Renaissance Technologies LLC Sells 46,700 Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Renaissance Technologies LLC decreased its position in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 48.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 50,500 shares of the company’s stock after selling 46,700 shares during the period. Renaissance Technologies LLC owned about 0.06% of Wyndham Hotels & Resorts worth $3,737,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently bought and sold shares of WH. Balyasny Asset Management L.P. raised its position in shares of Wyndham Hotels & Resorts by 219.0% during the fourth quarter. Balyasny Asset Management L.P. now owns 1,079,336 shares of the company’s stock worth $86,789,000 after acquiring an additional 740,992 shares during the last quarter. Vanguard Group Inc. lifted its position in Wyndham Hotels & Resorts by 7.5% during the 1st quarter. Vanguard Group Inc. now owns 8,311,078 shares of the company’s stock valued at $637,875,000 after purchasing an additional 581,909 shares during the period. Wellington Management Group LLP boosted its stake in shares of Wyndham Hotels & Resorts by 10.9% in the 4th quarter. Wellington Management Group LLP now owns 5,545,099 shares of the company’s stock valued at $445,881,000 after purchasing an additional 543,488 shares during the last quarter. Janus Henderson Group PLC grew its position in shares of Wyndham Hotels & Resorts by 1,186.0% during the 1st quarter. Janus Henderson Group PLC now owns 509,441 shares of the company’s stock worth $39,092,000 after buying an additional 469,827 shares during the period. Finally, Boston Partners boosted its stake in Wyndham Hotels & Resorts by 15.4% in the first quarter. Boston Partners now owns 3,227,106 shares of the company’s stock valued at $247,646,000 after acquiring an additional 430,053 shares during the last quarter. Institutional investors own 93.46% of the company’s stock.

Wyndham Hotels & Resorts Price Performance

NYSE WH opened at $80.79 on Monday. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 3.83. Wyndham Hotels & Resorts, Inc. has a 1-year low of $65.63 and a 1-year high of $81.73. The company has a 50 day moving average of $76.62 and a 200-day moving average of $74.20. The company has a market cap of $6.51 billion, a price-to-earnings ratio of 28.65, a PEG ratio of 2.78 and a beta of 1.33.

Wyndham Hotels & Resorts (NYSE:WH) last announced its quarterly earnings data on Wednesday, July 24th. The company reported $1.13 EPS for the quarter, beating the consensus estimate of $1.03 by $0.10. Wyndham Hotels & Resorts had a net margin of 18.28% and a return on equity of 47.05%. The business had revenue of $367.00 million during the quarter, compared to the consensus estimate of $370.58 million. During the same period in the previous year, the business earned $0.93 earnings per share. The company’s revenue was up 1.4% on a year-over-year basis. On average, equities research analysts expect that Wyndham Hotels & Resorts, Inc. will post 4.27 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Friday, September 13th were paid a $0.38 dividend. The ex-dividend date of this dividend was Friday, September 13th. This represents a $1.52 annualized dividend and a dividend yield of 1.88%. Wyndham Hotels & Resorts’s dividend payout ratio is 53.90%.

Insider Buying and Selling

In other Wyndham Hotels & Resorts news, insider Monica Melancon sold 5,040 shares of the company’s stock in a transaction on Friday, September 6th. The shares were sold at an average price of $77.66, for a total transaction of $391,406.40. Following the sale, the insider now owns 10,606 shares of the company’s stock, valued at $823,661.96. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, CAO Nicola Rossi sold 7,297 shares of the company’s stock in a transaction dated Friday, July 26th. The shares were sold at an average price of $76.70, for a total transaction of $559,679.90. Following the transaction, the chief accounting officer now owns 4,107 shares in the company, valued at $315,006.90. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Monica Melancon sold 5,040 shares of the company’s stock in a transaction dated Friday, September 6th. The shares were sold at an average price of $77.66, for a total transaction of $391,406.40. Following the transaction, the insider now owns 10,606 shares in the company, valued at approximately $823,661.96. The disclosure for this sale can be found here. Insiders have sold a total of 12,640 shares of company stock valued at $974,351 over the last 90 days. 2.79% of the stock is owned by insiders.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Susquehanna started coverage on Wyndham Hotels & Resorts in a research note on Friday, June 21st. They set a “neutral” rating and a $80.00 price objective on the stock. Truist Financial dropped their price objective on Wyndham Hotels & Resorts from $105.00 to $104.00 and set a “buy” rating on the stock in a research note on Friday, July 26th. Barclays lifted their price target on Wyndham Hotels & Resorts from $88.00 to $90.00 and gave the company an “overweight” rating in a research note on Friday, July 26th. StockNews.com raised Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a research note on Thursday, September 19th. Finally, Stifel Nicolaus dropped their price target on Wyndham Hotels & Resorts from $91.50 to $89.00 and set a “buy” rating on the stock in a research note on Thursday, July 25th. Two research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $90.25.

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.