International Assets Investment Management LLC Buys 65,083 Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH)

International Assets Investment Management LLC raised its position in Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 6,887.1% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 66,028 shares of the company's stock after purchasing an additional 65,083 shares during the period. International Assets Investment Management LLC owned approximately 0.08% of Wyndham Hotels & Resorts worth $5,159,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of the company. GAMMA Investing LLC lifted its holdings in shares of 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 in the last quarter. Blue Trust Inc. lifted its stake 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 in the last quarter. Family Firm Inc. acquired a new position in shares of Wyndham Hotels & Resorts in the second quarter valued at approximately $67,000. Peddock Capital Advisors LLC bought a new stake in shares of Wyndham Hotels & Resorts during the third quarter worth $202,000. Finally, Venture Visionary Partners LLC acquired a new stake in shares of Wyndham Hotels & Resorts during the third quarter worth $209,000. 93.46% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Wyndham Hotels & Resorts

In other Wyndham Hotels & Resorts news, insider Monica Melancon sold 5,040 shares of the business's stock in a transaction that occurred on Friday, September 6th. The stock was sold at an average price of $77.66, for a total transaction of $391,406.40. Following the transaction, the insider now owns 10,606 shares of the company's stock, valued at $823,661.96. The trade was 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. In related news, Director Stephen P. Holmes sold 80,000 shares of Wyndham Hotels & Resorts stock in a transaction dated Friday, October 25th. The shares were sold at an average price of $91.01, for a total transaction of $7,280,800.00. Following the completion of the sale, the director now owns 366,371 shares of the company's stock, valued at approximately $33,343,424.71. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Monica Melancon sold 5,040 shares of the company's stock in a transaction dated 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 transaction, the insider now owns 10,606 shares in the company, valued at approximately $823,661.96. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 100,040 shares of company stock worth $9,022,056. Insiders own 2.79% of the company's stock.

Wyndham Hotels & Resorts Stock Down 0.3 %

NYSE WH traded down $0.30 during trading hours on Friday, hitting $88.02. 600,685 shares of the company traded hands, compared to its average volume of 918,889. The stock has a market capitalization of $6.85 billion, a price-to-earnings ratio of 27.94, a P/E/G ratio of 2.20 and a beta of 1.31. Wyndham Hotels & Resorts, Inc. has a twelve month low of $67.67 and a twelve month high of $91.93. The business's 50-day moving average is $80.51 and its 200-day moving average is $75.53. The company has a debt-to-equity ratio of 4.19, a quick ratio of 0.97 and a current ratio of 0.97.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last released its quarterly earnings data on Wednesday, October 23rd. The company reported $1.39 EPS for the quarter, beating the consensus estimate of $1.38 by $0.01. The company had revenue of $396.00 million during 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 firm's revenue for the quarter was down 1.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.31 EPS. Sell-side analysts anticipate that Wyndham Hotels & Resorts, Inc. will post 4.3 earnings per share for the current year.

Wyndham Hotels & Resorts Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Friday, September 13th were issued a $0.38 dividend. The ex-dividend date was Friday, September 13th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.73%. Wyndham Hotels & Resorts's payout ratio is 48.25%.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on WH shares. Stifel Nicolaus upped their target price 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. Robert W. Baird upped their price objective 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. Truist Financial lifted their target price on Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the company a "buy" rating in a research report on Friday, October 25th. StockNews.com raised Wyndham Hotels & Resorts from a "sell" rating to a "hold" rating in a research report on Friday. Finally, The Goldman Sachs Group initiated coverage on shares of Wyndham Hotels & Resorts in a report on Wednesday, September 18th. They issued a "buy" rating and a $96.00 price objective on the stock. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $95.00.

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.