Mutual of America Capital Management LLC Raises Position in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Mutual of America Capital Management LLC boosted its stake in Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 221.3% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 148,250 shares of the company’s stock after purchasing an additional 102,115 shares during the quarter. Mutual of America Capital Management LLC owned about 0.19% of Wyndham Hotels & Resorts worth $11,584,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in the stock. Vanguard Group Inc. increased its position in shares of Wyndham Hotels & Resorts by 7.5% in the 1st quarter. Vanguard Group Inc. now owns 8,311,078 shares of the company’s stock worth $637,875,000 after purchasing an additional 581,909 shares during the last quarter. Capital Research Global Investors increased its holdings in Wyndham Hotels & Resorts by 0.3% in the first quarter. Capital Research Global Investors now owns 7,192,076 shares of the company’s stock valued at $551,992,000 after buying an additional 23,549 shares during the last quarter. Boston Partners raised its stake in Wyndham Hotels & Resorts by 15.4% during the first quarter. Boston Partners now owns 3,227,106 shares of the company’s stock valued at $247,646,000 after buying an additional 430,053 shares in the last quarter. Burgundy Asset Management Ltd. lifted its holdings in Wyndham Hotels & Resorts by 70.9% during the 2nd quarter. Burgundy Asset Management Ltd. now owns 2,210,658 shares of the company’s stock worth $163,589,000 after buying an additional 916,742 shares during the last quarter. Finally, Thrivent Financial for Lutherans grew its position in shares of Wyndham Hotels & Resorts by 377.5% in the 2nd quarter. Thrivent Financial for Lutherans now owns 1,240,702 shares of the company’s stock worth $91,812,000 after acquiring an additional 980,848 shares in the last quarter. 93.46% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Wyndham Hotels & Resorts

In other news, Director Stephen P. Holmes sold 80,000 shares of the firm’s stock in a transaction on Friday, October 25th. The shares were sold at an average price of $91.01, for a total transaction of $7,280,800.00. Following the transaction, the director now owns 366,371 shares in the company, valued at approximately $33,343,424.71. This trade represents a 17.92 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Monica Melancon sold 5,040 shares of the company’s stock in a transaction on Friday, September 6th. The stock was sold at an average price of $77.66, for a total transaction of $391,406.40. Following the completion of the sale, the insider now owns 10,606 shares of the company’s stock, valued at $823,661.96. This represents a 32.21 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 102,890 shares of company stock worth $9,273,255 over the last 90 days. 2.79% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

WH has been the topic of several research reports. Barclays upped their price target on Wyndham Hotels & Resorts from $90.00 to $100.00 and gave the company an “overweight” rating in a research report on Friday, October 25th. StockNews.com raised shares of Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a report on Friday, November 1st. Truist Financial boosted their price objective on shares of Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the company a “buy” rating in a research report on Friday, October 25th. Robert W. Baird raised their target price 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. Finally, Stifel Nicolaus lifted their price objective on shares of Wyndham Hotels & Resorts from $91.00 to $92.00 and gave the company 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 issued a buy rating to the company’s stock. Based on data from MarketBeat, Wyndham Hotels & Resorts has a consensus rating of “Moderate Buy” and a consensus price target of $97.86.

Wyndham Hotels & Resorts Price Performance

Shares of WH opened at $96.79 on Monday. The business’s 50-day moving average is $84.04 and its 200-day moving average is $77.21. 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 market capitalization of $7.53 billion, a price-to-earnings ratio of 30.73, a P/E/G ratio of 2.45 and a beta of 1.31. Wyndham Hotels & Resorts, Inc. has a fifty-two week low of $67.67 and a fifty-two week high of $98.73.

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

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.