Rhumbline Advisers Cuts Stock Holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Rhumbline Advisers lowered its position in Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 2.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 229,771 shares of the company's stock after selling 5,348 shares during the quarter. Rhumbline Advisers owned about 0.30% of Wyndham Hotels & Resorts worth $23,159,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Equitable Trust Co. increased its stake in Wyndham Hotels & Resorts by 1.5% in the 4th quarter. Equitable Trust Co. now owns 9,295 shares of the company's stock worth $937,000 after buying an additional 135 shares during the period. M&T Bank Corp grew its holdings in Wyndham Hotels & Resorts by 4.2% during the 3rd quarter. M&T Bank Corp now owns 3,415 shares of the company's stock worth $267,000 after acquiring an additional 138 shares in the last quarter. Crossmark Global Holdings Inc. grew its holdings in Wyndham Hotels & Resorts by 2.7% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 5,674 shares of the company's stock worth $443,000 after acquiring an additional 147 shares in the last quarter. UMB Bank n.a. grew its holdings in Wyndham Hotels & Resorts by 72.7% during the 4th quarter. UMB Bank n.a. now owns 399 shares of the company's stock worth $40,000 after acquiring an additional 168 shares in the last quarter. Finally, Empowered Funds LLC grew its holdings in Wyndham Hotels & Resorts by 2.2% during the 4th quarter. Empowered Funds LLC now owns 7,846 shares of the company's stock worth $791,000 after acquiring an additional 169 shares in the last quarter. Hedge funds and other institutional investors own 93.46% of the company's stock.

Wyndham Hotels & Resorts Stock Performance

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

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

Wall Street Analyst Weigh In

WH has been the topic of several recent research reports. Robert W. Baird increased their target price on shares of Wyndham Hotels & Resorts from $108.00 to $115.00 and gave the stock an "outperform" rating in a report on Tuesday. The Goldman Sachs Group raised their price target on shares of Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the company a "buy" rating in a report on Tuesday, December 10th. Barclays raised their price target on shares of Wyndham Hotels & Resorts from $116.00 to $121.00 and gave the company an "overweight" rating in a report on Friday, February 14th. Truist Financial raised their price target on shares of Wyndham Hotels & Resorts from $105.00 to $122.00 and gave the company a "buy" rating in a report on Wednesday. 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 report on Thursday, February 13th. Two equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $113.80.

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 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.