Atom Investors LP Grows Stock Position in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Atom Investors LP lifted its position in Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 126.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 23,859 shares of the company’s stock after acquiring an additional 13,342 shares during the period. Atom Investors LP’s holdings in Wyndham Hotels & Resorts were worth $1,864,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in WH. Thrivent Financial for Lutherans boosted its stake in Wyndham Hotels & Resorts by 40.8% during the 3rd quarter. Thrivent Financial for Lutherans now owns 1,747,295 shares of the company’s stock worth $136,533,000 after purchasing an additional 506,593 shares during the last quarter. Natixis Advisors LLC boosted its position in Wyndham Hotels & Resorts by 37.7% during the third quarter. Natixis Advisors LLC now owns 34,537 shares of the company’s stock worth $2,699,000 after acquiring an additional 9,463 shares during the last quarter. Impax Asset Management Group plc boosted its position in Wyndham Hotels & Resorts by 35.0% during the third quarter. Impax Asset Management Group plc now owns 135,000 shares of the company’s stock worth $10,549,000 after acquiring an additional 35,000 shares during the last quarter. Sequoia Financial Advisors LLC acquired a new stake in Wyndham Hotels & Resorts in the 3rd quarter valued at about $680,000. Finally, Mutual of America Capital Management LLC lifted its stake in Wyndham Hotels & Resorts by 221.3% in the 3rd quarter. Mutual of America Capital Management LLC now owns 148,250 shares of the company’s stock worth $11,584,000 after purchasing an additional 102,115 shares in the last quarter. 93.46% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Wyndham Hotels & Resorts

In related news, CFO Michele Allen sold 15,000 shares of Wyndham Hotels & Resorts stock in a transaction that occurred on Friday, October 25th. The stock was sold at an average price of $89.99, for a total transaction of $1,349,850.00. Following the completion of the transaction, the chief financial officer now directly owns 10,056 shares in the company, valued at $904,939.44. The trade was a 59.87 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Stephen P. Holmes sold 80,000 shares of the business’s stock in a transaction on Friday, October 25th. The stock was sold at an average price of $91.01, for a total value of $7,280,800.00. Following the completion of the transaction, the director now directly owns 366,371 shares of the company’s stock, valued at approximately $33,343,424.71. This trade represents a 17.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 102,890 shares of company stock worth $9,273,255 over the last three months. 2.79% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of equities analysts have weighed in on the company. Robert W. Baird boosted their price objective on Wyndham Hotels & Resorts from $92.00 to $97.00 and gave the stock an “outperform” rating in a research note on Friday, October 25th. The Goldman Sachs Group began coverage on shares of Wyndham Hotels & Resorts in a research report on Wednesday, September 18th. They set a “buy” rating and a $96.00 price target on the stock. Stifel Nicolaus raised their price objective on shares of Wyndham Hotels & Resorts from $92.00 to $107.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. StockNews.com raised shares of Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a research note on Friday, November 1st. Finally, Barclays increased their price target on shares of Wyndham Hotels & Resorts from $90.00 to $100.00 and gave the company an “overweight” rating in a research note on Friday, October 25th. Two analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, Wyndham Hotels & Resorts currently has an average rating of “Moderate Buy” and a consensus price target of $100.00.

Wyndham Hotels & Resorts Stock Performance

Shares of WH opened at $97.99 on Tuesday. The company’s 50 day simple moving average is $87.74 and its 200-day simple moving average is $78.91. Wyndham Hotels & Resorts, Inc. has a 12-month low of $67.67 and a 12-month high of $99.11. The firm has a market cap of $7.62 billion, a PE ratio of 31.11, a price-to-earnings-growth ratio of 2.49 and a beta of 1.32. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 4.19.

Wyndham Hotels & Resorts (NYSE:WH) last posted its quarterly earnings data on Wednesday, October 23rd. The company reported $1.39 earnings per share for the quarter, topping analysts’ consensus estimates of $1.38 by $0.01. Wyndham Hotels & Resorts had a return on equity of 51.79% and a net margin of 18.29%. The company had revenue of $396.00 million during the quarter, compared to analysts’ expectations of $408.32 million. During the same period last year, the firm earned $1.31 EPS. The firm’s revenue for the quarter was down 1.5% on a year-over-year basis. As a group, equities analysts predict that Wyndham Hotels & Resorts, Inc. will post 4.3 EPS for the current year.

Wyndham Hotels & Resorts Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 27th. Stockholders of record on Friday, December 13th will be issued a $0.38 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $1.52 annualized dividend and a dividend yield of 1.55%. Wyndham Hotels & Resorts’s dividend payout ratio is currently 48.25%.

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.