Interval Partners LP Makes New Investment in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Interval Partners LP purchased a new stake in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 317,398 shares of the company's stock, valued at approximately $31,991,000. Interval Partners LP owned about 0.41% of Wyndham Hotels & Resorts as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently modified their holdings of the business. Smartleaf Asset Management LLC lifted its holdings in shares of Wyndham Hotels & Resorts by 46.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 343 shares of the company's stock worth $35,000 after purchasing an additional 108 shares in the last quarter. Principal Securities Inc. raised its holdings in Wyndham Hotels & Resorts by 1.0% during the fourth quarter. Principal Securities Inc. now owns 10,941 shares of the company's stock worth $1,103,000 after buying an additional 113 shares during the last quarter. Equitable Trust Co. raised its holdings in Wyndham Hotels & Resorts by 1.5% during the fourth quarter. Equitable Trust Co. now owns 9,295 shares of the company's stock worth $937,000 after buying an additional 135 shares during the last quarter. UMB Bank n.a. lifted its stake in shares of Wyndham Hotels & Resorts by 72.7% in the fourth quarter. UMB Bank n.a. now owns 399 shares of the company's stock valued at $40,000 after buying an additional 168 shares in the last quarter. Finally, Empowered Funds LLC grew its holdings in shares of Wyndham Hotels & Resorts by 2.2% during the fourth quarter. Empowered Funds LLC now owns 7,846 shares of the company's stock valued at $791,000 after buying an additional 169 shares during the last quarter. Institutional investors and hedge funds own 93.46% of the company's stock.

Wyndham Hotels & Resorts Stock Performance

Shares of NYSE:WH traded down $0.59 during mid-day trading on Wednesday, reaching $87.20. The company had a trading volume of 788,927 shares, compared to its average volume of 847,970. Wyndham Hotels & Resorts, Inc. has a one year low of $67.67 and a one year 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 company's 50-day moving average price is $86.46 and its 200-day moving average price is $96.25. The firm has a market cap of $6.71 billion, a price-to-earnings ratio of 24.02, a PEG ratio of 1.87 and a beta of 1.08.

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, beating 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 analyst estimates of $320.10 million. During the same period in the previous year, the company posted $0.78 earnings per share. The business's revenue was up 3.6% on a year-over-year basis. As a group, equities research analysts anticipate that Wyndham Hotels & Resorts, Inc. will post 4.79 EPS for the current fiscal year.

Wyndham Hotels & Resorts Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 17th were given a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a yield of 1.88%. The ex-dividend date was Monday, March 17th. This is a positive change from Wyndham Hotels & Resorts's previous quarterly dividend of $0.38. Wyndham Hotels & Resorts's dividend payout ratio (DPR) is currently 38.86%.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. Redburn Atlantic raised shares of Wyndham Hotels & Resorts from a "neutral" rating to a "buy" rating and set a $115.00 price target on the stock in a research report on Monday, March 24th. Susquehanna lifted their target price on Wyndham Hotels & Resorts from $80.00 to $110.00 and gave the company a "neutral" rating in a research report on Tuesday, February 25th. Stifel Nicolaus dropped their price objective on Wyndham Hotels & Resorts from $121.00 to $102.75 and set a "buy" rating on the stock in a research note on Thursday, May 1st. The Goldman Sachs Group cut their price objective on shares of 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 lowered their target price on shares of 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 research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company's stock. According to MarketBeat, Wyndham Hotels & Resorts currently has an average rating of "Moderate Buy" and a consensus price target of $108.48.

Wyndham Hotels & Resorts Company 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.