inc. has a 1 year low of $63.69 and a 1 year high of $81.73. The company’s fifty day moving average is $74.24 and its two-hundred day moving average is $76.89.

Wyndham Hotels & Resorts (NYSE:WHGet Free Report) last released its quarterly earnings results on Wednesday, April 24th. The company reported $0.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.75 by $0.03. The firm had revenue of $305.00 million for the quarter, compared to analyst estimates of $308.24 million. Wyndham Hotels & Resorts had a return on equity of 41.83% and a net margin of 17.19%. The business’s revenue was down 2.6% on a year-over-year basis. During the same quarter last year, the company posted $0.86 earnings per share. Analysts forecast that Wyndham Hotels & Resorts, Inc. will post 4.25 earnings per share for the current year.

Wyndham Hotels & Resorts Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, June 14th will be issued a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a dividend yield of 2.15%. The ex-dividend date of this dividend is Friday, June 14th. Wyndham Hotels & Resorts’s dividend payout ratio is presently 53.90%.

Insider Activity at Wyndham Hotels & Resorts

In other Wyndham Hotels & Resorts news, CEO Geoffrey A. Ballotti sold 196,279 shares of the company’s stock in a transaction on Wednesday, May 1st. The shares were sold at an average price of $73.36, for a total transaction of $14,399,027.44. Following the completion of the transaction, the chief executive officer now owns 377,712 shares in the company, valued at approximately $27,708,952.32. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In related news, CAO Nicola Rossi sold 3,200 shares of the company’s stock in a transaction on Tuesday, March 12th. The stock was sold at an average price of $79.00, for a total transaction of $252,800.00. Following the transaction, 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 is available at this hyperlink. Also, CEO Geoffrey A. Ballotti sold 196,279 shares of the stock in a transaction on Wednesday, May 1st. The stock was sold at an average price of $73.36, for a total value of $14,399,027.44. Following the completion of the transaction, the chief executive officer now owns 377,712 shares of the company’s stock, valued at approximately $27,708,952.32. The disclosure for this sale can be found here. 2.79% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Robert W. Baird increased their price target on shares of Wyndham Hotels & Resorts from $86.00 to $88.00 and gave the company an “outperform” rating in a research note on Friday, April 26th. Barclays increased their target price on shares of Wyndham Hotels & Resorts from $87.00 to $88.00 and gave the company an “overweight” rating in a research report on Friday, April 26th. Finally, StockNews.com initiated coverage on shares of Wyndham Hotels & Resorts in a research report on Monday. They issued a “hold” rating for the company. One research analyst has rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat, Wyndham Hotels & Resorts currently has an average rating of “Moderate Buy” and a consensus price target of $88.17.

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About Wyndham Hotels & Resorts

(Free Report)

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.

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Institutional Ownership by Quarter for Wyndham Hotels & Resorts (NYSE:WH)

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