Janney Capital Management LLC Buys New Position in Wyndham Hotels & Resorts (NYSE:WH)

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

Other hedge funds also recently added to or reduced their stakes in the company. Bank Pictet & Cie Europe AG purchased a new position in shares of Wyndham Hotels & Resorts during the 4th quarter worth approximately $201,000. Principal Securities Inc. boosted its holdings in shares of Wyndham Hotels & Resorts by 1.0% in the 4th quarter. Principal Securities Inc. now owns 10,941 shares of the company's stock valued at $1,103,000 after buying an additional 113 shares during the period. Sanctuary Advisors LLC lifted its stake in shares of Wyndham Hotels & Resorts by 9.5% in the 4th quarter. Sanctuary Advisors LLC now owns 3,739 shares of the company's stock worth $390,000 after acquiring an additional 325 shares during the period. CIBC Asset Management Inc acquired a new stake in Wyndham Hotels & Resorts during the fourth quarter valued at approximately $248,000. Finally, ING Groep NV acquired a new stake in shares of Wyndham Hotels & Resorts during the fourth quarter valued at approximately $3,618,000. 93.46% of the stock is owned by hedge funds and other institutional investors.

Wyndham Hotels & Resorts Price Performance

WH traded down $0.09 during trading on Monday, hitting $79.24. The company's stock had a trading volume of 970,555 shares, compared to its average volume of 857,616. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 4.29. The business's fifty day simple moving average is $83.65 and its 200 day simple moving average is $93.87. The firm has a market capitalization of $6.10 billion, a price-to-earnings ratio of 18.78, a P/E/G ratio of 1.61 and a beta of 1.00. Wyndham Hotels & Resorts has a twelve month low of $70.08 and a twelve month high of $113.07.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last issued 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. The firm had revenue of $316.00 million for the quarter, compared to analyst estimates of $320.10 million. Wyndham Hotels & Resorts had a return on equity of 57.49% and a net margin of 23.52%. The business's revenue was up 3.6% on a year-over-year basis. During the same period in the previous year, the company posted $0.78 earnings per share. On average, equities research analysts forecast that Wyndham Hotels & Resorts will post 4.79 EPS for the current fiscal year.

Wyndham Hotels & Resorts Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 13th will be paid a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a yield of 2.07%. The ex-dividend date of this dividend is Friday, June 13th. Wyndham Hotels & Resorts's dividend payout ratio (DPR) is currently 38.86%.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on WH shares. Redburn Atlantic raised shares of Wyndham Hotels & Resorts from a "neutral" rating to a "buy" rating and set a $115.00 price objective on the stock in a research note on Monday, March 24th. Barclays reduced their target price 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. Morgan Stanley dropped their price objective on shares of Wyndham Hotels & Resorts from $102.00 to $94.00 and set an "overweight" rating for the company in a report on Tuesday, April 22nd. Susquehanna lifted 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. Finally, The Goldman Sachs Group cut their price objective on shares of Wyndham Hotels & Resorts from $124.00 to $108.00 and set a "buy" rating on the stock in a report on Monday, April 14th. Two equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $107.48.

Insiders Place Their Bets

In related news, CEO Geoffrey A. Ballotti sold 26,650 shares of the business's stock in a transaction on Thursday, May 15th. The stock was sold at an average price of $86.56, for a total value of $2,306,824.00. Following the sale, the chief executive officer now owns 461,376 shares in the company, valued at approximately $39,936,706.56. The trade was a 5.46% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 2.46% of the stock is currently owned by corporate insiders.

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.