Deltec Asset Management LLC Trims Holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Deltec Asset Management LLC lowered its stake in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 30.4% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 16,000 shares of the company's stock after selling 7,000 shares during the period. Deltec Asset Management LLC's holdings in Wyndham Hotels & Resorts were worth $1,250,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Thrivent Financial for Lutherans increased its position in shares of Wyndham Hotels & Resorts by 377.5% during the 2nd quarter. Thrivent Financial for Lutherans now owns 1,240,702 shares of the company's stock valued at $91,812,000 after purchasing an additional 980,848 shares during the last quarter. Burgundy Asset Management Ltd. increased its position in shares of Wyndham Hotels & Resorts by 70.9% during the 2nd quarter. Burgundy Asset Management Ltd. now owns 2,210,658 shares of the company's stock valued at $163,589,000 after purchasing an additional 916,742 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Wyndham Hotels & Resorts by 7.5% during the 1st quarter. Vanguard Group Inc. now owns 8,311,078 shares of the company's stock valued at $637,875,000 after purchasing an additional 581,909 shares during the last quarter. Janus Henderson Group PLC increased its position in shares of Wyndham Hotels & Resorts by 1,186.0% during the 1st quarter. Janus Henderson Group PLC now owns 509,441 shares of the company's stock valued at $39,092,000 after purchasing an additional 469,827 shares during the last quarter. Finally, Boston Partners increased its position in shares of Wyndham Hotels & Resorts by 15.4% during the 1st quarter. Boston Partners now owns 3,227,106 shares of the company's stock valued at $247,646,000 after purchasing an additional 430,053 shares during the last quarter. Institutional investors own 93.46% of the company's stock.

Wyndham Hotels & Resorts Price Performance

WH stock traded down $0.40 during midday trading on Wednesday, hitting $88.87. The company's stock had a trading volume of 74,224 shares, compared to its average volume of 750,687. Wyndham Hotels & Resorts, Inc. has a 12 month low of $67.67 and a 12 month high of $91.93. 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 firm has a market capitalization of $6.91 billion, a price-to-earnings ratio of 28.34, a price-to-earnings-growth ratio of 2.69 and a beta of 1.33. The company has a 50 day moving average of $79.84 and a two-hundred day moving average of $75.23.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last posted its quarterly earnings results on Wednesday, October 23rd. The company reported $1.39 earnings per share for the quarter, topping the consensus estimate of $1.38 by $0.01. Wyndham Hotels & Resorts had a return on equity of 51.79% and a net margin of 18.29%. The business had revenue of $396.00 million during the quarter, compared to the consensus estimate of $408.32 million. During the same period in the prior year, the company posted $1.31 EPS. The firm's revenue for the quarter was down 1.5% compared to the same quarter last year. On average, analysts expect that Wyndham Hotels & Resorts, Inc. will post 4.28 EPS for the current year.

Wyndham Hotels & Resorts Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Friday, September 13th were paid a $0.38 dividend. The ex-dividend date was Friday, September 13th. This represents a $1.52 annualized dividend and a yield of 1.71%. Wyndham Hotels & Resorts's payout ratio is 48.25%.

Insiders Place Their Bets

In other news, CFO Michele Allen sold 15,000 shares of the stock in a transaction that occurred on Friday, October 25th. The stock was sold at an average price of $89.99, for a total transaction of $1,349,850.00. Following the completion of the transaction, the chief financial officer now directly owns 10,056 shares in the company, valued at approximately $904,939.44. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, Director Stephen P. Holmes sold 80,000 shares of the firm's stock in a transaction on Friday, October 25th. The stock was sold at an average price of $91.01, for a total value of $7,280,800.00. Following the completion of the sale, the director now directly owns 366,371 shares in the company, valued at $33,343,424.71. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Michele Allen sold 15,000 shares of the firm's stock in a transaction on Friday, October 25th. The stock was sold at an average price of $89.99, for a total value of $1,349,850.00. Following the completion of the sale, the chief financial officer now owns 10,056 shares of the company's stock, valued at approximately $904,939.44. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 100,040 shares of company stock worth $9,022,056 in the last three months. 2.79% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Barclays increased their target price on shares of Wyndham Hotels & Resorts from $90.00 to $100.00 and gave the stock an "overweight" rating in a report on Friday, October 25th. StockNews.com raised shares of Wyndham Hotels & Resorts from a "sell" rating to a "hold" rating in a report on Tuesday, October 22nd. Stifel Nicolaus increased their target price 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. Robert W. Baird increased their target price on shares of Wyndham Hotels & Resorts from $92.00 to $97.00 and gave the stock an "outperform" rating in a report on Friday, October 25th. Finally, Truist Financial increased their target price on shares of Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the stock a "buy" rating in a report on Friday, October 25th. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $95.00.

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.