Retirement Systems of Alabama Has $13.30 Million Holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Retirement Systems of Alabama lessened its holdings in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 0.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 165,405 shares of the company’s stock after selling 1,299 shares during the quarter. Retirement Systems of Alabama’s holdings in Wyndham Hotels & Resorts were worth $13,300,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in WH. Wellington Management Group LLP raised its stake in Wyndham Hotels & Resorts by 150.2% during the 3rd quarter. Wellington Management Group LLP now owns 5,001,611 shares of the company’s stock worth $347,812,000 after buying an additional 3,002,259 shares during the period. Invesco Ltd. raised its stake in shares of Wyndham Hotels & Resorts by 55.2% in the 3rd quarter. Invesco Ltd. now owns 1,337,980 shares of the company’s stock valued at $93,043,000 after purchasing an additional 475,682 shares during the period. PointState Capital LP acquired a new stake in shares of Wyndham Hotels & Resorts in the 3rd quarter valued at about $18,646,000. Deutsche Bank AG raised its stake in shares of Wyndham Hotels & Resorts by 146.4% in the 3rd quarter. Deutsche Bank AG now owns 301,159 shares of the company’s stock valued at $20,943,000 after purchasing an additional 178,948 shares during the period. Finally, Tudor Investment Corp Et Al raised its stake in shares of Wyndham Hotels & Resorts by 169.0% in the 3rd quarter. Tudor Investment Corp Et Al now owns 130,868 shares of the company’s stock valued at $9,101,000 after purchasing an additional 82,215 shares during the period. Institutional investors and hedge funds own 93.46% of the company’s stock.

Insider Buying and Selling

In related news, CAO Nicola Rossi sold 3,200 shares of Wyndham Hotels & Resorts stock in a transaction dated Tuesday, March 12th. The stock was sold at an average price of $79.00, for a total transaction of $252,800.00. Following the completion of the transaction, the chief accounting officer now owns 11,404 shares in the company, valued at $900,916. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 2.79% of the stock is currently owned by corporate insiders.

Wyndham Hotels & Resorts Price Performance

Shares of NYSE WH opened at $72.93 on Thursday. The stock has a market capitalization of $5.88 billion, a price-to-earnings ratio of 25.86, a PEG ratio of 2.57 and a beta of 1.33. The business has a 50-day moving average of $75.20 and a 200-day moving average of $76.90. The company has a debt-to-equity ratio of 3.27, a current ratio of 0.70 and a quick ratio of 0.70. Wyndham Hotels & Resorts, Inc. has a fifty-two week low of $63.69 and a fifty-two week high of $81.73.

Wyndham Hotels & Resorts (NYSE:WH) last announced its quarterly earnings data on Wednesday, April 24th. The company reported $0.78 earnings per share for the quarter, beating the consensus estimate of $0.75 by $0.03. The company had revenue of $305.00 million during the quarter, compared to analysts’ expectations of $308.24 million. Wyndham Hotels & Resorts had a return on equity of 41.83% and a net margin of 17.19%. Wyndham Hotels & Resorts’s revenue for the quarter was down 2.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.86 EPS. As a group, sell-side analysts predict that Wyndham Hotels & Resorts, Inc. will post 4.24 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 15th were issued a dividend of $0.38 per share. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $1.52 dividend on an annualized basis and a yield of 2.08%. This is a boost from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.35. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is presently 53.90%.

Wall Street Analysts Forecast Growth

WH has been the topic of several recent research reports. Robert W. Baird lifted their price target on Wyndham Hotels & Resorts from $86.00 to $88.00 and gave the company an “outperform” rating in a research note on Friday, April 26th. StockNews.com initiated coverage on Wyndham Hotels & Resorts in a research note on Saturday, April 27th. They issued a “hold” rating on the stock. Finally, Barclays lifted their price target on Wyndham Hotels & Resorts from $87.00 to $88.00 and gave the company an “overweight” rating in a research note on Friday, April 26th. One research analyst has rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $88.17.

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.