Janus Henderson Group PLC Has $49.12 Million Stake in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Janus Henderson Group PLC grew its holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 4.5% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 628,521 shares of the company’s stock after purchasing an additional 27,172 shares during the quarter. Janus Henderson Group PLC owned about 0.81% of Wyndham Hotels & Resorts worth $49,116,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of WH. Centiva Capital LP bought a new stake in shares of Wyndham Hotels & Resorts during the third quarter worth $438,000. Atom Investors LP boosted its position in shares of Wyndham Hotels & Resorts by 126.9% during the third quarter. Atom Investors LP now owns 23,859 shares of the company’s stock worth $1,864,000 after buying an additional 13,342 shares during the period. Paloma Partners Management Co acquired a new position in Wyndham Hotels & Resorts during the third quarter valued at approximately $204,000. Verition Fund Management LLC boosted its position in Wyndham Hotels & Resorts by 68.2% during the third quarter. Verition Fund Management LLC now owns 141,580 shares of the company’s stock valued at $11,063,000 after purchasing an additional 57,431 shares during the last quarter. Finally, Kiltearn Partners LLP boosted its position in Wyndham Hotels & Resorts by 32.9% during the third quarter. Kiltearn Partners LLP now owns 62,400 shares of the company’s stock valued at $4,876,000 after purchasing an additional 15,458 shares during the last quarter. Institutional investors and hedge funds own 93.46% of the company’s stock.

Wyndham Hotels & Resorts Trading Up 0.8 %

Wyndham Hotels & Resorts stock opened at $101.88 on Friday. The stock has a market cap of $7.93 billion, a P/E ratio of 32.34, a PEG ratio of 2.48 and a beta of 1.32. 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, Inc. has a fifty-two week low of $67.67 and a fifty-two week high of $102.24. The firm’s fifty day moving average price is $89.33 and its 200-day moving average price is $79.60.

Wyndham Hotels & Resorts (NYSE:WH) last posted its quarterly earnings results 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. The business had revenue of $396.00 million during the quarter, compared to analyst estimates of $408.32 million. Wyndham Hotels & Resorts had a net margin of 18.29% and a return on equity of 51.79%. The company’s revenue was down 1.5% on a year-over-year basis. During the same period in the prior year, the business posted $1.31 earnings per share. Equities research analysts forecast that Wyndham Hotels & Resorts, Inc. will post 4.3 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Dividend Announcement

The firm 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 dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.49%. The ex-dividend date is Friday, December 13th. Wyndham Hotels & Resorts’s dividend payout ratio is 48.25%.

Insiders Place Their Bets

In other news, Director Stephen P. Holmes sold 80,000 shares of Wyndham Hotels & Resorts stock in a transaction dated Friday, October 25th. The stock was sold at an average price of $91.01, for a total value of $7,280,800.00. Following the sale, the director now directly owns 366,371 shares of the company’s stock, valued at approximately $33,343,424.71. The trade was a 17.92 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Scott R. Strickland sold 2,850 shares of Wyndham Hotels & Resorts 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 completion of the sale, the insider now directly owns 26,062 shares in the company, valued at $2,297,104.68. This trade represents a 9.86 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 97,850 shares of company stock valued at $8,881,849. Corporate insiders own 2.79% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on WH shares. Barclays upped their price objective on Wyndham Hotels & Resorts from $90.00 to $100.00 and gave the company an “overweight” rating in a research note on Friday, October 25th. The Goldman Sachs Group assumed coverage on Wyndham Hotels & Resorts in a research note on Wednesday, September 18th. They set a “buy” rating and a $96.00 price objective on the stock. Robert W. Baird raised their target price on Wyndham Hotels & Resorts from $92.00 to $97.00 and gave the company an “outperform” rating in a report on Friday, October 25th. Wells Fargo & Company began coverage on Wyndham Hotels & Resorts in a report on Thursday. They issued an “equal weight” rating and a $103.00 target price on the stock. Finally, Truist Financial raised their price objective on Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the company a “buy” rating in a report on Friday, October 25th. Three research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $100.38.

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.