Keeley Teton Advisors LLC Has $1.93 Million Holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Keeley Teton Advisors LLC lessened its stake in Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 3.3% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,129 shares of the company’s stock after selling 870 shares during the quarter. Keeley Teton Advisors LLC’s holdings in Wyndham Hotels & Resorts were worth $1,929,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of WH. Norges Bank acquired a new stake in shares of Wyndham Hotels & Resorts during the 4th quarter worth approximately $71,677,000. Balyasny Asset Management L.P. grew its position in shares of Wyndham Hotels & Resorts by 219.0% during the 4th quarter. Balyasny Asset Management L.P. now owns 1,079,336 shares of the company’s stock worth $86,789,000 after buying an additional 740,992 shares during the period. Vanguard Group Inc. grew its position in shares of Wyndham Hotels & Resorts by 7.5% during the 1st quarter. Vanguard Group Inc. now owns 8,311,078 shares of the company’s stock worth $637,875,000 after buying an additional 581,909 shares during the period. Wellington Management Group LLP boosted its stake in Wyndham Hotels & Resorts by 10.9% during the 4th quarter. Wellington Management Group LLP now owns 5,545,099 shares of the company’s stock worth $445,881,000 after acquiring an additional 543,488 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its stake in Wyndham Hotels & Resorts by 41.1% during the 4th quarter. Goldman Sachs Group Inc. now owns 899,282 shares of the company’s stock worth $72,311,000 after acquiring an additional 262,031 shares during the last quarter. Institutional investors and hedge funds own 93.46% of the company’s stock.

Insider Transactions at Wyndham Hotels & Resorts

In related news, CFO Michele Allen sold 1,264 shares of the business’s stock in a transaction on Friday, May 24th. The shares were sold at an average price of $69.46, for a total transaction of $87,797.44. Following the transaction, the chief financial officer now directly owns 24,997 shares in the company, valued at $1,736,291.62. The sale was disclosed in a filing with the SEC, which is available through this link. In related news, CFO Michele Allen sold 1,264 shares of the business’s stock in a transaction on Friday, May 24th. The shares were sold at an average price of $69.46, for a total transaction of $87,797.44. Following the transaction, the chief financial officer now directly owns 24,997 shares in the company, valued at $1,736,291.62. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Scott R. Strickland sold 4,076 shares of the company’s stock in a transaction on Thursday, May 30th. The shares were sold at an average price of $67.81, for a total transaction of $276,393.56. Following the completion of the transaction, the insider now owns 28,912 shares in the company, valued at $1,960,522.72. The disclosure for this sale can be found here. Insiders have sold a total of 206,933 shares of company stock valued at $15,130,227 over the last 90 days. 2.79% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on WH shares. Truist Financial reduced their price objective on shares of Wyndham Hotels & Resorts from $105.00 to $104.00 and set a “buy” rating on the stock in a research note on Friday. Barclays lifted their price objective on shares of Wyndham Hotels & Resorts from $88.00 to $90.00 and gave the stock an “overweight” rating in a research note on Friday. Susquehanna started coverage on shares of Wyndham Hotels & Resorts in a research note on Friday, June 21st. They set a “neutral” rating and a $80.00 price objective on the stock. Stifel Nicolaus reduced their price objective on shares of Wyndham Hotels & Resorts from $91.50 to $89.00 and set a “buy” rating on the stock in a research note on Thursday. Finally, Robert W. Baird lifted their price objective on shares of Wyndham Hotels & Resorts from $86.00 to $88.00 and gave the stock an “outperform” rating in a research note on Friday, April 26th. Two research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $89.43.

Wyndham Hotels & Resorts Stock Down 0.0 %

WH traded down $0.03 during trading on Friday, reaching $76.57. The company had a trading volume of 940,390 shares, compared to its average volume of 840,254. The company has a debt-to-equity ratio of 3.27, a current ratio of 0.12 and a quick ratio of 0.70. Wyndham Hotels & Resorts, Inc. has a 12 month low of $65.63 and a 12 month high of $81.73. The business’s fifty day moving average price is $72.35 and its 200 day moving average price is $74.81. The company has a market cap of $6.17 billion, a P/E ratio of 27.15, a PEG ratio of 2.74 and a beta of 1.34.

Wyndham Hotels & Resorts (NYSE:WH) last announced its quarterly earnings data on Wednesday, July 24th. The company reported $1.13 EPS for the quarter, topping analysts’ consensus estimates of $1.03 by $0.10. The business had revenue of $367.00 million for the quarter, compared to analyst estimates of $370.58 million. Wyndham Hotels & Resorts had a net margin of 18.28% and a return on equity of 47.05%. The firm’s revenue for the quarter was up 1.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.93 earnings per share. Equities analysts anticipate that Wyndham Hotels & Resorts, Inc. will post 4.27 EPS for the current year.

Wyndham Hotels & Resorts Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Friday, June 14th were given a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.99%. The ex-dividend date was Friday, June 14th. Wyndham Hotels & Resorts’s dividend payout ratio is presently 53.90%.

About Wyndham Hotels & Resorts

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.