Mutual of America Capital Management LLC Sells 3,296 Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Mutual of America Capital Management LLC lessened its position in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 6.7% in the second quarter, HoldingsChannel.com reports. The fund owned 46,135 shares of the company’s stock after selling 3,296 shares during the period. Mutual of America Capital Management LLC’s holdings in Wyndham Hotels & Resorts were worth $3,414,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Savoir Faire Capital Management L.P. boosted its holdings in shares of Wyndham Hotels & Resorts by 141.1% in the 2nd quarter. Savoir Faire Capital Management L.P. now owns 118,856 shares of the company’s stock valued at $8,795,000 after purchasing an additional 69,561 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in Wyndham Hotels & Resorts by 18.9% in the second quarter. Dimensional Fund Advisors LP now owns 1,237,944 shares of the company’s stock valued at $91,609,000 after buying an additional 196,982 shares in the last quarter. Brown Brothers Harriman & Co. grew its position in Wyndham Hotels & Resorts by 42.1% in the second quarter. Brown Brothers Harriman & Co. now owns 362,472 shares of the company’s stock valued at $26,823,000 after acquiring an additional 107,368 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in Wyndham Hotels & Resorts by 48.1% during the second quarter. Envestnet Asset Management Inc. now owns 91,173 shares of the company’s stock worth $6,747,000 after acquiring an additional 29,611 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. bought a new position in shares of Wyndham Hotels & Resorts in the second quarter worth about $290,000. Institutional investors and hedge funds own 93.46% of the company’s stock.

Insider Transactions at Wyndham Hotels & Resorts

In related news, CAO Nicola Rossi sold 7,297 shares of the business’s stock in a transaction on Friday, July 26th. The shares were sold at an average price of $76.70, for a total value of $559,679.90. Following the transaction, the chief accounting officer now owns 4,107 shares in the company, valued at $315,006.90. The transaction was disclosed in a document filed with the SEC, which is available through this link. In other Wyndham Hotels & Resorts news, insider Monica Melancon sold 5,040 shares of the firm’s stock in a transaction 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 completion of the sale, the insider now directly owns 10,606 shares in the company, valued at $823,661.96. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Nicola Rossi sold 7,297 shares of Wyndham Hotels & Resorts stock in a transaction on Friday, July 26th. The shares were sold at an average price of $76.70, for a total transaction of $559,679.90. Following the completion of the sale, the chief accounting officer now directly owns 4,107 shares of the company’s stock, valued at $315,006.90. The disclosure for this sale can be found here. Insiders sold a total of 12,640 shares of company stock worth $974,351 over the last three months. 2.79% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on WH shares. Stifel Nicolaus decreased their price target on shares of Wyndham Hotels & Resorts from $91.50 to $89.00 and set a “buy” rating on the stock in a report on Thursday, July 25th. Susquehanna assumed coverage on shares of Wyndham Hotels & Resorts in a research note on Friday, June 21st. They set a “neutral” rating and a $80.00 target price on the stock. Barclays increased their price target on Wyndham Hotels & Resorts from $88.00 to $90.00 and gave the company an “overweight” rating in a research note on Friday, July 26th. StockNews.com upgraded Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a research report on Thursday, September 19th. Finally, Truist Financial lowered their target price on Wyndham Hotels & Resorts from $105.00 to $104.00 and set a “buy” rating for the company in a report on Friday, July 26th. Two equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $90.25.

Wyndham Hotels & Resorts Stock Down 0.1 %

Shares of WH opened at $79.35 on Tuesday. The stock’s 50-day moving average price is $76.20 and its two-hundred day moving average price is $74.15. Wyndham Hotels & Resorts, Inc. has a 12 month low of $65.63 and a 12 month high of $81.73. The company has a market capitalization of $6.39 billion, a PE ratio of 28.14, a PEG ratio of 2.70 and a beta of 1.33. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 3.83.

Wyndham Hotels & Resorts (NYSE:WH) last posted its quarterly earnings data on Wednesday, July 24th. The company reported $1.13 EPS for the quarter, topping analysts’ consensus estimates of $1.03 by $0.10. The company had revenue of $367.00 million for the quarter, compared to analyst estimates of $370.58 million. Wyndham Hotels & Resorts had a return on equity of 47.05% and a net margin of 18.28%. The firm’s quarterly revenue was up 1.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.93 earnings per share. On average, analysts anticipate that Wyndham Hotels & Resorts, Inc. will post 4.27 EPS for the current year.

Wyndham Hotels & Resorts Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 27th. Stockholders of record on Friday, September 13th will be given a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a dividend yield of 1.92%. The ex-dividend date is Friday, September 13th. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is presently 53.90%.

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.