American Century Companies Inc. Boosts Stock Holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

American Century Companies Inc. raised its holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 7.0% in the 2nd quarter, Holdings Channel.com reports. The firm owned 15,495 shares of the company’s stock after acquiring an additional 1,010 shares during the period. American Century Companies Inc.’s holdings in Wyndham Hotels & Resorts were worth $1,147,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently modified their holdings of the business. AGF Management Ltd. increased its stake in shares of Wyndham Hotels & Resorts by 12.1% in the second quarter. AGF Management Ltd. now owns 33,270 shares of the company’s stock worth $2,462,000 after purchasing an additional 3,583 shares in the last quarter. PFG Investments LLC increased its stake in shares of Wyndham Hotels & Resorts by 4.4% in the second quarter. PFG Investments LLC now owns 3,667 shares of the company’s stock worth $271,000 after purchasing an additional 155 shares in the last quarter. TD Asset Management Inc increased its stake in shares of Wyndham Hotels & Resorts by 16.8% in the second quarter. TD Asset Management Inc now owns 33,368 shares of the company’s stock worth $2,469,000 after purchasing an additional 4,800 shares in the last quarter. Allegheny Financial Group LTD boosted its position in shares of Wyndham Hotels & Resorts by 24.9% in the second quarter. Allegheny Financial Group LTD now owns 4,649 shares of the company’s stock valued at $344,000 after acquiring an additional 928 shares during the period. Finally, Natixis Advisors LLC boosted its position in shares of Wyndham Hotels & Resorts by 148.0% in the second quarter. Natixis Advisors LLC now owns 25,074 shares of the company’s stock valued at $1,855,000 after acquiring an additional 14,964 shares during the period. Hedge funds and other institutional investors own 93.46% of the company’s stock.

Wyndham Hotels & Resorts Trading Down 3.3 %

Shares of Wyndham Hotels & Resorts stock opened at $78.14 on Tuesday. Wyndham Hotels & Resorts, Inc. has a 1 year low of $65.63 and a 1 year high of $81.73. The firm has a market cap of $6.17 billion, a PE ratio of 27.71, a PEG ratio of 2.80 and a beta of 1.33. The company has a debt-to-equity ratio of 3.83, a current ratio of 0.90 and a quick ratio of 0.90. The company has a 50 day simple moving average of $76.69 and a two-hundred day simple moving average of $74.20.

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

Wyndham Hotels & Resorts Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Friday, September 13th were issued a $0.38 dividend. The ex-dividend date was Friday, September 13th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.95%. Wyndham Hotels & Resorts’s payout ratio is 53.90%.

Insider Transactions at Wyndham Hotels & Resorts

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

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the stock. Susquehanna assumed coverage on shares of Wyndham Hotels & Resorts in a research report on Friday, June 21st. They issued a “neutral” rating and a $80.00 price objective for the company. Barclays raised their price objective on shares of Wyndham Hotels & Resorts from $88.00 to $90.00 and gave the company an “overweight” rating in a research report on Friday, July 26th. Stifel Nicolaus cut their price objective on shares of Wyndham Hotels & Resorts from $91.50 to $89.00 and set a “buy” rating for the company in a research report on Thursday, July 25th. Truist Financial cut their price objective on shares of Wyndham Hotels & Resorts from $105.00 to $104.00 and set a “buy” rating for the company in a research report on Friday, July 26th. Finally, StockNews.com upgraded shares of Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a research report on Thursday, September 19th. Two investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $90.25.

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.