Hudson Bay Capital Management LP Makes New Investment in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Hudson Bay Capital Management LP purchased a new position in Wyndham Hotels & Resorts, Inc. (NYSE:WH) in the 4th quarter, HoldingsChannel reports. The fund purchased 84,020 shares of the company’s stock, valued at approximately $8,468,000.

Several other institutional investors have also modified their holdings of WH. Bessemer Group Inc. increased its position in shares of Wyndham Hotels & Resorts by 24,953.8% in the 4th quarter. Bessemer Group Inc. now owns 1,333,615 shares of the company’s stock valued at $134,414,000 after purchasing an additional 1,328,292 shares during the last quarter. Norges Bank acquired a new position in shares of Wyndham Hotels & Resorts during the fourth quarter worth $104,774,000. JPMorgan Chase & Co. grew its stake in shares of Wyndham Hotels & Resorts by 404.8% during the fourth quarter. JPMorgan Chase & Co. now owns 1,213,027 shares of the company’s stock worth $122,261,000 after purchasing an additional 972,708 shares in the last quarter. Freestone Grove Partners LP acquired a new position in shares of Wyndham Hotels & Resorts during the fourth quarter worth $54,738,000. Finally, Balyasny Asset Management L.P. acquired a new position in shares of Wyndham Hotels & Resorts during the fourth quarter worth $29,846,000. Institutional investors and hedge funds own 93.46% of the company’s stock.

Wyndham Hotels & Resorts Trading Up 0.3%

NYSE WH opened at $84.51 on Monday. The company has a debt-to-equity ratio of 3.72, a quick ratio of 1.00 and a current ratio of 1.00. The firm has a market cap of $6.51 billion, a PE ratio of 23.28, a P/E/G ratio of 1.87 and a beta of 1.08. Wyndham Hotels & Resorts, Inc. has a one year low of $67.67 and a one year high of $113.07. The firm’s fifty day moving average is $87.30 and its two-hundred day moving average is $96.40.

Wyndham Hotels & Resorts (NYSE:WH) last posted its quarterly earnings data on Wednesday, April 30th. The company reported $0.86 EPS for the quarter, beating analysts’ consensus estimates of $0.82 by $0.04. The company had revenue of $316.00 million for the quarter, compared to analyst estimates of $320.10 million. Wyndham Hotels & Resorts had a net margin of 20.51% and a return on equity of 54.86%. Wyndham Hotels & Resorts’s quarterly revenue was up 3.6% on a year-over-year basis. During the same period in the previous year, the business posted $0.78 earnings per share. Analysts expect that Wyndham Hotels & Resorts, Inc. will post 4.79 earnings per share for the current year.

Wyndham Hotels & Resorts Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 17th were paid a $0.41 dividend. The ex-dividend date of this dividend was Monday, March 17th. This is a positive change from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.38. This represents a $1.64 dividend on an annualized basis and a yield of 1.94%. Wyndham Hotels & Resorts’s payout ratio is currently 38.86%.

Analyst Ratings Changes

A number of equities analysts recently commented on the stock. Barclays lowered their target price on shares of Wyndham Hotels & Resorts from $121.00 to $100.00 and set an “overweight” rating for the company in a research note on Tuesday, April 22nd. The Goldman Sachs Group lowered their target price on shares of Wyndham Hotels & Resorts from $124.00 to $108.00 and set a “buy” rating for the company in a research note on Monday, April 14th. Robert W. Baird lowered their target price on shares of Wyndham Hotels & Resorts from $107.00 to $99.00 and set an “outperform” rating for the company in a research note on Tuesday, May 6th. Susquehanna boosted their target price on shares of Wyndham Hotels & Resorts from $80.00 to $110.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 25th. Finally, Wells Fargo & Company boosted their target price on shares of Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the stock an “overweight” rating in a research note on Friday, February 14th. Two investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $108.48.

Wyndham Hotels & Resorts Profile

Wyndham Hotels & Resorts, Inc engages in the franchise and operation of hotels under the Wyndham brand. It operates through the Hotel Franchising and Hotel Management segments. The Hotel Franchising segment focuses on licensing the company’s lodging brands and providing related services to third-party hotel owners and others.