First National Bank of Mount Dora Trust Investment Services raised its stake in shares of Wyndham Hotels & Resorts Inc (NYSE:WH) by 1.0% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 57,473 shares of the company’s stock after buying an additional 550 shares during the quarter. First National Bank of Mount Dora Trust Investment Services’ holdings in Wyndham Hotels & Resorts were worth $3,610,000 at the end of the most recent reporting period.
A number of other hedge funds also recently bought and sold shares of the business. Ballast Inc. grew its position in Wyndham Hotels & Resorts by 5.9% during the third quarter. Ballast Inc. now owns 4,289 shares of the company’s stock worth $221,000 after buying an additional 238 shares in the last quarter. NEXT Financial Group Inc raised its holdings in shares of Wyndham Hotels & Resorts by 90.8% in the 4th quarter. NEXT Financial Group Inc now owns 540 shares of the company’s stock valued at $34,000 after acquiring an additional 257 shares in the last quarter. Huntington National Bank boosted its position in shares of Wyndham Hotels & Resorts by 95.4% during the 4th quarter. Huntington National Bank now owns 758 shares of the company’s stock valued at $48,000 after acquiring an additional 370 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of Wyndham Hotels & Resorts by 7.4% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,116 shares of the company’s stock valued at $316,000 after acquiring an additional 422 shares during the last quarter. Finally, Nisa Investment Advisors LLC grew its holdings in shares of Wyndham Hotels & Resorts by 2.2% during the third quarter. Nisa Investment Advisors LLC now owns 23,200 shares of the company’s stock worth $1,200,000 after purchasing an additional 500 shares in the last quarter. 91.39% of the stock is owned by institutional investors and hedge funds.
In other Wyndham Hotels & Resorts news, insider Thomas Hunter Barber sold 3,091 shares of the business’s stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $57.62, for a total value of $178,103.42. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Chairman Stephen P. Holmes sold 25,000 shares of the stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $54.88, for a total transaction of $1,372,000.00. The disclosure for this sale can be found here. 1.90% of the stock is owned by insiders.
Shares of NYSE:WH traded down $0.94 on Friday, reaching $58.46. 23,972 shares of the company traded hands, compared to its average volume of 601,394. The stock has a market capitalization of $5.73 billion, a P/E ratio of 42.01, a price-to-earnings-growth ratio of 1.52 and a beta of 1.15. The business’s 50-day simple moving average is $60.74 and its 200 day simple moving average is $55.80. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 1.70. Wyndham Hotels & Resorts Inc has a 52 week low of $48.26 and a 52 week high of $63.66.
Wyndham Hotels & Resorts (NYSE:WH) last released its earnings results on Tuesday, October 29th. The company reported $1.10 earnings per share for the quarter, beating analysts’ consensus estimates of $1.00 by $0.10. The company had revenue of $560.00 million during the quarter, compared to analyst estimates of $576.90 million. Wyndham Hotels & Resorts had a return on equity of 22.24% and a net margin of 6.47%. Wyndham Hotels & Resorts’s revenue for the quarter was down 7.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.85 EPS. Sell-side analysts expect that Wyndham Hotels & Resorts Inc will post 3.27 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Friday, December 13th were paid a $0.29 dividend. The ex-dividend date was Thursday, December 12th. This represents a $1.16 dividend on an annualized basis and a yield of 1.98%. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is currently 42.80%.
Wyndham Hotels & Resorts Profile
Wyndham Hotels & Resorts, Inc operates as a hotel franchisor worldwide. The company licenses its hotel brands, including Super 8, Days Inn, Ramada, Microtel Inn & Suites, La Quinta, Wingate, AmericInn, Hawthorn Suites, The Trademark Collection, and Wyndham to hotel owners in approximately 80 countries.
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