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

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

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

Insiders Place Their Bets

In other Wyndham Hotels & Resorts news, CEO Geoffrey A. Ballotti sold 26,724 shares of Wyndham Hotels & Resorts stock in a transaction that occurred on Friday, May 16th. The stock was sold at an average price of $85.77, for a total value of $2,292,117.48. Following the sale, the chief executive officer owned 467,394 shares of the company's stock, valued at $40,088,383.38. The trade was a 5.41% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 2.46% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the company. JPMorgan Chase & Co. started coverage on Wyndham Hotels & Resorts in a report on Monday, June 23rd. They issued an "overweight" rating and a $101.00 target price on the stock. Barclays dropped their price objective on shares of Wyndham Hotels & Resorts from $121.00 to $100.00 and set an "overweight" rating on the stock in a report on Tuesday, April 22nd. Redburn Atlantic raised shares of Wyndham Hotels & Resorts from a "neutral" rating to a "buy" rating and set a $115.00 target price for the company in a report on Monday, March 24th. The Goldman Sachs Group dropped their price target on shares of Wyndham Hotels & Resorts from $124.00 to $108.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Finally, Jefferies Financial Group cut 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. Two research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $107.48.

Wyndham Hotels & Resorts Price Performance

NYSE:WH traded up $1.66 on Friday, reaching $91.00. 1,796,545 shares of the company's stock traded hands, compared to its average volume of 885,667. The firm has a market cap of $7.01 billion, a PE ratio of 20.21, a P/E/G ratio of 1.82 and a beta of 0.98. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 4.29. The stock has a 50-day simple moving average of $83.65 and a 200-day simple moving average of $92.31. Wyndham Hotels & Resorts has a 12 month low of $70.08 and a 12 month high of $113.07.

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

Wyndham Hotels & Resorts Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Friday, June 13th were paid a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a yield of 1.80%. The ex-dividend date of this dividend was Friday, June 13th. Wyndham Hotels & Resorts's payout ratio is presently 38.86%.

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.