6,885 Shares in Wyndham Hotels & Resorts, Inc. (NYSE:WH) Purchased by iSAM Funds UK Ltd

iSAM Funds UK Ltd acquired a new stake in Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 6,885 shares of the company's stock, valued at approximately $538,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of WH. Thrivent Financial for Lutherans boosted its position in shares of 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. Burgundy Asset Management Ltd. boosted its holdings in Wyndham Hotels & Resorts by 70.9% during the 2nd quarter. Burgundy Asset Management Ltd. now owns 2,210,658 shares of the company's stock valued at $163,589,000 after acquiring an additional 916,742 shares during the period. TimesSquare Capital Management LLC grew its position in Wyndham Hotels & Resorts by 284,590.0% in the 3rd quarter. TimesSquare Capital Management LLC now owns 284,690 shares of the company's stock valued at $22,246,000 after acquiring an additional 284,590 shares in the last quarter. Copeland Capital Management LLC increased its stake in Wyndham Hotels & Resorts by 133.1% during the third quarter. Copeland Capital Management LLC now owns 409,324 shares of the company's stock worth $31,985,000 after purchasing an additional 233,754 shares during the period. Finally, Dimensional Fund Advisors LP increased its stake in Wyndham Hotels & Resorts by 18.9% during the second quarter. Dimensional Fund Advisors LP now owns 1,237,944 shares of the company's stock worth $91,609,000 after purchasing an additional 196,982 shares during the period. 93.46% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

WH has been the topic of a number of recent research reports. The Goldman Sachs Group initiated coverage on Wyndham Hotels & Resorts in a research report on Wednesday, September 18th. They set a "buy" rating and a $96.00 price objective on the stock. Oppenheimer upped their price target on Wyndham Hotels & Resorts from $90.00 to $115.00 and gave the stock an "outperform" rating in a report on Tuesday, November 12th. Stifel Nicolaus lifted their price objective on Wyndham Hotels & Resorts from $92.00 to $107.00 and gave the company a "buy" rating in a research note on Tuesday, November 26th. Truist Financial upped their target price on shares of 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, StockNews.com raised shares of Wyndham Hotels & Resorts from a "sell" rating to a "hold" rating in a report on Friday, November 1st. Three equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat.com, Wyndham Hotels & Resorts has an average rating of "Moderate Buy" and an average target price of $100.38.

Wyndham Hotels & Resorts Stock Performance

NYSE WH traded up $0.01 during trading on Friday, reaching $101.89. The company's stock had a trading volume of 631,528 shares, compared to its average volume of 645,548. The firm has a market cap of $7.93 billion, a price-to-earnings ratio of 32.35, a P/E/G ratio of 2.58 and a beta of 1.32. The company has a debt-to-equity ratio of 4.19, a quick ratio of 0.97 and a current ratio of 0.97. The business's fifty day moving average price is $89.76 and its 200-day moving average price is $79.88. Wyndham Hotels & Resorts, Inc. has a twelve month low of $67.67 and a twelve month high of $103.17.

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. The business had revenue of $396.00 million for the quarter, compared to analyst estimates of $408.32 million. Wyndham Hotels & Resorts had a return on equity of 51.79% and a net margin of 18.29%. The company's revenue was down 1.5% compared to the same quarter last year. During the same period in the previous year, the company posted $1.31 EPS. As a group, analysts anticipate that Wyndham Hotels & Resorts, Inc. will post 4.3 EPS for the current fiscal year.

Wyndham Hotels & Resorts Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Stockholders of record on Friday, December 13th will be given a $0.38 dividend. This represents a $1.52 annualized dividend and a dividend yield of 1.49%. The ex-dividend date is Friday, December 13th. Wyndham Hotels & Resorts's payout ratio is 48.25%.

Insider Activity

In other news, insider Scott R. Strickland sold 2,850 shares of the firm's stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $88.14, for a total transaction of $251,199.00. Following the completion of the sale, the insider now directly owns 26,062 shares in the company, valued at $2,297,104.68. This trade represents a 9.86 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, 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 value of $7,280,800.00. Following the sale, the director now 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 position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 97,850 shares of company stock worth $8,881,849. 2.79% of the stock is currently owned by corporate insiders.

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.