Mutual of America Capital Management LLC Purchases 102,115 Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Mutual of America Capital Management LLC increased its position in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 221.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 148,250 shares of the company’s stock after buying an additional 102,115 shares during the period. Mutual of America Capital Management LLC’s holdings in Wyndham Hotels & Resorts were worth $11,584,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the company. Impax Asset Management Group plc lifted its position in Wyndham Hotels & Resorts by 35.0% during the 3rd quarter. Impax Asset Management Group plc now owns 135,000 shares of the company’s stock worth $10,549,000 after acquiring an additional 35,000 shares during the last quarter. Sequoia Financial Advisors LLC bought a new position in shares of Wyndham Hotels & Resorts in the third quarter worth about $680,000. International Assets Investment Management LLC lifted its position in shares of Wyndham Hotels & Resorts by 6,887.1% during the 3rd quarter. International Assets Investment Management LLC now owns 66,028 shares of the company’s stock worth $5,159,000 after purchasing an additional 65,083 shares during the last quarter. WCM Investment Management LLC boosted its stake in Wyndham Hotels & Resorts by 1.9% during the 3rd quarter. WCM Investment Management LLC now owns 322,363 shares of the company’s stock valued at $26,044,000 after purchasing an additional 6,146 shares during the period. Finally, Hsbc Holdings PLC acquired a new stake in Wyndham Hotels & Resorts in the 2nd quarter valued at approximately $1,425,000. 93.46% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on WH. Stifel Nicolaus upped their price target on Wyndham Hotels & Resorts from $91.00 to $92.00 and gave the stock a “buy” rating in a report on Thursday, October 24th. StockNews.com upgraded shares of Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a research note on Friday, November 1st. Truist Financial raised their price target on shares of Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. Oppenheimer upped their price objective on shares of Wyndham Hotels & Resorts from $90.00 to $115.00 and gave the company an “outperform” rating in a research report on Tuesday, November 12th. Finally, The Goldman Sachs Group assumed coverage on Wyndham Hotels & Resorts in a research report on Wednesday, September 18th. They set a “buy” rating and a $96.00 target price on the stock. Two research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, Wyndham Hotels & Resorts has an average rating of “Moderate Buy” and an average price target of $97.86.

Wyndham Hotels & Resorts Stock Performance

NYSE WH opened at $96.79 on Monday. Wyndham Hotels & Resorts, Inc. has a twelve month low of $67.67 and a twelve month high of $98.73. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 4.19. The stock has a market cap of $7.53 billion, a P/E ratio of 30.73, a PEG ratio of 2.45 and a beta of 1.31. The company’s 50-day simple moving average is $84.04 and its 200 day simple moving average is $77.21.

Wyndham Hotels & Resorts (NYSE:WH) last released its quarterly earnings data 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. The company had revenue of $396.00 million for the quarter, compared to analyst estimates of $408.32 million. Wyndham Hotels & Resorts had a return on equity of 51.79% and a net margin of 18.29%. The company’s revenue was down 1.5% compared to the same quarter last year. During the same period in the prior year, the company posted $1.31 EPS. As a group, research analysts forecast that Wyndham Hotels & Resorts, Inc. will post 4.3 earnings per share for the current fiscal year.

Insiders Place Their Bets

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

Wyndham Hotels & Resorts Company 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.