Raymond James Financial Services Advisors Inc. Has $677,000 Stake in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Raymond James Financial Services Advisors Inc. lifted its position in Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 11.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 8,424 shares of the company’s stock after buying an additional 875 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in Wyndham Hotels & Resorts were worth $677,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in WH. Wellington Management Group LLP lifted its position in shares of Wyndham Hotels & Resorts by 150.2% in the third 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 lifted its holdings in Wyndham Hotels & Resorts by 31.5% in the 3rd quarter. Kennedy Capital Management LLC now owns 77,229 shares of the company’s stock worth $5,371,000 after purchasing an additional 18,511 shares during the last quarter. Brandywine Global Investment Management LLC boosted its position in Wyndham Hotels & Resorts by 53.3% during the third quarter. Brandywine Global Investment Management LLC now owns 66,851 shares of the company’s stock worth $4,649,000 after purchasing an additional 23,253 shares during the period. LRT Capital Management LLC grew its holdings in Wyndham Hotels & Resorts by 31.2% during the third quarter. LRT Capital Management LLC now owns 66,605 shares of the company’s stock valued at $4,632,000 after purchasing an additional 15,843 shares during the last quarter. Finally, Handelsinvest Investeringsforvaltning bought a new position in shares of Wyndham Hotels & Resorts in the fourth quarter valued at approximately $1,516,000. Institutional investors and hedge funds own 93.46% of the company’s stock.

Insider Activity at Wyndham Hotels & Resorts

In other news, CAO Nicola Rossi sold 3,200 shares of the firm’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 transaction, the chief accounting officer now directly owns 11,404 shares of the company’s stock, valued at approximately $900,916. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.79% of the stock is currently owned by corporate insiders.

Wyndham Hotels & Resorts Trading Down 2.2 %

Shares of WH stock opened at $69.47 on Thursday. 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 1 year low of $63.69 and a 1 year high of $81.73. The firm’s fifty day simple moving average is $76.45 and its 200 day simple moving average is $76.57. The firm has a market capitalization of $5.63 billion, a P/E ratio of 20.43, a price-to-earnings-growth ratio of 3.26 and a beta of 1.35.

Wyndham Hotels & Resorts (NYSE:WH) last announced its quarterly earnings data on Wednesday, February 14th. The company reported $0.91 EPS for the quarter, beating analysts’ consensus estimates of $0.90 by $0.01. Wyndham Hotels & Resorts had a net margin of 20.74% and a return on equity of 39.91%. The business had revenue of $321.00 million during the quarter, compared to analyst estimates of $321.35 million. During the same quarter in the prior year, the business earned $0.72 earnings per share. The firm’s revenue for the quarter was down 3.9% on a year-over-year basis. As a group, sell-side analysts predict 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. Stockholders of record on Friday, March 15th were given a dividend of $0.38 per share. 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 dividend on an annualized basis and a dividend yield of 2.19%. Wyndham Hotels & Resorts’s payout ratio is currently 44.71%.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on shares of Wyndham Hotels & Resorts in a research note on Thursday, April 11th. They issued a “hold” rating on the stock. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $88.50.

Wyndham Hotels & Resorts Company 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.