Interval Partners LP Invests $31.99 Million in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Interval Partners LP acquired a new stake in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 317,398 shares of the company’s stock, valued at approximately $31,991,000.

A number of other large investors have also modified their holdings of the company. Trust Co. of Vermont increased its holdings in Wyndham Hotels & Resorts by 434.8% in the 4th quarter. Trust Co. of Vermont now owns 246 shares of the company’s stock valued at $25,000 after buying an additional 200 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in Wyndham Hotels & Resorts by 508.7% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 280 shares of the company’s stock valued at $28,000 after acquiring an additional 234 shares during the period. Smartleaf Asset Management LLC raised its position in Wyndham Hotels & Resorts by 46.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 343 shares of the company’s stock worth $35,000 after purchasing an additional 108 shares in the last quarter. UMB Bank n.a. lifted its stake in Wyndham Hotels & Resorts by 72.7% during the fourth quarter. UMB Bank n.a. now owns 399 shares of the company’s stock worth $40,000 after purchasing an additional 168 shares during the period. Finally, Quarry LP acquired a new stake in Wyndham Hotels & Resorts during the fourth quarter valued at approximately $41,000. 93.46% of the stock is currently owned by institutional investors and hedge funds.

Wyndham Hotels & Resorts Trading Up 0.3 %

Shares of NYSE WH opened at $84.51 on Friday. Wyndham Hotels & Resorts, Inc. has a 1-year low of $67.67 and a 1-year high of $113.07. The company has a 50-day moving average of $87.30 and a two-hundred day moving average of $96.35. The company 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. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 3.72.

Wyndham Hotels & Resorts (NYSE:WH) last posted its quarterly earnings data on Wednesday, April 30th. The company reported $0.86 earnings per share for the quarter, topping the consensus estimate of $0.82 by $0.04. The firm had revenue of $316.00 million during the quarter, compared to analysts’ expectations 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 revenue was up 3.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.78 EPS. As a group, equities analysts expect that Wyndham Hotels & Resorts, Inc. will post 4.79 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 17th were paid a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a dividend yield of 1.94%. 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. Wyndham Hotels & Resorts’s dividend payout ratio is 38.86%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the company. Susquehanna increased their target price on Wyndham Hotels & Resorts from $80.00 to $110.00 and gave the stock a “neutral” rating in a report on Tuesday, February 25th. Robert W. Baird dropped their price objective on 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. Redburn Atlantic raised Wyndham Hotels & Resorts from a “neutral” rating to a “buy” rating and set a $115.00 price objective for the company in a report on Monday, March 24th. 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 on the stock in a report on Monday, April 14th. Finally, Morgan Stanley cut their price target on shares of Wyndham Hotels & Resorts from $102.00 to $94.00 and set an “overweight” rating for the company in a report on Tuesday, April 22nd. Two investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Wyndham Hotels & Resorts has an average rating of “Moderate Buy” and an average price target of $108.48.

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 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.