Teachers Retirement System of The State of Kentucky Decreases Stock Holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Teachers Retirement System of The State of Kentucky trimmed its position in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 7.5% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 50,095 shares of the company’s stock after selling 4,078 shares during the period. Teachers Retirement System of The State of Kentucky’s holdings in Wyndham Hotels & Resorts were worth $3,915,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of WH. M&T Bank Corp raised its position in shares of Wyndham Hotels & Resorts by 4.2% in the 3rd quarter. M&T Bank Corp now owns 3,415 shares of the company’s stock valued at $267,000 after purchasing an additional 138 shares during the last quarter. Nomura Asset Management Co. Ltd. raised its position in shares of Wyndham Hotels & Resorts by 86.4% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 410 shares of the company’s stock valued at $32,000 after purchasing an additional 190 shares during the last quarter. MML Investors Services LLC raised its position in shares of Wyndham Hotels & Resorts by 3.4% in the 3rd quarter. MML Investors Services LLC now owns 27,384 shares of the company’s stock valued at $2,140,000 after purchasing an additional 902 shares during the last quarter. iSAM Funds UK Ltd purchased a new position in shares of Wyndham Hotels & Resorts in the 3rd quarter valued at approximately $538,000. Finally, Stifel Financial Corp raised its position in shares of Wyndham Hotels & Resorts by 91.9% in the 3rd quarter. Stifel Financial Corp now owns 30,665 shares of the company’s stock valued at $2,396,000 after purchasing an additional 14,688 shares during the last quarter. 93.46% of the stock is owned by hedge funds and other institutional investors.

Wyndham Hotels & Resorts Price Performance

Shares of NYSE WH opened at $103.34 on Friday. The stock has a market capitalization of $8.04 billion, a price-to-earnings ratio of 32.81, a PEG ratio of 2.43 and a beta of 1.32. Wyndham Hotels & Resorts, Inc. has a 12 month low of $67.67 and a 12 month high of $105.12. The firm’s 50 day simple moving average is $92.21 and its 200-day simple moving average is $80.94. The company has a debt-to-equity ratio of 4.19, a current ratio of 0.97 and a quick ratio of 0.97.

Wyndham Hotels & Resorts (NYSE:WH) last issued its quarterly earnings data on Wednesday, October 23rd. The company reported $1.39 EPS for the quarter, topping analysts’ consensus estimates of $1.38 by $0.01. Wyndham Hotels & Resorts had a net margin of 18.29% and a return on equity of 51.79%. The business had revenue of $396.00 million for the quarter, compared to analysts’ expectations of $408.32 million. During the same quarter last year, the company earned $1.31 EPS. The business’s revenue was down 1.5% on a year-over-year basis. Analysts expect that Wyndham Hotels & Resorts, Inc. will post 4.29 EPS for the current year.

Wyndham Hotels & Resorts Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, December 27th. Investors of record on Friday, December 13th will be paid a $0.38 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $1.52 dividend on an annualized basis and a yield of 1.47%. Wyndham Hotels & Resorts’s dividend payout ratio is currently 48.25%.

Wall Street Analysts Forecast Growth

WH has been the topic of several research reports. The Goldman Sachs Group increased their price target on shares of Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the stock a “buy” rating in a report on Tuesday. Barclays increased their price target on shares of Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the stock an “overweight” rating in a report on Friday. Stifel Nicolaus increased their price target on shares of Wyndham Hotels & Resorts from $92.00 to $107.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. Oppenheimer increased their price target on shares of Wyndham Hotels & Resorts from $90.00 to $115.00 and gave the stock an “outperform” rating in a report on Tuesday, November 12th. Finally, Truist Financial increased their price target on shares of Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the stock a “buy” rating in a report on Friday, October 25th. Three equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $105.56.

Insider Activity at Wyndham Hotels & Resorts

In related news, Director Stephen P. Holmes sold 80,000 shares of Wyndham Hotels & Resorts stock in a transaction on Friday, October 25th. The shares were sold at an average price of $91.01, for a total value of $7,280,800.00. Following the sale, the director now owns 366,371 shares of the company’s stock, valued at approximately $33,343,424.71. This trade represents a 17.92 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Scott R. Strickland sold 2,850 shares of the firm’s stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $88.14, for a total value of $251,199.00. Following the completion of the transaction, the insider now owns 26,062 shares in the company, valued at $2,297,104.68. The trade was a 9.86 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 97,850 shares of company stock valued at $8,881,849. 2.79% of the stock is owned by company 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.