Janus Henderson Group PLC Lowers Holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

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

Several other hedge funds also recently bought and sold shares of the stock. Smartleaf Asset Management LLC boosted its stake in 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 buying an additional 108 shares during the period. Principal Securities Inc. boosted its stake in shares of Wyndham Hotels & Resorts by 1.0% in 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 during the period. Equitable Trust Co. boosted its stake in shares of Wyndham Hotels & Resorts by 1.5% in the fourth quarter. Equitable Trust Co. now owns 9,295 shares of the company's stock valued at $937,000 after purchasing an additional 135 shares during the period. UMB Bank n.a. boosted its stake in shares of Wyndham Hotels & Resorts by 72.7% in the fourth quarter. UMB Bank n.a. now owns 399 shares of the company's stock valued at $40,000 after purchasing an additional 168 shares during the period. Finally, Empowered Funds LLC boosted its stake in shares of Wyndham Hotels & Resorts by 2.2% in the fourth quarter. Empowered Funds LLC now owns 7,846 shares of the company's stock valued at $791,000 after purchasing an additional 169 shares during the period. Hedge funds and other institutional investors own 93.46% of the company's stock.

Wyndham Hotels & Resorts Stock Down 0.7%

WH stock traded down $0.61 during midday trading on Friday, reaching $84.47. 511,772 shares of the company were exchanged, compared to its average volume of 851,640. 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, Inc. has a 1-year low of $67.67 and a 1-year high of $113.07. The stock's 50-day simple moving average is $85.86 and its 200 day simple moving average is $96.14. The company has a market cap of $6.50 billion, a price-to-earnings ratio of 23.27, a price-to-earnings-growth ratio of 1.87 and a beta of 1.08.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The company reported $0.86 earnings per share for the quarter, topping analysts' consensus estimates 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 company had revenue of $316.00 million for the quarter, compared to analysts' expectations of $320.10 million. During the same quarter last year, the company earned $0.78 earnings per share. The firm's revenue for the quarter was up 3.6% on a year-over-year basis. On average, equities analysts forecast that Wyndham Hotels & Resorts, Inc. will post 4.79 earnings per share for the current year.

Wyndham Hotels & Resorts Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 13th will be issued a dividend of $0.41 per share. The ex-dividend date of this dividend is Friday, June 13th. This represents a $1.64 dividend on an annualized basis and a yield of 1.94%. Wyndham Hotels & Resorts's payout ratio is currently 38.86%.

Analysts Set New Price Targets

Several research firms have recently commented on WH. Robert W. Baird lowered their price objective on shares of Wyndham Hotels & Resorts from $107.00 to $99.00 and set an "outperform" rating for the company in a research note on Tuesday, May 6th. 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 note on Monday, March 24th. Morgan Stanley reduced their target price on shares of Wyndham Hotels & Resorts from $102.00 to $94.00 and set an "overweight" rating on the stock in a report on Tuesday, April 22nd. Wells Fargo & Company raised their target price on shares of Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the company an "overweight" rating in a report on Friday, February 14th. Finally, Truist Financial reduced their target price on shares of Wyndham Hotels & Resorts from $122.00 to $119.00 and set a "buy" rating on the stock in a report on Friday, March 21st. Two investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat.com, Wyndham Hotels & Resorts has an average rating of "Moderate Buy" and a consensus price target of $108.48.

Insiders Place Their Bets

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 transaction, the chief executive officer now directly owns 467,394 shares in the company, valued at approximately $40,088,383.38. This trade represents a 5.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 2.46% of the stock is owned by corporate 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.