Federated Hermes Inc. Has $635,000 Position in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Federated Hermes Inc. lessened its stake in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 22.1% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 8,579 shares of the company’s stock after selling 2,430 shares during the quarter. Federated Hermes Inc.’s holdings in Wyndham Hotels & Resorts were worth $635,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of WH. GAMMA Investing LLC boosted its position in Wyndham Hotels & Resorts by 80.9% during the 2nd quarter. GAMMA Investing LLC now owns 463 shares of the company’s stock worth $34,000 after buying an additional 207 shares during the period. Blue Trust Inc. grew its stake in shares of Wyndham Hotels & Resorts by 1,245.1% in the second quarter. Blue Trust Inc. now owns 686 shares of the company’s stock worth $53,000 after purchasing an additional 635 shares during the last quarter. TFO Wealth Partners LLC increased its holdings in 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 during the period. Family Firm Inc. bought a new position in Wyndham Hotels & Resorts during the 2nd quarter worth $67,000. Finally, International Assets Investment Management LLC acquired a new position in Wyndham Hotels & Resorts during the 2nd quarter worth about $70,000. Institutional investors and hedge funds own 93.46% of the company’s stock.

Wyndham Hotels & Resorts Trading Down 0.9 %

Shares of Wyndham Hotels & Resorts stock opened at $79.40 on Monday. The company has a debt-to-equity ratio of 3.83, a quick ratio of 0.90 and a current ratio of 0.90. Wyndham Hotels & Resorts, Inc. has a 52 week low of $65.63 and a 52 week high of $81.73. The stock has a 50 day moving average price of $76.10 and a two-hundred day moving average price of $74.12. The stock has a market capitalization of $6.40 billion, a PE ratio of 28.16, a price-to-earnings-growth ratio of 2.70 and a beta of 1.33.

Wyndham Hotels & Resorts (NYSE:WH) last announced its quarterly earnings data on Wednesday, July 24th. The company reported $1.13 EPS for the quarter, beating analysts’ consensus estimates of $1.03 by $0.10. Wyndham Hotels & Resorts had a return on equity of 47.05% and a net margin of 18.28%. The firm had revenue of $367.00 million during the quarter, compared to analysts’ expectations of $370.58 million. During the same quarter last year, the firm posted $0.93 earnings per share. The company’s revenue for the quarter was up 1.4% compared to the same quarter last year. As a group, equities analysts anticipate that Wyndham Hotels & Resorts, Inc. will post 4.27 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 27th. Shareholders of record on Friday, September 13th will be paid a $0.38 dividend. The ex-dividend date of this dividend is Friday, September 13th. This represents a $1.52 dividend on an annualized basis and a yield of 1.91%. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is presently 53.90%.

Insider Buying and Selling at Wyndham Hotels & Resorts

In related news, insider Monica Melancon sold 5,040 shares of Wyndham Hotels & Resorts stock in a transaction that occurred on Friday, September 6th. The stock was sold at an average price of $77.66, for a total transaction of $391,406.40. Following the transaction, the insider now owns 10,606 shares of the company’s stock, valued at $823,661.96. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In related news, insider Monica Melancon sold 5,040 shares of Wyndham Hotels & Resorts stock in a transaction that occurred on Friday, September 6th. The stock was sold at an average price of $77.66, for a total transaction of $391,406.40. Following the transaction, the insider now owns 10,606 shares of the company’s stock, valued at $823,661.96. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Nicola Rossi sold 7,297 shares of Wyndham Hotels & Resorts stock in a transaction that occurred on Friday, July 26th. The shares were sold at an average price of $76.70, for a total value of $559,679.90. Following the transaction, the chief accounting officer now directly owns 4,107 shares in the company, valued at approximately $315,006.90. The disclosure for this sale can be found here. Over the last quarter, insiders sold 12,640 shares of company stock valued at $974,351. Company insiders own 2.79% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on WH shares. Stifel Nicolaus decreased their price target on Wyndham Hotels & Resorts from $91.50 to $89.00 and set a “buy” rating for the company in a research note on Thursday, July 25th. Barclays raised their price target on shares of Wyndham Hotels & Resorts from $88.00 to $90.00 and gave the stock an “overweight” rating in a report on Friday, July 26th. The Goldman Sachs Group assumed coverage on shares of Wyndham Hotels & Resorts in a research report on Wednesday, September 18th. They issued a “buy” rating and a $96.00 price target on the stock. Susquehanna started coverage on shares of Wyndham Hotels & Resorts in a research report on Friday, June 21st. They set a “neutral” rating and a $80.00 price objective for the company. Finally, Truist Financial lowered their target price on Wyndham Hotels & Resorts from $105.00 to $104.00 and set a “buy” rating for the company in a report on Friday, July 26th. Two equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, Wyndham Hotels & Resorts currently has a consensus rating of “Moderate Buy” and an average target price of $90.25.

Wyndham Hotels & Resorts 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.