AQR Capital Management LLC Lowers Stock Position in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

AQR Capital Management LLC lowered its stake in Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 27.1% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 61,820 shares of the company's stock after selling 23,032 shares during the quarter. AQR Capital Management LLC owned 0.08% of Wyndham Hotels & Resorts worth $6,231,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the business. Trust Co. of Vermont boosted its holdings in Wyndham Hotels & Resorts by 434.8% during the 4th quarter. Trust Co. of Vermont now owns 246 shares of the company's stock worth $25,000 after acquiring an additional 200 shares during the last quarter. Proficio Capital Partners LLC purchased a new position in Wyndham Hotels & Resorts during the 4th quarter worth $28,000. Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings 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 worth $28,000 after acquiring an additional 234 shares during the last quarter. Smartleaf Asset Management LLC boosted its holdings in Wyndham Hotels & Resorts by 46.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 343 shares of the company's stock worth $35,000 after acquiring an additional 108 shares during the last quarter. Finally, UMB Bank n.a. boosted its holdings in Wyndham Hotels & Resorts by 72.7% during the 4th quarter. UMB Bank n.a. now owns 399 shares of the company's stock worth $40,000 after acquiring an additional 168 shares during the last quarter. Institutional investors and hedge funds own 93.46% of the company's stock.

Analyst Ratings Changes

WH has been the topic of a number of research analyst reports. Redburn Atlantic raised shares of Wyndham Hotels & Resorts from a "neutral" rating to a "buy" rating and set a $115.00 price target on the stock in a report on Monday, March 24th. Morgan Stanley cut their price target on shares of Wyndham Hotels & Resorts from $102.00 to $94.00 and set an "overweight" rating on the stock in a report on Tuesday, April 22nd. Truist Financial cut their price target on shares of Wyndham Hotels & Resorts from $122.00 to $119.00 and set a "buy" rating on the stock in a report on Friday, March 21st. Jefferies Financial Group cut their price target on shares of Wyndham Hotels & Resorts from $125.00 to $110.00 and set a "buy" rating on the stock in a report on Wednesday, April 9th. Finally, Wells Fargo & Company boosted their price target on shares of Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the stock an "overweight" rating in a report on Friday, February 14th. Two research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company's stock. According to data from MarketBeat, Wyndham Hotels & Resorts currently has a consensus rating of "Moderate Buy" and a consensus target price of $108.48.

Wyndham Hotels & Resorts Price Performance

Shares of Wyndham Hotels & Resorts stock traded up $1.32 on Tuesday, reaching $88.12. The stock had a trading volume of 205,745 shares, compared to its average volume of 846,953. Wyndham Hotels & Resorts, Inc. has a 1 year low of $67.67 and a 1 year high of $113.07. The company has a market cap of $6.79 billion, a P/E ratio of 24.28, a price-to-earnings-growth ratio of 1.87 and a beta of 1.08. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 3.72. The business's 50 day moving average is $86.93 and its two-hundred day moving average is $96.37.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last announced its quarterly 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. Wyndham Hotels & Resorts had a net margin of 20.51% and a return on equity of 54.86%. The firm had revenue of $316.00 million for the quarter, compared to the consensus estimate of $320.10 million. During the same period in the prior year, the firm posted $0.78 earnings per share. The company's revenue for the quarter was up 3.6% on a year-over-year basis. As a group, research analysts anticipate that Wyndham Hotels & Resorts, Inc. will post 4.79 EPS for the current year.

Wyndham Hotels & Resorts Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 17th were issued a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.86%. This is an increase from Wyndham Hotels & Resorts's previous quarterly dividend of $0.38. The ex-dividend date of this dividend was Monday, March 17th. Wyndham Hotels & Resorts's dividend payout ratio is presently 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.