Louisiana State Employees Retirement System Takes Position in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Louisiana State Employees Retirement System acquired a new stake in Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The firm acquired 23,300 shares of the company's stock, valued at approximately $1,874,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Rockefeller Capital Management L.P. grew its stake in Wyndham Hotels & Resorts by 139.3% in the 4th quarter. Rockefeller Capital Management L.P. now owns 438 shares of the company's stock valued at $31,000 after buying an additional 255 shares in the last quarter. Allworth Financial LP grew its position in shares of Wyndham Hotels & Resorts by 62.6% in the fourth quarter. Allworth Financial LP now owns 395 shares of the company's stock valued at $32,000 after purchasing an additional 152 shares in the last quarter. Money Concepts Capital Corp bought a new stake in shares of Wyndham Hotels & Resorts during the 4th quarter valued at $33,000. Systematic Alpha Investments LLC purchased a new stake in Wyndham Hotels & Resorts during the 3rd quarter worth about $37,000. Finally, Point72 Hong Kong Ltd bought a new position in Wyndham Hotels & Resorts in the 2nd quarter worth about $46,000. Hedge funds and other institutional investors own 93.46% of the company's stock.

Insiders Place Their Bets

In related news, CAO Nicola Rossi sold 3,200 shares of the company's stock in a transaction on Tuesday, March 12th. The shares were sold at an average price of $79.00, for a total transaction of $252,800.00. Following the completion of the sale, the chief accounting officer now directly owns 11,404 shares in the company, valued at approximately $900,916. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 2.79% of the stock is currently owned by insiders.

Wyndham Hotels & Resorts Price Performance

WH traded up $0.61 during trading on Friday, reaching $69.92. The stock had a trading volume of 910,756 shares, compared to its average volume of 658,210. The company has a debt-to-equity ratio of 2.90, a quick ratio of 0.81 and a current ratio of 0.81. The business has a 50-day moving average of $76.26 and a 200-day moving average of $76.52. Wyndham Hotels & Resorts, Inc. has a one year low of $63.69 and a one year high of $81.73. The stock has a market cap of $5.66 billion, a PE ratio of 20.35, a PEG ratio of 3.16 and a beta of 1.35.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last issued its earnings results on Wednesday, February 14th. The company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.90 by $0.01. The business had revenue of $321.00 million during the quarter, compared to analyst estimates of $321.35 million. Wyndham Hotels & Resorts had a return on equity of 39.91% and a net margin of 20.74%. Wyndham Hotels & Resorts's revenue for the quarter was down 3.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.72 earnings per share. As a group, equities research analysts anticipate that Wyndham Hotels & Resorts, Inc. will post 4.22 EPS for the current fiscal year.

Wyndham Hotels & Resorts Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 15th were given a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a yield of 2.17%. The ex-dividend date was Thursday, March 14th. This is a boost from Wyndham Hotels & Resorts's previous quarterly dividend of $0.35. Wyndham Hotels & Resorts's dividend payout ratio (DPR) is presently 44.71%.

Analysts Set New Price Targets

A number of equities analysts have recently commented on WH shares. Robert W. Baird cut their price objective on shares of Wyndham Hotels & Resorts from $87.00 to $86.00 and set an "outperform" rating for the company in a research report on Friday. StockNews.com initiated coverage on shares of Wyndham Hotels & Resorts in a research report on Friday. They set a "hold" rating for the company. Finally, Barclays lowered their price objective on Wyndham Hotels & Resorts from $90.00 to $87.00 and set an "overweight" rating on the stock in a research report on Friday. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $88.00.

Wyndham Hotels & Resorts Company Profile

Wyndham Hotels & Resorts, Inc operates as a hotel franchisor in the United States and internationally. It operates through Hotel Franchising and Hotel Management segments. The Hotel Franchising segment licenses its lodging brands and provides related services to third-party hotel owners and others.