USA Financial Formulas Makes New $314,000 Investment in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

USA Financial Formulas bought a new stake in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 3,469 shares of the company's stock, valued at approximately $314,000.

Several other large investors have also recently made changes to their positions in WH. Smartleaf Asset Management LLC increased its position in shares of Wyndham Hotels & Resorts by 46.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 343 shares of the company's stock valued at $35,000 after acquiring an additional 108 shares in the last quarter. Principal Securities Inc. increased its position in shares of Wyndham Hotels & Resorts by 1.0% during the fourth quarter. Principal Securities Inc. now owns 10,941 shares of the company's stock valued at $1,103,000 after acquiring an additional 113 shares in the last quarter. Empowered Funds LLC increased its position in shares of Wyndham Hotels & Resorts by 2.2% during the fourth quarter. Empowered Funds LLC now owns 7,846 shares of the company's stock valued at $791,000 after acquiring an additional 169 shares in the last quarter. Coldstream Capital Management Inc. increased its position in shares of Wyndham Hotels & Resorts by 4.0% during the fourth quarter. Coldstream Capital Management Inc. now owns 5,042 shares of the company's stock valued at $508,000 after acquiring an additional 195 shares in the last quarter. Finally, Cetera Investment Advisers increased its position in shares of Wyndham Hotels & Resorts by 1.8% during the fourth quarter. Cetera Investment Advisers now owns 12,855 shares of the company's stock valued at $1,296,000 after acquiring an additional 233 shares in the last quarter. 93.46% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have commented on WH. Redburn Atlantic raised shares of Wyndham Hotels & Resorts from a "neutral" rating to a "buy" rating and set a $115.00 target price for the company in a research report on Monday, March 24th. Morgan Stanley cut their target price 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. The Goldman Sachs Group cut their target price on shares of Wyndham Hotels & Resorts from $124.00 to $108.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Jefferies Financial Group cut their target price 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. Finally, Susquehanna lifted their target price on shares of Wyndham Hotels & Resorts from $80.00 to $110.00 and gave the stock a "neutral" rating in a research report on Tuesday, February 25th. Two equities 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 company has a consensus rating of "Moderate Buy" and an average target price of $108.48.

Insider Activity at Wyndham Hotels & Resorts

In related 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 transaction of $2,306,824.00. Following the transaction, the chief executive officer now owns 461,376 shares in the company, valued at approximately $39,936,706.56. The trade was a 5.46% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 2.46% of the stock is owned by corporate insiders.

Wyndham Hotels & Resorts Stock Performance

Shares of WH stock traded down $2.73 during mid-day trading on Friday, reaching $79.07. 776,089 shares of the company's stock traded hands, compared to its average volume of 861,036. Wyndham Hotels & Resorts, Inc. has a 12 month low of $70.08 and a 12 month high of $113.07. The firm has a 50 day moving average price of $84.17 and a two-hundred day moving average price of $94.71. The company has a debt-to-equity ratio of 3.72, a quick ratio of 1.00 and a current ratio of 1.00. The firm has a market capitalization of $6.09 billion, a PE ratio of 21.78, a price-to-earnings-growth ratio of 1.87 and a beta of 0.99.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The company reported $0.86 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $316.00 million during the quarter, compared to the consensus estimate of $320.10 million. During the same quarter in the previous year, the firm posted $0.78 EPS. The company's revenue for the quarter was up 3.6% compared to the same quarter last year. On average, research 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 announced 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. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.07%. The ex-dividend date is Friday, June 13th. Wyndham Hotels & Resorts's dividend payout ratio (DPR) is 38.86%.

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.