Wyndham Hotels & Resorts, Inc. (NYSE:WH) Shares Acquired by NBC Securities Inc.

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

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. GAMMA Investing LLC grew its position in shares of Wyndham Hotels & Resorts by 10,938.4% during the first quarter. GAMMA Investing LLC now owns 125,175 shares of the company's stock worth $11,330,000 after buying an additional 124,041 shares in the last quarter. Versant Capital Management Inc boosted 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 valued at $48,000 after purchasing an additional 309 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in Wyndham Hotels & Resorts by 4.8% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 6,326 shares of the company's stock valued at $638,000 after purchasing an additional 288 shares in the last quarter. Forum Financial Management LP acquired a new position in Wyndham Hotels & Resorts in the fourth quarter valued at approximately $232,000. Finally, Public Employees Retirement System of Ohio boosted its holdings in Wyndham Hotels & Resorts by 71.4% in the fourth quarter. Public Employees Retirement System of Ohio now owns 49,616 shares of the company's stock valued at $5,001,000 after purchasing an additional 20,670 shares in the last quarter. 93.46% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

WH has been the subject of a number of research analyst reports. Wells Fargo & Company upped their price target on Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the company an "overweight" rating in a report on Friday, February 14th. Susquehanna upped their price target on Wyndham Hotels & Resorts from $80.00 to $110.00 and gave the company a "neutral" rating in a report on Tuesday, February 25th. 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 report on Thursday, May 1st. Morgan Stanley lowered their price target on Wyndham Hotels & Resorts from $102.00 to $94.00 and set an "overweight" rating for the company in a report on Tuesday, April 22nd. Finally, Truist Financial lowered their price target on Wyndham Hotels & Resorts from $122.00 to $119.00 and set a "buy" rating for the company in a report on Friday, March 21st. Two analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to MarketBeat.com, Wyndham Hotels & Resorts currently has a consensus rating of "Moderate Buy" and a consensus price target of $108.48.

Wyndham Hotels & Resorts Price Performance

WH stock opened at $83.56 on Friday. The company has a market capitalization of $6.43 billion, a P/E ratio of 23.02, a PEG ratio of 1.87 and a beta of 1.00. Wyndham Hotels & Resorts, Inc. has a twelve month low of $69.92 and a twelve month high of $113.07. The business has a 50 day simple moving average of $84.34 and a 200-day simple moving average of $95.26. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 3.72.

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

Wyndham Hotels & Resorts Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be issued a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a dividend yield of 1.96%. The ex-dividend date is Friday, June 13th. Wyndham Hotels & Resorts's dividend payout ratio is presently 38.86%.

Insider Buying and Selling

In related news, CEO Geoffrey A. Ballotti sold 26,650 shares of the stock in a transaction 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 sale, the chief executive officer now directly owns 461,376 shares of the company's stock, valued at $39,936,706.56. This trade represents a 5.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 2.46% of the company's stock.

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.

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