New York State Common Retirement Fund Has $6.57 Million Stock Holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

New York State Common Retirement Fund cut its stake in Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 12.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 81,758 shares of the company's stock after selling 11,815 shares during the period. New York State Common Retirement Fund owned about 0.10% of Wyndham Hotels & Resorts worth $6,574,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Wellington Management Group LLP increased its stake in Wyndham Hotels & Resorts by 150.2% in the third quarter. Wellington Management Group LLP now owns 5,001,611 shares of the company's stock valued at $347,812,000 after purchasing an additional 3,002,259 shares during the period. FMR LLC increased its stake in shares of Wyndham Hotels & Resorts by 2.7% during the third quarter. FMR LLC now owns 2,492,340 shares of the company's stock worth $173,317,000 after acquiring an additional 64,925 shares during the period. Invesco Ltd. increased its stake in shares of Wyndham Hotels & Resorts by 55.2% during the third quarter. Invesco Ltd. now owns 1,337,980 shares of the company's stock worth $93,043,000 after acquiring an additional 475,682 shares during the period. Burgundy Asset Management Ltd. increased its stake in shares of Wyndham Hotels & Resorts by 1.6% during the third quarter. Burgundy Asset Management Ltd. now owns 1,231,088 shares of the company's stock worth $85,610,000 after acquiring an additional 19,572 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of Wyndham Hotels & Resorts by 0.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 661,266 shares of the company's stock worth $45,984,000 after acquiring an additional 3,459 shares during the period. 93.46% of the stock is owned by hedge funds and other institutional investors.

Wyndham Hotels & Resorts Price Performance

WH stock traded down $0.63 during trading on Friday, reaching $73.25. 567,259 shares of the company were exchanged, compared to its average volume of 811,954. The company has a market cap of $5.90 billion, a P/E ratio of 25.98, a PEG ratio of 2.57 and a beta of 1.33. Wyndham Hotels & Resorts, Inc. has a 52-week low of $63.69 and a 52-week high of $81.73. The stock's 50 day moving average price is $74.80 and its 200 day moving average price is $76.89. The company has a debt-to-equity ratio of 3.27, a quick ratio of 0.70 and a current ratio of 0.70.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last released its quarterly earnings data on Wednesday, April 24th. The company reported $0.78 EPS for the quarter, topping analysts' consensus estimates of $0.75 by $0.03. Wyndham Hotels & Resorts had a net margin of 17.19% and a return on equity of 41.83%. The firm had revenue of $305.00 million for the quarter, compared to the consensus estimate of $308.24 million. During the same quarter in the previous year, the firm earned $0.86 earnings per share. The firm's revenue was down 2.6% on a year-over-year basis. As a group, analysts predict that Wyndham Hotels & Resorts, Inc. will post 4.25 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Friday, March 15th were issued a $0.38 dividend. This represents a $1.52 annualized dividend and a dividend yield of 2.08%. The ex-dividend date was Thursday, March 14th. This is an increase from Wyndham Hotels & Resorts's previous quarterly dividend of $0.35. Wyndham Hotels & Resorts's dividend payout ratio is 53.90%.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the stock. StockNews.com assumed coverage on shares of Wyndham Hotels & Resorts in a research note on Saturday, April 27th. They set a "hold" rating on the stock. Robert W. Baird boosted their price target on shares of Wyndham Hotels & Resorts from $86.00 to $88.00 and gave the stock an "outperform" rating in a research note on Friday, April 26th. Finally, Barclays boosted their price target on shares of Wyndham Hotels & Resorts from $87.00 to $88.00 and gave the stock an "overweight" rating in a research note on Friday, April 26th. One research analyst has rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $88.17.

Insider Buying and Selling at Wyndham Hotels & Resorts

In other Wyndham Hotels & Resorts news, CEO Geoffrey A. Ballotti sold 196,279 shares of the company's stock in a transaction dated Wednesday, May 1st. The shares were sold at an average price of $73.36, for a total value of $14,399,027.44. Following the sale, the chief executive officer now owns 377,712 shares of the company's stock, valued at $27,708,952.32. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, CAO Nicola Rossi sold 3,200 shares of the company'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 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 this link. Also, CEO Geoffrey A. Ballotti sold 196,279 shares of the company's stock in a transaction that occurred on Wednesday, May 1st. The shares were sold at an average price of $73.36, for a total transaction of $14,399,027.44. Following the transaction, the chief executive officer now directly owns 377,712 shares in the company, valued at approximately $27,708,952.32. The disclosure for this sale can be found here. Insiders own 2.79% of the company's stock.

Wyndham Hotels & Resorts 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.