North Star Asset Management Inc. Reduces Holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

North Star Asset Management Inc. trimmed its stake in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 1.4% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 244,571 shares of the company's stock after selling 3,412 shares during the period. North Star Asset Management Inc. owned approximately 0.31% of Wyndham Hotels & Resorts worth $24,650,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the stock. Boston Partners raised its stake 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 buying an additional 192,221 shares during the last quarter. Burgundy Asset Management Ltd. increased its position in Wyndham Hotels & Resorts by 1.7% during the fourth quarter. Burgundy Asset Management Ltd. now owns 2,301,289 shares of the company's stock valued at $231,947,000 after acquiring an additional 37,832 shares during the last quarter. Thrivent Financial for Lutherans increased its position in Wyndham Hotels & Resorts by 3.6% during the fourth quarter. Thrivent Financial for Lutherans now owns 1,810,301 shares of the company's stock valued at $182,460,000 after acquiring an additional 63,006 shares during the last quarter. T. Rowe Price Investment Management Inc. increased its position in Wyndham Hotels & Resorts by 6.1% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 1,419,168 shares of the company's stock valued at $143,038,000 after acquiring an additional 81,730 shares during the last quarter. Finally, Bessemer Group Inc. increased its position in Wyndham Hotels & Resorts by 24,953.8% during the fourth quarter. Bessemer Group Inc. now owns 1,333,615 shares of the company's stock valued at $134,414,000 after acquiring an additional 1,328,292 shares during the last quarter. 93.46% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the stock. Wells Fargo & Company upped their price target 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. Redburn Atlantic upgraded 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 price objective 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. Stifel Nicolaus reduced their price target on Wyndham Hotels & Resorts from $121.00 to $102.75 and set a "buy" rating for the company in a research report on Thursday, May 1st. Finally, Barclays reduced their price target on Wyndham Hotels & Resorts from $121.00 to $100.00 and set an "overweight" rating for the company in a research report on Tuesday, April 22nd. Two equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $108.48.

Wyndham Hotels & Resorts Price Performance

WH traded down $1.50 during trading on Thursday, reaching $84.00. 256,957 shares of the company traded hands, compared to its average volume of 852,602. 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 12-month low of $67.67 and a 12-month high of $113.07. The firm has a fifty day simple moving average of $85.54 and a 200 day simple moving average of $95.93. The company has a market cap of $6.47 billion, a P/E ratio of 23.19, a PEG ratio of 1.87 and a beta of 1.08.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last posted its earnings results on Wednesday, April 30th. The company reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.82 by $0.04. The company had revenue of $316.00 million during the quarter, compared to analysts' expectations of $320.10 million. Wyndham Hotels & Resorts had a net margin of 20.51% and a return on equity of 54.86%. Wyndham Hotels & Resorts's quarterly revenue was up 3.6% on a year-over-year basis. During the same period last year, the company posted $0.78 earnings per share. On average, equities analysts forecast that Wyndham Hotels & Resorts, Inc. will post 4.79 EPS for the current year.

Wyndham Hotels & Resorts Dividend Announcement

The company 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 1.95%. Wyndham Hotels & Resorts's payout ratio is 38.86%.

Insider Activity

In other Wyndham Hotels & Resorts news, CEO Geoffrey A. Ballotti sold 26,650 shares of Wyndham Hotels & Resorts stock in a transaction on Thursday, May 15th. The shares were sold at an average price of $86.56, for a total value of $2,306,824.00. Following the completion of the transaction, the chief executive officer now directly owns 461,376 shares of the company's stock, valued at $39,936,706.56. This trade represents a 5.46% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Company 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.