Wyndham Hotels & Resorts, Inc. (NYSE:WH) Shares Sold by Ancora Advisors LLC

Ancora Advisors LLC cut its stake in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 4.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 209,976 shares of the company's stock after selling 8,993 shares during the period. Ancora Advisors LLC owned 0.27% of Wyndham Hotels & Resorts worth $21,163,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of the stock. Trust Co. of Vermont increased its stake in shares of Wyndham Hotels & Resorts by 434.8% during the fourth quarter. Trust Co. of Vermont now owns 246 shares of the company's stock valued at $25,000 after buying an additional 200 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in Wyndham Hotels & Resorts by 508.7% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 280 shares of the company's stock valued at $28,000 after purchasing an additional 234 shares during the period. Smartleaf Asset Management LLC raised its holdings in shares of Wyndham Hotels & Resorts by 46.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 343 shares of the company's stock valued at $35,000 after purchasing an additional 108 shares in the last quarter. UMB Bank n.a. lifted its position in shares of Wyndham Hotels & Resorts by 72.7% in the 4th quarter. UMB Bank n.a. now owns 399 shares of the company's stock worth $40,000 after purchasing an additional 168 shares during the period. Finally, Quarry LP bought a new position in shares of Wyndham Hotels & Resorts during the fourth quarter valued at approximately $41,000. 93.46% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of analysts have weighed in on WH shares. Wells Fargo & Company upped their target price on Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the stock an "overweight" rating in a report on Friday, February 14th. Stifel Nicolaus dropped their price objective on Wyndham Hotels & Resorts from $121.00 to $102.75 and set a "buy" rating on the stock in a research report on Thursday. Truist Financial cut their target price on Wyndham Hotels & Resorts from $122.00 to $119.00 and set a "buy" rating on the stock in a research note on Friday, March 21st. Morgan Stanley decreased their price target on shares of Wyndham Hotels & Resorts from $102.00 to $94.00 and set an "overweight" rating for the company in a research report on Tuesday, April 22nd. Finally, Susquehanna raised their price target on shares of Wyndham Hotels & Resorts from $80.00 to $110.00 and gave the company a "neutral" rating in a report on Tuesday, February 25th. Two equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $109.81.

Wyndham Hotels & Resorts Stock Performance

Wyndham Hotels & Resorts stock traded down $2.90 during mid-day trading on Monday, reaching $84.15. 1,111,554 shares of the company traded hands, compared to its average volume of 838,518. The firm's fifty day moving average is $89.12 and its two-hundred day moving average is $96.41. The company has a market capitalization of $6.52 billion, a price-to-earnings ratio of 23.18, a price-to-earnings-growth ratio of 1.87 and a beta of 1.08. Wyndham Hotels & Resorts, Inc. has a fifty-two week low of $67.67 and a fifty-two week high of $113.07. The company has a debt-to-equity ratio of 3.72, a current ratio of 1.00 and a quick ratio of 1.00.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last issued its earnings results on Wednesday, April 30th. The company reported $0.86 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.82 by $0.04. The company had revenue of $316.00 million during the quarter, compared to analyst estimates of $320.10 million. Wyndham Hotels & Resorts had a return on equity of 54.86% and a net margin of 20.51%. The firm's quarterly revenue was up 3.6% on a year-over-year basis. During the same quarter last year, the business posted $0.78 EPS. On average, equities research analysts expect that Wyndham Hotels & Resorts, Inc. will post 4.79 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 17th were issued a $0.41 dividend. This represents a $1.64 annualized dividend and a yield of 1.95%. The ex-dividend date of this dividend was Monday, March 17th. This is an increase from Wyndham Hotels & Resorts's previous quarterly dividend of $0.38. Wyndham Hotels & Resorts's dividend payout ratio is 38.86%.

Wyndham Hotels & Resorts Profile

Wyndham Hotels & Resorts, Inc engages in the franchise and operation of hotels under the Wyndham brand. It operates through the Hotel Franchising and Hotel Management segments. The Hotel Franchising segment focuses on licensing the company's lodging brands and providing related services to third-party hotel owners and others.