Empowered Funds LLC Purchases 2,355 Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Empowered Funds LLC lifted its position in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 44.3% in the 3rd quarter, Holdings Channel.com reports. The fund owned 7,677 shares of the company’s stock after buying an additional 2,355 shares during the quarter. Empowered Funds LLC’s holdings in Wyndham Hotels & Resorts were worth $600,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the company. CANADA LIFE ASSURANCE Co increased its holdings in shares of Wyndham Hotels & Resorts by 19.0% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 58,453 shares of the company’s stock worth $4,487,000 after purchasing an additional 9,325 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its stake in Wyndham Hotels & Resorts by 5.3% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 48,920 shares of the company’s stock valued at $3,755,000 after acquiring an additional 2,483 shares during the period. Janus Henderson Group PLC boosted its holdings in shares of Wyndham Hotels & Resorts by 1,186.0% during the 1st quarter. Janus Henderson Group PLC now owns 509,441 shares of the company’s stock valued at $39,092,000 after acquiring an additional 469,827 shares during the last quarter. Ancora Advisors LLC grew its stake in shares of Wyndham Hotels & Resorts by 0.8% in the first quarter. Ancora Advisors LLC now owns 199,521 shares of the company’s stock worth $15,313,000 after acquiring an additional 1,635 shares during the period. Finally, Tidal Investments LLC purchased a new position in shares of Wyndham Hotels & Resorts during the first quarter valued at approximately $395,000. 93.46% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. Barclays raised their target price on shares of Wyndham Hotels & Resorts from $90.00 to $100.00 and gave the stock an “overweight” rating in a report on Friday, October 25th. Oppenheimer upped their price objective on Wyndham Hotels & Resorts from $90.00 to $115.00 and gave the company an “outperform” rating in a research report on Tuesday, November 12th. Robert W. Baird raised 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. StockNews.com upgraded Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a research note on Friday, November 1st. Finally, Stifel Nicolaus increased their price objective on shares of Wyndham Hotels & Resorts from $91.00 to $92.00 and gave the stock a “buy” rating in a research note on Thursday, October 24th. Two equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $97.86.

Insider Transactions at Wyndham Hotels & Resorts

In related news, insider Monica Melancon sold 5,040 shares of the firm’s stock in a transaction dated 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 owns 10,606 shares of the company’s stock, valued at $823,661.96. This trade represents a 32.21 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Stephen P. Holmes sold 80,000 shares of the company’s stock in a transaction on 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 completion of the sale, the director now owns 366,371 shares of the company’s stock, valued at $33,343,424.71. This represents a 17.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 102,890 shares of company stock valued at $9,273,255. 2.79% of the stock is currently owned by corporate insiders.

Wyndham Hotels & Resorts Stock Performance

Shares of NYSE WH opened at $96.69 on Monday. The stock has a market cap of $7.52 billion, a PE ratio of 30.70, a price-to-earnings-growth ratio of 2.45 and a beta of 1.31. Wyndham Hotels & Resorts, Inc. has a 1 year low of $67.67 and a 1 year high of $98.73. The firm has a fifty day moving average price of $85.85 and a 200-day moving average price of $77.98. The company has a debt-to-equity ratio of 4.19, a current ratio of 0.97 and a quick ratio of 0.97.

Wyndham Hotels & Resorts (NYSE:WH) last issued its quarterly earnings results on Wednesday, October 23rd. The company reported $1.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.38 by $0.01. Wyndham Hotels & Resorts had a return on equity of 51.79% and a net margin of 18.29%. The business had revenue of $396.00 million during the quarter, compared to analyst estimates of $408.32 million. During the same quarter in the prior year, the business posted $1.31 EPS. Wyndham Hotels & Resorts’s revenue for the quarter was down 1.5% compared to the same quarter last year. Equities analysts anticipate that Wyndham Hotels & Resorts, Inc. will post 4.3 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 27th. Stockholders of record on Friday, December 13th will be given a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a dividend yield of 1.57%. The ex-dividend date of this dividend is Friday, December 13th. Wyndham Hotels & Resorts’s payout ratio is currently 48.25%.

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.