Wyndham Hotels & Resorts, Inc. (NYSE:WH) Stock Holdings Boosted by Retirement Systems of Alabama

Retirement Systems of Alabama lifted its position in Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 40.1% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 231,671 shares of the company’s stock after buying an additional 66,266 shares during the period. Retirement Systems of Alabama owned approximately 0.29% of Wyndham Hotels & Resorts worth $17,781,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Envestnet Asset Management Inc. lifted its stake in Wyndham Hotels & Resorts by 5.0% during the third quarter. Envestnet Asset Management Inc. now owns 49,629 shares of the company’s stock valued at $3,451,000 after purchasing an additional 2,383 shares during the last quarter. Treasurer of the State of North Carolina lifted its position in shares of Wyndham Hotels & Resorts by 0.5% during the 3rd quarter. Treasurer of the State of North Carolina now owns 36,914 shares of the company’s stock valued at $2,567,000 after acquiring an additional 180 shares during the last quarter. Tower Research Capital LLC TRC boosted its stake in shares of Wyndham Hotels & Resorts by 31.2% during the 3rd quarter. Tower Research Capital LLC TRC now owns 6,483 shares of the company’s stock worth $451,000 after acquiring an additional 1,540 shares in the last quarter. AQR Capital Management LLC grew its holdings in shares of Wyndham Hotels & Resorts by 1.5% in the 3rd quarter. AQR Capital Management LLC now owns 156,582 shares of the company’s stock worth $10,889,000 after acquiring an additional 2,384 shares during the last quarter. Finally, Alps Advisors Inc. raised its position in shares of Wyndham Hotels & Resorts by 380.1% during the third quarter. Alps Advisors Inc. now owns 61,445 shares of the company’s stock worth $4,273,000 after purchasing an additional 48,647 shares during the period. Institutional investors own 93.46% of the company’s stock.

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 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 transaction, the insider now owns 28,912 shares in the company, valued at approximately $1,960,522.72. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. In other news, insider Scott R. Strickland sold 4,076 shares of the company’s stock in a transaction that occurred on Thursday, May 30th. The shares were 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 owns 28,912 shares of the company’s stock, valued at approximately $1,960,522.72. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Scott R. Strickland sold 4,040 shares of Wyndham Hotels & Resorts stock in a transaction that occurred on Friday, May 24th. The shares were sold at an average price of $69.46, for a total transaction of $280,618.40. Following the completion of the transaction, the insider now directly owns 28,722 shares in the company, valued at $1,995,030.12. The disclosure for this sale can be found here. Insiders have sold a total of 206,933 shares of company stock worth $15,130,227 in the last quarter. Corporate insiders own 2.79% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently weighed in on WH shares. StockNews.com assumed coverage on Wyndham Hotels & Resorts in a research report on Saturday, June 22nd. They set a “hold” rating on the stock. Barclays increased their price target on shares of Wyndham Hotels & Resorts from $87.00 to $88.00 and gave the stock an “overweight” rating in a research report on Friday, April 26th. Susquehanna started coverage on shares of Wyndham Hotels & Resorts in a report on Friday, June 21st. They set a “neutral” rating and a $80.00 price target for the company. Finally, Robert W. Baird upped their price objective on shares of Wyndham Hotels & Resorts from $86.00 to $88.00 and gave the company an “outperform” rating in a research note on Friday, April 26th. Two equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $87.00.

Wyndham Hotels & Resorts Price Performance

Shares of WH traded down $0.46 during trading hours on Friday, hitting $72.34. The stock had a trading volume of 658,152 shares, compared to its average volume of 749,644. The stock has a market capitalization of $5.83 billion, a price-to-earnings ratio of 25.46, a P/E/G ratio of 2.53 and a beta of 1.34. The company has a debt-to-equity ratio of 3.27, a current ratio of 0.70 and a quick ratio of 0.70. The company’s fifty day moving average is $71.93 and its two-hundred day moving average is $75.52. Wyndham Hotels & Resorts, Inc. has a 52 week low of $65.63 and a 52 week high of $81.73.

Wyndham Hotels & Resorts (NYSE:WH) last posted its earnings results on Wednesday, April 24th. The company reported $0.78 earnings per share for the quarter, topping analysts’ consensus estimates of $0.75 by $0.03. The business had revenue of $305.00 million for the quarter, compared to analyst estimates of $308.24 million. Wyndham Hotels & Resorts had a return on equity of 41.83% and a net margin of 17.19%. The firm’s revenue was down 2.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.86 EPS. On average, analysts anticipate that Wyndham Hotels & Resorts, Inc. will post 4.26 EPS for the current year.

Wyndham Hotels & Resorts Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Friday, June 14th were given a dividend of $0.38 per share. The ex-dividend date was Friday, June 14th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 2.10%. Wyndham Hotels & Resorts’s payout ratio is presently 53.90%.

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.