Wyndham Hotels & Resorts, Inc. (NYSE:WH) Shares Bought by Impax Asset Management Group plc

Impax Asset Management Group plc grew its position in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 35.0% in the third quarter, according to its most recent filing with the SEC. The fund owned 135,000 shares of the company's stock after acquiring an additional 35,000 shares during the quarter. Impax Asset Management Group plc owned about 0.17% of Wyndham Hotels & Resorts worth $10,549,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Sequoia Financial Advisors LLC purchased a new stake in Wyndham Hotels & Resorts during the third quarter valued at approximately $680,000. International Assets Investment Management LLC raised its holdings in Wyndham Hotels & Resorts by 6,887.1% during the 3rd quarter. International Assets Investment Management LLC now owns 66,028 shares of the company's stock valued at $5,159,000 after buying an additional 65,083 shares during the period. Hsbc Holdings PLC bought a new stake in Wyndham Hotels & Resorts in the second quarter worth $1,425,000. Thrivent Financial for Lutherans boosted its stake in Wyndham Hotels & Resorts by 377.5% during the second quarter. Thrivent Financial for Lutherans now owns 1,240,702 shares of the company's stock worth $91,812,000 after buying an additional 980,848 shares during the period. Finally, CANADA LIFE ASSURANCE Co increased its position in Wyndham Hotels & Resorts by 19.0% during the first quarter. CANADA LIFE ASSURANCE Co now owns 58,453 shares of the company's stock valued at $4,487,000 after acquiring an additional 9,325 shares during the last quarter. 93.46% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts recently commented on WH shares. Oppenheimer lifted their price target on shares of Wyndham Hotels & Resorts from $90.00 to $115.00 and gave the stock an "outperform" rating in a research note on Tuesday. The Goldman Sachs Group began coverage on Wyndham Hotels & Resorts in a research report on Wednesday, September 18th. They set a "buy" rating and a $96.00 target price for the company. Robert W. Baird upped their target price on Wyndham Hotels & Resorts from $92.00 to $97.00 and gave the company an "outperform" rating in a research note on Friday, October 25th. Truist Financial raised their price target on Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the stock a "buy" rating in a research note on Friday, October 25th. Finally, Stifel Nicolaus upped their price objective on Wyndham Hotels & Resorts from $91.00 to $92.00 and gave the company a "buy" rating in a research report on Thursday, October 24th. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $97.86.

Insider Transactions at Wyndham Hotels & Resorts

In related news, CFO Michele Allen sold 15,000 shares of the firm's stock in a transaction dated 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 sale, the chief financial officer now owns 10,056 shares of the company's stock, valued at $904,939.44. This trade represents a 59.87 % decrease in their ownership of the stock. 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 Wyndham Hotels & Resorts stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of $88.14, for a total value of $251,199.00. Following the completion of the transaction, the insider now owns 26,062 shares in the company, valued at $2,297,104.68. This trade represents a 9.86 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 102,890 shares of company stock valued at $9,273,255. Company insiders own 2.79% of the company's stock.

Wyndham Hotels & Resorts Trading Up 0.1 %

NYSE:WH traded up $0.10 during midday trading on Friday, hitting $96.79. The stock had a trading volume of 682,397 shares, compared to its average volume of 992,872. 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 stock has a 50-day moving average of $84.04 and a 200 day moving average of $77.15. The company has a market capitalization of $7.53 billion, a price-to-earnings ratio of 30.73, a PEG ratio of 2.45 and a beta of 1.31. Wyndham Hotels & Resorts, Inc. has a one year low of $67.67 and a one year high of $98.73.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last released its quarterly earnings data on Wednesday, October 23rd. The company reported $1.39 earnings per share for the quarter, beating the consensus estimate 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 firm had revenue of $396.00 million during the quarter, compared to the consensus estimate of $408.32 million. During the same period in the previous year, the company posted $1.31 earnings per share. The firm's quarterly revenue was down 1.5% on a year-over-year basis. As a group, sell-side analysts forecast that Wyndham Hotels & Resorts, Inc. will post 4.3 EPS for the current year.

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.