Amica Pension Fund Board of Trustees boosted its position in Wyndham Hotels & Resorts Inc (NYSE:WH) by 104.0% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 11,665 shares of the company’s stock after acquiring an additional 5,948 shares during the period. Amica Pension Fund Board of Trustees’ holdings in Wyndham Hotels & Resorts were worth $648,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in WH. State of Alaska Department of Revenue acquired a new position in Wyndham Hotels & Resorts during the 2nd quarter worth $713,000. Bank of Montreal Can acquired a new position in Wyndham Hotels & Resorts during the 2nd quarter worth $24,029,000. Retirement Systems of Alabama acquired a new position in Wyndham Hotels & Resorts during the 2nd quarter worth $7,597,000. Oakbrook Investments LLC acquired a new position in Wyndham Hotels & Resorts during the 2nd quarter worth $312,000. Finally, World Asset Management Inc acquired a new position in Wyndham Hotels & Resorts during the 2nd quarter worth $389,000. 84.95% of the stock is currently owned by institutional investors and hedge funds.

In other news, insider Stephen P. Holmes sold 30,000 shares of the business’s stock in a transaction on Monday, November 19th. The stock was sold at an average price of $46.44, for a total value of $1,393,200.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Stephen P. Holmes sold 50,000 shares of the business’s stock in a transaction on Monday, November 12th. The stock was sold at an average price of $47.25, for a total value of $2,362,500.00. The disclosure for this sale can be found here. Insiders sold a total of 100,000 shares of company stock worth $4,692,700 in the last three months.

WH opened at $47.53 on Thursday. Wyndham Hotels & Resorts Inc has a one year low of $43.54 and a one year high of $66.95. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 1.47.

Wyndham Hotels & Resorts (NYSE:WH) last posted its quarterly earnings data on Tuesday, October 30th. The company reported $0.85 EPS for the quarter, topping the Zacks’ consensus estimate of $0.84 by $0.01. The firm had revenue of $604.00 million during the quarter, compared to the consensus estimate of $561.42 million. Wyndham Hotels & Resorts’s revenue was up 74.1% on a year-over-year basis. As a group, sell-side analysts predict that Wyndham Hotels & Resorts Inc will post 2.67 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 28th. Stockholders of record on Friday, December 14th will be paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.10%. The ex-dividend date of this dividend is Thursday, December 13th.

A number of brokerages have issued reports on WH. Zacks Investment Research upgraded Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a research report on Thursday, November 1st. Oppenheimer set a $69.00 price target on Wyndham Hotels & Resorts and gave the stock a “buy” rating in a research report on Tuesday, October 30th. Wolfe Research upgraded Wyndham Hotels & Resorts from an “underperform” rating to a “peer perform” rating in a research report on Wednesday, October 10th. Longbow Research began coverage on Wyndham Hotels & Resorts in a research report on Friday, September 7th. They set a “buy” rating and a $77.00 price target for the company. Finally, UBS Group upgraded Wyndham Hotels & Resorts from a “hold” rating to a “buy” rating in a research report on Thursday, August 2nd. One analyst has rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. Wyndham Hotels & Resorts has an average rating of “Buy” and a consensus target price of $73.29.

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Wyndham Hotels & Resorts Company Profile

Wyndham Hotels & Resorts, Inc operates as a hotel franchisor worldwide. The company licenses its hotel brands, including Super 8, Days Inn, Ramada, Microtel Inn & Suites, La Quinta, Wingate, AmericInn, Hawthorn Suites, The Trademark Collection, and Wyndham to hotel owners in approximately 80 countries.

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Institutional Ownership by Quarter for Wyndham Hotels & Resorts (NYSE:WH)

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