Wyndham Hotels & Resorts, Inc. (NYSE:WH) Shares Sold by Algert Global LLC

Algert Global LLC trimmed its holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 23.9% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 86,126 shares of the company's stock after selling 27,052 shares during the period. Algert Global LLC owned 0.11% of Wyndham Hotels & Resorts worth $6,373,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the business. Retirement Systems of Alabama boosted its stake in shares of Wyndham Hotels & Resorts by 40.1% during the first quarter. Retirement Systems of Alabama now owns 231,671 shares of the company's stock valued at $17,781,000 after acquiring an additional 66,266 shares during the last quarter. Burgundy Asset Management Ltd. raised its position in shares of Wyndham Hotels & Resorts by 3.7% in the fourth quarter. Burgundy Asset Management Ltd. now owns 1,276,150 shares of the company's stock valued at $102,615,000 after buying an additional 45,062 shares during the last quarter. TimesSquare Capital Management LLC acquired a new position in shares of Wyndham Hotels & Resorts in the first quarter valued at approximately $1,382,000. Morningstar Investment Services LLC lifted its stake in shares of Wyndham Hotels & Resorts by 98.8% during the fourth quarter. Morningstar Investment Services LLC now owns 354,948 shares of the company's stock valued at $28,701,000 after buying an additional 176,381 shares during the period. Finally, Van ECK Associates Corp acquired a new stake in Wyndham Hotels & Resorts during the first quarter worth approximately $2,292,000. 93.46% of the stock is currently owned by hedge funds and other institutional investors.

Wyndham Hotels & Resorts Stock Down 3.3 %

NYSE:WH traded down $2.65 during mid-day trading on Monday, hitting $78.14. The company had a trading volume of 980,604 shares, compared to its average volume of 739,628. The business has a fifty day simple moving average of $76.62 and a 200-day simple moving average of $74.20. The firm has a market capitalization of $6.17 billion, a price-to-earnings ratio of 28.65, a PEG ratio of 2.80 and a beta of 1.33. Wyndham Hotels & Resorts, Inc. has a 1 year low of $65.63 and a 1 year high of $81.73. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 3.83.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last released its quarterly earnings results on Wednesday, July 24th. The company reported $1.13 EPS for the quarter, topping the consensus estimate of $1.03 by $0.10. Wyndham Hotels & Resorts had a return on equity of 47.05% and a net margin of 18.28%. The firm had revenue of $367.00 million for the quarter, compared to analyst estimates of $370.58 million. During the same period in the previous year, the company posted $0.93 EPS. Wyndham Hotels & Resorts's revenue for the quarter was up 1.4% on a year-over-year basis. Equities analysts forecast that Wyndham Hotels & Resorts, Inc. will post 4.27 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Friday, September 13th were issued a $0.38 dividend. The ex-dividend date of this dividend was Friday, September 13th. This represents a $1.52 dividend on an annualized basis and a yield of 1.95%. Wyndham Hotels & Resorts's dividend payout ratio is currently 53.90%.

Insider Buying and Selling at Wyndham Hotels & Resorts

In other Wyndham Hotels & Resorts news, insider Monica Melancon sold 5,040 shares of the firm's stock in a transaction that occurred on Friday, September 6th. The stock was sold at an average price of $77.66, for a total transaction of $391,406.40. Following the completion of the sale, the insider now owns 10,606 shares in the company, valued at approximately $823,661.96. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. In other news, insider Monica Melancon sold 5,040 shares of the stock in a transaction dated Friday, September 6th. The shares were sold at an average price of $77.66, for a total transaction of $391,406.40. Following the transaction, the insider now owns 10,606 shares of the company's stock, valued at $823,661.96. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Nicola Rossi sold 7,297 shares of the business's stock in a transaction dated Friday, July 26th. The shares were sold at an average price of $76.70, for a total value of $559,679.90. Following the completion of the sale, the chief accounting officer now directly owns 4,107 shares of the company's stock, valued at $315,006.90. The disclosure for this sale can be found here. Insiders sold a total of 12,640 shares of company stock valued at $974,351 in the last ninety days. Insiders own 2.79% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on WH. Stifel Nicolaus reduced their price target on Wyndham Hotels & Resorts from $91.50 to $89.00 and set a "buy" rating on the stock in a research note on Thursday, July 25th. Truist Financial reduced their target price on Wyndham Hotels & Resorts from $105.00 to $104.00 and set a "buy" rating on the stock in a research report on Friday, July 26th. The Goldman Sachs Group began coverage on Wyndham Hotels & Resorts in a report on Wednesday, September 18th. They issued a "buy" rating and a $96.00 price target for the company. StockNews.com upgraded shares of Wyndham Hotels & Resorts from a "sell" rating to a "hold" rating in a report on Thursday, September 19th. Finally, Susquehanna started coverage on shares of Wyndham Hotels & Resorts in a research note on Friday, June 21st. They set a "neutral" rating and a $80.00 price target on the stock. Two research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, Wyndham Hotels & Resorts currently has an average rating of "Moderate Buy" and a consensus target price of $90.25.

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.