Mutual of America Capital Management LLC Buys 102,115 Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Mutual of America Capital Management LLC raised its position in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 221.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 148,250 shares of the company's stock after buying an additional 102,115 shares during the quarter. Mutual of America Capital Management LLC owned about 0.19% of Wyndham Hotels & Resorts worth $11,584,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of WH. Assetmark Inc. purchased a new position in shares of Wyndham Hotels & Resorts in the 3rd quarter worth about $30,000. GAMMA Investing LLC increased 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 acquiring an additional 207 shares in the last quarter. Concord Wealth Partners increased 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 acquiring an additional 291 shares in the last quarter. Blue Trust Inc. raised its holdings in Wyndham Hotels & Resorts by 1,245.1% in the 2nd quarter. Blue Trust Inc. now owns 686 shares of the company's stock worth $53,000 after acquiring an additional 635 shares during the last quarter. Finally, Family Firm Inc. bought a new position in Wyndham Hotels & Resorts in the 2nd quarter valued at approximately $67,000. Institutional investors own 93.46% of the company's stock.

Wyndham Hotels & Resorts Stock Performance

Shares of NYSE:WH traded down $1.31 during midday trading on Monday, hitting $95.48. The company had a trading volume of 499,684 shares, compared to its average volume of 755,135. The company has a market cap of $7.43 billion, a price-to-earnings ratio of 30.31, a PEG ratio of 2.45 and a beta of 1.31. The company has a debt-to-equity ratio of 4.19, a current ratio of 0.97 and a quick ratio of 0.97. The company has a fifty day moving average of $84.39 and a two-hundred day moving average of $77.36. Wyndham Hotels & Resorts, Inc. has a 12-month low of $67.67 and a 12-month high of $98.73.

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

Analyst Ratings Changes

A number of research firms have commented on WH. Truist Financial lifted their target price on Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the stock a "buy" rating in a report on Friday, October 25th. Barclays upped 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. Stifel Nicolaus lifted their price target on shares of Wyndham Hotels & Resorts from $91.00 to $92.00 and gave the stock a "buy" rating in a research note on Thursday, October 24th. Oppenheimer boosted their price objective on shares of Wyndham Hotels & Resorts from $90.00 to $115.00 and gave the company an "outperform" rating in a report on Tuesday, November 12th. Finally, The Goldman Sachs Group initiated coverage on shares of Wyndham Hotels & Resorts in a research report on Wednesday, September 18th. They issued a "buy" rating and a $96.00 target price for the company. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $97.86.

Insiders Place Their Bets

In other Wyndham Hotels & Resorts news, 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 transaction of $1,349,850.00. Following the completion of the sale, the chief financial officer now directly owns 10,056 shares of the company's stock, valued at $904,939.44. This trade represents a 59.87 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Scott R. Strickland sold 2,850 shares of Wyndham Hotels & Resorts stock in a transaction that occurred on Tuesday, November 5th. The shares were sold at an average price of $88.14, for a total transaction of $251,199.00. Following the sale, the insider now owns 26,062 shares in the company, valued at approximately $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 quarter, insiders sold 102,890 shares of company stock worth $9,273,255. Corporate insiders own 2.79% of the company's stock.

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.