Leith Wheeler Investment Counsel Ltd. Sells 3,478 Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Leith Wheeler Investment Counsel Ltd. lessened its holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 3.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 97,849 shares of the company's stock after selling 3,478 shares during the quarter. Leith Wheeler Investment Counsel Ltd. owned 0.13% of Wyndham Hotels & Resorts worth $9,862,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Bessemer Group Inc. lifted its position in shares of Wyndham Hotels & Resorts by 24,953.8% in the fourth quarter. Bessemer Group Inc. now owns 1,333,615 shares of the company's stock valued at $134,414,000 after buying an additional 1,328,292 shares during the last quarter. Norges Bank acquired a new stake in Wyndham Hotels & Resorts during the 4th quarter valued at $104,774,000. JPMorgan Chase & Co. boosted its position in Wyndham Hotels & Resorts by 404.8% during the fourth quarter. JPMorgan Chase & Co. now owns 1,213,027 shares of the company's stock worth $122,261,000 after purchasing an additional 972,708 shares during the period. TimesSquare Capital Management LLC increased its holdings in shares of Wyndham Hotels & Resorts by 74.8% in the fourth quarter. TimesSquare Capital Management LLC now owns 497,742 shares of the company's stock valued at $50,167,000 after purchasing an additional 213,052 shares during the last quarter. Finally, Boston Partners raised its position in shares of Wyndham Hotels & Resorts by 5.3% in the fourth quarter. Boston Partners now owns 3,853,527 shares of the company's stock valued at $388,462,000 after purchasing an additional 192,221 shares during the period. Institutional investors and hedge funds own 93.46% of the company's stock.

Wyndham Hotels & Resorts Price Performance

WH stock traded down $0.37 during midday trading on Thursday, reaching $84.93. 2,133,634 shares of the stock were exchanged, compared to its average volume of 834,787. The company has a fifty day moving average price of $89.97 and a 200 day moving average price of $96.16. The stock has a market capitalization of $6.58 billion, a PE ratio of 23.40, a P/E/G ratio of 1.87 and a beta of 1.11. Wyndham Hotels & Resorts, Inc. has a 52 week low of $67.67 and a 52 week high of $113.07. The company has a debt-to-equity ratio of 3.72, a current ratio of 1.00 and a quick ratio of 1.00.

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 (EPS) for the quarter, beating 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 firm had revenue of $316.00 million during the quarter, compared to the consensus estimate of $320.10 million. During the same quarter last year, the firm earned $0.78 earnings per share. The company's revenue for the quarter was up 3.6% on a year-over-year basis. As a group, analysts expect that Wyndham Hotels & Resorts, Inc. will post 4.79 EPS for the current fiscal year.

Wyndham Hotels & Resorts Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 17th were paid a $0.41 dividend. This is a boost from Wyndham Hotels & Resorts's previous quarterly dividend of $0.38. The ex-dividend date was Monday, March 17th. This represents a $1.64 annualized dividend and a dividend yield of 1.93%. Wyndham Hotels & Resorts's dividend payout ratio is presently 45.18%.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on WH shares. Barclays dropped their price target on Wyndham Hotels & Resorts from $121.00 to $100.00 and set an "overweight" rating for the company in a report on Tuesday, April 22nd. Susquehanna lifted their target price on Wyndham Hotels & Resorts from $80.00 to $110.00 and gave the stock a "neutral" rating in a report on Tuesday, February 25th. Robert W. Baird upped their price target on shares of Wyndham Hotels & Resorts from $108.00 to $115.00 and gave the company an "outperform" rating in a research note on Tuesday, February 18th. Stifel Nicolaus dropped 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 research note on Thursday. Finally, 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 report on Monday, March 24th. Two analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $109.81.

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.