Wyndham Hotels & Resorts, Inc. (NYSE:WH) Short Interest Up 43.2% in April

Wyndham Hotels & Resorts, Inc. (NYSE:WHGet Rating) saw a significant increase in short interest in the month of April. As of April 30th, there was short interest totalling 2,120,000 shares, an increase of 43.2% from the April 15th total of 1,480,000 shares. Based on an average daily volume of 814,500 shares, the short-interest ratio is presently 2.6 days. Approximately 2.4% of the company’s shares are sold short.

Shares of NYSE:WH traded up $2.71 during midday trading on Friday, reaching $77.35. 912,192 shares of the company were exchanged, compared to its average volume of 715,813. Wyndham Hotels & Resorts has a fifty-two week low of $65.24 and a fifty-two week high of $93.86. The company has a quick ratio of 2.13, a current ratio of 2.13 and a debt-to-equity ratio of 1.78. The stock has a fifty day simple moving average of $84.31 and a two-hundred day simple moving average of $84.69. The firm has a market cap of $7.12 billion, a PE ratio of 22.23, a P/E/G ratio of 1.78 and a beta of 1.48.

Wyndham Hotels & Resorts (NYSE:WHGet Rating) last issued its quarterly earnings data on Tuesday, April 26th. The company reported $0.95 EPS for the quarter, topping analysts’ consensus estimates of $0.66 by $0.29. Wyndham Hotels & Resorts had a net margin of 19.91% and a return on equity of 31.60%. The business had revenue of $371.00 million for the quarter, compared to analyst estimates of $339.16 million. During the same period last year, the business posted $0.36 earnings per share. As a group, analysts forecast that Wyndham Hotels & Resorts will post 3.56 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 29th. Investors of record on Wednesday, June 15th will be issued a dividend of $0.32 per share. The ex-dividend date is Tuesday, June 14th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.65%. Wyndham Hotels & Resorts’s payout ratio is 36.78%.

Several equities research analysts have weighed in on the stock. StockNews.com assumed coverage on shares of Wyndham Hotels & Resorts in a report on Thursday, March 31st. They issued a “hold” rating on the stock. Zacks Investment Research upgraded shares of Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a report on Saturday, February 19th. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $92.75.

Hedge funds have recently modified their holdings of the business. Morgan Stanley increased its stake in Wyndham Hotels & Resorts by 253.7% in the 3rd quarter. Morgan Stanley now owns 762,041 shares of the company’s stock valued at $58,822,000 after buying an additional 546,608 shares during the last quarter. Banque Pictet & Cie SA increased its stake in Wyndham Hotels & Resorts by 15.2% in the 4th quarter. Banque Pictet & Cie SA now owns 99,204 shares of the company’s stock valued at $8,894,000 after buying an additional 13,116 shares during the last quarter. Yousif Capital Management LLC acquired a new stake in Wyndham Hotels & Resorts in the 4th quarter valued at $4,386,000. AGF Investments Inc. increased its stake in Wyndham Hotels & Resorts by 9.2% in the 4th quarter. AGF Investments Inc. now owns 1,314,095 shares of the company’s stock valued at $117,809,000 after buying an additional 110,286 shares during the last quarter. Finally, State of New Jersey Common Pension Fund D increased its stake in Wyndham Hotels & Resorts by 2.3% in the 4th quarter. State of New Jersey Common Pension Fund D now owns 185,590 shares of the company’s stock valued at $16,638,000 after buying an additional 4,108 shares during the last quarter. Hedge funds and other institutional investors own 92.63% of the company’s stock.

About Wyndham Hotels & Resorts (Get Rating)

Wyndham Hotels & Resorts, Inc operates as a hotel franchisor worldwide. 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. The Hotel Management segment provides hotel management services for full-service and limited-service hotels.

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