Teachers Retirement System of The State of Kentucky Sells 1,300 Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Teachers Retirement System of The State of Kentucky lowered its stake in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 2.3% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 55,848 shares of the company’s stock after selling 1,300 shares during the quarter. Teachers Retirement System of The State of Kentucky owned about 0.07% of Wyndham Hotels & Resorts worth $4,491,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Allworth Financial LP raised its stake in shares of Wyndham Hotels & Resorts by 62.6% in the fourth quarter. Allworth Financial LP now owns 395 shares of the company’s stock valued at $32,000 after purchasing an additional 152 shares in the last quarter. Chilton Capital Management LLC acquired a new position in shares of Wyndham Hotels & Resorts in the fourth quarter valued at $47,000. Covestor Ltd raised its stake in shares of Wyndham Hotels & Resorts by 68.3% in the third quarter. Covestor Ltd now owns 813 shares of the company’s stock valued at $57,000 after purchasing an additional 330 shares in the last quarter. TFO Wealth Partners LLC raised its stake in shares of Wyndham Hotels & Resorts by 41,100.0% in the fourth quarter. TFO Wealth Partners LLC now owns 824 shares of the company’s stock valued at $66,000 after purchasing an additional 822 shares in the last quarter. Finally, Signaturefd LLC raised its stake in shares of Wyndham Hotels & Resorts by 24.1% in the fourth quarter. Signaturefd LLC now owns 1,052 shares of the company’s stock valued at $85,000 after purchasing an additional 204 shares in the last quarter. Institutional investors own 93.46% of the company’s stock.

Analysts Set New Price Targets

WH has been the subject of several recent analyst reports. StockNews.com initiated coverage on Wyndham Hotels & Resorts in a research note on Friday. They set a “hold” rating for the company. Barclays increased their price objective on Wyndham Hotels & Resorts from $87.00 to $88.00 and gave the stock an “overweight” rating in a research note on Friday, April 26th. Finally, Robert W. Baird increased their price objective on Wyndham Hotels & Resorts from $86.00 to $88.00 and gave the stock an “outperform” rating in a research note on Friday, April 26th. One equities 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.com, Wyndham Hotels & Resorts has a consensus rating of “Moderate Buy” and a consensus price target of $88.17.

Insider Buying and Selling

In related news, CFO Michele Allen sold 1,264 shares of Wyndham Hotels & Resorts stock in a transaction dated Friday, May 24th. The stock was sold at an average price of $69.46, for a total value of $87,797.44. Following the completion of the sale, the chief financial officer now directly owns 24,997 shares in the company, valued at $1,736,291.62. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In other news, CFO Michele Allen sold 1,264 shares of the business’s stock in a transaction dated Friday, May 24th. The stock was sold at an average price of $69.46, for a total transaction of $87,797.44. Following the completion of the transaction, the chief financial officer now directly owns 24,997 shares in the company, valued at approximately $1,736,291.62. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Geoffrey A. Ballotti sold 196,279 shares of the business’s stock in a transaction dated Wednesday, May 1st. The stock was sold at an average price of $73.36, for a total value of $14,399,027.44. Following the transaction, the chief executive officer now owns 377,712 shares of the company’s stock, valued at $27,708,952.32. The disclosure for this sale can be found here. Insiders sold a total of 206,933 shares of company stock worth $15,130,227 over the last three months. 2.79% of the stock is currently owned by company insiders.

Wyndham Hotels & Resorts Stock Performance

Shares of NYSE:WH opened at $72.00 on Tuesday. Wyndham Hotels & Resorts, Inc. has a twelve month low of $65.54 and a twelve month high of $81.73. The firm has a market cap of $5.80 billion, a PE ratio of 25.53, a price-to-earnings-growth ratio of 2.52 and a beta of 1.33. The company has a debt-to-equity ratio of 3.27, a quick ratio of 0.70 and a current ratio of 0.70. The business has a fifty day moving average of $71.57 and a 200-day moving average of $75.95.

Wyndham Hotels & Resorts (NYSE:WH) last announced its earnings results on Wednesday, April 24th. The company reported $0.78 earnings per share for the quarter, beating analysts’ consensus estimates of $0.75 by $0.03. The company had revenue of $305.00 million during the quarter, compared to analyst estimates of $308.24 million. Wyndham Hotels & Resorts had a return on equity of 41.83% and a net margin of 17.19%. The firm’s quarterly revenue was down 2.6% compared to the same quarter last year. During the same period last year, the company posted $0.86 earnings per share. On average, equities research analysts predict that Wyndham Hotels & Resorts, Inc. will post 4.25 EPS for the current fiscal year.

Wyndham Hotels & Resorts Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, June 14th will be given a $0.38 dividend. The ex-dividend date is Friday, June 14th. This represents a $1.52 dividend on an annualized basis and a yield of 2.11%. Wyndham Hotels & Resorts’s payout ratio is 53.90%.

Wyndham Hotels & Resorts Company Profile

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.