Childress Capital Advisors LLC acquired a new stake in Wyndham Hotels & Resorts, Inc. (NYSE:WH) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 1,260 shares of the company’s stock, valued at approximately $75,000.
A number of other hedge funds also recently made changes to their positions in WH. NEXT Financial Group Inc lifted its position in Wyndham Hotels & Resorts by 70.2% in the fourth quarter. NEXT Financial Group Inc now owns 417 shares of the company’s stock valued at $25,000 after purchasing an additional 172 shares during the last quarter. Valeo Financial Advisors LLC raised its holdings in shares of Wyndham Hotels & Resorts by 3,647.5% during the fourth quarter. Valeo Financial Advisors LLC now owns 1,499 shares of the company’s stock valued at $89,000 after acquiring an additional 1,459 shares in the last quarter. Concord Wealth Partners bought a new position in shares of Wyndham Hotels & Resorts during the fourth quarter valued at approximately $121,000. Winslow Evans & Crocker Inc. raised its holdings in shares of Wyndham Hotels & Resorts by 251.6% during the fourth quarter. Winslow Evans & Crocker Inc. now owns 2,507 shares of the company’s stock valued at $149,000 after acquiring an additional 1,794 shares in the last quarter. Finally, IBM Retirement Fund bought a new position in shares of Wyndham Hotels & Resorts during the fourth quarter valued at approximately $203,000. Hedge funds and other institutional investors own 93.02% of the company’s stock.
A number of equities analysts have issued reports on the company. Gordon Haskett increased their price objective on Wyndham Hotels & Resorts from $64.00 to $66.00 and gave the stock a “buy” rating in a report on Tuesday, January 5th. Zacks Investment Research cut Wyndham Hotels & Resorts from a “hold” rating to a “sell” rating in a research note on Saturday, February 13th. Finally, Oppenheimer increased their target price on Wyndham Hotels & Resorts from $55.00 to $70.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 12th. One research analyst has rated the stock with a sell rating and twelve have issued a buy rating to the stock. Wyndham Hotels & Resorts has an average rating of “Buy” and an average target price of $59.08.
Wyndham Hotels & Resorts (NYSE:WH) last released its quarterly earnings data on Wednesday, February 10th. The company reported $0.07 EPS for the quarter, beating the consensus estimate of $0.04 by $0.03. Wyndham Hotels & Resorts had a positive return on equity of 21.25% and a negative net margin of 2.50%. The company had revenue of $296.00 million for the quarter, compared to analysts’ expectations of $294.60 million. During the same period last year, the firm posted $0.81 earnings per share. Wyndham Hotels & Resorts’s revenue was down 39.8% compared to the same quarter last year. As a group, sell-side analysts expect that Wyndham Hotels & Resorts, Inc. will post 1.14 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 31st. Investors of record on Wednesday, March 17th were given a dividend of $0.16 per share. The ex-dividend date of this dividend was Tuesday, March 16th. This is a boost from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.08. This represents a $0.64 annualized dividend and a dividend yield of 0.88%. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is 19.51%.
In other Wyndham Hotels & Resorts news, Director Stephen P. Holmes sold 27,293 shares of the firm’s stock in a transaction dated Friday, February 26th. The stock was sold at an average price of $65.13, for a total value of $1,777,593.09. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 1.84% of the company’s stock.
Wyndham Hotels & Resorts Company Profile
Wyndham Hotels & Resorts, Inc operates as a hotel franchisor worldwide. 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. The Hotel Management segment provides hotel management services for full-service and limited service hotels.
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