Capital Fund Management S.A. bought a new stake in shares of Wyndham Hotels & Resorts (NYSE:WH – Free Report) during the 2nd quarter, HoldingsChannel reports. The firm bought 46,622 shares of the company’s stock, valued at approximately $3,786,000.
Other hedge funds have also recently modified their holdings of the company. Nuveen LLC bought a new position in shares of Wyndham Hotels & Resorts during the first quarter valued at $70,353,000. Champlain Investment Partners LLC purchased a new position in Wyndham Hotels & Resorts in the 2nd quarter worth about $39,681,000. Samlyn Capital LLC lifted its stake in Wyndham Hotels & Resorts by 144.7% during the 1st quarter. Samlyn Capital LLC now owns 661,554 shares of the company’s stock valued at $59,877,000 after acquiring an additional 391,181 shares during the period. Boston Partners boosted its holdings in shares of Wyndham Hotels & Resorts by 9.1% during the 2nd quarter. Boston Partners now owns 3,130,373 shares of the company’s stock valued at $254,449,000 after acquiring an additional 261,530 shares during the last quarter. Finally, Long Pond Capital LP bought a new stake in shares of Wyndham Hotels & Resorts in the first quarter worth approximately $21,103,000. Hedge funds and other institutional investors own 93.46% of the company’s stock.
Wyndham Hotels & Resorts Trading Up 0.3%
NYSE:WH opened at $73.10 on Wednesday. Wyndham Hotels & Resorts has a one year low of $69.21 and a one year high of $113.07. The business has a fifty day moving average price of $75.72 and a 200-day moving average price of $81.83. The firm has a market capitalization of $5.52 billion, a price-to-earnings ratio of 16.80, a price-to-earnings-growth ratio of 1.91 and a beta of 0.77. The company has a debt-to-equity ratio of 4.43, a current ratio of 1.16 and a quick ratio of 1.16.
Wyndham Hotels & Resorts Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 30th. Stockholders of record on Monday, December 15th will be paid a $0.41 dividend. The ex-dividend date of this dividend is Monday, December 15th. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.2%. Wyndham Hotels & Resorts’s dividend payout ratio is 37.70%.
Insider Activity at Wyndham Hotels & Resorts
In other Wyndham Hotels & Resorts news, General Counsel Paul F. Cash sold 36,379 shares of the firm’s stock in a transaction dated Friday, November 14th. The stock was sold at an average price of $71.66, for a total transaction of $2,606,919.14. Following the sale, the general counsel directly owned 39,123 shares of the company’s stock, valued at $2,803,554.18. This trade represents a 48.18% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 2.46% of the stock is owned by insiders.
Analyst Ratings Changes
WH has been the topic of a number of research analyst reports. Robert W. Baird lowered their price objective on shares of Wyndham Hotels & Resorts from $93.00 to $89.00 and set an “outperform” rating on the stock in a research report on Tuesday, October 28th. Wall Street Zen downgraded Wyndham Hotels & Resorts from a “hold” rating to a “sell” rating in a research note on Saturday. Susquehanna cut their price objective on Wyndham Hotels & Resorts from $95.00 to $80.00 and set a “neutral” rating for the company in a report on Monday, October 27th. Wells Fargo & Company started coverage on Wyndham Hotels & Resorts in a report on Tuesday, November 18th. They issued an “equal weight” rating and a $82.00 target price on the stock. Finally, Stifel Nicolaus dropped their target price on Wyndham Hotels & Resorts from $103.50 to $95.50 and set a “buy” rating on the stock in a research report on Thursday, October 23rd. Nine research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $96.77.
View Our Latest Research Report on WH
Wyndham Hotels & Resorts Profile
Wyndham Hotels & Resorts, Inc engages in the franchise and operation of hotels under the Wyndham brand. It operates through the Hotel Franchising and Hotel Management segments. The Hotel Franchising segment focuses on licensing the company’s lodging brands and providing related services to third-party hotel owners and others.
Further Reading
- Five stocks we like better than Wyndham Hotels & Resorts
- Dividend Screener: How to Evaluate Dividend Stocks Before Buying
- Wall Street’s Sleeping Giant: Is Amazon About to Wake Up?
- Investing in Commodities: What Are They? How to Invest in Them
- Checkmate in the Cloud: ServiceNow’s Shopping Spree
- 3 Fintech Stocks With Good 2021 Prospects
- The Contrarian Case for MSTR Amid MSCI Delisting Debacle
Want to see what other hedge funds are holding WH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Wyndham Hotels & Resorts (NYSE:WH – Free Report).
Receive News & Ratings for Wyndham Hotels & Resorts Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wyndham Hotels & Resorts and related companies with MarketBeat.com's FREE daily email newsletter.
