UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Cuts Stock Holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC decreased its holdings in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 4.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 230,304 shares of the company's stock after selling 9,805 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.30% of Wyndham Hotels & Resorts worth $23,212,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in WH. Bessemer Group Inc. raised its position in 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 worth $134,414,000 after buying an additional 1,328,292 shares during the last quarter. Norges Bank purchased a new position in Wyndham Hotels & Resorts during the 4th quarter worth $104,774,000. JPMorgan Chase & Co. raised its position in Wyndham Hotels & Resorts by 404.8% during the 4th quarter. JPMorgan Chase & Co. now owns 1,213,027 shares of the company's stock worth $122,261,000 after buying an additional 972,708 shares during the last quarter. Freestone Grove Partners LP purchased a new position in Wyndham Hotels & Resorts during the 4th quarter worth $54,738,000. Finally, Interval Partners LP purchased a new position in Wyndham Hotels & Resorts during the 4th quarter worth $31,991,000. Institutional investors and hedge funds own 93.46% of the company's stock.

Insiders Place Their Bets

In related news, CEO Geoffrey A. Ballotti sold 26,650 shares of the company's stock in a transaction on Thursday, May 15th. The stock was sold at an average price of $86.56, for a total value 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 approximately $39,936,706.56. This represents a 5.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 2.46% of the stock is owned by corporate insiders.

Wyndham Hotels & Resorts Price Performance

NYSE WH traded down $1.10 during trading hours on Friday, reaching $82.73. The company's stock had a trading volume of 1,311,741 shares, compared to its average volume of 858,024. The stock has a market cap of $6.37 billion, a PE ratio of 22.79, a PEG ratio of 1.87 and a beta of 1.08. Wyndham Hotels & Resorts, Inc. has a fifty-two week low of $67.81 and a fifty-two week high of $113.07. The company's 50-day moving average is $85.36 and its two-hundred day moving average is $95.83. The company has a debt-to-equity ratio of 3.72, a quick ratio of 1.00 and a current ratio of 1.00.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The company reported $0.86 EPS for the quarter, beating analysts' consensus estimates of $0.82 by $0.04. The firm had revenue of $316.00 million for the quarter, compared to analysts' expectations of $320.10 million. Wyndham Hotels & Resorts had a net margin of 20.51% and a return on equity of 54.86%. The firm's revenue was up 3.6% on a year-over-year basis. During the same period in the prior year, the company earned $0.78 EPS. Analysts forecast that Wyndham Hotels & Resorts, Inc. will post 4.79 EPS for the current year.

Wyndham Hotels & Resorts Announces Dividend

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 paid a dividend of $0.41 per share. The ex-dividend date of this dividend is Friday, June 13th. This represents a $1.64 annualized dividend and a dividend yield of 1.98%. Wyndham Hotels & Resorts's dividend payout ratio is currently 38.86%.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. Jefferies Financial Group cut their price objective 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. Wells Fargo & Company upped their price target on shares of Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the stock an "overweight" rating in a research note on Friday, February 14th. Truist Financial reduced 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. Stifel Nicolaus lowered their target price on shares of Wyndham Hotels & Resorts from $121.00 to $102.75 and set a "buy" rating on the stock in a research report on Thursday, May 1st. Finally, Susquehanna increased their target price on shares of Wyndham Hotels & Resorts from $80.00 to $110.00 and gave the company a "neutral" rating in a report on Tuesday, February 25th. Two research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $108.48.

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.