Raymond James Financial Services Advisors Inc. Purchases 875 Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Raymond James Financial Services Advisors Inc. boosted its position in Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 11.6% in the 4th quarter, HoldingsChannel.com reports. The firm owned 8,424 shares of the company’s stock after buying an additional 875 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in Wyndham Hotels & Resorts were worth $677,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Rockefeller Capital Management L.P. increased 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 worth $31,000 after purchasing an additional 255 shares during the period. Money Concepts Capital Corp acquired a new position in Wyndham Hotels & Resorts in the 4th quarter valued at $33,000. Systematic Alpha Investments LLC acquired a new position in Wyndham Hotels & Resorts in the 3rd quarter valued at $37,000. Point72 Hong Kong Ltd acquired a new stake in shares of Wyndham Hotels & Resorts during the 2nd quarter worth $46,000. Finally, Covestor Ltd grew its holdings in shares of Wyndham Hotels & Resorts by 68.3% during the 3rd quarter. Covestor Ltd now owns 813 shares of the company’s stock worth $57,000 after purchasing an additional 330 shares in the last quarter. 93.46% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Wyndham Hotels & Resorts

In other Wyndham Hotels & Resorts news, CAO Nicola Rossi sold 3,200 shares of the company’s 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 completion of the transaction, the chief accounting officer now owns 11,404 shares of the company’s stock, valued at approximately $900,916. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. 2.79% of the stock is currently owned by insiders.

Wyndham Hotels & Resorts Trading Down 2.2 %

Shares of WH stock opened at $69.47 on Thursday. Wyndham Hotels & Resorts, Inc. has a fifty-two week low of $63.69 and a fifty-two week high of $81.73. The stock’s fifty day moving average price is $76.45 and its two-hundred day moving average price is $76.57. The company has a debt-to-equity ratio of 2.90, a quick ratio of 0.81 and a current ratio of 0.81. The company has a market cap of $5.63 billion, a PE ratio of 20.43, a P/E/G ratio of 3.26 and a beta of 1.35.

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

Wyndham Hotels & Resorts Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 15th were issued a dividend of $0.38 per share. The ex-dividend date of this dividend was Thursday, March 14th. This is a positive change from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.35. This represents a $1.52 annualized dividend and a dividend yield of 2.19%. Wyndham Hotels & Resorts’s payout ratio is 44.71%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com started coverage on shares of Wyndham Hotels & Resorts in a research report on Thursday, April 11th. They set a “hold” rating for the company. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $88.50.

About Wyndham Hotels & Resorts

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.