Quantinno Capital Management LP Boosts Stock Position in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Quantinno Capital Management LP lifted its stake in Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 61.1% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 14,434 shares of the company's stock after buying an additional 5,473 shares during the quarter. Quantinno Capital Management LP's holdings in Wyndham Hotels & Resorts were worth $1,455,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. Man Group plc purchased a new stake in shares of Wyndham Hotels & Resorts during the 4th quarter worth approximately $339,000. Nomura Holdings Inc. purchased a new stake in Wyndham Hotels & Resorts during the fourth quarter valued at $1,040,000. LRT Capital Management LLC lifted its position in Wyndham Hotels & Resorts by 83.0% during the fourth quarter. LRT Capital Management LLC now owns 45,414 shares of the company's stock valued at $4,577,000 after purchasing an additional 20,602 shares during the last quarter. Interval Partners LP purchased a new position in shares of Wyndham Hotels & Resorts in the 4th quarter worth $31,991,000. Finally, J. Goldman & Co LP bought a new stake in shares of Wyndham Hotels & Resorts in the 4th quarter worth about $3,767,000. Hedge funds and other institutional investors own 93.46% of the company's stock.

Insider Activity

In other news, CEO Geoffrey A. Ballotti sold 26,650 shares of the business's stock in a transaction on Thursday, May 15th. The stock was 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 approximately $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 accessible through this link. Company insiders own 2.46% of the company's stock.

Wyndham Hotels & Resorts Trading Down 1.1%

WH stock traded down $0.92 during trading on Wednesday, hitting $86.35. The company had a trading volume of 77,662 shares, compared to its average volume of 850,902. Wyndham Hotels & Resorts, Inc. has a 52-week low of $67.67 and a 52-week high of $113.07. The company has a 50 day simple moving average of $85.65 and a 200-day simple moving average of $96.00. The firm has a market capitalization of $6.65 billion, a P/E ratio of 23.80, a PEG ratio of 1.87 and a beta of 1.08. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 3.72.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last issued its earnings results on Wednesday, April 30th. The company reported $0.86 EPS 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 business had revenue of $316.00 million for the quarter, compared to analyst estimates of $320.10 million. During the same period last year, the company posted $0.78 earnings per share. The company's quarterly revenue was up 3.6% compared to the same quarter last year. As a group, research analysts forecast that Wyndham Hotels & Resorts, Inc. will post 4.79 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 13th will be given a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a yield of 1.90%. The ex-dividend date is Friday, June 13th. Wyndham Hotels & Resorts's dividend payout ratio (DPR) is 38.86%.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on WH shares. Robert W. Baird lowered their price target on shares of Wyndham Hotels & Resorts from $107.00 to $99.00 and set an "outperform" rating for the company in a report on Tuesday, May 6th. Wells Fargo & Company lifted their target price on Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the stock an "overweight" rating in a report on Friday, February 14th. Jefferies Financial Group decreased their price target on Wyndham Hotels & Resorts from $125.00 to $110.00 and set a "buy" rating on the stock in a report on Wednesday, April 9th. Barclays dropped their price objective on shares of Wyndham Hotels & Resorts from $121.00 to $100.00 and set an "overweight" rating for the company in a research note on Tuesday, April 22nd. Finally, The Goldman Sachs Group cut their price objective on shares of Wyndham Hotels & Resorts from $124.00 to $108.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. Two analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $108.48.

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.