Kiltearn Partners LLP Increases Stock Position in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Kiltearn Partners LLP grew its holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 32.9% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 62,400 shares of the company's stock after purchasing an additional 15,458 shares during the period. Kiltearn Partners LLP owned approximately 0.08% of Wyndham Hotels & Resorts worth $4,876,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of WH. Thrivent Financial for Lutherans raised its position in Wyndham Hotels & Resorts by 40.8% in the third quarter. Thrivent Financial for Lutherans now owns 1,747,295 shares of the company's stock valued at $136,533,000 after purchasing an additional 506,593 shares during the last quarter. Impax Asset Management Group plc boosted its position in Wyndham Hotels & Resorts by 35.0% during the 3rd quarter. Impax Asset Management Group plc now owns 135,000 shares of the company's stock worth $10,549,000 after buying an additional 35,000 shares during the period. Natixis Advisors LLC grew its holdings in Wyndham Hotels & Resorts by 37.7% during the 3rd 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. Sequoia Financial Advisors LLC acquired a new position in Wyndham Hotels & Resorts in the 3rd quarter valued at approximately $680,000. Finally, Mutual of America Capital Management LLC raised its stake in shares of Wyndham Hotels & Resorts by 221.3% during the third quarter. Mutual of America Capital Management LLC now owns 148,250 shares of the company's stock valued at $11,584,000 after acquiring an additional 102,115 shares during the last quarter. Institutional investors own 93.46% of the company's stock.

Analysts Set New Price Targets

WH has been the topic of several analyst reports. Truist Financial boosted their price objective 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. Stifel Nicolaus increased their target price on shares of Wyndham Hotels & Resorts from $92.00 to $107.00 and gave the company a "buy" rating in a research report on Tuesday. Oppenheimer lifted their target price 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, November 12th. StockNews.com raised shares of Wyndham Hotels & Resorts from a "sell" rating to a "hold" rating in a research report on Friday, November 1st. Finally, Robert W. Baird lifted their price objective on Wyndham Hotels & Resorts from $92.00 to $97.00 and gave the stock an "outperform" rating in a research report on Friday, October 25th. Two research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $100.00.

Wyndham Hotels & Resorts Stock Down 0.1 %

Wyndham Hotels & Resorts stock traded down $0.12 during midday trading on Wednesday, hitting $97.91. 589,540 shares of the stock were exchanged, compared to its average volume of 750,046. 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 market capitalization of $7.62 billion, a price-to-earnings ratio of 30.98, a price-to-earnings-growth ratio of 2.48 and a beta of 1.31. Wyndham Hotels & Resorts, Inc. has a 52-week low of $67.67 and a 52-week high of $98.83. The business's 50-day moving average price is $86.64 and its 200-day moving average price is $78.34.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last posted its quarterly 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%. Wyndham Hotels & Resorts's revenue was down 1.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.31 EPS. On average, research analysts expect that Wyndham Hotels & Resorts, Inc. will post 4.3 EPS for the current fiscal year.

Wyndham Hotels & Resorts Announces Dividend

The business 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. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.55%. The ex-dividend date of this dividend is Friday, December 13th. Wyndham Hotels & Resorts's payout ratio is currently 48.25%.

Insider Activity

In other Wyndham Hotels & Resorts news, insider Scott R. Strickland sold 2,850 shares of the firm's stock in a transaction on 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 directly owns 26,062 shares of the company's stock, valued at $2,297,104.68. This trade represents a 9.86 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Monica Melancon sold 5,040 shares of the business's stock in a transaction on Friday, September 6th. The shares were sold at an average price of $77.66, for a total transaction of $391,406.40. Following the transaction, the insider now owns 10,606 shares of the company's stock, valued at $823,661.96. This trade represents a 32.21 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 102,890 shares of company stock worth $9,273,255. 2.79% of the stock is owned by corporate insiders.

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.