Wyndham Hotels & Resorts, Inc. (NYSE:WH) Position Cut by Shelton Capital Management

Shelton Capital Management lowered its position in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 7.3% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 4,110 shares of the company’s stock after selling 326 shares during the period. Shelton Capital Management’s holdings in Wyndham Hotels & Resorts were worth $282,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of the company. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of Wyndham Hotels & Resorts by 5.6% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 21,917 shares of the company’s stock worth $1,487,000 after buying an additional 1,156 shares during the period. HRT Financial LP raised its stake in shares of Wyndham Hotels & Resorts by 98.2% during the first quarter. HRT Financial LP now owns 56,067 shares of the company’s stock valued at $3,804,000 after purchasing an additional 27,783 shares in the last quarter. Louisiana State Employees Retirement System lifted its holdings in Wyndham Hotels & Resorts by 7.3% in the second quarter. Louisiana State Employees Retirement System now owns 25,100 shares of the company’s stock worth $1,721,000 after purchasing an additional 1,700 shares during the period. ING Groep NV bought a new position in Wyndham Hotels & Resorts in the 1st quarter valued at about $4,920,000. Finally, Y Intercept Hong Kong Ltd increased its stake in Wyndham Hotels & Resorts by 92.2% during the 1st quarter. Y Intercept Hong Kong Ltd now owns 7,199 shares of the company’s stock valued at $488,000 after buying an additional 3,453 shares during the period. Institutional investors and hedge funds own 92.06% of the company’s stock.

Wyndham Hotels & Resorts Trading Down 0.1 %

NYSE:WH opened at $77.99 on Tuesday. The stock’s 50-day moving average is $72.58 and its two-hundred day moving average is $72.18. The company has a debt-to-equity ratio of 2.48, a current ratio of 1.07 and a quick ratio of 1.07. The stock has a market cap of $6.47 billion, a PE ratio of 22.74, a price-to-earnings-growth ratio of 7.49 and a beta of 1.37. Wyndham Hotels & Resorts, Inc. has a fifty-two week low of $63.69 and a fifty-two week high of $81.00.

Wyndham Hotels & Resorts (NYSE:WH) last released its earnings results on Wednesday, October 25th. The company reported $1.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.25 by $0.06. The company had revenue of $402.00 million during the quarter, compared to the consensus estimate of $395.44 million. Wyndham Hotels & Resorts had a net margin of 20.98% and a return on equity of 36.32%. The company’s revenue was down 1.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.21 EPS. As a group, equities research analysts forecast that Wyndham Hotels & Resorts, Inc. will post 4.01 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 27th. Shareholders of record on Wednesday, December 13th will be given a $0.35 dividend. The ex-dividend date of this dividend is Tuesday, December 12th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.80%. Wyndham Hotels & Resorts’s dividend payout ratio is currently 40.82%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on WH shares. StockNews.com initiated coverage on Wyndham Hotels & Resorts in a research report on Sunday. They set a “hold” rating on the stock. Stifel Nicolaus dropped their price target on shares of Wyndham Hotels & Resorts from $84.00 to $83.00 and set a “buy” rating on the stock in a research report on Wednesday, October 11th. Morgan Stanley lifted their price objective on shares of Wyndham Hotels & Resorts from $87.00 to $88.00 and gave the stock an “overweight” rating in a research note on Friday, October 27th. TheStreet raised shares of Wyndham Hotels & Resorts from a “c+” rating to a “b” rating in a research note on Wednesday, July 26th. Finally, HSBC began coverage on shares of Wyndham Hotels & Resorts in a research report on Monday, October 23rd. They issued a “buy” rating and a $87.00 price target on the stock. Two investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $87.00.

Wyndham Hotels & Resorts Profile

Wyndham Hotels & Resorts, Inc operates as a hotel franchisor worldwide. 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. The Hotel Management segment provides hotel management services for full-service hotels.