Wyndham Hotels & Resorts, Inc. (NYSE:WH) Shares Sold by New York State Teachers Retirement System

New York State Teachers Retirement System decreased its position in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 5.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 82,683 shares of the company's stock after selling 4,400 shares during the quarter. New York State Teachers Retirement System owned 0.11% of Wyndham Hotels & Resorts worth $8,334,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Banque Pictet & Cie SA lifted its stake in Wyndham Hotels & Resorts by 0.5% during the 4th quarter. Banque Pictet & Cie SA now owns 110,812 shares of the company's stock valued at $11,169,000 after acquiring an additional 552 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new position in shares of Wyndham Hotels & Resorts during the fourth quarter worth $18,764,000. Allspring Global Investments Holdings LLC lifted its position in Wyndham Hotels & Resorts by 71.9% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 84,468 shares of the company's stock valued at $8,430,000 after purchasing an additional 35,329 shares during the period. Equitable Trust Co. boosted its holdings in Wyndham Hotels & Resorts by 1.5% in the fourth quarter. Equitable Trust Co. now owns 9,295 shares of the company's stock valued at $937,000 after purchasing an additional 135 shares during the last quarter. Finally, Empowered Funds LLC boosted its holdings in Wyndham Hotels & Resorts by 2.2% in the fourth quarter. Empowered Funds LLC now owns 7,846 shares of the company's stock valued at $791,000 after purchasing an additional 169 shares during the last quarter. Institutional investors and hedge funds own 93.46% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on WH shares. Barclays boosted their price objective on Wyndham Hotels & Resorts from $116.00 to $121.00 and gave the company an "overweight" rating in a report on Friday, February 14th. Oppenheimer upped their price objective on Wyndham Hotels & Resorts from $90.00 to $115.00 and gave the stock an "outperform" rating in a research report on Tuesday, November 12th. Wells Fargo & Company lifted their target price on shares of Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the company an "overweight" rating in a report on Friday, February 14th. Jefferies Financial Group increased their price target on shares of Wyndham Hotels & Resorts from $107.00 to $120.00 and gave the stock a "buy" rating in a report on Thursday, January 2nd. Finally, Stifel Nicolaus raised their price target on shares of Wyndham Hotels & Resorts from $113.00 to $121.00 and gave the company a "buy" rating in a research report on Thursday, February 13th. Two investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat.com, Wyndham Hotels & Resorts presently has a consensus rating of "Moderate Buy" and an average target price of $113.80.

Wyndham Hotels & Resorts Price Performance

NYSE:WH traded down $2.97 during trading hours on Friday, reaching $108.94. 1,095,842 shares of the company were exchanged, compared to its average volume of 775,528. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 3.72. The firm has a market cap of $8.47 billion, a PE ratio of 30.01, a price-to-earnings-growth ratio of 1.87 and a beta of 1.29. Wyndham Hotels & Resorts, Inc. has a twelve month low of $67.67 and a twelve month high of $113.07. The stock's 50-day moving average is $103.98 and its 200-day moving average is $91.49.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last released its quarterly earnings results on Wednesday, February 12th. The company reported $1.04 earnings per share for the quarter, topping 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, sell-side analysts anticipate that Wyndham Hotels & Resorts, Inc. will post 4.79 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Profile

Wyndham Hotels & Resorts, Inc engages in the franchise and operation of hotels under the Wyndham brand. It operates through the following segments: Hotel Franchising, Hotel Management, and Corporate and Other. The Hotel Franchising segment focuses on licensing the company's lodging brands and providing related services to third-party hotel owners and others.