LRT Capital Management LLC Sells 26,942 Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH)

LRT Capital Management LLC cut its holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 40.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 39,663 shares of the company's stock after selling 26,942 shares during the period. Wyndham Hotels & Resorts comprises approximately 3.0% of LRT Capital Management LLC's holdings, making the stock its 4th biggest position. LRT Capital Management LLC's holdings in Wyndham Hotels & Resorts were worth $3,189,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Signaturefd LLC boosted its stake in Wyndham Hotels & Resorts by 24.1% during the 4th quarter. Signaturefd LLC now owns 1,052 shares of the company's stock valued at $85,000 after purchasing an additional 204 shares during the period. Louisiana State Employees Retirement System acquired a new position in Wyndham Hotels & Resorts during the 4th quarter valued at about $1,874,000. WCM Investment Management LLC boosted its stake in Wyndham Hotels & Resorts by 2.6% during the 4th quarter. WCM Investment Management LLC now owns 351,546 shares of the company's stock valued at $28,426,000 after purchasing an additional 9,026 shares during the period. Round Rock Advisors LLC acquired a new position in Wyndham Hotels & Resorts during the 4th quarter valued at about $1,079,000. Finally, International Assets Investment Management LLC boosted its stake in Wyndham Hotels & Resorts by 7,941.0% during the 4th quarter. International Assets Investment Management LLC now owns 15,680 shares of the company's stock valued at $1,261,000 after purchasing an additional 15,485 shares during the period. 93.46% of the stock is owned by institutional investors and hedge funds.

Wyndham Hotels & Resorts Price Performance

Shares of NYSE WH traded up $0.61 during midday trading on Friday, reaching $69.92. The company's stock had a trading volume of 910,756 shares, compared to its average volume of 596,317. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 2.90. The company has a 50 day moving average price of $76.06 and a 200 day moving average price of $76.66. Wyndham Hotels & Resorts, Inc. has a one year low of $63.69 and a one year high of $81.73. The company has a market cap of $5.66 billion, a price-to-earnings ratio of 20.56, a price-to-earnings-growth ratio of 3.18 and a beta of 1.35.

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

Wyndham Hotels & Resorts Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Friday, March 15th were issued a dividend of $0.38 per share. The ex-dividend date was Thursday, March 14th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 2.17%. This is a positive change from Wyndham Hotels & Resorts's previous quarterly dividend of $0.35. Wyndham Hotels & Resorts's payout ratio is currently 44.71%.

Analyst Upgrades and Downgrades

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

Insider Activity

In related news, CAO Nicola Rossi sold 3,200 shares of the business's stock in a transaction that occurred 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 transaction, the chief accounting officer now directly owns 11,404 shares of the company's stock, valued at $900,916. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 2.79% of the stock is owned by company insiders.

About Wyndham Hotels & Resorts

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.