AQR Capital Management LLC Has $10.35 Million Stake in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

AQR Capital Management LLC boosted its stake in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 185.4% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 140,439 shares of the company's stock after purchasing an additional 91,239 shares during the period. AQR Capital Management LLC owned 0.17% of Wyndham Hotels & Resorts worth $10,346,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. lifted its position in shares of Wyndham Hotels & Resorts by 7.5% in the first quarter. Vanguard Group Inc. now owns 8,311,078 shares of the company's stock valued at $637,875,000 after buying an additional 581,909 shares during the last quarter. Capital Research Global Investors lifted its position in shares of Wyndham Hotels & Resorts by 0.3% in the first quarter. Capital Research Global Investors now owns 7,192,076 shares of the company's stock valued at $551,992,000 after buying an additional 23,549 shares during the last quarter. Wellington Management Group LLP lifted its position in shares of Wyndham Hotels & Resorts by 10.9% in the fourth quarter. Wellington Management Group LLP now owns 5,545,099 shares of the company's stock valued at $445,881,000 after buying an additional 543,488 shares during the last quarter. Boston Partners lifted its position in shares of Wyndham Hotels & Resorts by 15.4% in the first quarter. Boston Partners now owns 3,227,106 shares of the company's stock valued at $247,646,000 after buying an additional 430,053 shares during the last quarter. Finally, Burgundy Asset Management Ltd. increased its stake in shares of Wyndham Hotels & Resorts by 70.9% during the second quarter. Burgundy Asset Management Ltd. now owns 2,210,658 shares of the company's stock worth $163,589,000 after purchasing an additional 916,742 shares during the period. 93.46% of the stock is owned by institutional investors and hedge funds.

Wyndham Hotels & Resorts Price Performance

Shares of WH stock traded down $0.70 during trading hours on Thursday, reaching $77.84. The company's stock had a trading volume of 419,776 shares, compared to its average volume of 735,103. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 3.83. Wyndham Hotels & Resorts, Inc. has a fifty-two week low of $65.63 and a fifty-two week high of $81.73. The company has a market capitalization of $6.27 billion, a price-to-earnings ratio of 27.44, a PEG ratio of 2.80 and a beta of 1.33. The firm's 50 day simple moving average is $76.93 and its 200-day simple moving average is $74.23.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last released its quarterly earnings data on Wednesday, July 24th. The company reported $1.13 earnings per share for the quarter, beating 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 company had revenue of $367.00 million for the quarter, compared to the consensus estimate of $370.58 million. During the same quarter last year, the business posted $0.93 EPS. Wyndham Hotels & Resorts's revenue for the quarter was up 1.4% on a year-over-year basis. Sell-side analysts forecast that Wyndham Hotels & Resorts, Inc. will post 4.27 earnings per share for the current year.

Wyndham Hotels & Resorts Dividend Announcement

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

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. StockNews.com upgraded Wyndham Hotels & Resorts from a "sell" rating to a "hold" rating in a research note on Thursday, September 19th. Truist Financial lowered their price objective on Wyndham Hotels & Resorts from $105.00 to $104.00 and set a "buy" rating on the stock in a research note on Friday, July 26th. Stifel Nicolaus lowered their price objective 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. Susquehanna assumed coverage on Wyndham Hotels & Resorts in a research note on Friday, June 21st. They set a "neutral" rating and a $80.00 price objective on the stock. Finally, Barclays raised their price objective on Wyndham Hotels & Resorts from $88.00 to $90.00 and gave the stock an "overweight" rating in a research note on Friday, July 26th. Two equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $90.25.

Insider Activity at Wyndham Hotels & Resorts

In other news, CAO Nicola Rossi sold 7,297 shares of the stock in a transaction on Friday, July 26th. The shares were sold at an average price of $76.70, for a total transaction of $559,679.90. Following the completion of the sale, the chief accounting officer now directly owns 4,107 shares in the company, valued at $315,006.90. The transaction was disclosed in a filing with the SEC, which is available at this link. In other news, insider Monica Melancon sold 5,040 shares of the company's 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 in the company, valued at $823,661.96. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Nicola Rossi sold 7,297 shares of the firm'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 owns 4,107 shares of the company's stock, valued at $315,006.90. The disclosure for this sale can be found here. Insiders have sold a total of 12,640 shares of company stock valued at $974,351 in the last 90 days. 2.79% of the stock is owned by corporate insiders.

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.