Wyndham Hotels & Resorts, Inc. (NYSE:WH) is RBO & Co. LLC’s 7th Largest Position

RBO & Co. LLC cut its position in Wyndham Hotels & Resorts, Inc. (NYSE:WHFree Report) by 1.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 270,907 shares of the company’s stock after selling 4,084 shares during the quarter. Wyndham Hotels & Resorts accounts for 3.7% of RBO & Co. LLC’s portfolio, making the stock its 7th largest position. RBO & Co. LLC owned 0.33% of Wyndham Hotels & Resorts worth $21,784,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Allworth Financial LP raised its holdings in 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 acquiring an additional 152 shares in the last quarter. Systematic Alpha Investments LLC acquired a new stake in Wyndham Hotels & Resorts in the third quarter valued at $37,000. Chilton Capital Management LLC acquired a new stake in Wyndham Hotels & Resorts in the fourth quarter valued at $47,000. Covestor Ltd raised its holdings in Wyndham Hotels & Resorts by 68.3% in the third quarter. Covestor Ltd now owns 813 shares of the company’s stock valued at $57,000 after acquiring an additional 330 shares in the last quarter. Finally, TFO Wealth Partners LLC raised its holdings in Wyndham Hotels & Resorts by 41,100.0% in the fourth quarter. TFO Wealth Partners LLC now owns 824 shares of the company’s stock valued at $66,000 after acquiring an additional 822 shares in the last quarter. 93.46% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have recently commented on WH shares. StockNews.com assumed coverage on shares of Wyndham Hotels & Resorts in a report on Wednesday, May 29th. They issued a “hold” rating for the company. Barclays lifted their target price on Wyndham Hotels & Resorts from $87.00 to $88.00 and gave the company an “overweight” rating in a research note on Friday, April 26th. Finally, Robert W. Baird increased their price target on Wyndham Hotels & Resorts from $86.00 to $88.00 and gave the stock an “outperform” rating in a research report on Friday, April 26th. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, Wyndham Hotels & Resorts currently has an average rating of “Moderate Buy” and a consensus target price of $88.17.

Read Our Latest Research Report on WH

Wyndham Hotels & Resorts Price Performance

Shares of NYSE WH traded down $0.72 during midday trading on Wednesday, reaching $69.55. The company’s stock had a trading volume of 42,936 shares, compared to its average volume of 695,954. Wyndham Hotels & Resorts, Inc. has a one year low of $65.54 and a one year high of $81.73. The company has a market cap of $5.60 billion, a price-to-earnings ratio of 24.92, a price-to-earnings-growth ratio of 2.45 and a beta of 1.33. The company has a 50 day moving average price of $72.25 and a 200 day moving average price of $76.40. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 3.27.

Wyndham Hotels & Resorts (NYSE:WHGet Free Report) last issued its earnings results on Wednesday, April 24th. The company reported $0.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.75 by $0.03. Wyndham Hotels & Resorts had a return on equity of 41.83% and a net margin of 17.19%. The business had revenue of $305.00 million for the quarter, compared to analysts’ expectations of $308.24 million. During the same period in the previous year, the firm posted $0.86 EPS. The company’s quarterly revenue was down 2.6% on a year-over-year basis. On average, equities research analysts expect that Wyndham Hotels & Resorts, Inc. will post 4.25 EPS for the current year.

Wyndham Hotels & Resorts Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be issued a $0.38 dividend. This represents a $1.52 annualized dividend and a dividend yield of 2.19%. The ex-dividend date of this dividend is Friday, June 14th. Wyndham Hotels & Resorts’s payout ratio is 53.90%.

Insiders Place Their Bets

In other Wyndham Hotels & Resorts news, insider Scott R. Strickland sold 4,076 shares of the firm’s stock in a transaction dated Thursday, May 30th. The shares were sold at an average price of $67.81, for a total value of $276,393.56. Following the completion of the transaction, the insider now directly owns 28,912 shares in the company, valued at $1,960,522.72. The sale was disclosed in a filing with the SEC, which is accessible through this link. In other news, CAO Nicola Rossi sold 3,200 shares of the stock in a transaction that occurred on Tuesday, March 12th. The shares were sold at an average price of $79.00, for a total value of $252,800.00. Following the completion of the sale, the chief accounting officer now directly owns 11,404 shares of the company’s stock, valued at $900,916. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Scott R. Strickland sold 4,076 shares of the stock in a transaction that occurred on Thursday, May 30th. The stock was sold at an average price of $67.81, for a total transaction of $276,393.56. Following the completion of the sale, the insider now directly owns 28,912 shares of the company’s stock, valued at $1,960,522.72. The disclosure for this sale can be found here. Insiders sold a total of 210,133 shares of company stock worth $15,383,027 over the last ninety days. 2.79% of the stock is currently owned by company insiders.

Wyndham Hotels & Resorts Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Wyndham Hotels & Resorts (NYSE:WH)

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