MML Investors Services LLC Increases Stock Holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

MML Investors Services LLC lifted its stake in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 3.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 27,384 shares of the company’s stock after buying an additional 902 shares during the quarter. MML Investors Services LLC’s holdings in Wyndham Hotels & Resorts were worth $2,140,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of WH. Burgundy Asset Management Ltd. grew its stake 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. Thrivent Financial for Lutherans increased its holdings in shares of Wyndham Hotels & Resorts by 40.8% in the 3rd quarter. Thrivent Financial for Lutherans now owns 1,747,295 shares of the company’s stock valued at $136,533,000 after acquiring an additional 506,593 shares during the period. Dimensional Fund Advisors LP raised its position in Wyndham Hotels & Resorts by 18.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,237,944 shares of the company’s stock valued at $91,609,000 after purchasing an additional 196,982 shares during the last quarter. Millennium Management LLC boosted its stake in Wyndham Hotels & Resorts by 12.6% during the 2nd quarter. Millennium Management LLC now owns 1,174,404 shares of the company’s stock worth $86,906,000 after purchasing an additional 131,848 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its position in Wyndham Hotels & Resorts by 1.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 722,082 shares of the company’s stock worth $56,423,000 after purchasing an additional 7,241 shares during the last quarter. Institutional investors and hedge funds own 93.46% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on WH shares. JPMorgan Chase & Co. increased their target price on shares of Wyndham Hotels & Resorts from $99.00 to $113.00 and gave the stock an “overweight” rating in a research note on Friday. Stifel Nicolaus boosted their price objective on shares of Wyndham Hotels & Resorts from $92.00 to $107.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. The Goldman Sachs Group lifted their target price on shares of Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the company a “buy” rating in a report on Tuesday, December 10th. Barclays raised their price objective on shares of Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the company an “overweight” rating in a research report on Friday. Finally, Robert W. Baird boosted their target price on Wyndham Hotels & Resorts from $92.00 to $97.00 and gave the stock an “outperform” rating in a research report on Friday, October 25th. Three analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $105.56.

Wyndham Hotels & Resorts Stock Up 1.5 %

WH opened at $104.84 on Tuesday. Wyndham Hotels & Resorts, Inc. has a one year low of $67.67 and a one year high of $105.16. The company has a market cap of $8.16 billion, a price-to-earnings ratio of 33.28, a PEG ratio of 2.42 and a beta of 1.32. The business’s fifty day moving average is $92.76 and its two-hundred day moving average is $81.37. The company has a debt-to-equity ratio of 4.19, a quick ratio of 0.97 and a current ratio of 0.97.

Wyndham Hotels & Resorts (NYSE:WH) last posted its earnings results on Wednesday, October 23rd. The company reported $1.39 earnings per share for the quarter, beating the consensus estimate 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 firm had revenue of $396.00 million during the quarter, compared to the consensus estimate of $408.32 million. During the same period last year, the firm posted $1.31 EPS. The firm’s revenue for the quarter was down 1.5% on a year-over-year basis. Analysts anticipate that Wyndham Hotels & Resorts, Inc. will post 4.29 EPS for the current fiscal year.

Wyndham Hotels & Resorts Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Shareholders of record on Friday, December 13th will be issued a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a yield of 1.45%. The ex-dividend date of this dividend is Friday, December 13th. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is presently 48.25%.

Insiders Place Their Bets

In other Wyndham Hotels & Resorts news, CFO Michele Allen sold 15,000 shares of Wyndham Hotels & Resorts stock in a transaction that occurred on Friday, October 25th. The shares were sold at an average price of $89.99, for a total value of $1,349,850.00. Following the completion of the sale, the chief financial officer now directly owns 10,056 shares of the company’s stock, valued at approximately $904,939.44. The trade was a 59.87 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Scott R. Strickland sold 2,850 shares of the business’s stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $88.14, for a total value of $251,199.00. Following the completion of the transaction, the insider now owns 26,062 shares of the company’s stock, valued at $2,297,104.68. This trade represents a 9.86 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 97,850 shares of company stock valued at $8,881,849. Corporate insiders own 2.79% of the company’s stock.

About Wyndham Hotels & Resorts

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.