Wyndham Hotels & Resorts, Inc. (NYSE:WH) Shares Sold by Leith Wheeler Investment Counsel Ltd.

Leith Wheeler Investment Counsel Ltd. trimmed its holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 3.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 97,849 shares of the company’s stock after selling 3,478 shares during the period. Leith Wheeler Investment Counsel Ltd.’s holdings in Wyndham Hotels & Resorts were worth $9,862,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Trust Co. of Vermont increased its position in Wyndham Hotels & Resorts by 434.8% during the fourth quarter. Trust Co. of Vermont now owns 246 shares of the company’s stock worth $25,000 after purchasing an additional 200 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in Wyndham Hotels & Resorts by 508.7% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 280 shares of the company’s stock worth $28,000 after buying an additional 234 shares during the period. 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. UMB Bank n.a. boosted its stake in Wyndham Hotels & Resorts by 72.7% during the fourth quarter. UMB Bank n.a. now owns 399 shares of the company’s stock worth $40,000 after buying an additional 168 shares during the period. Finally, Quarry LP purchased a new position in Wyndham Hotels & Resorts during the fourth quarter worth about $41,000. 93.46% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. Robert W. Baird increased their target price on shares of Wyndham Hotels & Resorts from $108.00 to $115.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 18th. Barclays lowered their price objective on shares of Wyndham Hotels & Resorts from $121.00 to $100.00 and set an “overweight” rating for the company in a research note on Tuesday, April 22nd. Susquehanna raised 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. Jefferies Financial Group lowered their price objective on shares of Wyndham Hotels & Resorts from $125.00 to $110.00 and set a “buy” rating for the company in a research note on Wednesday, April 9th. Finally, Redburn Atlantic raised shares of Wyndham Hotels & Resorts from a “neutral” rating to a “buy” rating and set a $115.00 price objective for the company in a research note on Monday, March 24th. Two equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. According to MarketBeat, Wyndham Hotels & Resorts has an average rating of “Moderate Buy” and an average price target of $111.33.

Wyndham Hotels & Resorts Stock Performance

NYSE:WH opened at $86.49 on Tuesday. The firm has a market capitalization of $6.70 billion, a PE ratio of 23.83, a price-to-earnings-growth ratio of 1.87 and a beta of 1.11. The business’s fifty day moving average price is $91.42 and its 200 day moving average price is $96.29. The company has a debt-to-equity ratio of 3.72, a current ratio of 1.00 and a quick ratio of 1.00. Wyndham Hotels & Resorts, Inc. has a 12 month low of $67.67 and a 12 month high of $113.07.

Wyndham Hotels & Resorts (NYSE:WH) last posted its earnings results on Wednesday, February 12th. The company reported $1.04 EPS for the quarter, beating the consensus estimate of $1.00 by $0.04. Wyndham Hotels & Resorts had a return on equity of 54.86% and a net margin of 20.51%. On average, sell-side analysts anticipate that Wyndham Hotels & Resorts, Inc. will post 4.79 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 17th were issued a dividend of $0.41 per share. This is a positive change from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.38. The ex-dividend date was Monday, March 17th. This represents a $1.64 annualized dividend and a dividend yield of 1.90%. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is presently 45.18%.

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.