Oak Thistle LLC Has $664,000 Holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Oak Thistle LLC cut its holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WHFree Report) by 47.8% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,253 shares of the company’s stock after selling 7,544 shares during the quarter. Oak Thistle LLC’s holdings in Wyndham Hotels & Resorts were worth $664,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Rockefeller Capital Management L.P. boosted its stake in Wyndham Hotels & Resorts by 139.3% in the fourth quarter. Rockefeller Capital Management L.P. now owns 438 shares of the company’s stock valued at $31,000 after buying an additional 255 shares in the last quarter. Money Concepts Capital Corp acquired a new stake in Wyndham Hotels & Resorts in the fourth quarter valued at about $33,000. Systematic Alpha Investments LLC acquired a new stake in Wyndham Hotels & Resorts in the third quarter valued at about $37,000. Point72 Hong Kong Ltd acquired a new stake in Wyndham Hotels & Resorts in the second quarter valued at about $46,000. Finally, Chilton Capital Management LLC acquired a new stake in Wyndham Hotels & Resorts in the fourth quarter valued at about $47,000. 93.46% of the stock is owned by institutional investors and hedge funds.

Wyndham Hotels & Resorts Stock Performance

Shares of WH stock opened at $74.09 on Wednesday. The business’s 50-day moving average price is $77.86 and its 200-day moving average price is $76.52. Wyndham Hotels & Resorts, Inc. has a 12 month low of $63.69 and a 12 month high of $81.73. The firm has a market capitalization of $6.00 billion, a price-to-earnings ratio of 21.79, a PEG ratio of 3.43 and a beta of 1.35. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 2.90.

Wyndham Hotels & Resorts (NYSE:WHGet Free Report) last announced its quarterly earnings results on Wednesday, February 14th. The company reported $0.91 EPS for the quarter, beating analysts’ consensus estimates of $0.90 by $0.01. Wyndham Hotels & Resorts had a return on equity of 39.91% and a net margin of 20.74%. The firm had revenue of $321.00 million for the quarter, compared to analyst estimates of $321.35 million. During the same period last year, the firm posted $0.72 earnings per share. The business’s revenue for the quarter was down 3.9% on a year-over-year basis. Equities research analysts forecast that Wyndham Hotels & Resorts, Inc. will post 4.22 EPS for the current year.

Wyndham Hotels & Resorts Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 15th were paid a $0.38 dividend. This is a positive change from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.35. This represents a $1.52 dividend on an annualized basis and a dividend yield of 2.05%. The ex-dividend date was Thursday, March 14th. Wyndham Hotels & Resorts’s payout ratio is currently 44.71%.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on Wyndham Hotels & Resorts in a research note on Wednesday. They issued a “hold” rating on the stock. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, Wyndham Hotels & Resorts has an average rating of “Moderate Buy” and a consensus target price of $87.14.

Read Our Latest Stock Analysis on WH

Insider Buying and Selling

In related news, CAO Nicola Rossi sold 3,200 shares of Wyndham Hotels & Resorts stock in a transaction that occurred on Tuesday, March 12th. The stock was sold at an average price of $79.00, for a total value of $252,800.00. Following the transaction, the chief accounting officer now directly owns 11,404 shares of the company’s stock, valued at $900,916. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 2.79% of the stock is owned by insiders.

Wyndham Hotels & Resorts Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding WH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Wyndham Hotels & Resorts, Inc. (NYSE:WHFree Report).

Institutional Ownership by Quarter for Wyndham Hotels & Resorts (NYSE:WH)

Receive News & Ratings for Wyndham Hotels & Resorts Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wyndham Hotels & Resorts and related companies with MarketBeat.com's FREE daily email newsletter.