Wyndham Hotels & Resorts, Inc. (NYSE:WH) Shares Sold by Xponance Inc.

Xponance Inc. reduced its stake in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 2.8% in the 4th quarter, HoldingsChannel reports. The firm owned 10,556 shares of the company’s stock after selling 304 shares during the quarter. Xponance Inc.’s holdings in Wyndham Hotels & Resorts were worth $849,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of WH. Oak Thistle LLC grew its stake in Wyndham Hotels & Resorts by 22.4% in the 3rd quarter. Oak Thistle LLC now owns 15,797 shares of the company’s stock worth $1,099,000 after acquiring an additional 2,892 shares during the period. Patriot Financial Group Insurance Agency LLC grew its stake in shares of Wyndham Hotels & Resorts by 4.1% during the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 3,739 shares of the company’s stock valued at $260,000 after buying an additional 147 shares during the period. Deltec Asset Management LLC grew its stake in shares of Wyndham Hotels & Resorts by 27.8% during the 3rd quarter. Deltec Asset Management LLC now owns 23,000 shares of the company’s stock valued at $1,599,000 after buying an additional 5,000 shares during the period. Brown Advisory Inc. grew its stake in shares of Wyndham Hotels & Resorts by 60.3% during the 3rd quarter. Brown Advisory Inc. now owns 125,649 shares of the company’s stock valued at $8,738,000 after buying an additional 47,280 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of Wyndham Hotels & Resorts by 8.6% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 25,156 shares of the company’s stock valued at $1,749,000 after buying an additional 1,987 shares during the period. 93.46% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have recently issued reports on WH. StockNews.com began coverage on shares of Wyndham Hotels & Resorts in a research note on Friday, April 19th. They set a “hold” rating for the company. Robert W. Baird lowered their price objective on shares of Wyndham Hotels & Resorts from $87.00 to $86.00 and set an “outperform” rating for the company in a research note on Friday, April 19th. Finally, Barclays reduced their target price on shares of Wyndham Hotels & Resorts from $90.00 to $87.00 and set an “overweight” rating on the stock in a report on Friday, April 19th. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $88.00.

Wyndham Hotels & Resorts Stock Performance

NYSE:WH opened at $75.41 on Friday. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 2.90. The firm has a market capitalization of $6.11 billion, a price-to-earnings ratio of 26.74, a PEG ratio of 2.99 and a beta of 1.35. The firm’s fifty day simple moving average is $75.59 and its 200 day simple moving average is $76.67. Wyndham Hotels & Resorts, Inc. has a twelve month low of $63.69 and a twelve month high of $81.73.

Wyndham Hotels & Resorts (NYSE:WH) last issued its quarterly earnings data on Wednesday, April 24th. The company reported $0.78 EPS for the quarter, topping analysts’ consensus estimates of $0.75 by $0.03. Wyndham Hotels & Resorts had a net margin of 17.19% and a return on equity of 39.89%. The firm had revenue of $305.00 million for the quarter, compared to analyst estimates of $308.24 million. During the same quarter in the previous year, the business posted $0.86 EPS. The firm’s revenue was down 2.6% compared to the same quarter last year. As a group, equities research analysts expect that Wyndham Hotels & Resorts, Inc. will post 4.19 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Friday, March 15th were issued 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 yield of 2.02%. This is a positive change from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.35. Wyndham Hotels & Resorts’s payout ratio is currently 53.90%.

Insiders Place Their Bets

In other Wyndham Hotels & Resorts news, CAO Nicola Rossi sold 3,200 shares of the business’s stock in a transaction on Tuesday, March 12th. The shares were 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 in the company, valued at approximately $900,916. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 2.79% of the stock is currently owned by company insiders.

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.