Alps Advisors Inc. Grows Position in Wyndham Hotels & Resorts $WH

Alps Advisors Inc. increased its position in Wyndham Hotels & Resorts (NYSE:WH) by 125.6% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 155,870 shares of the company’s stock after purchasing an additional 86,790 shares during the period. Alps Advisors Inc.’s holdings in Wyndham Hotels & Resorts were worth $12,454,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Sequoia Financial Advisors LLC raised its stake in shares of Wyndham Hotels & Resorts by 1.4% during the second quarter. Sequoia Financial Advisors LLC now owns 8,283 shares of the company’s stock valued at $673,000 after acquiring an additional 118 shares during the last quarter. Geneos Wealth Management Inc. raised its position in Wyndham Hotels & Resorts by 49.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 376 shares of the company’s stock valued at $34,000 after purchasing an additional 124 shares during the last quarter. Claret Asset Management Corp lifted its holdings in Wyndham Hotels & Resorts by 4.6% in the 2nd quarter. Claret Asset Management Corp now owns 2,842 shares of the company’s stock worth $231,000 after buying an additional 125 shares during the period. Keystone Financial Services increased its stake in shares of Wyndham Hotels & Resorts by 5.1% during the second quarter. Keystone Financial Services now owns 2,679 shares of the company’s stock valued at $218,000 after buying an additional 129 shares during the period. Finally, EverSource Wealth Advisors LLC raised its holdings in shares of Wyndham Hotels & Resorts by 73.5% during the second quarter. EverSource Wealth Advisors LLC now owns 314 shares of the company’s stock valued at $25,000 after acquiring an additional 133 shares in the last quarter. Institutional investors own 93.46% of the company’s stock.

Wyndham Hotels & Resorts Price Performance

Shares of NYSE:WH opened at $77.32 on Monday. The business has a fifty day moving average price of $76.47 and a 200-day moving average price of $79.36. The company has a debt-to-equity ratio of 4.43, a current ratio of 1.16 and a quick ratio of 1.16. The company has a market capitalization of $5.84 billion, a PE ratio of 17.77, a PEG ratio of 2.15 and a beta of 0.76. Wyndham Hotels & Resorts has a 1-year low of $69.21 and a 1-year high of $113.07.

Wyndham Hotels & Resorts Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 30th. Shareholders of record on Monday, December 15th were issued a $0.41 dividend. The ex-dividend date of this dividend was Monday, December 15th. This represents a $1.64 annualized dividend and a yield of 2.1%. Wyndham Hotels & Resorts’s payout ratio is 37.70%.

Wall Street Analyst Weigh In

WH has been the subject of several research reports. Mizuho set a $97.00 target price on shares of Wyndham Hotels & Resorts and gave the stock an “outperform” rating in a research report on Tuesday, January 13th. Zacks Research upgraded shares of Wyndham Hotels & Resorts from a “strong sell” rating to a “hold” rating in a report on Monday, January 5th. Robert W. Baird reduced their target price on Wyndham Hotels & Resorts from $93.00 to $89.00 and set an “outperform” rating on the stock in a report on Tuesday, October 28th. The Goldman Sachs Group restated a “neutral” rating and set a $76.00 price target (down from $88.00) on shares of Wyndham Hotels & Resorts in a research report on Monday, December 15th. Finally, Barclays decreased their price objective on Wyndham Hotels & Resorts from $94.00 to $93.00 and set an “overweight” rating for the company in a report on Friday, January 16th. Nine equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $92.83.

Insider Transactions at Wyndham Hotels & Resorts

In other news, insider Scott R. Strickland sold 28,134 shares of the stock in a transaction that occurred on Tuesday, December 9th. The shares were sold at an average price of $71.11, for a total transaction of $2,000,608.74. Following the sale, the insider owned 40,363 shares in the company, valued at $2,870,212.93. This represents a 41.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Geoffrey A. Ballotti sold 55,124 shares of the firm’s stock in a transaction that occurred on Thursday, January 15th. The shares were sold at an average price of $79.27, for a total transaction of $4,369,679.48. Following the sale, the chief executive officer directly owned 490,028 shares of the company’s stock, valued at $38,844,519.56. This trade represents a 10.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 120,606 shares of company stock worth $9,047,218. Corporate insiders own 2.46% of the company’s stock.

About Wyndham Hotels & Resorts

Wyndham Hotels & Resorts, Inc (NYSE: WH) is a leading global hospitality company specializing in hotel franchising and management. Established in 2018 through the spin-off of Wyndham Hotel Group from Wyndham Worldwide, the company focuses on the development, marketing and distribution of hotel brands designed to meet the needs of business and leisure travelers. Its core business model centers on franchising agreements, enabling third-party hotel owners to operate under the Wyndham portfolio while accessing the company’s centralized services and support.

The company’s brand portfolio spans economy, midscale and upper-midscale segments, featuring well-known names such as Wyndham, Ramada, Days Inn, Super 8, Microtel Inn & Suites, and La Quinta by Wyndham.