Y Intercept Hong Kong Ltd Sells 108,871 Shares of Wyndham Hotels & Resorts $WH

Y Intercept Hong Kong Ltd trimmed its position in Wyndham Hotels & Resorts (NYSE:WH) by 67.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 52,488 shares of the company’s stock after selling 108,871 shares during the quarter. Y Intercept Hong Kong Ltd owned 0.07% of Wyndham Hotels & Resorts worth $4,194,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the company. Norges Bank purchased a new position in shares of Wyndham Hotels & Resorts in the second quarter valued at about $109,337,000. Long Pond Capital LP grew its stake in shares of Wyndham Hotels & Resorts by 545.8% in the second quarter. Long Pond Capital LP now owns 1,505,781 shares of the company’s stock worth $122,284,000 after purchasing an additional 1,272,628 shares during the last quarter. Qube Research & Technologies Ltd increased its holdings in Wyndham Hotels & Resorts by 226.3% during the 2nd quarter. Qube Research & Technologies Ltd now owns 982,827 shares of the company’s stock valued at $79,815,000 after purchasing an additional 681,645 shares during the period. Champlain Investment Partners LLC bought a new position in Wyndham Hotels & Resorts during the 2nd quarter valued at approximately $39,681,000. Finally, Boston Partners lifted its holdings in Wyndham Hotels & Resorts by 9.1% in the 2nd quarter. Boston Partners now owns 3,130,373 shares of the company’s stock worth $254,449,000 after buying an additional 261,530 shares during the period. Hedge funds and other institutional investors own 93.46% of the company’s stock.

Insider Activity at Wyndham Hotels & Resorts

In other Wyndham Hotels & Resorts news, insider Scott R. Strickland sold 28,134 shares of the firm’s 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 completion of the transaction, the insider owned 40,363 shares of the company’s stock, valued at approximately $2,870,212.93. This trade represents a 41.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Geoffrey A. Ballotti sold 55,124 shares of Wyndham Hotels & Resorts 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 transaction, the chief executive officer owned 490,028 shares of the company’s stock, valued at $38,844,519.56. The trade was a 10.11% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 120,606 shares of company stock valued at $9,047,218 in the last three months. Company insiders own 2.46% of the company’s stock.

Wyndham Hotels & Resorts Price Performance

WH opened at $77.35 on Monday. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 4.43. The company has a market cap of $5.84 billion, a price-to-earnings ratio of 17.78, a price-to-earnings-growth ratio of 2.03 and a beta of 0.76. The stock has a fifty day simple moving average of $76.02 and a two-hundred day simple moving average of $80.32. Wyndham Hotels & Resorts has a 12-month low of $69.21 and a 12-month high of $113.07.

Wyndham Hotels & Resorts Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 30th. Investors of record on Monday, December 15th were paid a $0.41 dividend. This represents a $1.64 annualized dividend and a dividend yield of 2.1%. The ex-dividend date was Monday, December 15th. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is presently 37.70%.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on WH. Mizuho set a $97.00 target price on Wyndham Hotels & Resorts and gave the company an “outperform” rating in a research note on Tuesday, January 13th. Robert W. Baird dropped their price target on Wyndham Hotels & Resorts from $93.00 to $89.00 and set an “outperform” rating for the company in a research note on Tuesday, October 28th. Barclays cut their price target on shares of Wyndham Hotels & Resorts from $94.00 to $93.00 and set an “overweight” rating on the stock in a report on Friday, January 16th. Susquehanna decreased their price objective on shares of Wyndham Hotels & Resorts from $95.00 to $80.00 and set a “neutral” rating for the company in a report on Monday, October 27th. Finally, Wall Street Zen raised shares of Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a research report on Sunday, December 7th. Nine investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $93.79.

Wyndham Hotels & Resorts Profile

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.