Kiltearn Partners LLP Boosts Holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Kiltearn Partners LLP raised its holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 32.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 62,400 shares of the company’s stock after purchasing an additional 15,458 shares during the period. Kiltearn Partners LLP owned 0.08% of Wyndham Hotels & Resorts worth $4,876,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of WH. Assetmark Inc. acquired a new position in Wyndham Hotels & Resorts in the 3rd quarter valued at about $30,000. GAMMA Investing LLC lifted 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 buying an additional 207 shares during the period. First Horizon Advisors Inc. boosted its position 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 raised its holdings in Wyndham Hotels & Resorts by 115.5% in the 3rd quarter. Concord Wealth Partners now owns 543 shares of the company’s stock valued at $42,000 after acquiring an additional 291 shares during the last quarter. Finally, Brooklyn Investment Group purchased a new position in shares of Wyndham Hotels & Resorts during the 3rd quarter worth $49,000. 93.46% of the stock is currently owned by institutional investors and hedge funds.

Wyndham Hotels & Resorts Stock Performance

Wyndham Hotels & Resorts stock opened at $98.03 on Wednesday. The firm has a market capitalization of $7.63 billion, a PE ratio of 31.12, a price-to-earnings-growth ratio of 2.48 and a beta of 1.31. The stock’s 50 day moving average price is $86.25 and its 200 day moving average price is $78.16. Wyndham Hotels & Resorts, Inc. has a one year low of $67.67 and a one year high of $98.80. 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 (NYSE:WH) last released its quarterly earnings results on Wednesday, October 23rd. The company reported $1.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.38 by $0.01. The firm had revenue of $396.00 million for the quarter, compared to the consensus estimate of $408.32 million. Wyndham Hotels & Resorts had a net margin of 18.29% and a return on equity of 51.79%. The firm’s quarterly revenue was down 1.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.31 EPS. As a group, sell-side analysts expect that Wyndham Hotels & Resorts, Inc. will post 4.3 EPS for the current fiscal year.

Wyndham Hotels & Resorts Announces Dividend

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

Insider Activity

In other Wyndham Hotels & Resorts news, insider Monica Melancon sold 5,040 shares of the stock in a transaction on Friday, September 6th. The shares were sold at an average price of $77.66, for a total transaction of $391,406.40. Following the sale, the insider now directly owns 10,606 shares of the company’s stock, valued at approximately $823,661.96. This represents a 32.21 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Stephen P. Holmes sold 80,000 shares of the business’s stock in a transaction dated Friday, October 25th. The shares were sold at an average price of $91.01, for a total transaction 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. This represents a 17.92 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 102,890 shares of company stock worth $9,273,255. 2.79% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

WH has been the topic of several recent analyst reports. The Goldman Sachs Group began coverage on Wyndham Hotels & Resorts in a research report on Wednesday, September 18th. They set a “buy” rating and a $96.00 target price on the stock. Truist Financial boosted their target price on shares of Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the company a “buy” rating in a report on Friday, October 25th. Barclays increased their price target 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. StockNews.com raised shares of Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a research note on Friday, November 1st. Finally, Robert W. Baird increased their target price on Wyndham Hotels & Resorts from $92.00 to $97.00 and gave the stock an “outperform” rating in a research report on Friday, October 25th. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, Wyndham Hotels & Resorts presently has an average rating of “Moderate Buy” and a consensus target price 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.