Rhumbline Advisers lifted its holdings in Wyndham Hotels & Resorts Inc (NYSE:WH) by 4.5% in the first quarter, HoldingsChannel.com reports. The fund owned 275,807 shares of the company’s stock after buying an additional 11,966 shares during the quarter. Rhumbline Advisers’ holdings in Wyndham Hotels & Resorts were worth $8,691,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Credit Suisse AG boosted its stake in shares of Wyndham Hotels & Resorts by 11.1% in the fourth quarter. Credit Suisse AG now owns 75,584 shares of the company’s stock worth $4,747,000 after acquiring an additional 7,568 shares during the period. Huntington National Bank boosted its stake in Wyndham Hotels & Resorts by 95.4% during the fourth quarter. Huntington National Bank now owns 758 shares of the company’s stock valued at $48,000 after buying an additional 370 shares during the last quarter. Amalgamated Bank boosted its stake in Wyndham Hotels & Resorts by 7.1% during the fourth quarter. Amalgamated Bank now owns 23,006 shares of the company’s stock valued at $1,445,000 after buying an additional 1,527 shares during the last quarter. Atria Investments LLC bought a new position in Wyndham Hotels & Resorts during the fourth quarter valued at approximately $310,000. Finally, Citigroup Inc. boosted its stake in Wyndham Hotels & Resorts by 43.7% during the fourth quarter. Citigroup Inc. now owns 30,214 shares of the company’s stock valued at $1,898,000 after buying an additional 9,181 shares during the last quarter. 89.12% of the stock is owned by hedge funds and other institutional investors.

A number of equities analysts recently commented on the company. SunTrust Banks increased their price target on Wyndham Hotels & Resorts from $43.00 to $45.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. Zacks Investment Research lowered Wyndham Hotels & Resorts from a “hold” rating to a “strong sell” rating in a research note on Saturday, March 28th. Jefferies Financial Group increased their price target on Wyndham Hotels & Resorts from $40.00 to $48.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. Oppenheimer dropped their price target on Wyndham Hotels & Resorts from $63.00 to $55.00 and set an “outperform” rating for the company in a research note on Monday, May 4th. Finally, ValuEngine upgraded Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a research report on Tuesday, February 25th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and eight have issued a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $55.11.

In other news, Director Ronald L. Nelson acquired 5,000 shares of Wyndham Hotels & Resorts stock in a transaction on Tuesday, March 3rd. The shares were bought at an average cost of $50.00 per share, for a total transaction of $250,000.00. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Geoffrey A. Ballotti acquired 10,000 shares of Wyndham Hotels & Resorts stock in a transaction on Wednesday, May 6th. The shares were purchased at an average price of $39.39 per share, for a total transaction of $393,900.00. The disclosure for this purchase can be found here. Over the last quarter, insiders bought 25,000 shares of company stock worth $1,157,900. Company insiders own 1.84% of the company’s stock.

Shares of WH stock opened at $46.97 on Friday. The company has a debt-to-equity ratio of 2.55, a current ratio of 2.76 and a quick ratio of 2.76. The stock’s 50 day simple moving average is $36.32 and its two-hundred day simple moving average is $49.78. Wyndham Hotels & Resorts Inc has a 1 year low of $14.50 and a 1 year high of $63.66. The company has a market cap of $4.33 billion, a PE ratio of 28.47, a price-to-earnings-growth ratio of 3.44 and a beta of 1.65.

Wyndham Hotels & Resorts (NYSE:WH) last issued its quarterly earnings results on Monday, May 4th. The company reported $0.50 earnings per share for the quarter, hitting the consensus estimate of $0.50. Wyndham Hotels & Resorts had a return on equity of 25.65% and a net margin of 7.87%. The firm had revenue of $410.00 million for the quarter, compared to the consensus estimate of $368.06 million. During the same period in the prior year, the business posted $0.52 earnings per share. The company’s revenue for the quarter was down 12.4% on a year-over-year basis. Equities research analysts expect that Wyndham Hotels & Resorts Inc will post 1.34 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be issued a $0.08 dividend. The ex-dividend date of this dividend is Friday, June 12th. This represents a $0.32 annualized dividend and a dividend yield of 0.68%. Wyndham Hotels & Resorts’s payout ratio is 39.02%.

Wyndham Hotels & Resorts Profile

Wyndham Hotels & Resorts, Inc operates as a hotel franchisor worldwide. The company licenses its hotel brands, including Super 8, Days Inn, Ramada, Microtel Inn & Suites, La Quinta, Wingate, AmericInn, Hawthorn Suites, The Trademark Collection, and Wyndham to hotel owners in approximately 80 countries.

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

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