Handelsbanken Fonder AB Has $1.79 Million Stake in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Handelsbanken Fonder AB lifted its stake in Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 45.9% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 22,900 shares of the company's stock after purchasing an additional 7,200 shares during the period. Handelsbanken Fonder AB's holdings in Wyndham Hotels & Resorts were worth $1,789,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of WH. GAMMA Investing LLC lifted its position in Wyndham Hotels & Resorts by 80.9% during 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. Blue Trust Inc. lifted its holdings in Wyndham Hotels & Resorts by 1,245.1% in the second quarter. Blue Trust Inc. now owns 686 shares of the company's stock valued at $53,000 after buying an additional 635 shares during the period. Family Firm Inc. bought a new position in Wyndham Hotels & Resorts in the second quarter valued at approximately $67,000. International Assets Investment Management LLC acquired a new stake in Wyndham Hotels & Resorts during the 2nd quarter worth $70,000. Finally, Concord Wealth Partners grew its holdings in Wyndham Hotels & Resorts by 70.8% during the 1st quarter. Concord Wealth Partners now owns 1,023 shares of the company's stock worth $79,000 after acquiring an additional 424 shares during the period. Institutional investors own 93.46% of the company's stock.

Insider Buying and Selling at Wyndham Hotels & Resorts

In other Wyndham Hotels & Resorts news, CAO Nicola Rossi sold 7,297 shares of the business's stock in a transaction that occurred on Friday, July 26th. The stock was sold at an average price of $76.70, for a total value of $559,679.90. Following the sale, the chief accounting officer now owns 4,107 shares in the company, valued at approximately $315,006.90. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In related news, CAO Nicola Rossi sold 7,297 shares of the firm's stock in a transaction on Friday, July 26th. The shares were sold at an average price of $76.70, for a total value of $559,679.90. Following the completion of the transaction, the chief accounting officer now owns 4,107 shares of the company's stock, valued at approximately $315,006.90. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Monica Melancon sold 5,040 shares of Wyndham Hotels & Resorts 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 completion of the sale, the insider now owns 10,606 shares in the company, valued at $823,661.96. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 12,640 shares of company stock valued at $974,351 in the last 90 days. 2.79% of the stock is currently owned by company insiders.

Wyndham Hotels & Resorts Stock Up 2.8 %

Shares of NYSE:WH traded up $2.20 during trading on Friday, hitting $81.77. 873,608 shares of the company's stock traded hands, compared to its average volume of 732,777. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 3.83. The company has a 50-day moving average price of $77.29 and a 200-day moving average price of $74.36. Wyndham Hotels & Resorts, Inc. has a 52 week low of $67.35 and a 52 week high of $82.02. The company has a market cap of $6.46 billion, a price-to-earnings ratio of 26.64, a price-to-earnings-growth ratio of 2.75 and a beta of 1.33.

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

Wyndham Hotels & Resorts Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Friday, September 13th were issued a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a yield of 1.86%. The ex-dividend date of this dividend was Friday, September 13th. Wyndham Hotels & Resorts's dividend payout ratio (DPR) is presently 49.51%.

Wall Street Analysts Forecast Growth

WH has been the topic of a number of analyst reports. The Goldman Sachs Group assumed coverage on Wyndham Hotels & Resorts in a research note on Wednesday, September 18th. They issued a "buy" rating and a $96.00 price target on the stock. Truist Financial reduced their target price on Wyndham Hotels & Resorts from $105.00 to $104.00 and set a "buy" rating on the stock in a report on Friday, July 26th. Susquehanna began coverage on Wyndham Hotels & Resorts in a research report on Friday, June 21st. They set a "neutral" rating and a $80.00 target price for the company. Stifel Nicolaus cut their price target on shares of Wyndham Hotels & Resorts from $91.50 to $89.00 and set a "buy" rating on the stock in a research report on Thursday, July 25th. Finally, StockNews.com upgraded shares of Wyndham Hotels & Resorts from a "sell" rating to a "hold" rating in a report on Thursday, September 19th. Two equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, Wyndham Hotels & Resorts has an average rating of "Moderate Buy" and a consensus target price of $90.25.

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.