Natixis Advisors LLC Acquires 9,463 Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Natixis Advisors LLC increased its holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 37.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 34,537 shares of the company's stock after buying an additional 9,463 shares during the period. Natixis Advisors LLC's holdings in Wyndham Hotels & Resorts were worth $2,699,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of WH. Assetmark Inc. bought a new stake in shares of Wyndham Hotels & Resorts during the third quarter valued at about $30,000. GAMMA Investing LLC boosted its holdings in Wyndham Hotels & Resorts by 80.9% in the 2nd quarter. GAMMA Investing LLC now owns 463 shares of the company's stock valued at $34,000 after purchasing an additional 207 shares during the period. Concord Wealth Partners grew its position in shares of Wyndham Hotels & Resorts by 115.5% during the 3rd quarter. Concord Wealth Partners now owns 543 shares of the company's stock valued at $42,000 after purchasing an additional 291 shares in the last quarter. Blue Trust Inc. increased its stake 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. purchased a new stake in shares of Wyndham Hotels & Resorts in the 2nd quarter valued at about $67,000. 93.46% of the stock is currently owned by hedge funds and other institutional investors.

Wyndham Hotels & Resorts Stock Up 1.0 %

Wyndham Hotels & Resorts stock traded up $1.00 during trading hours on Monday, hitting $97.69. 743,074 shares of the stock traded hands, compared to its average volume of 751,290. Wyndham Hotels & Resorts, Inc. has a one year low of $67.67 and a one year high of $98.73. The firm's 50-day moving average price is $85.85 and its two-hundred day moving average price is $77.98. 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 company has a market cap of $7.60 billion, a PE ratio of 30.70, a PEG ratio of 2.45 and a beta of 1.31.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last announced its earnings results on Wednesday, October 23rd. The company reported $1.39 EPS for the quarter, beating analysts' consensus estimates of $1.38 by $0.01. The firm 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%. The company's quarterly revenue was down 1.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.31 EPS. On average, research analysts forecast that Wyndham Hotels & Resorts, Inc. will post 4.3 EPS for the current 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 given a $0.38 dividend. This represents a $1.52 annualized dividend and a dividend yield of 1.56%. The ex-dividend date is Friday, December 13th. Wyndham Hotels & Resorts's dividend payout ratio is presently 48.25%.

Insider Buying and Selling

In related news, insider Scott R. Strickland sold 2,850 shares of the stock in a transaction 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 of the company's stock, valued at $2,297,104.68. This trade represents a 9.86 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Monica Melancon sold 5,040 shares of the business's stock in a transaction dated Friday, September 6th. The stock was sold at an average price of $77.66, for a total value of $391,406.40. Following the completion of the transaction, the insider now directly owns 10,606 shares of the company's stock, valued at approximately $823,661.96. This trade represents a 32.21 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 102,890 shares of company stock worth $9,273,255 in the last quarter. Corporate insiders own 2.79% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on WH shares. Stifel Nicolaus lifted their price objective on shares of Wyndham Hotels & Resorts from $91.00 to $92.00 and gave the stock a "buy" rating in a report on Thursday, October 24th. StockNews.com upgraded Wyndham Hotels & Resorts from a "sell" rating to a "hold" rating in a report on Friday, November 1st. Robert W. Baird boosted their target price 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. The Goldman Sachs Group began coverage on shares of Wyndham Hotels & Resorts in a research report on Wednesday, September 18th. They set a "buy" rating and a $96.00 price target on the stock. Finally, Oppenheimer boosted their price objective on shares of Wyndham Hotels & Resorts from $90.00 to $115.00 and gave the stock an "outperform" rating in a report on Tuesday, November 12th. Two research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, Wyndham Hotels & Resorts presently has a consensus rating of "Moderate Buy" and a consensus target price of $97.86.

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.