Mutual of America Capital Management LLC Sells 3,489 Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Mutual of America Capital Management LLC trimmed its position in Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 6.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 51,380 shares of the company’s stock after selling 3,489 shares during the quarter. Mutual of America Capital Management LLC owned approximately 0.06% of Wyndham Hotels & Resorts worth $4,131,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Assenagon Asset Management S.A. bought a new position in Wyndham Hotels & Resorts during the fourth quarter worth $2,011,000. Wellington Management Group LLP lifted its stake in shares of 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 worth $347,812,000 after buying an additional 3,002,259 shares during the last quarter. Kennedy Capital Management LLC boosted its holdings in shares of Wyndham Hotels & Resorts by 31.5% during the 3rd quarter. Kennedy Capital Management LLC now owns 77,229 shares of the company’s stock worth $5,371,000 after buying an additional 18,511 shares during the period. Brandywine Global Investment Management LLC grew its stake in Wyndham Hotels & Resorts by 53.3% in the 3rd quarter. Brandywine Global Investment Management LLC now owns 66,851 shares of the company’s stock valued at $4,649,000 after buying an additional 23,253 shares during the last quarter. Finally, LRT Capital Management LLC grew its stake in Wyndham Hotels & Resorts by 31.2% in the 3rd quarter. LRT Capital Management LLC now owns 66,605 shares of the company’s stock valued at $4,632,000 after buying an additional 15,843 shares during the last quarter. 93.46% of the stock is owned by institutional investors.

Insider Activity

In related news, CAO Nicola Rossi sold 3,200 shares of the company’s stock in a transaction dated 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 owns 11,404 shares of the company’s stock, valued at $900,916. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 2.79% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com started coverage on Wyndham Hotels & Resorts in a report on Thursday, April 11th. They set a “hold” rating for the company. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $88.50.

Wyndham Hotels & Resorts Price Performance

NYSE:WH opened at $71.04 on Wednesday. Wyndham Hotels & Resorts, Inc. has a 52 week low of $63.69 and a 52 week 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. The firm’s 50-day simple moving average is $76.64 and its 200 day simple moving average is $76.62. The firm has a market cap of $5.75 billion, a price-to-earnings ratio of 20.89, a P/E/G ratio of 3.26 and a beta of 1.35.

Wyndham Hotels & Resorts (NYSE:WH) last announced its earnings results on Wednesday, February 14th. The company reported $0.91 EPS for the quarter, topping the consensus estimate 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 net margin of 20.74% and a return on equity of 39.91%. The business’s revenue for the quarter was down 3.9% on a year-over-year basis. During the same period last year, the firm earned $0.72 earnings per share. As a group, sell-side analysts predict that Wyndham Hotels & Resorts, Inc. will post 4.22 earnings per share for the current year.

Wyndham Hotels & Resorts Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Friday, March 15th were issued a $0.38 dividend. The ex-dividend date was Thursday, March 14th. This is a boost from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.35. This represents a $1.52 annualized dividend and a yield of 2.14%. Wyndham Hotels & Resorts’s payout ratio is currently 44.71%.

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.