GAMMA Investing LLC Has $114,000 Holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

GAMMA Investing LLC lifted its position in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 59.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,134 shares of the company’s stock after buying an additional 421 shares during the quarter. GAMMA Investing LLC’s holdings in Wyndham Hotels & Resorts were worth $114,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. Sanctuary Advisors LLC boosted its stake in Wyndham Hotels & Resorts by 17.8% during the third quarter. Sanctuary Advisors LLC now owns 3,414 shares of the company’s stock worth $267,000 after acquiring an additional 516 shares in the last quarter. Virtu Financial LLC purchased a new stake in shares of Wyndham Hotels & Resorts in the third quarter valued at about $214,000. M&T Bank Corp raised its holdings in shares of Wyndham Hotels & Resorts by 4.2% in the third quarter. M&T Bank Corp now owns 3,415 shares of the company’s stock valued at $267,000 after purchasing an additional 138 shares during the last quarter. Nomura Asset Management Co. Ltd. raised its holdings in shares of Wyndham Hotels & Resorts by 86.4% in the third quarter. Nomura Asset Management Co. Ltd. now owns 410 shares of the company’s stock valued at $32,000 after purchasing an additional 190 shares during the last quarter. Finally, MML Investors Services LLC raised its holdings in shares of Wyndham Hotels & Resorts by 3.4% in the third quarter. MML Investors Services LLC now owns 27,384 shares of the company’s stock valued at $2,140,000 after purchasing an additional 902 shares during the last quarter. 93.46% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on WH. Jefferies Financial Group raised their price objective on shares of Wyndham Hotels & Resorts from $107.00 to $120.00 and gave the stock a “buy” rating in a report on Thursday, January 2nd. The Goldman Sachs Group raised their price objective on shares of Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the stock a “buy” rating in a report on Tuesday, December 10th. Robert W. Baird raised their price objective on shares of Wyndham Hotels & Resorts from $92.00 to $97.00 and gave the stock an “outperform” rating in a report on Friday, October 25th. JPMorgan Chase & Co. lifted their target price on shares of Wyndham Hotels & Resorts from $99.00 to $113.00 and gave the stock an “overweight” rating in a research note on Friday, December 13th. Finally, Wells Fargo & Company upgraded shares of Wyndham Hotels & Resorts from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $103.00 to $114.00 in a research note on Friday. Two analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $108.10.

Insider Buying and Selling

In other news, CFO Michele Allen sold 15,000 shares of the business’s stock in a transaction on Friday, October 25th. The shares were sold at an average price of $89.99, for a total transaction of $1,349,850.00. Following the sale, the chief financial officer now owns 10,056 shares in the company, valued at approximately $904,939.44. The trade was a 59.87 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Scott R. Strickland sold 2,850 shares of the company’s stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $88.14, for a total transaction of $251,199.00. Following the completion of the transaction, the insider now owns 26,062 shares in the company, valued at approximately $2,297,104.68. The trade was a 9.86 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 97,850 shares of company stock valued at $8,881,849 over the last three months. 2.79% of the stock is owned by company insiders.

Wyndham Hotels & Resorts Trading Up 1.7 %

Shares of Wyndham Hotels & Resorts stock opened at $100.73 on Friday. Wyndham Hotels & Resorts, Inc. has a 1 year low of $67.67 and a 1 year high of $105.16. The firm has a market cap of $7.84 billion, a PE ratio of 31.98, a PEG ratio of 2.42 and a beta of 1.30. The company has a debt-to-equity ratio of 4.19, a current ratio of 0.97 and a quick ratio of 0.97. The company has a 50 day simple moving average of $98.77 and a two-hundred day simple moving average of $84.87.

Wyndham Hotels & Resorts (NYSE:WH) last announced its quarterly earnings data on Wednesday, October 23rd. The company reported $1.39 earnings per share for the quarter, topping analysts’ consensus estimates of $1.38 by $0.01. The firm had revenue of $396.00 million during the quarter, compared to analyst estimates of $408.32 million. Wyndham Hotels & Resorts had a net margin of 18.29% and a return on equity of 51.79%. The business’s quarterly revenue was down 1.5% on a year-over-year basis. During the same period in the previous year, the business posted $1.31 EPS. Analysts expect that Wyndham Hotels & Resorts, Inc. will post 4.29 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 27th. Investors of record on Friday, December 13th were paid a $0.38 dividend. This represents a $1.52 annualized dividend and a dividend yield of 1.51%. The ex-dividend date of this dividend was Friday, December 13th. Wyndham Hotels & Resorts’s payout ratio is 48.25%.

Wyndham Hotels & Resorts Company Profile

Wyndham Hotels & Resorts, Inc engages in the franchise and operation of hotels under the Wyndham brand. It operates through the following segments: Hotel Franchising, Hotel Management, and Corporate and Other. The Hotel Franchising segment focuses on licensing the company’s lodging brands and providing related services to third-party hotel owners and others.