Fiera Capital Corp Invests $22.07 Million in Wyndham Hotels & Resorts (NYSE:WH)

Key Points

• Fiera Capital Corp invested approximately $22.07 million in Wyndham Hotels & Resorts, acquiring 243,872 shares of the company, representing about 0.31% of its stock as of their latest SEC filing.
• Several institutional investors, including American Century Companies Inc. and Mitsubishi UFJ Asset Management Co. Ltd., have recently increased their stakes in Wyndham Hotels & Resorts, with 93.46% of the stock now owned by institutional investors.
• Wyndham Hotels & Resorts reported an earnings beat with $1.33 EPS for the quarter, exceeding analysts' expectations of $1.16, and showed an annual revenue increase of 8.2% compared to the previous year.

Fiera Capital Corp acquired a new stake in shares of Wyndham Hotels & Resorts (NYSE:WH - Free Report) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 243,872 shares of the company's stock, valued at approximately $22,073,000. Fiera Capital Corp owned approximately 0.31% of Wyndham Hotels & Resorts as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Bank Pictet & Cie Europe AG purchased a new position in shares of Wyndham Hotels & Resorts during the fourth quarter worth $201,000. American Century Companies Inc. raised its holdings in shares of Wyndham Hotels & Resorts by 3.3% during the fourth quarter. American Century Companies Inc. now owns 16,541 shares of the company's stock worth $1,667,000 after purchasing an additional 523 shares during the last quarter. Sei Investments Co. lifted its holdings in shares of Wyndham Hotels & Resorts by 13.3% in the 4th quarter. Sei Investments Co. now owns 47,845 shares of the company's stock valued at $4,823,000 after buying an additional 5,618 shares during the period. LPL Financial LLC boosted its stake in shares of Wyndham Hotels & Resorts by 1.4% in the fourth quarter. LPL Financial LLC now owns 18,622 shares of the company's stock worth $1,877,000 after buying an additional 256 shares during the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in shares of Wyndham Hotels & Resorts by 508.7% in the fourth 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 during the last quarter. 93.46% of the stock is currently owned by institutional investors and hedge funds.

Wyndham Hotels & Resorts Trading Down 2.8%

NYSE:WH traded down $2.52 on Thursday, hitting $85.86. The stock had a trading volume of 1,475,982 shares, compared to its average volume of 1,366,204. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 4.44. The stock has a market cap of $6.56 billion, a price-to-earnings ratio of 19.13, a PEG ratio of 1.55 and a beta of 0.98. The company has a fifty day moving average price of $84.36 and a two-hundred day moving average price of $91.13. Wyndham Hotels & Resorts has a 1-year low of $72.14 and a 1-year high of $113.07.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last issued its quarterly earnings data on Wednesday, July 23rd. The company reported $1.33 EPS for the quarter, topping the consensus estimate of $1.16 by $0.17. Wyndham Hotels & Resorts had a net margin of 23.10% and a return on equity of 60.79%. The firm had revenue of $397.00 million for the quarter, compared to analyst estimates of $384.69 million. During the same period in the prior year, the business posted $1.13 EPS. The business's revenue for the quarter was up 8.2% compared to the same quarter last year. Equities research analysts expect that Wyndham Hotels & Resorts will post 4.79 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Friday, June 13th were given a $0.41 dividend. The ex-dividend date of this dividend was Friday, June 13th. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.9%. Wyndham Hotels & Resorts's dividend payout ratio is currently 38.32%.

Analyst Ratings Changes

A number of equities research analysts have recently commented on WH shares. Robert W. Baird raised their price objective on shares of Wyndham Hotels & Resorts from $98.00 to $99.00 and gave the stock an "outperform" rating in a research note on Friday, July 25th. Stifel Nicolaus cut their price objective on shares of Wyndham Hotels & Resorts from $121.00 to $102.75 and set a "buy" rating for the company in a report on Thursday, May 1st. Barclays lifted their price objective on shares of Wyndham Hotels & Resorts from $100.00 to $101.00 and gave the company an "overweight" rating in a report on Friday, July 25th. Morgan Stanley reaffirmed an "overweight" rating and issued a $105.00 price objective on shares of Wyndham Hotels & Resorts in a report on Tuesday, July 15th. Finally, Truist Financial boosted their target price on shares of Wyndham Hotels & Resorts from $100.00 to $101.00 and gave the stock a "buy" rating in a research note on Friday, July 25th. Two equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to data from MarketBeat, Wyndham Hotels & Resorts has a consensus rating of "Moderate Buy" and a consensus target price of $106.98.

Insider Activity at Wyndham Hotels & Resorts

In other Wyndham Hotels & Resorts news, CEO Geoffrey A. Ballotti sold 26,724 shares of the stock in a transaction that occurred on 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 sale, the chief executive officer directly owned 467,394 shares of the company's stock, valued at approximately $40,088,383.38. This represents a 5.41% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Corporate insiders own 2.46% of the company's stock.

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.