Zurcher Kantonalbank Zurich Cantonalbank Sells 7,115 Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Zurcher Kantonalbank Zurich Cantonalbank trimmed its position in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 28.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 18,041 shares of the company’s stock after selling 7,115 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Wyndham Hotels & Resorts were worth $1,451,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of WH. Wellington Management Group LLP boosted its position in Wyndham Hotels & Resorts by 150.2% during the 3rd quarter. Wellington Management Group LLP now owns 5,001,611 shares of the company’s stock valued at $347,812,000 after acquiring an additional 3,002,259 shares in the last quarter. Invesco Ltd. boosted its position in shares of Wyndham Hotels & Resorts by 55.2% in the 3rd quarter. Invesco Ltd. now owns 1,337,980 shares of the company’s stock worth $93,043,000 after purchasing an additional 475,682 shares in the last quarter. PointState Capital LP bought a new stake in shares of Wyndham Hotels & Resorts in the 3rd quarter worth approximately $18,646,000. Deutsche Bank AG boosted its position in shares of Wyndham Hotels & Resorts by 146.4% in the 3rd quarter. Deutsche Bank AG now owns 301,159 shares of the company’s stock worth $20,943,000 after purchasing an additional 178,948 shares in the last quarter. Finally, Tudor Investment Corp Et Al boosted its position in shares of Wyndham Hotels & Resorts by 169.0% in the 3rd quarter. Tudor Investment Corp Et Al now owns 130,868 shares of the company’s stock worth $9,101,000 after purchasing an additional 82,215 shares in the last quarter. 93.46% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

WH has been the topic of a number of analyst reports. StockNews.com initiated coverage on Wyndham Hotels & Resorts in a research report on Friday, April 19th. They issued a “hold” rating on the stock. Robert W. Baird dropped their price target on Wyndham Hotels & Resorts from $87.00 to $86.00 and set an “outperform” rating on the stock in a research report on Friday, April 19th. Finally, Barclays lowered their price objective on Wyndham Hotels & Resorts from $90.00 to $87.00 and set an “overweight” rating on the stock in a research report on Friday, April 19th. 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 presently has a consensus rating of “Moderate Buy” and a consensus target price of $88.00.

Insider Transactions at Wyndham Hotels & Resorts

In other news, CAO Nicola Rossi sold 3,200 shares of Wyndham Hotels & Resorts stock in a transaction on Tuesday, March 12th. The shares were sold at an average price of $79.00, for a total transaction of $252,800.00. Following the completion of the sale, the chief accounting officer now directly owns 11,404 shares in the company, valued at $900,916. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders own 2.79% of the company’s stock.

Wyndham Hotels & Resorts Stock Performance

Shares of NYSE:WH opened at $75.41 on Friday. The firm has a market cap of $6.11 billion, a PE ratio of 26.74, a price-to-earnings-growth ratio of 2.99 and a beta of 1.35. The firm’s 50 day simple moving average is $75.59 and its 200-day simple moving average is $76.67. Wyndham Hotels & Resorts, Inc. has a one year low of $63.69 and a one year high of $81.73. The company has a debt-to-equity ratio of 2.90, a quick ratio of 0.81 and a current ratio of 0.81.

Wyndham Hotels & Resorts (NYSE:WH) last issued its quarterly earnings data on Wednesday, April 24th. The company reported $0.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.75 by $0.03. The company had revenue of $305.00 million for the quarter, compared to analyst estimates of $308.24 million. Wyndham Hotels & Resorts had a net margin of 17.19% and a return on equity of 39.89%. Wyndham Hotels & Resorts’s revenue was down 2.6% compared to the same quarter last year. During the same period last year, the company posted $0.86 earnings per share. As a group, equities analysts predict that Wyndham Hotels & Resorts, Inc. will post 4.19 EPS for the current year.

Wyndham Hotels & Resorts Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Friday, March 15th were paid a dividend of $0.38 per share. This is an increase from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.35. This represents a $1.52 annualized dividend and a dividend yield of 2.02%. The ex-dividend date of this dividend was Thursday, March 14th. Wyndham Hotels & Resorts’s payout ratio is presently 53.90%.

Wyndham Hotels & Resorts Profile

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.