Quantinno Capital Management LP Acquires 2,286 Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Quantinno Capital Management LP grew its position in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 34.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,961 shares of the company’s stock after purchasing an additional 2,286 shares during the quarter. Quantinno Capital Management LP’s holdings in Wyndham Hotels & Resorts were worth $700,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of WH. Thrivent Financial for Lutherans increased its position in shares of Wyndham Hotels & Resorts by 377.5% during the 2nd quarter. Thrivent Financial for Lutherans now owns 1,240,702 shares of the company’s stock valued at $91,812,000 after purchasing an additional 980,848 shares during the last quarter. Burgundy Asset Management Ltd. increased its position in shares of Wyndham Hotels & Resorts by 70.9% during the 2nd quarter. Burgundy Asset Management Ltd. now owns 2,210,658 shares of the company’s stock valued at $163,589,000 after purchasing an additional 916,742 shares during the last quarter. TimesSquare Capital Management LLC increased its position in shares of Wyndham Hotels & Resorts by 284,590.0% during the 3rd quarter. TimesSquare Capital Management LLC now owns 284,690 shares of the company’s stock valued at $22,246,000 after purchasing an additional 284,590 shares during the last quarter. Copeland Capital Management LLC increased its position in shares of Wyndham Hotels & Resorts by 133.1% during the 3rd quarter. Copeland Capital Management LLC now owns 409,324 shares of the company’s stock valued at $31,985,000 after purchasing an additional 233,754 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its position in shares of Wyndham Hotels & Resorts by 18.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,237,944 shares of the company’s stock valued at $91,609,000 after purchasing an additional 196,982 shares during the last quarter. 93.46% of the stock is currently owned by institutional investors.

Insider Activity

In related news, Director Stephen P. Holmes sold 80,000 shares of the firm’s stock in a transaction that occurred on Friday, October 25th. The stock was sold at an average price of $91.01, for a total transaction of $7,280,800.00. Following the completion of the transaction, the director now owns 366,371 shares of the company’s stock, valued at $33,343,424.71. This trade represents a 17.92 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Scott R. Strickland sold 2,850 shares of the firm’s stock in a transaction that occurred on Tuesday, November 5th. The shares were 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 approximately $2,297,104.68. This trade represents a 9.86 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 97,850 shares of company stock worth $8,881,849 in the last quarter. 2.79% of the stock is owned by company insiders.

Wyndham Hotels & Resorts Trading Down 0.3 %

NYSE WH opened at $103.34 on Friday. Wyndham Hotels & Resorts, Inc. has a fifty-two week low of $67.67 and a fifty-two week high of $105.12. The company has a debt-to-equity ratio of 4.19, a quick ratio of 0.97 and a current ratio of 0.97. The stock has a 50 day simple moving average of $92.21 and a two-hundred day simple moving average of $80.94. The stock has a market cap of $8.04 billion, a P/E ratio of 32.81, a price-to-earnings-growth ratio of 2.43 and a beta of 1.32.

Wyndham Hotels & Resorts (NYSE:WH) last released its earnings results on Wednesday, October 23rd. The company reported $1.39 EPS for the quarter, beating analysts’ consensus estimates of $1.38 by $0.01. The company had revenue of $396.00 million during the quarter, compared to analysts’ expectations of $408.32 million. Wyndham Hotels & Resorts had a return on equity of 51.79% and a net margin of 18.29%. The firm’s revenue for the quarter was down 1.5% compared to the same quarter last year. During the same quarter last year, the business posted $1.31 EPS. On average, analysts forecast that Wyndham Hotels & Resorts, Inc. will post 4.29 earnings per share for the current year.

Wyndham Hotels & Resorts Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Stockholders of record on Friday, December 13th will be paid a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.47%. The ex-dividend date of this dividend is Friday, December 13th. Wyndham Hotels & Resorts’s payout ratio is presently 48.25%.

Analyst Upgrades and Downgrades

WH has been the topic of several recent research reports. Robert W. Baird increased their price objective on Wyndham Hotels & Resorts from $92.00 to $97.00 and gave the company an “outperform” rating in a research report on Friday, October 25th. Stifel Nicolaus raised their price target on Wyndham Hotels & Resorts from $92.00 to $107.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Barclays raised their price target on Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the stock an “overweight” rating in a research report on Friday. Oppenheimer raised their price target on Wyndham Hotels & Resorts from $90.00 to $115.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 12th. Finally, Wells Fargo & Company assumed coverage on Wyndham Hotels & Resorts in a research report on Thursday, December 5th. They set an “equal weight” rating and a $103.00 price target on the stock. Three analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, Wyndham Hotels & Resorts has an average rating of “Moderate Buy” and a consensus target price of $105.56.

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.