Janus Henderson Group PLC Sells 590,643 Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Janus Henderson Group PLC trimmed its position in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 94.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 37,878 shares of the company's stock after selling 590,643 shares during the period. Janus Henderson Group PLC's holdings in Wyndham Hotels & Resorts were worth $3,820,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the company. Boston Partners grew its holdings in Wyndham Hotels & Resorts by 5.3% during the 4th quarter. Boston Partners now owns 3,853,527 shares of the company's stock valued at $388,462,000 after purchasing an additional 192,221 shares during the last quarter. Thrivent Financial for Lutherans grew its holdings in Wyndham Hotels & Resorts by 3.6% during the 4th quarter. Thrivent Financial for Lutherans now owns 1,810,301 shares of the company's stock valued at $182,460,000 after purchasing an additional 63,006 shares during the last quarter. T. Rowe Price Investment Management Inc. boosted its position in Wyndham Hotels & Resorts by 6.1% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 1,419,168 shares of the company's stock valued at $143,038,000 after buying an additional 81,730 shares during the period. Bessemer Group Inc. boosted its position in Wyndham Hotels & Resorts by 24,953.8% in the 4th quarter. Bessemer Group Inc. now owns 1,333,615 shares of the company's stock valued at $134,414,000 after buying an additional 1,328,292 shares during the period. Finally, Dimensional Fund Advisors LP boosted its position in Wyndham Hotels & Resorts by 2.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,309,177 shares of the company's stock valued at $131,952,000 after buying an additional 29,220 shares during the period. 93.46% of the stock is currently owned by institutional investors.

Wyndham Hotels & Resorts Price Performance

Shares of WH opened at $88.18 on Tuesday. The company has a 50 day moving average price of $86.20 and a 200-day moving average price of $96.33. Wyndham Hotels & Resorts, Inc. has a fifty-two week low of $67.67 and a fifty-two week high of $113.07. The stock has a market capitalization of $6.79 billion, a PE ratio of 24.29, a PEG ratio of 1.87 and a beta of 1.08. The company has a debt-to-equity ratio of 3.72, a quick ratio of 1.00 and a current ratio of 1.00.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last announced 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. Wyndham Hotels & Resorts had a net margin of 20.51% and a return on equity of 54.86%. The firm had revenue of $316.00 million during the quarter, compared to analysts' expectations of $320.10 million. During the same quarter in the prior year, the company earned $0.78 EPS. The company's revenue was up 3.6% compared to the same quarter last year. Equities analysts predict that Wyndham Hotels & Resorts, Inc. 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 will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be paid a dividend of $0.41 per share. The ex-dividend date of this dividend is Friday, June 13th. This represents a $1.64 annualized dividend and a dividend yield of 1.86%. Wyndham Hotels & Resorts's dividend payout ratio (DPR) is presently 38.86%.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. Morgan Stanley lowered their price objective on shares of Wyndham Hotels & Resorts from $102.00 to $94.00 and set an "overweight" rating for the company in a research report on Tuesday, April 22nd. Wells Fargo & Company boosted their price objective on shares of Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the company an "overweight" rating in a research report on Friday, February 14th. 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. Truist Financial lowered 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 report on Friday, March 21st. Finally, Redburn Atlantic raised shares of Wyndham Hotels & Resorts from a "neutral" rating to a "buy" rating and set a $115.00 price objective for the company in a research report on Monday, March 24th. Two research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $108.48.

Insider Buying and Selling

In related news, CEO Geoffrey A. Ballotti sold 26,650 shares of the business's stock in a transaction that occurred 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 completion of the transaction, the chief executive officer now owns 461,376 shares in the company, valued at $39,936,706.56. The trade was a 5.46% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 2.46% of the stock is currently owned by company insiders.

Wyndham Hotels & Resorts Profile

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.

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