J. Goldman & Co LP Invests $3.77 Million in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

J. Goldman & Co LP purchased a new stake in Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm purchased 37,379 shares of the company's stock, valued at approximately $3,767,000.

A number of other institutional investors and hedge funds have also made changes to their positions in WH. Mutual of America Capital Management LLC boosted its position in shares of Wyndham Hotels & Resorts by 17.3% in the 4th quarter. Mutual of America Capital Management LLC now owns 173,952 shares of the company's stock worth $17,533,000 after purchasing an additional 25,702 shares in the last quarter. CIBC Asset Management Inc acquired a new stake in Wyndham Hotels & Resorts during the 4th quarter worth about $248,000. Bessemer Group Inc. lifted 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 acquiring an additional 1,328,292 shares during the period. Proficio Capital Partners LLC acquired a new stake in Wyndham Hotels & Resorts during the 4th quarter worth about $28,000. Finally, Bank of New York Mellon Corp lifted its position in Wyndham Hotels & Resorts by 1.0% during the 4th quarter. Bank of New York Mellon Corp now owns 851,974 shares of the company's stock worth $85,870,000 after acquiring an additional 8,129 shares during the period. 93.46% of the stock is currently owned by hedge funds and other institutional investors.

Wyndham Hotels & Resorts Price Performance

Shares of Wyndham Hotels & Resorts stock traded down $1.61 on Thursday, hitting $85.83. The company's stock had a trading volume of 1,014,400 shares, compared to its average volume of 848,633. 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 1 year low of $67.67 and a 1 year high of $113.07. The firm has a fifty day moving average price of $86.46 and a 200-day moving average price of $96.25. The company has a market capitalization of $6.61 billion, a price-to-earnings ratio of 23.64, a price-to-earnings-growth ratio of 1.87 and a beta of 1.08.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The company reported $0.86 earnings per share 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 during the quarter, compared to analyst estimates of $320.10 million. During the same quarter in the previous year, the business earned $0.78 EPS. Wyndham Hotels & Resorts's revenue for the quarter was up 3.6% compared to the same quarter last year. As a group, sell-side analysts anticipate 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 declared a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be paid a $0.41 dividend. This represents a $1.64 annualized dividend and a dividend yield of 1.91%. Wyndham Hotels & Resorts's dividend payout ratio is presently 38.86%.

Wall Street Analysts Forecast Growth

WH has been the subject of a number of research reports. Jefferies Financial Group lowered their price target on 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 lifted their price target on Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the stock an "overweight" rating in a research report on Friday, February 14th. 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 research report on Monday, April 14th. Redburn Atlantic raised Wyndham Hotels & Resorts from a "neutral" rating to a "buy" rating and set a $115.00 price target for the company in a research report on Monday, March 24th. Finally, Morgan Stanley reduced their price objective on 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. Two research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $108.48.

About Wyndham Hotels & Resorts

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.