Cetera Investment Advisers Purchases 1,137 Shares of Wyndham Hotels & Resorts (NYSE:WH)

Cetera Investment Advisers grew its stake in Wyndham Hotels & Resorts (NYSE:WH) by 8.8% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 13,992 shares of the company’s stock after acquiring an additional 1,137 shares during the quarter. Cetera Investment Advisers’ holdings in Wyndham Hotels & Resorts were worth $1,266,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Avantax Advisory Services Inc. increased its position in Wyndham Hotels & Resorts by 2.8% in the first quarter. Avantax Advisory Services Inc. now owns 5,015 shares of the company’s stock worth $454,000 after buying an additional 135 shares in the last quarter. KLP Kapitalforvaltning AS lifted its stake in shares of Wyndham Hotels & Resorts by 3.6% in the 1st quarter. KLP Kapitalforvaltning AS now owns 17,500 shares of the company’s stock valued at $1,584,000 after purchasing an additional 600 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in Wyndham Hotels & Resorts during the 1st quarter valued at $787,000. Allianz Asset Management GmbH boosted its holdings in Wyndham Hotels & Resorts by 250.0% during the 1st quarter. Allianz Asset Management GmbH now owns 88,129 shares of the company’s stock valued at $7,977,000 after acquiring an additional 62,951 shares during the period. Finally, IFP Advisors Inc boosted its holdings in Wyndham Hotels & Resorts by 51.3% during the 1st quarter. IFP Advisors Inc now owns 2,514 shares of the company’s stock valued at $228,000 after acquiring an additional 852 shares during the period. 93.46% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Wyndham Hotels & Resorts news, CEO Geoffrey A. Ballotti sold 26,724 shares of the firm’s stock in a transaction on Friday, May 16th. The stock was sold at an average price of $85.77, for a total value of $2,292,117.48. Following the sale, the chief executive officer directly owned 467,394 shares in the company, valued at $40,088,383.38. This trade represents a 5.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 2.46% of the stock is currently owned by corporate insiders.

Wyndham Hotels & Resorts Trading Up 0.2%

NYSE:WH opened at $83.92 on Monday. The firm has a market cap of $6.41 billion, a PE ratio of 19.61, a price-to-earnings-growth ratio of 1.48 and a beta of 0.99. The stock has a fifty day moving average price of $84.35 and a 200 day moving average price of $90.05. Wyndham Hotels & Resorts has a 12-month low of $72.63 and a 12-month high of $113.07. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 4.44.

Wyndham Hotels & Resorts (NYSE:WH) last released its earnings results on Wednesday, July 23rd. The company reported $1.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.16 by $0.17. The firm had revenue of $397.00 million during the quarter, compared to analyst estimates of $384.69 million. Wyndham Hotels & Resorts had a return on equity of 60.79% and a net margin of 23.10%. Wyndham Hotels & Resorts’s revenue was up 8.2% compared to the same quarter last year. During the same period last year, the business posted $1.13 earnings per share. Sell-side analysts anticipate that Wyndham Hotels & Resorts will post 4.79 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Friday, June 13th were paid a $0.41 dividend. The ex-dividend date was Friday, June 13th. This represents a $1.64 dividend on an annualized basis and a yield of 2.0%. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is currently 38.32%.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on WH. Stifel Nicolaus decreased their target price on 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. Robert W. Baird boosted their target price on Wyndham Hotels & Resorts from $98.00 to $99.00 and gave the stock an “outperform” rating in a research note on Friday, July 25th. Truist Financial lifted their price target on Wyndham Hotels & Resorts from $100.00 to $101.00 and gave the stock a “buy” rating in a research report on Friday, July 25th. Barclays boosted their price objective on Wyndham Hotels & Resorts from $100.00 to $101.00 and gave the company an “overweight” rating in a report on Friday, July 25th. Finally, The Goldman Sachs Group reduced their price target on Wyndham Hotels & Resorts from $124.00 to $108.00 and set a “buy” rating for the company in a report on Monday, April 14th. Two equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. Based on data from MarketBeat, Wyndham Hotels & Resorts has an average rating of “Moderate Buy” and an average target price of $106.98.

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.