Copeland Capital Management LLC Sells 12,583 Shares of Wyndham Hotels & Resorts (NYSE:WH)

Copeland Capital Management LLC decreased its position in Wyndham Hotels & Resorts (NYSE:WH - Free Report) by 3.0% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 406,911 shares of the company's stock after selling 12,583 shares during the quarter. Copeland Capital Management LLC owned 0.53% of Wyndham Hotels & Resorts worth $36,830,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC grew its position in shares of Wyndham Hotels & Resorts by 46.0% during the fourth 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. Coldstream Capital Management Inc. raised its holdings in shares of Wyndham Hotels & Resorts by 4.0% during the fourth quarter. Coldstream Capital Management Inc. now owns 5,042 shares of the company's stock valued at $508,000 after buying an additional 195 shares during the last quarter. NorthCrest Asset Manangement LLC boosted its position in shares of Wyndham Hotels & Resorts by 3.4% during the first quarter. NorthCrest Asset Manangement LLC now owns 6,578 shares of the company's stock worth $595,000 after buying an additional 218 shares during the period. Cetera Investment Advisers grew its holdings in Wyndham Hotels & Resorts by 1.8% in the 4th quarter. Cetera Investment Advisers now owns 12,855 shares of the company's stock worth $1,296,000 after buying an additional 233 shares in the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in Wyndham Hotels & Resorts by 508.7% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 280 shares of the company's stock worth $28,000 after buying an additional 234 shares in the last quarter. Institutional investors and hedge funds own 93.46% of the company's stock.

Wyndham Hotels & Resorts Stock Performance

Wyndham Hotels & Resorts stock traded up $1.84 on Tuesday, hitting $83.05. The company's stock had a trading volume of 1,345,776 shares, compared to its average volume of 863,590. The firm has a market cap of $6.39 billion, a P/E ratio of 19.68, a price-to-earnings-growth ratio of 1.66 and a beta of 1.00. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 4.29. Wyndham Hotels & Resorts has a one year low of $70.08 and a one year high of $113.07. The company has a fifty day moving average price of $83.57 and a 200-day moving average price of $93.10.

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

Wyndham Hotels & Resorts Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Friday, June 13th were issued a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 1.97%. The ex-dividend date of this dividend was Friday, June 13th. Wyndham Hotels & Resorts's dividend payout ratio is currently 38.86%.

Insider Buying and Selling

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

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on WH. Barclays lowered their target price on Wyndham Hotels & Resorts from $121.00 to $100.00 and set an "overweight" rating on the stock in a report on Tuesday, April 22nd. Robert W. Baird lowered their price target on Wyndham Hotels & Resorts from $107.00 to $99.00 and set an "outperform" rating on the stock in a report on Tuesday, May 6th. Jefferies Financial Group lowered their target price on Wyndham Hotels & Resorts from $125.00 to $110.00 and set a "buy" rating on the stock in a research note on Wednesday, April 9th. Morgan Stanley cut their price target on Wyndham Hotels & Resorts from $102.00 to $94.00 and set an "overweight" rating for the company in a research note on Tuesday, April 22nd. Finally, JPMorgan Chase & Co. started coverage on Wyndham Hotels & Resorts in a report on Monday, June 23rd. They set an "overweight" rating and a $101.00 price target for the company. Two investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target 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.