Impax Asset Management Group plc Increases Stock Holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Impax Asset Management Group plc raised its position in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 35.0% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 135,000 shares of the company's stock after acquiring an additional 35,000 shares during the period. Impax Asset Management Group plc owned approximately 0.17% of Wyndham Hotels & Resorts worth $10,549,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of the company. GAMMA Investing LLC boosted its stake in shares of Wyndham Hotels & Resorts by 80.9% during the second 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. Concord Wealth Partners boosted its stake in shares of Wyndham Hotels & Resorts by 115.5% during the third quarter. Concord Wealth Partners now owns 543 shares of the company's stock valued at $42,000 after purchasing an additional 291 shares during the period. Blue Trust Inc. boosted its stake in shares of Wyndham Hotels & Resorts by 1,245.1% during the second quarter. Blue Trust Inc. now owns 686 shares of the company's stock valued at $53,000 after purchasing an additional 635 shares during the period. Family Firm Inc. purchased a new stake in shares of Wyndham Hotels & Resorts during the second quarter valued at $67,000. Finally, International Assets Investment Management LLC purchased a new stake in shares of Wyndham Hotels & Resorts during the second quarter valued at $70,000. Institutional investors own 93.46% of the company's stock.

Insider Buying and Selling

In related news, insider Monica Melancon sold 5,040 shares of the stock in a transaction that occurred on Friday, September 6th. The shares were sold at an average price of $77.66, for a total value of $391,406.40. Following the transaction, the insider now owns 10,606 shares in the company, valued at approximately $823,661.96. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other Wyndham Hotels & Resorts news, CFO Michele Allen sold 15,000 shares of the company's stock in a transaction that occurred 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 sale, the chief financial officer now 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 document filed with the SEC, which is accessible through this link. Also, insider Monica Melancon sold 5,040 shares of the company'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 value of $391,406.40. Following the completion of the sale, the insider now owns 10,606 shares in the company, valued at approximately $823,661.96. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 100,040 shares of company stock worth $9,022,056. 2.79% of the stock is owned by company insiders.

Analysts Set New Price Targets

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

Wyndham Hotels & Resorts Stock Up 7.0 %

Shares of WH traded up $6.23 during mid-day trading on Wednesday, hitting $95.43. 1,245,809 shares of the company traded hands, compared to its average volume of 754,985. Wyndham Hotels & Resorts, Inc. has a 1-year low of $67.67 and a 1-year high of $95.63. 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 company has a market capitalization of $7.42 billion, a PE ratio of 30.30, a price-to-earnings-growth ratio of 2.22 and a beta of 1.31. The business has a 50 day moving average of $81.00 and a 200 day moving average of $75.88.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last posted its quarterly earnings data on Wednesday, October 23rd. The company reported $1.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.38 by $0.01. Wyndham Hotels & Resorts had a net margin of 18.29% and a return on equity of 51.79%. The firm had revenue of $396.00 million for the quarter, compared to the consensus estimate of $408.32 million. During the same quarter in the prior year, the company posted $1.31 earnings per share. The company's revenue for the quarter was down 1.5% compared to the same quarter last year. Equities research analysts anticipate that Wyndham Hotels & Resorts, Inc. will post 4.3 EPS for the current year.

Wyndham Hotels & Resorts Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Friday, September 13th were issued a dividend of $0.38 per share. The ex-dividend date of this dividend was Friday, September 13th. This represents a $1.52 annualized dividend and a dividend yield of 1.59%. Wyndham Hotels & Resorts's dividend payout ratio (DPR) is currently 48.25%.

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.