Junto Capital Management LP Lowers Position in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Junto Capital Management LP trimmed its position in Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 24.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 930,752 shares of the company's stock after selling 304,627 shares during the period. Wyndham Hotels & Resorts accounts for 1.8% of Junto Capital Management LP's portfolio, making the stock its 19th biggest position. Junto Capital Management LP owned approximately 1.20% of Wyndham Hotels & Resorts worth $93,810,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Trust Co. of Vermont increased its position in Wyndham Hotels & Resorts by 434.8% during the 4th quarter. Trust Co. of Vermont now owns 246 shares of the company's stock valued at $25,000 after buying an additional 200 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in shares of Wyndham Hotels & Resorts by 508.7% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 280 shares of the company's stock worth $28,000 after acquiring an additional 234 shares during the last quarter. Smartleaf Asset Management LLC increased its holdings in shares of Wyndham Hotels & Resorts by 46.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 343 shares of the company's stock valued at $35,000 after acquiring an additional 108 shares in the last quarter. UMB Bank n.a. raised its position in shares of Wyndham Hotels & Resorts by 72.7% in the 4th quarter. UMB Bank n.a. now owns 399 shares of the company's stock worth $40,000 after purchasing an additional 168 shares during the last quarter. Finally, Quarry LP bought a new position in Wyndham Hotels & Resorts in the 4th quarter worth about $41,000. Institutional investors own 93.46% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on WH shares. Barclays decreased their target price on shares of Wyndham Hotels & Resorts from $121.00 to $100.00 and set an "overweight" rating for the company in a report on Tuesday, April 22nd. Morgan Stanley decreased their price objective on shares of Wyndham Hotels & Resorts from $102.00 to $94.00 and set an "overweight" rating for the company in a report on Tuesday, April 22nd. Stifel Nicolaus cut their target price 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. Robert W. Baird decreased their price target on 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, Wells Fargo & Company increased their price objective on Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the company an "overweight" rating in a research report on Friday, February 14th. 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, Wyndham Hotels & Resorts has a consensus rating of "Moderate Buy" and a consensus price target of $108.48.

Wyndham Hotels & Resorts Price Performance

NYSE WH opened at $84.51 on Friday. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 3.72. The firm has a market capitalization of $6.51 billion, a P/E ratio of 23.28, a PEG ratio of 1.87 and a beta of 1.08. The company has a 50-day moving average price of $87.30 and a 200-day moving average price of $96.35. Wyndham Hotels & Resorts, Inc. has a 52 week low of $67.67 and a 52 week high of $113.07.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last released its quarterly 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 net margin of 20.51% and a return on equity of 54.86%. The business had revenue of $316.00 million for the quarter, compared to the consensus estimate of $320.10 million. During the same period last year, the firm earned $0.78 earnings per share. The company's quarterly revenue was up 3.6% on a year-over-year basis. Equities research analysts anticipate that Wyndham Hotels & Resorts, Inc. will post 4.79 earnings per share for the current year.

Wyndham Hotels & Resorts Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 17th were given a $0.41 dividend. This is a boost from Wyndham Hotels & Resorts's previous quarterly dividend of $0.38. The ex-dividend date of this dividend was Monday, March 17th. This represents a $1.64 dividend on an annualized basis and a yield of 1.94%. Wyndham Hotels & Resorts's dividend payout ratio is presently 38.86%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.