Brown Advisory Inc. Cuts Holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Brown Advisory Inc. reduced its position in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 1.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 177,088 shares of the company’s stock after selling 2,480 shares during the quarter. Brown Advisory Inc. owned 0.23% of Wyndham Hotels & Resorts worth $17,849,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the business. Bain Capital Public Equity LP acquired a new position in shares of Wyndham Hotels & Resorts during the fourth quarter valued at approximately $1,961,000. Baird Financial Group Inc. increased its position in shares of Wyndham Hotels & Resorts by 11.3% during the fourth quarter. Baird Financial Group Inc. now owns 3,491 shares of the company’s stock worth $352,000 after purchasing an additional 355 shares in the last quarter. Balyasny Asset Management L.P. purchased a new stake in shares of Wyndham Hotels & Resorts during the fourth quarter worth approximately $29,846,000. Benchstone Capital Management LP acquired a new position in Wyndham Hotels & Resorts in the 4th quarter valued at $21,338,000. Finally, BNP Paribas Financial Markets lifted its holdings in Wyndham Hotels & Resorts by 986.3% in the 4th quarter. BNP Paribas Financial Markets now owns 210,525 shares of the company’s stock valued at $21,219,000 after purchasing an additional 191,145 shares in the last quarter. 93.46% of the stock is currently owned by institutional investors and hedge funds.

Wyndham Hotels & Resorts Price Performance

WH stock opened at $83.44 on Wednesday. Wyndham Hotels & Resorts, Inc. has a 52-week low of $67.67 and a 52-week high of $113.07. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 3.72. The stock has a market cap of $6.47 billion, a price-to-earnings ratio of 22.99, a price-to-earnings-growth ratio of 1.87 and a beta of 1.08. The business has a fifty day moving average of $88.63 and a two-hundred day moving average of $96.32.

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

Wyndham Hotels & Resorts Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 17th were paid a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.97%. This is an increase from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.38. The ex-dividend date of this dividend was Monday, March 17th. Wyndham Hotels & Resorts’s payout ratio is 38.86%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Morgan Stanley dropped their target price 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. Stifel Nicolaus dropped their price objective on shares of Wyndham Hotels & Resorts from $121.00 to $102.75 and set a “buy” rating for the company in a research note on Thursday, May 1st. Barclays decreased their target price on shares of Wyndham Hotels & Resorts from $121.00 to $100.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 22nd. The Goldman Sachs Group dropped their price target on Wyndham Hotels & Resorts from $124.00 to $108.00 and set a “buy” rating for the company in a research report on Monday, April 14th. Finally, Wells Fargo & Company boosted their price objective on 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’s stock. Based on data from MarketBeat, Wyndham Hotels & Resorts presently has a consensus rating of “Moderate Buy” and a consensus price target of $108.48.

About Wyndham Hotels & Resorts

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.