Commonwealth of Pennsylvania Public School Empls Retrmt SYS Boosts Stock Position in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 4.3% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 41,506 shares of the company’s stock after buying an additional 1,725 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Wyndham Hotels & Resorts were worth $2,846,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in WH. Raymond James Financial Services Advisors Inc. grew its stake in shares of Wyndham Hotels & Resorts by 2.1% in the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 7,631 shares of the company’s stock worth $646,000 after buying an additional 157 shares during the last quarter. HighTower Advisors LLC grew its stake in shares of Wyndham Hotels & Resorts by 5.4% in the 1st quarter. HighTower Advisors LLC now owns 6,609 shares of the company’s stock worth $558,000 after buying an additional 340 shares during the last quarter. Citigroup Inc. grew its stake in shares of Wyndham Hotels & Resorts by 7.8% in the 1st quarter. Citigroup Inc. now owns 38,595 shares of the company’s stock worth $3,268,000 after buying an additional 2,783 shares during the last quarter. Panagora Asset Management Inc. purchased a new stake in shares of Wyndham Hotels & Resorts in the 1st quarter worth approximately $1,358,000. Finally, APG Asset Management N.V. purchased a new stake in shares of Wyndham Hotels & Resorts in the 1st quarter worth approximately $723,000. Hedge funds and other institutional investors own 92.06% of the company’s stock.

Wyndham Hotels & Resorts Stock Performance

WH stock opened at $78.09 on Monday. The company has a market cap of $6.48 billion, a P/E ratio of 22.77, a price-to-earnings-growth ratio of 7.49 and a beta of 1.37. Wyndham Hotels & Resorts, Inc. has a 1 year low of $63.69 and a 1 year high of $81.00. The company has a debt-to-equity ratio of 2.48, a current ratio of 1.07 and a quick ratio of 1.07. The stock’s fifty day moving average price is $72.53 and its 200-day moving average price is $72.10.

Wyndham Hotels & Resorts (NYSE:WH) last announced its earnings results on Wednesday, October 25th. The company reported $1.31 EPS for the quarter, topping analysts’ consensus estimates of $1.25 by $0.06. Wyndham Hotels & Resorts had a return on equity of 36.32% and a net margin of 20.98%. The company had revenue of $402.00 million for the quarter, compared to analysts’ expectations of $395.44 million. During the same period last year, the firm earned $1.21 EPS. Wyndham Hotels & Resorts’s revenue for the quarter was down 1.2% compared to the same quarter last year. On average, equities analysts forecast that Wyndham Hotels & Resorts, Inc. will post 4.01 earnings per share for the current year.

Wyndham Hotels & Resorts Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 27th. Shareholders of record on Wednesday, December 13th will be issued a dividend of $0.35 per share. The ex-dividend date of this dividend is Tuesday, December 12th. This represents a $1.40 dividend on an annualized basis and a yield of 1.79%. Wyndham Hotels & Resorts’s dividend payout ratio is presently 40.82%.

Analyst Upgrades and Downgrades

WH has been the topic of several recent analyst reports. TheStreet upgraded Wyndham Hotels & Resorts from a “c+” rating to a “b” rating in a research note on Wednesday, July 26th. StockNews.com initiated coverage on Wyndham Hotels & Resorts in a research note on Sunday. They set a “hold” rating on the stock. Morgan Stanley increased their target price on Wyndham Hotels & Resorts from $87.00 to $88.00 and gave the company an “overweight” rating in a research note on Friday, October 27th. Stifel Nicolaus cut their target price on Wyndham Hotels & Resorts from $84.00 to $83.00 and set a “buy” rating on the stock in a research note on Wednesday, October 11th. Finally, HSBC initiated coverage on Wyndham Hotels & Resorts in a research note on Monday, October 23rd. They set a “buy” rating and a $87.00 target price on the stock. Two investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $87.00.

About Wyndham Hotels & Resorts

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 hotels.