Kennedy Capital Management LLC Sells 2,126 Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Kennedy Capital Management LLC lessened its position in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 2.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 75,103 shares of the company’s stock after selling 2,126 shares during the quarter. Kennedy Capital Management LLC owned about 0.09% of Wyndham Hotels & Resorts worth $5,764,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of WH. Allworth Financial LP raised its stake in shares of Wyndham Hotels & Resorts by 62.6% during the 4th quarter. Allworth Financial LP now owns 395 shares of the company’s stock worth $32,000 after acquiring an additional 152 shares in the last quarter. TFO Wealth Partners LLC raised its stake in shares of Wyndham Hotels & Resorts by 41,100.0% during the 4th quarter. TFO Wealth Partners LLC now owns 824 shares of the company’s stock worth $66,000 after acquiring an additional 822 shares in the last quarter. Concord Wealth Partners raised its stake in shares of Wyndham Hotels & Resorts by 70.8% during the 1st quarter. Concord Wealth Partners now owns 1,023 shares of the company’s stock worth $79,000 after acquiring an additional 424 shares in the last quarter. Signaturefd LLC raised its stake in shares of Wyndham Hotels & Resorts by 24.1% during the 4th quarter. Signaturefd LLC now owns 1,052 shares of the company’s stock worth $85,000 after acquiring an additional 204 shares in the last quarter. Finally, Clear Street Markets LLC bought a new position in shares of Wyndham Hotels & Resorts during the 4th quarter worth approximately $105,000. Institutional investors own 93.46% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have issued reports on WH. Truist Financial cut their price target on shares of Wyndham Hotels & Resorts from $105.00 to $104.00 and set a “buy” rating on the stock in a research note on Friday, July 26th. Stifel Nicolaus cut their price target on shares of Wyndham Hotels & Resorts from $91.50 to $89.00 and set a “buy” rating on the stock in a research note on Thursday, July 25th. Barclays upped their price target on shares of Wyndham Hotels & Resorts from $88.00 to $90.00 and gave the company an “overweight” rating in a research note on Friday, July 26th. StockNews.com began coverage on shares of Wyndham Hotels & Resorts in a research note on Saturday, June 22nd. They set a “hold” rating on the stock. Finally, Susquehanna began coverage on shares of Wyndham Hotels & Resorts in a research note on Friday, June 21st. They set a “neutral” rating and a $80.00 price target on the stock. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $89.43.

Wyndham Hotels & Resorts Stock Performance

NYSE WH traded down $2.03 during mid-day trading on Wednesday, reaching $76.20. 66,120 shares of the stock were exchanged, compared to its average volume of 761,956. The business’s 50 day moving average is $72.63 and its 200-day moving average is $74.73. Wyndham Hotels & Resorts, Inc. has a 1 year low of $65.63 and a 1 year high of $81.73. The company has a market capitalization of $6.02 billion, a P/E ratio of 27.74, a P/E/G ratio of 2.67 and a beta of 1.34. The company has a debt-to-equity ratio of 3.83, a quick ratio of 0.90 and a current ratio of 0.90.

Wyndham Hotels & Resorts (NYSE:WH) last announced its quarterly earnings results on Wednesday, July 24th. The company reported $1.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.03 by $0.10. Wyndham Hotels & Resorts had a net margin of 18.28% and a return on equity of 47.05%. The firm had revenue of $367.00 million for the quarter, compared to the consensus estimate of $370.58 million. During the same period in the prior year, the firm posted $0.93 earnings per share. The firm’s quarterly revenue was up 1.4% compared to the same quarter last year. On average, equities research analysts forecast that Wyndham Hotels & Resorts, Inc. will post 4.27 EPS for the current fiscal year.

Wyndham Hotels & Resorts Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Friday, June 14th were issued a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a yield of 1.99%. The ex-dividend date of this dividend was Friday, June 14th. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is presently 53.90%.

Insider Buying and Selling

In other Wyndham Hotels & Resorts news, CFO Michele Allen sold 1,264 shares of the stock in a transaction on Friday, May 24th. The shares were sold at an average price of $69.46, for a total transaction of $87,797.44. Following the transaction, the chief financial officer now directly owns 24,997 shares of the company’s stock, valued at $1,736,291.62. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other Wyndham Hotels & Resorts news, CAO Nicola Rossi sold 7,297 shares of the stock in a transaction on Friday, July 26th. The shares were sold at an average price of $76.70, for a total transaction of $559,679.90. Following the transaction, the chief accounting officer now directly owns 4,107 shares of the company’s stock, valued at $315,006.90. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CFO Michele Allen sold 1,264 shares of the stock in a transaction on Friday, May 24th. The shares were sold at an average price of $69.46, for a total transaction of $87,797.44. Following the transaction, the chief financial officer now directly owns 24,997 shares in the company, valued at $1,736,291.62. The disclosure for this sale can be found here. Over the last three months, insiders have sold 18,254 shares of company stock valued at $1,314,144. Corporate insiders own 2.79% of the company’s stock.

About Wyndham Hotels & Resorts

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.