Greenland Capital Management LP Sells 7,000 Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Greenland Capital Management LP lowered its position in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 53.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 6,000 shares of the company's stock after selling 7,000 shares during the quarter. Greenland Capital Management LP's holdings in Wyndham Hotels & Resorts were worth $605,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of WH. Renaissance Technologies LLC grew its stake in shares of Wyndham Hotels & Resorts by 103.7% in the fourth quarter. Renaissance Technologies LLC now owns 50,100 shares of the company's stock worth $5,050,000 after acquiring an additional 25,500 shares during the last quarter. Bank of Nova Scotia lifted its position in Wyndham Hotels & Resorts by 1,332.7% during the fourth quarter. Bank of Nova Scotia now owns 71,061 shares of the company's stock valued at $7,162,000 after purchasing an additional 66,101 shares during the period. FIL Ltd boosted its stake in shares of Wyndham Hotels & Resorts by 226.6% in the 4th quarter. FIL Ltd now owns 454 shares of the company's stock worth $46,000 after buying an additional 315 shares during the last quarter. Bank of Montreal Can grew its stake in shares of Wyndham Hotels & Resorts by 4.5% during the 4th quarter. Bank of Montreal Can now owns 13,030 shares of the company's stock valued at $1,313,000 after purchasing an additional 561 shares during the period. Finally, Envestnet Asset Management Inc. increased its holdings in Wyndham Hotels & Resorts by 4.1% during the fourth quarter. Envestnet Asset Management Inc. now owns 130,581 shares of the company's stock valued at $13,161,000 after buying an additional 5,182 shares during the last quarter. Institutional investors own 93.46% of the company's stock.

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Wyndham Hotels & Resorts Trading Down 1.5 %

NYSE:WH traded down $1.24 during mid-day trading on Monday, hitting $83.22. 134,576 shares of the stock traded hands, compared to its average volume of 829,786. The stock has a market capitalization of $6.45 billion, a price-to-earnings ratio of 22.93, a PEG ratio of 1.87 and a beta of 1.11. The firm's 50 day moving average is $97.10 and its two-hundred day moving average is $95.98. Wyndham Hotels & Resorts, Inc. has a 52 week low of $67.67 and a 52 week high of $113.07. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 3.72.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last released its quarterly earnings data on Wednesday, February 12th. The company reported $1.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.00 by $0.04. Wyndham Hotels & Resorts had a net margin of 20.51% and a return on equity of 54.86%. On average, equities research analysts predict that Wyndham Hotels & Resorts, Inc. will post 4.79 earnings per share for the current year.

Wyndham Hotels & Resorts Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 17th were given a dividend of $0.41 per share. This is an increase from Wyndham Hotels & Resorts's previous quarterly dividend of $0.38. The ex-dividend date of this dividend was Monday, March 17th. This represents a $1.64 dividend on an annualized basis and a yield of 1.97%. Wyndham Hotels & Resorts's dividend payout ratio (DPR) is 45.18%.

Analyst Ratings Changes

Several research firms have issued reports on WH. Truist Financial cut their price target on Wyndham Hotels & Resorts from $122.00 to $119.00 and set a "buy" rating for the company in a report on Friday, March 21st. Stifel Nicolaus upped their price objective on Wyndham Hotels & Resorts from $113.00 to $121.00 and gave the stock a "buy" rating in a research note on Thursday, February 13th. Redburn Atlantic raised Wyndham Hotels & Resorts from a "neutral" rating to a "buy" rating and set a $115.00 price target on the stock in a report on Monday, March 24th. Jefferies Financial Group reduced their price objective on shares of Wyndham Hotels & Resorts from $125.00 to $110.00 and set a "buy" rating on the stock in a research report on Wednesday, April 9th. Finally, Robert W. Baird lifted their price target on shares of Wyndham Hotels & Resorts from $108.00 to $115.00 and gave the company an "outperform" rating in a report on Tuesday, February 18th. Two investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $115.25.

Wyndham Hotels & Resorts Company 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.