Brown Advisory Inc. Purchases 8,631 Shares of Wyndham Hotels & Resorts (NYSE:WH)

Brown Advisory Inc. grew its holdings in Wyndham Hotels & Resorts (NYSE:WH - Free Report) by 4.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 185,719 shares of the company's stock after purchasing an additional 8,631 shares during the quarter. Brown Advisory Inc. owned approximately 0.24% of Wyndham Hotels & Resorts worth $16,809,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of WH. Envestnet Asset Management Inc. boosted its stake in Wyndham Hotels & Resorts by 16.5% during the 1st quarter. Envestnet Asset Management Inc. now owns 152,141 shares of the company's stock worth $13,770,000 after acquiring an additional 21,560 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in Wyndham Hotels & Resorts by 3.1% in the first quarter. Bank of New York Mellon Corp now owns 878,295 shares of the company's stock valued at $79,494,000 after buying an additional 26,321 shares in the last quarter. OneDigital Investment Advisors LLC lifted its stake in Wyndham Hotels & Resorts by 20.8% in the first quarter. OneDigital Investment Advisors LLC now owns 7,368 shares of the company's stock valued at $667,000 after buying an additional 1,271 shares in the last quarter. Principal Financial Group Inc. lifted its stake in Wyndham Hotels & Resorts by 0.4% in the first quarter. Principal Financial Group Inc. now owns 179,134 shares of the company's stock valued at $16,213,000 after buying an additional 702 shares in the last quarter. Finally, First Horizon Advisors Inc. lifted its stake in Wyndham Hotels & Resorts by 36.1% in the first quarter. First Horizon Advisors Inc. now owns 626 shares of the company's stock valued at $57,000 after buying an additional 166 shares in the last quarter. Institutional investors own 93.46% of the company's stock.

Insider Activity at Wyndham Hotels & Resorts

In related news, CEO Geoffrey A. Ballotti sold 26,724 shares of the company's stock in a transaction dated Friday, May 16th. The shares were sold at an average price of $85.77, for a total value of $2,292,117.48. Following the transaction, the chief executive officer directly owned 467,394 shares in the company, valued at approximately $40,088,383.38. This represents a 5.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 2.46% of the company's stock.

Wyndham Hotels & Resorts Stock Performance

Shares of NYSE:WH traded down $0.47 on Monday, hitting $90.53. The company had a trading volume of 1,673,624 shares, compared to its average volume of 889,901. Wyndham Hotels & Resorts has a 1-year low of $70.08 and a 1-year high of $113.07. The stock has a market cap of $6.97 billion, a price-to-earnings ratio of 21.45, a P/E/G ratio of 1.85 and a beta of 0.98. The stock has a 50 day moving average price of $83.72 and a 200 day moving average price of $92.10. 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 released its quarterly earnings results on Wednesday, April 30th. The company reported $0.86 EPS 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 business 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 company posted $0.78 earnings per share. Wyndham Hotels & Resorts's revenue was up 3.6% compared to the same quarter last year. Analysts expect that Wyndham Hotels & Resorts will post 4.79 EPS for the current year.

Wyndham Hotels & Resorts Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Friday, June 13th were paid a $0.41 dividend. The ex-dividend date was Friday, June 13th. This represents a $1.64 annualized dividend and a dividend yield of 1.81%. Wyndham Hotels & Resorts's dividend payout ratio (DPR) is presently 38.86%.

Analysts Set New Price Targets

WH has been the topic of a number of research reports. 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 research note on Tuesday, April 22nd. Truist Financial lowered their target price 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. Stifel Nicolaus lowered their target price on shares of Wyndham Hotels & Resorts from $121.00 to $102.75 and set a "buy" rating on the stock in a report on Thursday, May 1st. JPMorgan Chase & Co. began coverage on shares of Wyndham Hotels & Resorts in a report on Monday, June 23rd. They set an "overweight" rating and a $101.00 target price on the stock. Finally, Robert W. Baird lowered their target price on shares of Wyndham Hotels & Resorts from $107.00 to $99.00 and set an "outperform" rating on the stock in a report on Tuesday, May 6th. Two research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $107.48.

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.