Centiva Capital LP Buys Shares of 5,603 Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Centiva Capital LP purchased a new stake in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 5,603 shares of the company's stock, valued at approximately $438,000.

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

Wyndham Hotels & Resorts Stock Down 0.7 %

Shares of NYSE:WH traded down $0.71 during trading on Monday, reaching $101.18. The stock had a trading volume of 967,008 shares, compared to its average volume of 749,502. Wyndham Hotels & Resorts, Inc. has a one year low of $67.67 and a one year high of $103.17. The company has a market capitalization of $7.87 billion, a P/E ratio of 32.12, a PEG ratio of 2.58 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. The firm's 50-day simple moving average is $90.22 and its 200 day simple moving average is $80.17.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last announced its quarterly earnings data on Wednesday, October 23rd. The company reported $1.39 EPS for the quarter, beating the consensus estimate of $1.38 by $0.01. The firm had revenue of $396.00 million during the quarter, compared to analyst estimates of $408.32 million. Wyndham Hotels & Resorts had a net margin of 18.29% and a return on equity of 51.79%. Wyndham Hotels & Resorts's revenue was down 1.5% on a year-over-year basis. During the same period last year, the firm posted $1.31 EPS. As a group, research analysts expect that Wyndham Hotels & Resorts, Inc. will post 4.3 EPS 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 given a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a yield of 1.50%. The ex-dividend date of this dividend is Friday, December 13th. Wyndham Hotels & Resorts's dividend payout ratio is presently 48.25%.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on WH. StockNews.com raised shares of Wyndham Hotels & Resorts from a "sell" rating to a "hold" rating in a research note on Friday, November 1st. Truist Financial increased their target price on shares of Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the company a "buy" rating in a research note on Friday, October 25th. Oppenheimer increased their target price on shares of Wyndham Hotels & Resorts from $90.00 to $115.00 and gave the company an "outperform" rating in a research note on Tuesday, November 12th. Robert W. Baird increased their target price on shares of Wyndham Hotels & Resorts from $92.00 to $97.00 and gave the company an "outperform" rating in a research note on Friday, October 25th. Finally, Barclays increased their target price 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. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $100.38.

Insiders Place Their Bets

In other news, Director Stephen P. Holmes sold 80,000 shares of the firm's stock in a transaction that occurred on Friday, October 25th. The shares were sold at an average price of $91.01, for a total transaction of $7,280,800.00. Following the sale, the director now owns 366,371 shares of the company's stock, valued at $33,343,424.71. This trade represents a 17.92 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Scott R. Strickland sold 2,850 shares of the firm's stock in a transaction that occurred on Tuesday, November 5th. The stock was sold at an average price of $88.14, for a total transaction of $251,199.00. Following the sale, the insider now directly owns 26,062 shares in the company, valued at $2,297,104.68. The trade was a 9.86 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 97,850 shares of company stock valued at $8,881,849. 2.79% of the stock is owned by insiders.

Wyndham Hotels & Resorts Company 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.