Hussman Strategic Advisors Inc. Takes $839,000 Position in Wyndham Hotels & Resorts $WH

Hussman Strategic Advisors Inc. purchased a new stake in shares of Wyndham Hotels & Resorts (NYSE:WH) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 10,500 shares of the company’s stock, valued at approximately $839,000.

A number of other hedge funds have also recently added to or reduced their stakes in WH. Boston Partners increased its stake in Wyndham Hotels & Resorts by 9.1% during the second quarter. Boston Partners now owns 3,130,373 shares of the company’s stock valued at $254,449,000 after purchasing an additional 261,530 shares during the last quarter. Burgundy Asset Management Ltd. boosted its holdings in shares of Wyndham Hotels & Resorts by 4.1% in the 2nd quarter. Burgundy Asset Management Ltd. now owns 2,465,968 shares of the company’s stock valued at $200,261,000 after buying an additional 96,507 shares during the period. Invesco Ltd. grew its position in shares of Wyndham Hotels & Resorts by 9.7% during the 2nd quarter. Invesco Ltd. now owns 1,561,979 shares of the company’s stock valued at $126,848,000 after buying an additional 137,502 shares during the last quarter. JPMorgan Chase & Co. raised its stake in Wyndham Hotels & Resorts by 3.1% during the second quarter. JPMorgan Chase & Co. now owns 1,539,476 shares of the company’s stock worth $125,021,000 after acquiring an additional 46,966 shares during the period. Finally, Long Pond Capital LP raised its stake in Wyndham Hotels & Resorts by 545.8% during the second quarter. Long Pond Capital LP now owns 1,505,781 shares of the company’s stock worth $122,284,000 after acquiring an additional 1,272,628 shares during the period. Institutional investors and hedge funds own 93.46% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the company. Truist Financial set a $98.00 target price on Wyndham Hotels & Resorts in a research note on Friday, October 24th. Robert W. Baird reduced their price objective on Wyndham Hotels & Resorts from $93.00 to $89.00 and set an “outperform” rating for the company in a research report on Tuesday, October 28th. Wall Street Zen upgraded Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a research note on Sunday, December 7th. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $76.00 target price (down from $88.00) on shares of Wyndham Hotels & Resorts in a research report on Monday, December 15th. Finally, Zacks Research raised shares of Wyndham Hotels & Resorts from a “strong sell” rating to a “hold” rating in a report on Monday, January 5th. Nine research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $93.58.

Insider Activity

In other Wyndham Hotels & Resorts news, General Counsel Paul F. Cash sold 36,379 shares of the company’s stock in a transaction dated Friday, November 14th. The shares were sold at an average price of $71.66, for a total value of $2,606,919.14. Following the completion of the sale, the general counsel directly owned 39,123 shares of the company’s stock, valued at approximately $2,803,554.18. This represents a 48.18% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Scott R. Strickland sold 28,134 shares of Wyndham Hotels & Resorts stock in a transaction that occurred on Tuesday, December 9th. The stock was 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 directly owned 40,363 shares in the company, valued at $2,870,212.93. This represents a 41.07% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 120,606 shares of company stock worth $9,047,218 over the last 90 days. 2.46% of the stock is currently owned by company insiders.

Wyndham Hotels & Resorts Stock Performance

WH stock opened at $72.75 on Thursday. The company has a 50-day simple moving average of $76.29 and a 200 day simple moving average of $80.07. The company has a market capitalization of $5.50 billion, a P/E ratio of 16.72, a PEG ratio of 2.00 and a beta of 0.76. Wyndham Hotels & Resorts has a fifty-two week low of $69.21 and a fifty-two week high of $113.07. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 4.43.

Wyndham Hotels & Resorts Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 30th. Stockholders of record on Monday, December 15th were issued a $0.41 dividend. The ex-dividend date was Monday, December 15th. This represents a $1.64 annualized dividend and a dividend yield of 2.3%. Wyndham Hotels & Resorts’s dividend payout ratio is 37.70%.

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.