Wyndham Hotels & Resorts, Inc. (NYSE:WH) Shares Sold by Voya Investment Management LLC

Voya Investment Management LLC lowered its holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 76.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 11,334 shares of the company's stock after selling 37,678 shares during the quarter. Voya Investment Management LLC's holdings in Wyndham Hotels & Resorts were worth $1,142,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Virtu Financial LLC acquired a new stake in Wyndham Hotels & Resorts in the third quarter valued at approximately $214,000. GAMMA Investing LLC grew its stake in Wyndham Hotels & Resorts by 59.0% during the 4th quarter. GAMMA Investing LLC now owns 1,134 shares of the company's stock worth $114,000 after buying an additional 421 shares during the last quarter. Everence Capital Management Inc. acquired a new position in Wyndham Hotels & Resorts during the 4th quarter valued at about $229,000. Trust Co. of Vermont raised its position in shares of Wyndham Hotels & Resorts by 434.8% in the 4th quarter. Trust Co. of Vermont now owns 246 shares of the company's stock valued at $25,000 after purchasing an additional 200 shares during the last quarter. Finally, HB Wealth Management LLC acquired a new stake in Wyndham Hotels & Resorts in the 4th quarter worth approximately $319,000. Hedge funds and other institutional investors own 93.46% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on WH shares. Stifel Nicolaus decreased their price target on shares of Wyndham Hotels & Resorts from $121.00 to $102.75 and set a "buy" rating for the company in a report on Thursday, May 1st. Truist Financial decreased their target price on Wyndham Hotels & Resorts from $122.00 to $119.00 and set a "buy" rating for the company in a report on Friday, March 21st. Robert W. Baird cut their price target on shares of Wyndham Hotels & Resorts from $107.00 to $99.00 and set an "outperform" rating on the stock in a report on Tuesday. Susquehanna lifted their price objective on shares of Wyndham Hotels & Resorts from $80.00 to $110.00 and gave the company a "neutral" rating in a research note on Tuesday, February 25th. Finally, The Goldman Sachs Group cut their price objective on shares of Wyndham Hotels & Resorts from $124.00 to $108.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Two investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $108.48.

Wyndham Hotels & Resorts Price Performance

Shares of NYSE WH traded up $0.22 during mid-day trading on Friday, reaching $84.51. The company's stock had a trading volume of 700,136 shares, compared to its average volume of 844,893. The stock has a market capitalization of $6.51 billion, a P/E ratio of 23.28, a P/E/G ratio of 1.87 and a beta of 1.08. Wyndham Hotels & Resorts, Inc. has a 1-year low of $67.67 and a 1-year high of $113.07. The stock has a 50-day moving average of $87.30 and a two-hundred day moving average of $96.25. The company has a debt-to-equity ratio of 3.72, a quick ratio of 1.00 and a current ratio of 1.00.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The company reported $0.86 earnings per share for the quarter, topping analysts' consensus estimates 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 analyst estimates of $320.10 million. During the same quarter in the previous year, the company posted $0.78 earnings per share. The firm's revenue for the quarter was up 3.6% compared to the same quarter last year. On average, equities research analysts anticipate that Wyndham Hotels & Resorts, Inc. will post 4.79 EPS for the current fiscal year.

Wyndham Hotels & Resorts Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 17th were given a dividend of $0.41 per share. The ex-dividend date of this dividend was Monday, March 17th. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.94%. This is a positive change from Wyndham Hotels & Resorts's previous quarterly dividend of $0.38. Wyndham Hotels & Resorts's dividend payout ratio is currently 38.86%.

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.