4,731 Shares in Wyndham Hotels & Resorts (NYSE:WH) Acquired by Janney Capital Management LLC

Janney Capital Management LLC acquired a new position in shares of Wyndham Hotels & Resorts (NYSE:WH - Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 4,731 shares of the company's stock, valued at approximately $428,000.

A number of other institutional investors have also added to or reduced their stakes in the stock. Smartleaf Asset Management LLC increased its position 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 purchasing an additional 108 shares in the last quarter. Principal Securities Inc. increased its position in Wyndham Hotels & Resorts by 1.0% during the 4th quarter. Principal Securities Inc. now owns 10,941 shares of the company's stock worth $1,103,000 after purchasing an additional 113 shares in the last quarter. Coldstream Capital Management Inc. increased its position in Wyndham Hotels & Resorts by 4.0% during the 4th quarter. Coldstream Capital Management Inc. now owns 5,042 shares of the company's stock worth $508,000 after purchasing an additional 195 shares in the last quarter. NorthCrest Asset Manangement LLC increased its position in Wyndham Hotels & Resorts by 3.4% during the 1st quarter. NorthCrest Asset Manangement LLC now owns 6,578 shares of the company's stock worth $595,000 after purchasing an additional 218 shares in the last quarter. Finally, Cetera Investment Advisers increased its position in Wyndham Hotels & Resorts by 1.8% during the 4th quarter. Cetera Investment Advisers now owns 12,855 shares of the company's stock worth $1,296,000 after purchasing an additional 233 shares in the last quarter. 93.46% of the stock is currently owned by institutional investors and hedge funds.

Wyndham Hotels & Resorts Price Performance

Shares of NYSE WH opened at $79.77 on Friday. The firm's 50-day moving average price is $83.85 and its 200-day moving average price is $94.26. Wyndham Hotels & Resorts has a 1-year low of $70.08 and a 1-year high of $113.07. The firm has a market capitalization of $6.14 billion, a P/E ratio of 18.90, a P/E/G ratio of 1.62 and a beta of 0.99. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 4.29.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The company reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.82 by $0.04. Wyndham Hotels & Resorts had a net margin of 23.52% and a return on equity of 57.49%. The firm had revenue of $316.00 million for the quarter, compared to analyst estimates of $320.10 million. During the same quarter in the prior year, the business earned $0.78 earnings per share. The business's quarterly revenue was up 3.6% compared to the same quarter last year. Equities research analysts anticipate that Wyndham Hotels & Resorts will post 4.79 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 13th will be issued a dividend of $0.41 per share. The ex-dividend date of this dividend is Friday, June 13th. This represents a $1.64 annualized dividend and a yield of 2.06%. Wyndham Hotels & Resorts's payout ratio is 38.86%.

Insiders Place Their Bets

In other Wyndham Hotels & Resorts news, CEO Geoffrey A. Ballotti sold 26,650 shares of the company's stock in a transaction on Thursday, May 15th. The shares were sold at an average price of $86.56, for a total transaction of $2,306,824.00. Following the transaction, the chief executive officer now owns 461,376 shares in the company, valued at approximately $39,936,706.56. This represents a 5.46% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 2.46% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on WH. Jefferies Financial Group lowered their price objective on shares of Wyndham Hotels & Resorts from $125.00 to $110.00 and set a "buy" rating for the company in a research report on Wednesday, April 9th. Susquehanna upped their price target on shares of Wyndham Hotels & Resorts from $80.00 to $110.00 and gave the company a "neutral" rating in a research report on Tuesday, February 25th. The Goldman Sachs Group decreased their price target on shares of Wyndham Hotels & Resorts from $124.00 to $108.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Stifel Nicolaus decreased their price target on shares of Wyndham Hotels & Resorts from $121.00 to $102.75 and set a "buy" rating for the company in a research report on Thursday, May 1st. Finally, Barclays decreased their price target on shares of Wyndham Hotels & Resorts from $121.00 to $100.00 and set an "overweight" rating for the company in a research report on Tuesday, April 22nd. Two equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $108.48.

About Wyndham Hotels & Resorts

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.

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