RBO & Co. LLC Boosts Stock Position in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

RBO & Co. LLC increased its stake in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 0.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 272,856 shares of the company’s stock after buying an additional 2,136 shares during the quarter. Wyndham Hotels & Resorts accounts for 3.4% of RBO & Co. LLC’s investment portfolio, making the stock its 9th largest holding. RBO & Co. LLC owned 0.35% of Wyndham Hotels & Resorts worth $21,321,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of WH. Assetmark Inc. purchased a new position in shares of Wyndham Hotels & Resorts in the 3rd quarter worth approximately $30,000. GAMMA Investing LLC boosted its position in Wyndham Hotels & Resorts by 80.9% in the second quarter. GAMMA Investing LLC now owns 463 shares of the company’s stock worth $34,000 after purchasing an additional 207 shares during the last quarter. First Horizon Advisors Inc. grew its stake in Wyndham Hotels & Resorts by 76.9% in the 3rd quarter. First Horizon Advisors Inc. now owns 467 shares of the company’s stock valued at $36,000 after purchasing an additional 203 shares during the period. Concord Wealth Partners increased its position in shares of Wyndham Hotels & Resorts by 115.5% during the 3rd 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 last quarter. Finally, Brooklyn Investment Group bought a new stake in shares of Wyndham Hotels & Resorts during the 3rd quarter worth $49,000. 93.46% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Wyndham Hotels & Resorts

In other Wyndham Hotels & Resorts news, insider Monica Melancon sold 5,040 shares of the firm’s stock in a transaction dated Friday, September 6th. The stock was sold at an average price of $77.66, for a total value of $391,406.40. Following the sale, the insider now owns 10,606 shares of the company’s stock, valued at $823,661.96. This trade represents a 32.21 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Scott R. Strickland sold 2,850 shares of the business’s stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $88.14, for a total value of $251,199.00. Following the transaction, the insider now directly owns 26,062 shares of the company’s stock, valued at $2,297,104.68. The trade was a 9.86 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 102,890 shares of company stock valued at $9,273,255 in the last three months. Company insiders own 2.79% of the company’s stock.

Wyndham Hotels & Resorts Price Performance

Wyndham Hotels & Resorts stock opened at $98.03 on Wednesday. The company has a debt-to-equity ratio of 4.19, a current ratio of 0.97 and a quick ratio of 0.97. Wyndham Hotels & Resorts, Inc. has a one year low of $67.67 and a one year high of $98.80. The firm has a market capitalization of $7.63 billion, a P/E ratio of 31.12, a PEG ratio of 2.48 and a beta of 1.31. The business has a fifty day moving average price of $86.25 and a 200-day moving average price of $78.16.

Wyndham Hotels & Resorts (NYSE:WH) last posted its earnings results on Wednesday, October 23rd. The company reported $1.39 earnings per share for the quarter, beating 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 business had revenue of $396.00 million during the quarter, compared to analyst estimates of $408.32 million. During the same quarter in the previous year, the firm earned $1.31 EPS. The company’s quarterly revenue was down 1.5% compared to the same quarter last year. As a group, equities research analysts forecast that Wyndham Hotels & Resorts, Inc. will post 4.3 EPS for the current year.

Wyndham Hotels & Resorts Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Shareholders of record on Friday, December 13th will be paid a $0.38 dividend. This represents a $1.52 annualized dividend and a yield of 1.55%. The ex-dividend date is Friday, December 13th. Wyndham Hotels & Resorts’s dividend payout ratio is presently 48.25%.

Wall Street Analyst Weigh In

WH has been the subject of a number of research analyst reports. StockNews.com upgraded shares of Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a report on Friday, November 1st. Robert W. Baird raised their price target on shares of Wyndham Hotels & Resorts from $92.00 to $97.00 and gave the stock an “outperform” rating in a research note on Friday, October 25th. Truist Financial upped their price objective 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. Stifel Nicolaus raised their target price on Wyndham Hotels & Resorts from $92.00 to $107.00 and gave the stock a “buy” rating in a research report on Tuesday. Finally, Oppenheimer boosted 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. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat, Wyndham Hotels & Resorts presently has a consensus rating of “Moderate Buy” and a consensus price target of $100.00.

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.