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

Alps Advisors Inc. boosted its position in Wyndham Hotels & Resorts (NYSE:WH) by 125.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 155,870 shares of the company’s stock after purchasing an additional 86,790 shares during the period. Alps Advisors Inc. owned about 0.21% of Wyndham Hotels & Resorts worth $12,454,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of WH. EverSource Wealth Advisors LLC grew its stake in shares of Wyndham Hotels & Resorts by 73.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 314 shares of the company’s stock worth $25,000 after acquiring an additional 133 shares during the period. Hantz Financial Services Inc. boosted its position in Wyndham Hotels & Resorts by 5,950.0% during the second quarter. Hantz Financial Services Inc. now owns 363 shares of the company’s stock worth $29,000 after purchasing an additional 357 shares during the period. Geneos Wealth Management Inc. increased its stake in shares of Wyndham Hotels & Resorts by 49.2% in the first quarter. Geneos Wealth Management Inc. now owns 376 shares of the company’s stock worth $34,000 after purchasing an additional 124 shares in the last quarter. Cornerstone Planning Group LLC bought a new stake in shares of Wyndham Hotels & Resorts in the third quarter valued at approximately $36,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in shares of Wyndham Hotels & Resorts by 88.6% during the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 528 shares of the company’s stock valued at $43,000 after buying an additional 248 shares in the last quarter. 93.46% of the stock is owned by institutional investors.

Wyndham Hotels & Resorts Trading Up 2.8%

Shares of WH opened at $77.32 on Monday. Wyndham Hotels & Resorts has a 1-year low of $69.21 and a 1-year high of $113.07. The company has a market capitalization of $5.84 billion, a P/E ratio of 17.77, a P/E/G ratio of 2.15 and a beta of 0.76. 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 firm’s 50 day simple moving average is $76.47 and its 200 day simple moving average is $79.36.

Wyndham Hotels & Resorts Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 30th. Investors of record on Monday, December 15th were given a $0.41 dividend. The ex-dividend date 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%.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. Stifel Nicolaus reduced their price objective on shares of Wyndham Hotels & Resorts from $95.50 to $93.00 and set a “buy” rating for the company in a research note on Wednesday, January 28th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Wyndham Hotels & Resorts in a report on Monday, December 29th. Mizuho set a $97.00 price objective on Wyndham Hotels & Resorts and gave the company an “outperform” rating in a research note on Tuesday, January 13th. Wells Fargo & Company began coverage on Wyndham Hotels & Resorts in a research note on Tuesday, November 18th. They issued an “equal weight” rating and a $82.00 target price for the company. Finally, The Goldman Sachs Group reiterated 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. Nine analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $92.83.

Insider Activity at Wyndham Hotels & Resorts

In other Wyndham Hotels & Resorts news, General Counsel Paul F. Cash sold 36,379 shares of the firm’s stock in a transaction dated Friday, November 14th. The stock was sold at an average price of $71.66, for a total transaction of $2,606,919.14. Following the sale, the general counsel owned 39,123 shares in the company, valued at $2,803,554.18. This trade represents a 48.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Geoffrey A. Ballotti sold 55,124 shares of the company’s stock in a transaction dated Thursday, January 15th. The stock was sold at an average price of $79.27, for a total value of $4,369,679.48. Following the completion of 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 SEC filing for this sale provides additional information. Insiders have sold a total of 120,606 shares of company stock valued at $9,047,218 over the last 90 days. 2.46% of the stock is owned by insiders.

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.