GAMMA Investing LLC Has $125,000 Stock Holdings in Wyndham Hotels & Resorts (NYSE:WH)

GAMMA Investing LLC boosted its holdings in shares of Wyndham Hotels & Resorts (NYSE:WH) by 22.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,383 shares of the company’s stock after buying an additional 249 shares during the period. GAMMA Investing LLC’s holdings in Wyndham Hotels & Resorts were worth $125,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Proficio Capital Partners LLC purchased a new position in shares of Wyndham Hotels & Resorts during the 4th quarter valued at $28,000. Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in shares of 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 worth $28,000 after purchasing an additional 234 shares in the last quarter. Smartleaf Asset Management LLC increased its stake in shares of Wyndham Hotels & Resorts by 46.0% in 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 purchased a new position in shares of Wyndham Hotels & Resorts in the fourth quarter worth about $41,000. Finally, FIL Ltd increased its stake in shares of Wyndham Hotels & Resorts by 226.6% in 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. Hedge funds and other institutional investors own 93.46% of the company’s stock.

Insider Transactions at Wyndham Hotels & Resorts

In other Wyndham Hotels & Resorts news, CEO Geoffrey A. Ballotti sold 26,724 shares of the company’s stock in a transaction dated 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 transaction, the chief executive officer owned 467,394 shares in the company, valued at approximately $40,088,383.38. This represents a 5.41% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 2.46% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the stock. Stifel Nicolaus cut their price objective on shares of Wyndham Hotels & Resorts from $121.00 to $102.75 and set a “buy” rating for the company in a research report on Thursday, May 1st. Barclays decreased their price target on shares of Wyndham Hotels & Resorts from $121.00 to $100.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 22nd. Robert W. Baird decreased their target price on shares of Wyndham Hotels & Resorts from $107.00 to $99.00 and set an “outperform” rating on the stock in a research note on Tuesday, May 6th. Truist Financial decreased 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 note on Friday, March 21st. Finally, Redburn Atlantic raised shares of Wyndham Hotels & Resorts from a “neutral” rating to a “buy” rating and set a $115.00 price objective on the stock in a research report on Monday, March 24th. Two investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $107.48.

Wyndham Hotels & Resorts Stock Performance

Shares of Wyndham Hotels & Resorts stock opened at $84.44 on Friday. The stock 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 firm’s 50-day moving average is $83.61 and its 200 day moving average is $92.65. Wyndham Hotels & Resorts has a 1 year low of $70.08 and a 1 year high of $113.07. 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) last announced its quarterly earnings results on Wednesday, April 30th. The company reported $0.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.82 by $0.04. The company had revenue of $316.00 million for the quarter, compared to analysts’ expectations of $320.10 million. Wyndham Hotels & Resorts had a net margin of 23.52% and a return on equity of 57.49%. Wyndham Hotels & Resorts’s revenue was up 3.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.78 EPS. Sell-side analysts anticipate that Wyndham Hotels & Resorts will post 4.79 EPS for the current fiscal year.

Wyndham Hotels & Resorts Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Friday, June 13th were paid a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 1.94%. The ex-dividend date was Friday, June 13th. Wyndham Hotels & Resorts’s dividend payout ratio is currently 38.86%.

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.