Kiltearn Partners LLP Purchases New Stake in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Kiltearn Partners LLP bought a new position in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund bought 46,942 shares of the company's stock, valued at approximately $3,474,000. Kiltearn Partners LLP owned about 0.06% of Wyndham Hotels & Resorts at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in WH. Norges Bank acquired a new position in shares of Wyndham Hotels & Resorts in the 4th quarter worth approximately $71,677,000. Franklin Resources Inc. lifted its position in shares of Wyndham Hotels & Resorts by 1,878.9% in the 4th quarter. Franklin Resources Inc. now owns 161,280 shares of the company's stock worth $12,969,000 after purchasing an additional 153,130 shares during the period. TFO Wealth Partners LLC lifted its position in shares of Wyndham Hotels & Resorts by 41,100.0% in the 4th quarter. TFO Wealth Partners LLC now owns 824 shares of the company's stock worth $66,000 after purchasing an additional 822 shares during the period. Axiom Investors LLC DE lifted its position in shares of Wyndham Hotels & Resorts by 231.5% in the 4th quarter. Axiom Investors LLC DE now owns 106,980 shares of the company's stock worth $8,602,000 after purchasing an additional 74,705 shares during the period. Finally, Brown Brothers Harriman & Co. lifted its position in shares of Wyndham Hotels & Resorts by 36.9% in the 4th quarter. Brown Brothers Harriman & Co. now owns 185,960 shares of the company's stock worth $14,953,000 after purchasing an additional 50,128 shares during the period. 93.46% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the stock. StockNews.com upgraded shares of Wyndham Hotels & Resorts from a "sell" rating to a "hold" rating in a research report on Thursday, September 19th. Barclays boosted their target price on shares of Wyndham Hotels & Resorts from $88.00 to $90.00 and gave the company an "overweight" rating in a research report on Friday, July 26th. Truist Financial dropped their target price on shares of Wyndham Hotels & Resorts from $105.00 to $104.00 and set a "buy" rating on the stock in a research report on Friday, July 26th. 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 target price on the stock. Finally, Susquehanna began coverage on shares of Wyndham Hotels & Resorts in a research report on Friday, June 21st. They set a "neutral" rating and a $80.00 target price on the stock. Two investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $90.25.

Wyndham Hotels & Resorts Stock Up 1.1 %

WH traded up $0.90 during trading on Tuesday, hitting $80.25. 426,572 shares of the company's stock were exchanged, compared to its average volume of 739,225. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 3.83. The business's 50 day moving average is $76.20 and its two-hundred day moving average is $74.15. Wyndham Hotels & Resorts, Inc. has a fifty-two week low of $65.63 and a fifty-two week high of $81.73. The stock has a market cap of $6.47 billion, a P/E ratio of 28.14, a PEG ratio of 2.70 and a beta of 1.33.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last released its quarterly earnings data on Wednesday, July 24th. The company reported $1.13 earnings per share for the quarter, topping the consensus estimate of $1.03 by $0.10. Wyndham Hotels & Resorts had a net margin of 18.28% and a return on equity of 47.05%. The firm had revenue of $367.00 million for the quarter, compared to the consensus estimate of $370.58 million. During the same quarter in the prior year, the company posted $0.93 earnings per share. The business's revenue was up 1.4% on a year-over-year basis. As a group, equities analysts expect that Wyndham Hotels & Resorts, Inc. will post 4.27 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 27th. Stockholders of record on Friday, September 13th will be paid a $0.38 dividend. The ex-dividend date of this dividend is Friday, September 13th. This represents a $1.52 annualized dividend and a dividend yield of 1.89%. Wyndham Hotels & Resorts's payout ratio is 53.90%.

Insider Transactions at Wyndham Hotels & Resorts

In other news, insider Monica Melancon sold 5,040 shares of the company's stock in a transaction on Friday, September 6th. The shares were sold at an average price of $77.66, for a total value of $391,406.40. Following the completion of the sale, the insider now owns 10,606 shares in the company, valued at approximately $823,661.96. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other news, insider Monica Melancon sold 5,040 shares of the company's stock in a transaction on Friday, September 6th. The shares were sold at an average price of $77.66, for a total value of $391,406.40. Following the completion of the sale, the insider now owns 10,606 shares in the company, valued at approximately $823,661.96. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Nicola Rossi sold 7,297 shares of the company's stock in a transaction on Friday, July 26th. The stock was sold at an average price of $76.70, for a total transaction of $559,679.90. Following the completion of the sale, the chief accounting officer now owns 4,107 shares of the company's stock, valued at approximately $315,006.90. The disclosure for this sale can be found here. Insiders sold a total of 12,640 shares of company stock worth $974,351 in the last quarter. 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.