Hudson Bay Capital Management LP Invests $8.47 Million in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Hudson Bay Capital Management LP purchased a new stake in Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 84,020 shares of the company's stock, valued at approximately $8,468,000. Hudson Bay Capital Management LP owned about 0.11% of Wyndham Hotels & Resorts at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in WH. Gotham Asset Management LLC lifted its position in Wyndham Hotels & Resorts by 2.1% in the fourth quarter. Gotham Asset Management LLC now owns 149,422 shares of the company's stock worth $15,060,000 after buying an additional 3,041 shares during the last quarter. Focus Partners Wealth lifted its holdings in shares of Wyndham Hotels & Resorts by 0.6% in the 4th quarter. Focus Partners Wealth now owns 59,558 shares of the company's stock worth $6,003,000 after acquiring an additional 345 shares during the last quarter. Ethic Inc. boosted its stake in shares of Wyndham Hotels & Resorts by 94.7% during the 4th quarter. Ethic Inc. now owns 12,337 shares of the company's stock worth $1,243,000 after purchasing an additional 6,002 shares during the period. Concentric Capital Strategies LP bought a new position in Wyndham Hotels & Resorts during the 4th quarter valued at about $9,402,000. Finally, Corvex Management LP purchased a new stake in Wyndham Hotels & Resorts in the 4th quarter worth about $3,462,000. Hedge funds and other institutional investors own 93.46% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on WH shares. Truist Financial reduced their price target on Wyndham Hotels & Resorts from $122.00 to $119.00 and set a "buy" rating on the stock in a report on Friday, March 21st. 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 report on Friday, February 14th. Stifel Nicolaus decreased 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. Jefferies Financial Group dropped their target price on shares of Wyndham Hotels & Resorts from $125.00 to $110.00 and set a "buy" rating on the stock in a research note on Wednesday, April 9th. Finally, The Goldman Sachs Group lowered their price target on Wyndham Hotels & Resorts from $124.00 to $108.00 and set a "buy" rating for the company in a report on Monday, April 14th. Two analysts have rated the stock with a hold rating and eleven have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $108.48.

Wyndham Hotels & Resorts Stock Down 1.8%

NYSE:WH traded down $1.61 during midday trading on Thursday, reaching $85.83. 1,014,400 shares of the stock traded hands, compared to its average volume of 848,633. The stock has a market capitalization of $6.61 billion, a PE ratio of 23.64, a price-to-earnings-growth ratio of 1.87 and a beta of 1.08. Wyndham Hotels & Resorts, Inc. has a 12-month low of $67.67 and a 12-month high of $113.07. The company has a debt-to-equity ratio of 3.72, a quick ratio of 1.00 and a current ratio of 1.00. The business has a 50-day moving average of $86.46 and a two-hundred day moving average of $96.25.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last announced its 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 for the quarter, compared to the consensus estimate of $320.10 million. During the same period in the previous year, the business earned $0.78 EPS. The firm's revenue for the quarter was up 3.6% on a year-over-year basis. On average, equities analysts forecast that Wyndham Hotels & Resorts, Inc. will post 4.79 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Announces Dividend

The firm 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 dividend of $0.41 per share. This represents a $1.64 annualized dividend and a dividend yield of 1.91%. 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.