NBC Securities Inc. Buys 4,018 Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH)

NBC Securities Inc. lifted its stake in Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 133,933.3% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,021 shares of the company's stock after purchasing an additional 4,018 shares during the quarter. NBC Securities Inc.'s holdings in Wyndham Hotels & Resorts were worth $363,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also made changes to their positions in the company. Proficio Capital Partners LLC acquired a new position in Wyndham Hotels & Resorts in the 4th quarter valued at approximately $28,000. Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in shares of Wyndham Hotels & Resorts by 508.7% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 280 shares of the company's stock valued at $28,000 after acquiring an additional 234 shares in the last quarter. Smartleaf Asset Management LLC grew its holdings in shares of Wyndham Hotels & Resorts by 46.0% during the 4th 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. Quarry LP acquired a new position in shares of Wyndham Hotels & Resorts in the fourth quarter worth $41,000. Finally, FIL Ltd increased its stake in shares of 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 acquiring an additional 315 shares during the last quarter. 93.46% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

WH has been the subject of a number of research reports. Robert W. Baird reduced their price objective on Wyndham Hotels & Resorts from $107.00 to $99.00 and set an "outperform" rating for the company in a research report on Tuesday, May 6th. Jefferies Financial Group reduced their price target on Wyndham Hotels & Resorts from $125.00 to $110.00 and set a "buy" rating for the company in a report on Wednesday, April 9th. Stifel Nicolaus lowered their price target on Wyndham Hotels & Resorts from $121.00 to $102.75 and set a "buy" rating for the company in a research note on Thursday, May 1st. The Goldman Sachs Group dropped their price objective on Wyndham Hotels & Resorts from $124.00 to $108.00 and set a "buy" rating on the stock in a report on Monday, April 14th. Finally, Truist Financial cut their price objective on shares of Wyndham Hotels & Resorts from $122.00 to $119.00 and set a "buy" rating on the stock in a research report on Friday, March 21st. Two research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company's stock. According to MarketBeat, Wyndham Hotels & Resorts currently has a consensus rating of "Moderate Buy" and a consensus price target of $108.48.

Insider Activity

In other news, CEO Geoffrey A. Ballotti sold 26,650 shares of the company's stock in a transaction that occurred on Thursday, May 15th. The stock was sold at an average price of $86.56, for a total transaction of $2,306,824.00. Following the completion of the transaction, the chief executive officer now directly owns 461,376 shares in the company, valued at $39,936,706.56. The trade was a 5.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.46% of the stock is currently owned by company insiders.

Wyndham Hotels & Resorts Stock Performance

Wyndham Hotels & Resorts stock traded up $1.32 during trading hours on Tuesday, reaching $83.74. 870,232 shares of the company were exchanged, compared to its average volume of 862,496. Wyndham Hotels & Resorts, Inc. has a 12 month low of $70.08 and a 12 month high of $113.07. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 3.72. The stock has a 50-day moving average of $84.09 and a 200 day moving average of $95.08. The firm has a market cap of $6.45 billion, a price-to-earnings ratio of 23.07, a PEG ratio of 1.87 and a beta of 0.99.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The company reported $0.86 earnings per share (EPS) for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $320.10 million. During the same period in the prior year, the firm earned $0.78 EPS. Wyndham Hotels & Resorts's quarterly revenue was up 3.6% compared to the same quarter last year. As a group, research analysts anticipate that Wyndham Hotels & Resorts, Inc. will post 4.79 earnings per share for the current year.

Wyndham Hotels & Resorts Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 13th will be issued a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a yield of 1.96%. The ex-dividend date of this dividend 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.