Wyndham Hotels & Resorts, Inc. (NYSE:WH) Stock Holdings Lessened by Zurcher Kantonalbank Zurich Cantonalbank

Zurcher Kantonalbank Zurich Cantonalbank trimmed its stake in Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 28.3% in the fourth quarter, Holdings Channel.com reports. The firm owned 18,041 shares of the company’s stock after selling 7,115 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Wyndham Hotels & Resorts were worth $1,451,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Wellington Management Group LLP raised its position in Wyndham Hotels & Resorts by 150.2% during the third quarter. Wellington Management Group LLP now owns 5,001,611 shares of the company’s stock valued at $347,812,000 after acquiring an additional 3,002,259 shares in the last quarter. FMR LLC raised its position in Wyndham Hotels & Resorts by 2.7% during the third quarter. FMR LLC now owns 2,492,340 shares of the company’s stock valued at $173,317,000 after acquiring an additional 64,925 shares in the last quarter. Invesco Ltd. raised its position in Wyndham Hotels & Resorts by 55.2% during the third quarter. Invesco Ltd. now owns 1,337,980 shares of the company’s stock valued at $93,043,000 after acquiring an additional 475,682 shares in the last quarter. Burgundy Asset Management Ltd. raised its position in Wyndham Hotels & Resorts by 1.6% during the third quarter. Burgundy Asset Management Ltd. now owns 1,231,088 shares of the company’s stock valued at $85,610,000 after acquiring an additional 19,572 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its position in Wyndham Hotels & Resorts by 0.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 661,266 shares of the company’s stock valued at $45,984,000 after acquiring an additional 3,459 shares in the last quarter. 93.46% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other 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 sale, the chief accounting officer now directly owns 11,404 shares of the company’s stock, valued at approximately $900,916. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 2.79% of the company’s stock.

Wyndham Hotels & Resorts Stock Performance

Wyndham Hotels & Resorts stock opened at $75.41 on Friday. The stock has a 50-day simple moving average of $75.59 and a 200 day simple moving average of $76.67. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 2.90. The stock has a market capitalization of $6.11 billion, a price-to-earnings ratio of 26.74, a P/E/G ratio of 2.99 and a beta of 1.35. Wyndham Hotels & Resorts, Inc. has a 12-month low of $63.69 and a 12-month high of $81.73.

Wyndham Hotels & Resorts (NYSE:WH) last announced 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. The firm had revenue of $305.00 million during the quarter, compared to analyst estimates of $308.24 million. Wyndham Hotels & Resorts had a return on equity of 39.89% and a net margin of 17.19%. The company’s revenue was down 2.6% on a year-over-year basis. During the same period last year, the company earned $0.86 earnings per share. On average, research analysts anticipate 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. Investors of record on Friday, March 15th were given a $0.38 dividend. 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. The ex-dividend date of this dividend was Thursday, March 14th. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is presently 53.90%.

Analyst Upgrades and Downgrades

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

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.