Vanguard Group Inc. Sells 91,195 Shares of Wyndham Hotels & Resorts (NYSE:WH)

Vanguard Group Inc. decreased its holdings in Wyndham Hotels & Resorts (NYSE:WH - Free Report) by 1.2% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,606,139 shares of the company's stock after selling 91,195 shares during the quarter. Vanguard Group Inc. owned about 9.88% of Wyndham Hotels & Resorts worth $688,432,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in WH. Quarry LP bought a new position in Wyndham Hotels & Resorts in the fourth quarter worth $41,000. FIL Ltd raised its holdings in Wyndham Hotels & Resorts by 226.6% in the fourth quarter. FIL Ltd now owns 454 shares of the company's stock worth $46,000 after purchasing an additional 315 shares in the last quarter. Versant Capital Management Inc raised its holdings in Wyndham Hotels & Resorts by 139.2% in the first quarter. Versant Capital Management Inc now owns 531 shares of the company's stock worth $48,000 after purchasing an additional 309 shares in the last quarter. First Horizon Advisors Inc. raised its holdings in Wyndham Hotels & Resorts by 36.1% in the first quarter. First Horizon Advisors Inc. now owns 626 shares of the company's stock worth $57,000 after purchasing an additional 166 shares in the last quarter. Finally, State of Wyoming bought a new position in shares of Wyndham Hotels & Resorts during the fourth quarter valued at $69,000. Hedge funds and other institutional investors own 93.46% of the company's stock.

Insider Buying and Selling at Wyndham Hotels & Resorts

In other news, CEO Geoffrey A. Ballotti sold 26,724 shares of Wyndham Hotels & Resorts stock in a transaction dated Friday, May 16th. The stock was sold at an average price of $85.77, for a total transaction of $2,292,117.48. Following the transaction, the chief executive officer directly owned 467,394 shares of the company's stock, valued at $40,088,383.38. The trade was a 5.41% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 2.46% of the stock is currently owned by insiders.

Wyndham Hotels & Resorts Stock Performance

NYSE:WH traded down $2.28 on Thursday, hitting $88.82. The stock had a trading volume of 765,730 shares, compared to its average volume of 1,210,766. The stock has a market cap of $6.78 billion, a price-to-earnings ratio of 20.75, a price-to-earnings-growth ratio of 1.60 and a beta of 0.99. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 4.44. The business's 50-day simple moving average is $84.78 and its two-hundred day simple moving average is $89.79. Wyndham Hotels & Resorts has a 52-week low of $74.37 and a 52-week high of $113.07.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last announced its earnings results on Wednesday, July 23rd. The company reported $1.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.16 by $0.17. The business had revenue of $397.00 million for the quarter, compared to analysts' expectations of $384.69 million. Wyndham Hotels & Resorts had a return on equity of 60.79% and a net margin of 23.10%. The business's revenue for the quarter was up 8.2% on a year-over-year basis. During the same period last year, the firm posted $1.13 earnings per share. As a group, research analysts predict that Wyndham Hotels & Resorts will post 4.79 earnings per share for the current year.

Wyndham Hotels & Resorts Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be given a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.8%. Wyndham Hotels & Resorts's payout ratio is currently 38.32%.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. Barclays raised their price target on Wyndham Hotels & Resorts from $100.00 to $101.00 and gave the company an "overweight" rating in a report on Friday, July 25th. Truist Financial raised their price target on Wyndham Hotels & Resorts from $100.00 to $101.00 and gave the company a "buy" rating in a report on Friday, July 25th. JPMorgan Chase & Co. assumed coverage on Wyndham Hotels & Resorts in a report on Monday, June 23rd. They set an "overweight" rating and a $101.00 price target for the company. Robert W. Baird raised their price target on Wyndham Hotels & Resorts from $98.00 to $99.00 and gave the company an "outperform" rating in a report on Friday, July 25th. Finally, 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 report on Thursday, May 1st. Two research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $106.98.

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.