Vident Advisory LLC Trims Holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Vident Advisory LLC decreased its position in Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 28.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 9,465 shares of the company's stock after selling 3,835 shares during the quarter. Vident Advisory LLC's holdings in Wyndham Hotels & Resorts were worth $954,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in WH. Proficio Capital Partners LLC acquired a new position in Wyndham Hotels & Resorts in the 4th quarter valued at about $28,000. Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in Wyndham Hotels & Resorts by 508.7% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 280 shares of the company's stock valued at $28,000 after purchasing an additional 234 shares during the last quarter. Smartleaf Asset Management LLC raised its stake in Wyndham Hotels & Resorts by 46.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 343 shares of the company's stock valued at $35,000 after purchasing an additional 108 shares during the last quarter. UMB Bank n.a. raised its stake in Wyndham Hotels & Resorts by 72.7% in the 4th quarter. UMB Bank n.a. now owns 399 shares of the company's stock valued at $40,000 after purchasing an additional 168 shares during the last quarter. Finally, Quarry LP acquired a new position in Wyndham Hotels & Resorts in the 4th quarter valued at about $41,000. Institutional investors and hedge funds own 93.46% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. Morgan Stanley cut their target price on shares of Wyndham Hotels & Resorts from $102.00 to $94.00 and set an "overweight" rating for the company in a research note on Tuesday, April 22nd. Redburn Atlantic raised shares of Wyndham Hotels & Resorts from a "neutral" rating to a "buy" rating and set a $115.00 price objective for the company in a research note on Monday, March 24th. 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. Robert W. Baird dropped their price objective on shares of Wyndham Hotels & Resorts from $107.00 to $99.00 and set an "outperform" rating for the company in a research note on Tuesday, May 6th. Finally, Jefferies Financial Group dropped 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 note on Wednesday, April 9th. Two research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $108.48.

Insider Transactions at Wyndham Hotels & Resorts

In other Wyndham Hotels & Resorts news, CEO Geoffrey A. Ballotti sold 26,724 shares of the company's stock in a transaction that occurred on Friday, May 16th. The stock was sold at an average price of $85.77, for a total value of $2,292,117.48. Following the completion of the transaction, the chief executive officer now owns 467,394 shares in the company, valued at $40,088,383.38. This represents a 5.41% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 2.46% of the company's stock.

Wyndham Hotels & Resorts Trading Down 0.9%

Shares of NYSE:WH traded down $0.77 during trading on Friday, reaching $83.06. 306,871 shares of the stock were exchanged, compared to its average volume of 854,115. 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, Inc. has a 12-month low of $67.81 and a 12-month high of $113.07. The firm has a market cap of $6.40 billion, a price-to-earnings ratio of 22.88, a price-to-earnings-growth ratio of 1.87 and a beta of 1.08. The firm's 50-day moving average price is $85.36 and its 200 day moving average price is $95.83.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last issued its earnings results on Wednesday, April 30th. The company reported $0.86 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 analysts' expectations of $320.10 million. During the same quarter in the previous year, the business earned $0.78 EPS. The company's revenue for the quarter was up 3.6% on a year-over-year basis. On average, sell-side analysts anticipate that Wyndham Hotels & Resorts, Inc. will post 4.79 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Stockholders 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 dividend yield of 1.97%. The ex-dividend date is Friday, June 13th. Wyndham Hotels & Resorts's payout ratio is currently 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.