Signaturefd LLC Buys 246 Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Signaturefd LLC raised its stake in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH – Get Rating) by 50.3% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 735 shares of the company’s stock after purchasing an additional 246 shares during the quarter. Signaturefd LLC’s holdings in Wyndham Hotels & Resorts were worth $62,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in WH. Allegheny Financial Group LTD bought a new position in shares of Wyndham Hotels & Resorts during the 4th quarter worth about $33,000. Glassman Wealth Services increased its holdings in shares of Wyndham Hotels & Resorts by 123.9% during the 4th quarter. Glassman Wealth Services now owns 365 shares of the company’s stock worth $33,000 after purchasing an additional 202 shares during the period. Sageworth Trust Co of South Dakota bought a new stake in Wyndham Hotels & Resorts in the fourth quarter valued at about $35,000. Retirement Planning Co of New England Inc. bought a new stake in Wyndham Hotels & Resorts in the fourth quarter valued at about $37,000. Finally, Rise Advisors LLC bought a new stake in Wyndham Hotels & Resorts in the fourth quarter valued at about $44,000. Institutional investors own 92.63% of the company’s stock.

Insider Buying and Selling at Wyndham Hotels & Resorts

In other news, General Counsel Paul F. Cash sold 30,331 shares of the company’s stock in a transaction that occurred on Wednesday, June 1st. The shares were sold at an average price of $79.94, for a total transaction of $2,424,660.14. Following the transaction, the general counsel now directly owns 11,680 shares in the company, valued at $933,699.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 1.91% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently weighed in on WH. Barclays began coverage on shares of Wyndham Hotels & Resorts in a research note on Tuesday, June 28th. They issued an “equal weight” rating and a $77.00 target price on the stock. Stifel Nicolaus lowered their target price on shares of Wyndham Hotels & Resorts from $99.00 to $85.50 in a research note on Wednesday, July 6th. Finally, StockNews.com cut shares of Wyndham Hotels & Resorts from a “buy” rating to a “hold” rating in a research note on Wednesday, June 29th. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, Wyndham Hotels & Resorts has a consensus rating of “Moderate Buy” and an average target price of $87.70.

Wyndham Hotels & Resorts Price Performance

NYSE:WH opened at $68.74 on Friday. The firm has a market cap of $6.33 billion, a PE ratio of 19.75, a price-to-earnings-growth ratio of 1.47 and a beta of 1.52. Wyndham Hotels & Resorts, Inc. has a 12 month low of $62.89 and a 12 month 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 company’s 50-day moving average price is $71.07 and its two-hundred day moving average price is $79.80.

Wyndham Hotels & Resorts (NYSE:WH – Get Rating) last released its quarterly earnings results on Tuesday, April 26th. The company reported $0.95 EPS for the quarter, beating analysts’ consensus estimates of $0.66 by $0.29. The firm had revenue of $371.00 million for the quarter, compared to analyst estimates of $339.16 million. Wyndham Hotels & Resorts had a net margin of 19.91% and a return on equity of 31.60%. During the same period in the previous year, the business earned $0.36 earnings per share. On average, equities analysts anticipate that Wyndham Hotels & Resorts, Inc. will post 3.6 EPS for the current fiscal year.

Wyndham Hotels & Resorts Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 29th. Shareholders of record on Wednesday, June 15th were given a $0.32 dividend. The ex-dividend date was Tuesday, June 14th. This represents a $1.28 dividend on an annualized basis and a yield of 1.86%. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is presently 36.78%.

Wyndham Hotels & Resorts Company Profile

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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.