Wyndham Hotels & Resorts, Inc. (NYSE:WH) Shares Sold by ProShare Advisors LLC

ProShare Advisors LLC lowered its holdings in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 47.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,639 shares of the company's stock after selling 3,247 shares during the period. ProShare Advisors LLC's holdings in Wyndham Hotels & Resorts were worth $367,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Mutual of America Capital Management LLC lifted its position in Wyndham Hotels & Resorts by 17.3% during the fourth quarter. Mutual of America Capital Management LLC now owns 173,952 shares of the company's stock valued at $17,533,000 after purchasing an additional 25,702 shares during the period. CIBC Asset Management Inc bought a new position in shares of Wyndham Hotels & Resorts during the 4th quarter valued at $248,000. Bessemer Group Inc. lifted its holdings in shares of Wyndham Hotels & Resorts by 24,953.8% during the 4th quarter. Bessemer Group Inc. now owns 1,333,615 shares of the company's stock valued at $134,414,000 after buying an additional 1,328,292 shares during the period. Proficio Capital Partners LLC purchased a new position in shares of Wyndham Hotels & Resorts in the 4th quarter worth $28,000. Finally, Bank of New York Mellon Corp grew its holdings in shares of Wyndham Hotels & Resorts by 1.0% in the fourth quarter. Bank of New York Mellon Corp now owns 851,974 shares of the company's stock worth $85,870,000 after acquiring an additional 8,129 shares during the period. Hedge funds and other institutional investors own 93.46% of the company's stock.

Insider Buying and Selling

In other news, CEO Geoffrey A. Ballotti sold 26,650 shares of the firm's 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 sale, the chief executive officer now directly owns 461,376 shares in the company, valued at approximately $39,936,706.56. This trade represents a 5.46% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 2.46% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on WH shares. Barclays dropped their price target on shares of Wyndham Hotels & Resorts from $121.00 to $100.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 22nd. Stifel Nicolaus cut their price objective on shares of Wyndham Hotels & Resorts from $121.00 to $102.75 and set a "buy" rating for the company in a report on Thursday, May 1st. Morgan Stanley decreased their target price on Wyndham Hotels & Resorts from $102.00 to $94.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 22nd. Wells Fargo & Company upped their target price 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. Finally, Truist Financial dropped their price objective on shares of Wyndham Hotels & Resorts from $122.00 to $119.00 and set a "buy" rating for the company in a research note on Friday, March 21st. Two investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $108.48.

Wyndham Hotels & Resorts Trading Down 1.3%

Shares of WH traded down $1.10 during trading on Friday, reaching $82.73. 1,311,741 shares of the company traded hands, compared to its average volume of 859,510. The stock has a 50-day simple moving average of $85.17 and a 200-day simple moving average of $95.72. 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, Inc. has a twelve month low of $68.56 and a twelve month high of $113.07. The stock has a market cap of $6.37 billion, a PE ratio of 22.79, 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 results on Wednesday, April 30th. The company reported $0.86 EPS for the quarter, topping the consensus estimate of $0.82 by $0.04. Wyndham Hotels & Resorts had a return on equity of 54.86% and a net margin of 20.51%. The business had revenue of $316.00 million during the quarter, compared to analyst estimates of $320.10 million. During the same period last year, the business posted $0.78 earnings per share. The company's quarterly revenue was up 3.6% on a year-over-year basis. On average, analysts anticipate 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 announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be issued a $0.41 dividend. 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 1.98%. Wyndham Hotels & Resorts's dividend payout ratio (DPR) is presently 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.