Wyndham Hotels & Resorts, Inc. (NYSE:WH) Shares Bought by TimesSquare Capital Management LLC

TimesSquare Capital Management LLC increased its holdings in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 284,590.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 284,690 shares of the company's stock after purchasing an additional 284,590 shares during the quarter. TimesSquare Capital Management LLC owned approximately 0.37% of Wyndham Hotels & Resorts worth $22,246,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in WH. Legacy Capital Wealth Partners LLC acquired a new position in Wyndham Hotels & Resorts during the third quarter worth approximately $231,000. Assetmark Inc. acquired a new position in Wyndham Hotels & Resorts during the third quarter worth approximately $30,000. Equitable Trust Co. increased its holdings in shares of Wyndham Hotels & Resorts by 1.9% in the third quarter. Equitable Trust Co. now owns 9,160 shares of the company's stock valued at $716,000 after purchasing an additional 174 shares during the period. Impax Asset Management Group plc increased its holdings in shares of Wyndham Hotels & Resorts by 35.0% in the third quarter. Impax Asset Management Group plc now owns 135,000 shares of the company's stock valued at $10,549,000 after purchasing an additional 35,000 shares during the period. Finally, Van ECK Associates Corp increased its holdings in shares of Wyndham Hotels & Resorts by 1.8% in the third quarter. Van ECK Associates Corp now owns 63,732 shares of the company's stock valued at $5,189,000 after purchasing an additional 1,100 shares during the period. Hedge funds and other institutional investors own 93.46% of the company's stock.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the company. Stifel Nicolaus boosted their target price on Wyndham Hotels & Resorts from $91.00 to $92.00 and gave the company a "buy" rating in a report on Thursday, October 24th. The Goldman Sachs Group began coverage on Wyndham Hotels & Resorts in a report on Wednesday, September 18th. They issued a "buy" rating and a $96.00 target price on the stock. Barclays upped their price objective on Wyndham Hotels & Resorts from $90.00 to $100.00 and gave the stock an "overweight" rating in a report on Friday, October 25th. 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 report on Friday, October 25th. Finally, StockNews.com raised Wyndham Hotels & Resorts from a "sell" rating to a "hold" rating in a report on Friday, November 1st. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $95.00.

Wyndham Hotels & Resorts Price Performance

WH traded up $1.22 during trading on Monday, reaching $97.14. 874,059 shares of the stock were exchanged, compared to its average volume of 755,432. The business's 50 day moving average price is $82.45 and its two-hundred day moving average price is $76.54. The company has a debt-to-equity ratio of 4.19, a current ratio of 0.97 and a quick ratio of 0.97. The company has a market capitalization of $7.56 billion, a price-to-earnings ratio of 30.84, a P/E/G ratio of 2.39 and a beta of 1.31. Wyndham Hotels & Resorts, Inc. has a 1 year low of $67.67 and a 1 year high of $97.64.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last posted 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. The company had revenue of $396.00 million for 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%. Wyndham Hotels & Resorts's quarterly revenue was down 1.5% compared to the same quarter last year. During the same period in the previous year, the business earned $1.31 earnings per share. As a group, equities research analysts anticipate that Wyndham Hotels & Resorts, Inc. will post 4.3 earnings per share for the current year.

Wyndham Hotels & Resorts Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Friday, September 13th were given a $0.38 dividend. The ex-dividend date of this dividend was Friday, September 13th. This represents a $1.52 annualized dividend and a dividend yield of 1.56%. Wyndham Hotels & Resorts's dividend payout ratio is currently 48.25%.

Insider Activity

In other news, insider Scott R. Strickland sold 2,850 shares of the company's stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $88.14, for a total value of $251,199.00. Following the sale, the insider now directly owns 26,062 shares in the company, valued at $2,297,104.68. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, insider Scott R. Strickland sold 2,850 shares of the company's stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $88.14, for a total value of $251,199.00. Following the completion of the transaction, the insider now directly owns 26,062 shares in the company, valued at approximately $2,297,104.68. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Michele Allen sold 15,000 shares of the company's stock in a transaction on Friday, October 25th. The shares were sold at an average price of $89.99, for a total value of $1,349,850.00. Following the completion of the transaction, the chief financial officer now owns 10,056 shares of the company's stock, valued at $904,939.44. 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 102,890 shares of company stock worth $9,273,255 over the last three months. 2.79% of the stock is currently owned by corporate insiders.

Wyndham Hotels & Resorts 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.