Allworth Financial LP Purchases 152 Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Allworth Financial LP grew its holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 62.6% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 395 shares of the company’s stock after buying an additional 152 shares during the quarter. Allworth Financial LP’s holdings in Wyndham Hotels & Resorts were worth $32,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in the business. Rockefeller Capital Management L.P. lifted its holdings in shares of Wyndham Hotels & Resorts by 139.3% during the fourth quarter. Rockefeller Capital Management L.P. now owns 438 shares of the company’s stock valued at $31,000 after acquiring an additional 255 shares during the period. Money Concepts Capital Corp bought a new position in shares of Wyndham Hotels & Resorts in the fourth quarter valued at approximately $33,000. Systematic Alpha Investments LLC bought a new stake in Wyndham Hotels & Resorts during the 3rd quarter worth approximately $37,000. Point72 Hong Kong Ltd acquired a new stake in Wyndham Hotels & Resorts during the 2nd quarter valued at $46,000. Finally, Chilton Capital Management LLC acquired a new position in Wyndham Hotels & Resorts in the fourth quarter worth $47,000. 93.46% of the stock is currently owned by institutional investors and hedge funds.

Wyndham Hotels & Resorts Price Performance

Shares of WH stock opened at $72.17 on Monday. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 2.90. Wyndham Hotels & Resorts, Inc. has a 12 month low of $63.69 and a 12 month high of $81.73. The firm has a market cap of $5.85 billion, a price-to-earnings ratio of 21.23, a PEG ratio of 3.28 and a beta of 1.35. The stock has a 50-day moving average price of $76.93 and a 200 day moving average price of $76.60.

Wyndham Hotels & Resorts (NYSE:WH) last issued its quarterly earnings results on Wednesday, February 14th. The company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.90 by $0.01. Wyndham Hotels & Resorts had a net margin of 20.74% and a return on equity of 39.91%. The company had revenue of $321.00 million during the quarter, compared to analysts’ expectations of $321.35 million. During the same quarter in the previous year, the company earned $0.72 EPS. Wyndham Hotels & Resorts’s revenue was down 3.9% on a year-over-year basis. Research analysts expect that Wyndham Hotels & Resorts, Inc. will post 4.22 EPS for the current year.

Wyndham Hotels & Resorts Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Friday, March 15th were paid a $0.38 dividend. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 2.11%. This is an increase from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.35. Wyndham Hotels & Resorts’s dividend payout ratio is 44.71%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on shares of Wyndham Hotels & Resorts in a research report on Thursday. They set a “hold” rating on the stock. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, Wyndham Hotels & Resorts has an average rating of “Moderate Buy” and a consensus target price of $88.50.

Insider Buying and Selling

In other Wyndham Hotels & Resorts news, CAO Nicola Rossi sold 3,200 shares of the stock in a transaction dated Tuesday, March 12th. The stock was sold at an average price of $79.00, for a total value of $252,800.00. Following the transaction, the chief accounting officer now owns 11,404 shares of the company’s stock, valued at $900,916. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 2.79% of the stock is owned by 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.