Quantbot Technologies LP Invests $428,000 in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Quantbot Technologies LP bought a new position in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 5,478 shares of the company's stock, valued at approximately $428,000.

Other large investors have also recently added to or reduced their stakes in the company. Assetmark Inc. acquired a new stake in Wyndham Hotels & Resorts during the third quarter worth about $30,000. GAMMA Investing LLC increased its stake in Wyndham Hotels & Resorts by 80.9% during the second quarter. GAMMA Investing LLC now owns 463 shares of the company's stock worth $34,000 after acquiring an additional 207 shares during the last quarter. First Horizon Advisors Inc. increased its stake in Wyndham Hotels & Resorts by 76.9% during the third quarter. First Horizon Advisors Inc. now owns 467 shares of the company's stock worth $36,000 after acquiring an additional 203 shares during the last quarter. Concord Wealth Partners grew its stake in shares of Wyndham Hotels & Resorts by 115.5% in the third quarter. Concord Wealth Partners now owns 543 shares of the company's stock valued at $42,000 after buying an additional 291 shares in the last quarter. Finally, Blue Trust Inc. grew its stake in shares of 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. 93.46% of the stock is currently owned by hedge funds and other institutional investors.

Wyndham Hotels & Resorts Stock Performance

NYSE:WH traded up $3.27 during trading hours on Wednesday, reaching $101.07. 825,794 shares of the stock were exchanged, compared to its average volume of 749,397. 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 50 day simple moving average of $88.47 and a 200-day simple moving average of $79.29. Wyndham Hotels & Resorts, Inc. has a 52 week low of $67.67 and a 52 week high of $101.35. The stock has a market capitalization of $7.86 billion, a P/E ratio of 32.03, a P/E/G ratio of 2.48 and a beta of 1.32.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last released its earnings results on Wednesday, October 23rd. The company reported $1.39 EPS for the quarter, topping analysts' consensus estimates 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 company had revenue of $396.00 million for the quarter, compared to the consensus estimate of $408.32 million. During the same quarter last year, the business posted $1.31 EPS. Wyndham Hotels & Resorts's quarterly revenue was down 1.5% compared to the same quarter last year. As a group, sell-side analysts forecast that Wyndham Hotels & Resorts, Inc. will post 4.3 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 27th. Investors of record on Friday, December 13th will be given a dividend of $0.38 per share. The ex-dividend date of this dividend is Friday, December 13th. This represents a $1.52 dividend on an annualized basis and a yield of 1.50%. Wyndham Hotels & Resorts's dividend payout ratio is currently 48.25%.

Insider Activity at Wyndham Hotels & Resorts

In related 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 completion of the transaction, the insider now owns 10,606 shares in the company, valued at $823,661.96. The trade was a 32.21 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Scott R. Strickland sold 2,850 shares of the business's stock in a transaction that occurred on Tuesday, November 5th. The shares were sold at an average price of $88.14, for a total value of $251,199.00. Following the transaction, the insider now owns 26,062 shares of the company's stock, valued at $2,297,104.68. This represents a 9.86 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 102,890 shares of company stock worth $9,273,255 in the last 90 days. 2.79% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the company. 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 target price for the company. Oppenheimer increased their target price on Wyndham Hotels & Resorts from $90.00 to $115.00 and gave the company an "outperform" rating in a research note on Tuesday, November 12th. StockNews.com upgraded Wyndham Hotels & Resorts from a "sell" rating to a "hold" rating in a research note on Friday, November 1st. Truist Financial increased their target price on Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the company a "buy" rating in a research note on Friday, October 25th. Finally, Robert W. Baird raised their price objective on Wyndham Hotels & Resorts from $92.00 to $97.00 and gave the company an "outperform" rating in a research note on Friday, October 25th. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, Wyndham Hotels & Resorts presently has a consensus rating of "Moderate Buy" and a consensus price target of $100.00.

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.