Boothbay Fund Management LLC Lowers Holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Boothbay Fund Management LLC decreased its holdings in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 26.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 69,057 shares of the company's stock after selling 24,915 shares during the quarter. Boothbay Fund Management LLC owned about 0.09% of Wyndham Hotels & Resorts worth $6,960,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the business. Smartleaf Asset Management LLC boosted its stake in Wyndham Hotels & Resorts by 46.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 343 shares of the company's stock worth $35,000 after buying an additional 108 shares during the period. Principal Securities Inc. raised its position in Wyndham Hotels & Resorts by 1.0% in the 4th quarter. Principal Securities Inc. now owns 10,941 shares of the company's stock worth $1,103,000 after purchasing an additional 113 shares during the period. Equitable Trust Co. lifted its stake in Wyndham Hotels & Resorts by 1.5% in the fourth quarter. Equitable Trust Co. now owns 9,295 shares of the company's stock worth $937,000 after purchasing an additional 135 shares during the last quarter. UMB Bank n.a. lifted its stake in Wyndham Hotels & Resorts by 72.7% in the fourth 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, Empowered Funds LLC boosted its position in shares of Wyndham Hotels & Resorts by 2.2% during the fourth quarter. Empowered Funds LLC now owns 7,846 shares of the company's stock valued at $791,000 after buying an additional 169 shares during the period. Institutional investors own 93.46% of the company's stock.

Wyndham Hotels & Resorts Stock Performance

Shares of NYSE WH traded up $2.35 during trading hours on Friday, reaching $87.71. The stock had a trading volume of 430,286 shares, compared to its average volume of 833,255. The firm has a market cap of $6.80 billion, a price-to-earnings ratio of 24.17, a PEG ratio of 1.87 and a beta of 1.11. The firm has a 50-day moving average of $89.97 and a 200-day moving average of $96.16. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 3.72. Wyndham Hotels & Resorts, Inc. has a fifty-two week low of $67.67 and a fifty-two week high of $113.07.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last released its earnings results on Wednesday, April 30th. The company reported $0.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.82 by $0.04. Wyndham Hotels & Resorts had a return on equity of 54.86% and a net margin of 20.51%. The company had revenue of $316.00 million for the quarter, compared to analysts' expectations of $320.10 million. During the same quarter in the previous year, the firm posted $0.78 EPS. The firm's quarterly revenue was up 3.6% on a year-over-year basis. Equities research analysts predict that Wyndham Hotels & Resorts, Inc. will post 4.79 earnings per share for the current year.

Wyndham Hotels & Resorts Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 17th were paid a dividend of $0.41 per share. This is a boost from Wyndham Hotels & Resorts's previous quarterly dividend of $0.38. This represents a $1.64 annualized dividend and a dividend yield of 1.87%. The ex-dividend date was Monday, March 17th. Wyndham Hotels & Resorts's dividend payout ratio (DPR) is currently 45.18%.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on WH shares. Stifel Nicolaus decreased their price target on Wyndham Hotels & Resorts from $121.00 to $102.75 and set a "buy" rating for the company in a research note on Thursday. Barclays dropped their target price on shares of Wyndham Hotels & Resorts from $121.00 to $100.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 22nd. Redburn Atlantic upgraded 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. Truist Financial dropped their target price on shares of Wyndham Hotels & Resorts from $122.00 to $119.00 and set a "buy" rating on the stock in a report on Friday, March 21st. Finally, Morgan Stanley reduced their price target 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. Two investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $109.81.

Wyndham Hotels & Resorts Company 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.