Wyndham Hotels & Resorts, Inc. (NYSE:WH) Shares Bought by Tributary Capital Management LLC

Tributary Capital Management LLC lifted its stake in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 46.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,336 shares of the company’s stock after acquiring an additional 3,284 shares during the period. Tributary Capital Management LLC’s holdings in Wyndham Hotels & Resorts were worth $1,042,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Thrivent Financial for Lutherans raised its stake in Wyndham Hotels & Resorts by 40.8% during the third quarter. Thrivent Financial for Lutherans now owns 1,747,295 shares of the company’s stock worth $136,533,000 after purchasing an additional 506,593 shares during the period. TimesSquare Capital Management LLC raised its position in shares of Wyndham Hotels & Resorts by 284,590.0% in the 3rd quarter. TimesSquare Capital Management LLC now owns 284,690 shares of the company’s stock worth $22,246,000 after buying an additional 284,590 shares during the period. Copeland Capital Management LLC boosted its holdings in Wyndham Hotels & Resorts by 133.1% in the third quarter. Copeland Capital Management LLC now owns 409,324 shares of the company’s stock valued at $31,985,000 after acquiring an additional 233,754 shares during the last quarter. Millennium Management LLC grew its position in Wyndham Hotels & Resorts by 12.6% during the second quarter. Millennium Management LLC now owns 1,174,404 shares of the company’s stock valued at $86,906,000 after acquiring an additional 131,848 shares during the period. Finally, Brown Brothers Harriman & Co. increased its stake in Wyndham Hotels & Resorts by 31.5% during the third quarter. Brown Brothers Harriman & Co. now owns 476,556 shares of the company’s stock worth $37,238,000 after acquiring an additional 114,084 shares during the last quarter. 93.46% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. StockNews.com raised Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a research note on Friday, November 1st. Robert W. Baird lifted their price target on shares of Wyndham Hotels & Resorts from $92.00 to $97.00 and gave the company an “outperform” rating in a research report on Friday, October 25th. JPMorgan Chase & Co. increased their price objective on shares of Wyndham Hotels & Resorts from $99.00 to $113.00 and gave the stock an “overweight” rating in a research report on Friday, December 13th. The Goldman Sachs Group lifted their target price on shares of Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the company a “buy” rating in a report on Tuesday, December 10th. Finally, Oppenheimer increased their price target on Wyndham Hotels & Resorts from $90.00 to $115.00 and gave the company an “outperform” rating in a report on Tuesday, November 12th. Two analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $108.10.

Wyndham Hotels & Resorts Trading Down 0.6 %

NYSE:WH opened at $104.86 on Friday. The stock has a market cap of $8.16 billion, a price-to-earnings ratio of 33.29, a price-to-earnings-growth ratio of 2.22 and a beta of 1.30. Wyndham Hotels & Resorts, Inc. has a one year low of $67.67 and a one year high of $106.16. The company has a debt-to-equity ratio of 4.19, a quick ratio of 0.97 and a current ratio of 0.97. The business’s 50-day simple moving average is $100.70 and its 200 day simple moving average is $87.16.

Wyndham Hotels & Resorts (NYSE:WH) last announced its earnings results on Wednesday, October 23rd. The company reported $1.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.38 by $0.01. Wyndham Hotels & Resorts had a return on equity of 51.79% and a net margin of 18.29%. The company had revenue of $396.00 million for the quarter, compared to analyst estimates of $408.32 million. During the same period in the prior year, the company posted $1.31 EPS. Wyndham Hotels & Resorts’s quarterly revenue was down 1.5% on a year-over-year basis. As a group, sell-side analysts predict that Wyndham Hotels & Resorts, Inc. will post 4.29 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, December 27th. Investors of record on Friday, December 13th were issued a $0.38 dividend. The ex-dividend date was Friday, December 13th. This represents a $1.52 annualized dividend and a yield of 1.45%. Wyndham Hotels & Resorts’s dividend payout ratio is presently 48.25%.

Insider Buying and Selling at Wyndham Hotels & Resorts

In related news, insider Scott R. Strickland sold 2,850 shares of the business’s stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $88.14, for a total value of $251,199.00. Following the completion of the sale, the insider now directly owns 26,062 shares of the company’s stock, valued at $2,297,104.68. The trade was a 9.86 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 2.79% of the stock is currently owned by insiders.

About Wyndham Hotels & Resorts

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