Atom Investors LP Purchases 13,342 Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Atom Investors LP increased its position in Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 126.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 23,859 shares of the company's stock after purchasing an additional 13,342 shares during the period. Atom Investors LP's holdings in Wyndham Hotels & Resorts were worth $1,864,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in WH. Assetmark Inc. bought a new position in Wyndham Hotels & Resorts during the 3rd quarter valued at approximately $30,000. GAMMA Investing LLC lifted its stake in shares of Wyndham Hotels & Resorts by 80.9% in the second quarter. GAMMA Investing LLC now owns 463 shares of the company's stock worth $34,000 after buying an additional 207 shares in the last quarter. First Horizon Advisors Inc. boosted its stake in Wyndham Hotels & Resorts by 76.9% during the 3rd quarter. First Horizon Advisors Inc. now owns 467 shares of the company's stock valued at $36,000 after purchasing an additional 203 shares during the last quarter. Concord Wealth Partners raised its stake in shares of Wyndham Hotels & Resorts by 115.5% in the third quarter. Concord Wealth Partners now owns 543 shares of the company's stock worth $42,000 after purchasing an additional 291 shares during the last quarter. Finally, Brooklyn Investment Group bought a new position in shares of Wyndham Hotels & Resorts during the third quarter valued at $49,000. Institutional investors own 93.46% of the company's stock.

Insider Buying and Selling at Wyndham Hotels & Resorts

In other news, Director Stephen P. Holmes sold 80,000 shares of Wyndham Hotels & Resorts stock in a transaction dated 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 sale, the director now directly owns 366,371 shares of the company's stock, valued at approximately $33,343,424.71. The trade was a 17.92 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Michele Allen sold 15,000 shares of the stock in a transaction that occurred on Friday, October 25th. The shares were sold at an average price of $89.99, for a total value of $1,349,850.00. Following the transaction, the chief financial officer now directly owns 10,056 shares of the company's stock, valued at approximately $904,939.44. The trade was a 59.87 % 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 valued at $9,273,255 over the last ninety days. 2.79% of the stock is currently owned by company insiders.

Wyndham Hotels & Resorts Stock Performance

WH traded down $0.23 during midday trading on Tuesday, reaching $97.76. The company had a trading volume of 98,399 shares, compared to its average volume of 747,624. Wyndham Hotels & Resorts, Inc. has a 1 year low of $67.67 and a 1 year high of $99.11. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 4.19. The company has a market cap of $7.60 billion, a P/E ratio of 31.11, a P/E/G ratio of 2.49 and a beta of 1.32. The business has a 50-day moving average of $88.11 and a two-hundred day moving average of $79.10.

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

Wyndham Hotels & Resorts Announces Dividend

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

Analysts Set New Price Targets

A number of equities analysts have weighed in on the company. StockNews.com raised Wyndham Hotels & Resorts from a "sell" rating to a "hold" rating in a research report on Friday, November 1st. Barclays lifted their target price on shares of Wyndham Hotels & Resorts from $90.00 to $100.00 and gave the stock an "overweight" rating in a research report on Friday, October 25th. Robert W. Baird increased their price target on Wyndham Hotels & Resorts from $92.00 to $97.00 and gave the company an "outperform" rating in a report on Friday, October 25th. Stifel Nicolaus lifted their price objective on Wyndham Hotels & Resorts from $92.00 to $107.00 and gave the stock a "buy" rating in a report on Tuesday, November 26th. Finally, Oppenheimer raised their target price on Wyndham Hotels & Resorts from $90.00 to $115.00 and gave the stock an "outperform" rating in a research report on Tuesday, November 12th. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat, Wyndham Hotels & Resorts presently has an average rating of "Moderate Buy" and a consensus price target of $100.00.

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.