PineStone Asset Management Inc. Sells 9,575 Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH)

PineStone Asset Management Inc. lowered its position in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 3.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 238,525 shares of the company's stock after selling 9,575 shares during the period. PineStone Asset Management Inc. owned approximately 0.31% of Wyndham Hotels & Resorts worth $24,041,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Cetera Investment Advisers boosted its holdings in shares of Wyndham Hotels & Resorts by 4.4% during the second quarter. Cetera Investment Advisers now owns 13,282 shares of the company's stock valued at $983,000 after acquiring an additional 558 shares during the period. Sanctuary Advisors LLC bought a new position in Wyndham Hotels & Resorts in the 2nd quarter valued at about $214,000. Creative Planning grew its position in Wyndham Hotels & Resorts by 11.1% in the 3rd quarter. Creative Planning now owns 12,959 shares of the company's stock valued at $1,013,000 after buying an additional 1,294 shares in the last quarter. Venture Visionary Partners LLC bought a new position in Wyndham Hotels & Resorts in the 3rd quarter valued at about $209,000. Finally, Copeland Capital Management LLC grew its position in Wyndham Hotels & Resorts by 133.1% in the 3rd quarter. Copeland Capital Management LLC now owns 409,324 shares of the company's stock valued at $31,985,000 after buying an additional 233,754 shares in the last quarter. Institutional investors own 93.46% of the company's stock.

Wyndham Hotels & Resorts Stock Up 0.4 %

Shares of NYSE:WH traded up $0.48 during trading on Wednesday, hitting $111.87. 704,892 shares of the company's stock traded hands, compared to its average volume of 768,934. Wyndham Hotels & Resorts, Inc. has a 52 week low of $67.67 and a 52 week high of $112.16. 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 company has a market cap of $8.70 billion, a price-to-earnings ratio of 30.82, a price-to-earnings-growth ratio of 2.18 and a beta of 1.29. The company has a 50-day moving average price of $103.82 and a 200-day moving average price of $91.35.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last released its earnings results on Wednesday, February 12th. The company reported $1.04 EPS for the quarter, beating the consensus estimate of $1.00 by $0.04. Wyndham Hotels & Resorts had a return on equity of 54.86% and a net margin of 20.51%. As a group, research analysts forecast that Wyndham Hotels & Resorts, Inc. will post 4.8 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on WH shares. Jefferies Financial Group upped their price target on shares of Wyndham Hotels & Resorts from $107.00 to $120.00 and gave the company a "buy" rating in a report on Thursday, January 2nd. Barclays upped their price objective on shares of Wyndham Hotels & Resorts from $116.00 to $121.00 and gave the company an "overweight" rating in a research note on Friday, February 14th. Oppenheimer upped their target price on Wyndham Hotels & Resorts from $90.00 to $115.00 and gave the company an "outperform" rating in a report on Tuesday, November 12th. Truist Financial increased their price objective on Wyndham Hotels & Resorts from $105.00 to $122.00 and gave the stock a "buy" rating in a report on Wednesday. Finally, JPMorgan Chase & Co. increased their price objective on Wyndham Hotels & Resorts from $99.00 to $113.00 and gave the stock an "overweight" rating in a report on Friday, December 13th. Two investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company's stock. According to data from MarketBeat, Wyndham Hotels & Resorts currently has an average rating of "Moderate Buy" and a consensus target price of $113.80.

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.