Amalgamated Bank Has $4.36 Million Stake in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Amalgamated Bank lowered its position in Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 0.9% in the fourth quarter, HoldingsChannel.com reports. The fund owned 54,198 shares of the company’s stock after selling 492 shares during the quarter. Amalgamated Bank’s holdings in Wyndham Hotels & Resorts were worth $4,358,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently modified their holdings of the company. WINTON GROUP Ltd boosted its position in Wyndham Hotels & Resorts by 2.3% during the third quarter. WINTON GROUP Ltd now owns 6,517 shares of the company’s stock worth $453,000 after purchasing an additional 144 shares during the period. Tributary Capital Management LLC boosted its holdings in shares of Wyndham Hotels & Resorts by 1.9% during the 4th quarter. Tributary Capital Management LLC now owns 7,700 shares of the company’s stock worth $619,000 after buying an additional 146 shares during the period. Allworth Financial LP grew its stake in Wyndham Hotels & Resorts by 62.6% in the 4th quarter. Allworth Financial LP now owns 395 shares of the company’s stock valued at $32,000 after buying an additional 152 shares during the last quarter. Fifth Third Bancorp raised its holdings in Wyndham Hotels & Resorts by 7.1% in the 3rd quarter. Fifth Third Bancorp now owns 2,598 shares of the company’s stock valued at $181,000 after acquiring an additional 173 shares during the period. Finally, Treasurer of the State of North Carolina lifted its position in Wyndham Hotels & Resorts by 0.5% during the third quarter. Treasurer of the State of North Carolina now owns 36,914 shares of the company’s stock worth $2,567,000 after acquiring an additional 180 shares during the last quarter. Institutional investors own 93.46% of the company’s stock.

Wyndham Hotels & Resorts Price Performance

Shares of NYSE WH opened at $72.56 on Thursday. The stock has a market capitalization of $5.85 billion, a PE ratio of 25.73, a P/E/G ratio of 2.55 and a beta of 1.33. Wyndham Hotels & Resorts, Inc. has a fifty-two week low of $63.69 and a fifty-two week high of $81.73. The company has a debt-to-equity ratio of 3.27, a current ratio of 0.70 and a quick ratio of 0.70. The business has a fifty day moving average price of $74.56 and a two-hundred day moving average price of $76.89.

Wyndham Hotels & Resorts (NYSE:WH) last posted its quarterly earnings data on Wednesday, April 24th. The company reported $0.78 earnings per share for the quarter, topping the consensus estimate of $0.75 by $0.03. Wyndham Hotels & Resorts had a net margin of 17.19% and a return on equity of 41.83%. The business had revenue of $305.00 million during the quarter, compared to analysts’ expectations of $308.24 million. During the same quarter in the prior year, the business posted $0.86 earnings per share. Wyndham Hotels & Resorts’s revenue was down 2.6% compared to the same quarter last year. As a group, equities analysts predict that Wyndham Hotels & Resorts, Inc. will post 4.25 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 paid a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a yield of 2.09%. This is a boost from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.35. The ex-dividend date was Thursday, March 14th. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is 53.90%.

Insider Buying and Selling at Wyndham Hotels & Resorts

In other Wyndham Hotels & Resorts news, CAO Nicola Rossi sold 3,200 shares of the firm’s stock in a transaction on Tuesday, March 12th. The stock was sold at an average price of $79.00, for a total value of $252,800.00. Following the sale, 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 document filed with the SEC, which is available at the SEC website. In other news, CAO Nicola Rossi sold 3,200 shares of the stock in a transaction dated Tuesday, March 12th. The shares were 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 $900,916. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Geoffrey A. Ballotti sold 196,279 shares of Wyndham Hotels & Resorts stock in a transaction that occurred on Wednesday, May 1st. The shares were sold at an average price of $73.36, for a total transaction of $14,399,027.44. Following the sale, the chief executive officer now directly owns 377,712 shares in the company, valued at $27,708,952.32. The disclosure for this sale can be found here. Company insiders own 2.79% of the company’s stock.

Wall Street Analyst Weigh In

WH has been the topic of a number of recent research reports. Robert W. Baird increased their target price on Wyndham Hotels & Resorts from $86.00 to $88.00 and gave the stock an “outperform” rating in a research note on Friday, April 26th. StockNews.com began coverage on Wyndham Hotels & Resorts in a research report on Sunday. They set a “hold” rating on the stock. Finally, Barclays boosted their target price on shares of Wyndham Hotels & Resorts from $87.00 to $88.00 and gave the company an “overweight” rating in a research report on Friday, April 26th. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $88.17.

Wyndham Hotels & Resorts 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.