Factory Mutual Insurance Co. Has $11.24 Million Holdings in Wyndham Hotels & Resorts (NYSE:WH)

Factory Mutual Insurance Co. trimmed its position in shares of Wyndham Hotels & Resorts (NYSE:WH - Free Report) by 46.5% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 124,200 shares of the company's stock after selling 108,000 shares during the period. Factory Mutual Insurance Co. owned approximately 0.16% of Wyndham Hotels & Resorts worth $11,241,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of WH. Smartleaf Asset Management LLC lifted its holdings in shares of 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 acquiring an additional 108 shares during the period. Principal Securities Inc. raised its position in Wyndham Hotels & Resorts by 1.0% during the fourth quarter. Principal Securities Inc. now owns 10,941 shares of the company's stock valued at $1,103,000 after purchasing an additional 113 shares in the last quarter. Empowered Funds LLC lifted its stake in Wyndham Hotels & Resorts by 2.2% during the fourth quarter. Empowered Funds LLC now owns 7,846 shares of the company's stock worth $791,000 after purchasing an additional 169 shares during the last quarter. Coldstream Capital Management Inc. lifted its stake in Wyndham Hotels & Resorts by 4.0% during the fourth quarter. Coldstream Capital Management Inc. now owns 5,042 shares of the company's stock worth $508,000 after purchasing an additional 195 shares during the last quarter. Finally, NorthCrest Asset Manangement LLC boosted its holdings in shares of Wyndham Hotels & Resorts by 3.4% in the 1st quarter. NorthCrest Asset Manangement LLC now owns 6,578 shares of the company's stock valued at $595,000 after purchasing an additional 218 shares in the last quarter. 93.46% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the company. Barclays lowered their price target on Wyndham Hotels & Resorts from $121.00 to $100.00 and set an "overweight" rating for the company in a report on Tuesday, April 22nd. The Goldman Sachs Group dropped their target price on shares of Wyndham Hotels & Resorts from $124.00 to $108.00 and set a "buy" rating for the company in a report on Monday, April 14th. Susquehanna raised 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 note on Tuesday, February 25th. 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. Finally, Truist Financial dropped their price objective on shares of Wyndham Hotels & Resorts from $122.00 to $119.00 and set a "buy" rating for the company in a research note on Friday, March 21st. Two investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $108.48.

Wyndham Hotels & Resorts Trading Down 0.7%

Shares of WH stock traded down $0.57 during trading hours on Wednesday, hitting $79.77. 1,354,552 shares of the company's stock traded hands, compared to its average volume of 975,006. The stock has a market cap of $6.14 billion, a PE ratio of 18.90, a price-to-earnings-growth ratio of 1.62 and a beta of 0.99. The stock's 50 day simple moving average is $84.06 and its 200 day simple moving average is $94.49. 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 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 data on Wednesday, April 30th. The company reported $0.86 earnings per share for the quarter, beating analysts' consensus estimates 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%. Wyndham Hotels & Resorts's quarterly revenue was up 3.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.78 earnings per share. On average, sell-side analysts anticipate that Wyndham Hotels & Resorts will post 4.79 EPS for the current year.

Wyndham Hotels & Resorts Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be given a dividend of $0.41 per share. The ex-dividend date is Friday, June 13th. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.06%. Wyndham Hotels & Resorts's dividend payout ratio (DPR) is 38.86%.

Insider Buying and Selling

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 sale, the chief executive officer now owns 461,376 shares of the company's stock, valued at approximately $39,936,706.56. This represents a 5.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 2.46% of the stock is owned by insiders.

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.