Seelaus Asset Management LLC Has $257,000 Stock Position in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Seelaus Asset Management LLC lessened its holdings in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 48.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,195 shares of the company’s stock after selling 3,000 shares during the period. Seelaus Asset Management LLC’s holdings in Wyndham Hotels & Resorts were worth $257,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of WH. Allworth Financial LP raised its position in shares of Wyndham Hotels & Resorts by 62.6% during the fourth quarter. Allworth Financial LP now owns 395 shares of the company’s stock worth $32,000 after acquiring an additional 152 shares during the last quarter. Rockefeller Capital Management L.P. raised its holdings in Wyndham Hotels & Resorts by 139.3% during the 4th quarter. Rockefeller Capital Management L.P. now owns 438 shares of the company’s stock worth $31,000 after purchasing an additional 255 shares during the last quarter. Money Concepts Capital Corp acquired a new position in shares of Wyndham Hotels & Resorts in the 4th quarter worth approximately $33,000. Systematic Alpha Investments LLC bought a new stake in shares of Wyndham Hotels & Resorts in the 3rd quarter valued at $37,000. Finally, Chilton Capital Management LLC acquired a new stake in shares of Wyndham Hotels & Resorts during the fourth quarter worth $47,000. Institutional investors own 93.46% of the company’s stock.

Wyndham Hotels & Resorts Stock Performance

Shares of Wyndham Hotels & Resorts stock opened at $73.47 on Friday. The business’s fifty day simple moving average is $77.06 and its 200 day simple moving average is $76.49. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 2.90. Wyndham Hotels & Resorts, Inc. has a 12 month low of $63.69 and a 12 month high of $81.73. The firm has a market capitalization of $5.95 billion, a P/E ratio of 21.61, a price-to-earnings-growth ratio of 3.32 and a beta of 1.35.

Wyndham Hotels & Resorts (NYSE:WH) last released its earnings results on Wednesday, February 14th. The company reported $0.91 EPS for the quarter, topping analysts’ consensus estimates of $0.90 by $0.01. The company had revenue of $321.00 million for the quarter, compared to analysts’ expectations of $321.35 million. Wyndham Hotels & Resorts had a return on equity of 39.91% and a net margin of 20.74%. The business’s revenue for the quarter was down 3.9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.72 EPS. As a group, analysts anticipate that Wyndham Hotels & Resorts, Inc. will post 4.22 EPS for the current year.

Wyndham Hotels & Resorts Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 15th were issued a $0.38 dividend. The ex-dividend date was Thursday, March 14th. This represents a $1.52 annualized dividend and a yield of 2.07%. This is a positive change from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.35. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is 44.71%.

Insider Activity at Wyndham Hotels & Resorts

In other news, CAO Nicola Rossi sold 3,200 shares of Wyndham Hotels & Resorts stock in a transaction dated 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 transaction, the chief accounting officer now owns 11,404 shares in the company, valued at $900,916. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 2.79% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Separately, StockNews.com initiated coverage on shares of Wyndham Hotels & Resorts in a research report on Thursday. They set a “hold” rating on the stock. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $88.50.

About Wyndham Hotels & Resorts

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.