LRT Capital Management LLC Increases Holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

LRT Capital Management LLC raised its position in Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 83.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 45,414 shares of the company’s stock after buying an additional 20,602 shares during the period. Wyndham Hotels & Resorts comprises approximately 3.6% of LRT Capital Management LLC’s holdings, making the stock its 2nd largest holding. LRT Capital Management LLC owned about 0.06% of Wyndham Hotels & Resorts worth $4,577,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the company. Trust Co. of Vermont raised its stake in Wyndham Hotels & Resorts by 434.8% during the 4th quarter. Trust Co. of Vermont now owns 246 shares of the company’s stock worth $25,000 after buying an additional 200 shares during the period. Proficio Capital Partners LLC acquired a new stake in Wyndham Hotels & Resorts during the 4th quarter worth $28,000. Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in Wyndham Hotels & Resorts by 508.7% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 280 shares of the company’s stock worth $28,000 after buying an additional 234 shares during the period. Smartleaf Asset Management LLC raised its stake in Wyndham Hotels & Resorts by 46.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 343 shares of the company’s stock worth $35,000 after buying an additional 108 shares during the period. Finally, UMB Bank n.a. raised its stake in Wyndham Hotels & Resorts by 72.7% during the 4th quarter. UMB Bank n.a. now owns 399 shares of the company’s stock worth $40,000 after buying an additional 168 shares during the period. 93.46% of the stock is currently owned by institutional investors.

Wyndham Hotels & Resorts Stock Performance

Shares of WH opened at $84.51 on Monday. The company has a debt-to-equity ratio of 3.72, a current ratio of 1.00 and a quick ratio of 1.00. The stock has a 50-day moving average of $87.30 and a 200-day moving average of $96.40. The company has a market cap of $6.51 billion, a PE ratio of 23.28, a P/E/G ratio of 1.87 and a beta of 1.08. Wyndham Hotels & Resorts, Inc. has a one year low of $67.67 and a one year high of $113.07.

Wyndham Hotels & Resorts (NYSE:WH) last announced its quarterly earnings results on Wednesday, April 30th. The company reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.82 by $0.04. Wyndham Hotels & Resorts had a net margin of 20.51% and a return on equity of 54.86%. The business had revenue of $316.00 million for the quarter, compared to analysts’ expectations of $320.10 million. During the same quarter last year, the firm earned $0.78 EPS. The firm’s revenue for the quarter was up 3.6% compared to the same quarter last year. On average, equities research analysts predict that Wyndham Hotels & Resorts, Inc. will post 4.79 EPS for the current fiscal year.

Wyndham Hotels & Resorts Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 17th were given a dividend of $0.41 per share. This is a positive change from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.38. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.94%. The ex-dividend date of this dividend was Monday, March 17th. Wyndham Hotels & Resorts’s payout ratio is 38.86%.

Analysts Set New Price Targets

Several analysts recently commented on WH shares. Jefferies Financial Group dropped their price objective on Wyndham Hotels & Resorts from $125.00 to $110.00 and set a “buy” rating on the stock in a research note on Wednesday, April 9th. Barclays cut their price target on Wyndham Hotels & Resorts from $121.00 to $100.00 and set an “overweight” rating on the stock in a report on Tuesday, April 22nd. Truist Financial cut their price target on Wyndham Hotels & Resorts from $122.00 to $119.00 and set a “buy” rating on the stock in a report on Friday, March 21st. Wells Fargo & Company boosted their price target on Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the company an “overweight” rating in a report on Friday, February 14th. Finally, Susquehanna boosted their price target on Wyndham Hotels & Resorts from $80.00 to $110.00 and gave the company a “neutral” rating in a report on Tuesday, February 25th. Two investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat, Wyndham Hotels & Resorts presently has a consensus rating of “Moderate Buy” and a consensus price target of $108.48.

Wyndham Hotels & Resorts Profile

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.