Rhumbline Advisers Reduces Stake in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Rhumbline Advisers reduced its position in Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 2.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 229,771 shares of the company’s stock after selling 5,348 shares during the period. Rhumbline Advisers owned approximately 0.30% of Wyndham Hotels & Resorts worth $23,159,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of WH. Thrivent Financial for Lutherans lifted its position in Wyndham Hotels & Resorts by 40.8% during the third quarter. Thrivent Financial for Lutherans now owns 1,747,295 shares of the company’s stock valued at $136,533,000 after purchasing an additional 506,593 shares in the last quarter. TimesSquare Capital Management LLC lifted its position in Wyndham Hotels & Resorts by 284,590.0% during the third quarter. TimesSquare Capital Management LLC now owns 284,690 shares of the company’s stock valued at $22,246,000 after purchasing an additional 284,590 shares in the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new position in Wyndham Hotels & Resorts during the fourth quarter valued at $18,764,000. Brown Brothers Harriman & Co. lifted its position in Wyndham Hotels & Resorts by 31.5% during the third quarter. Brown Brothers Harriman & Co. now owns 476,556 shares of the company’s stock valued at $37,238,000 after purchasing an additional 114,084 shares in the last quarter. Finally, Mutual of America Capital Management LLC lifted its position in Wyndham Hotels & Resorts by 221.3% during the third quarter. Mutual of America Capital Management LLC now owns 148,250 shares of the company’s stock valued at $11,584,000 after purchasing an additional 102,115 shares in the last quarter. 93.46% of the stock is currently owned by hedge funds and other institutional investors.

Wyndham Hotels & Resorts Trading Up 0.2 %

Shares of WH stock opened at $112.03 on Friday. Wyndham Hotels & Resorts, Inc. has a 12-month low of $67.67 and a 12-month high of $112.34. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 3.72. The stock’s 50-day moving average price is $103.98 and its 200-day moving average price is $91.49. The stock has a market capitalization of $8.71 billion, a price-to-earnings ratio of 30.86, a price-to-earnings-growth ratio of 2.20 and a beta of 1.29.

Wyndham Hotels & Resorts (NYSE:WH) last issued its earnings results on Wednesday, February 12th. The company reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.00 by $0.04. Wyndham Hotels & Resorts had a return on equity of 54.86% and a net margin of 20.51%. Equities research analysts predict that Wyndham Hotels & Resorts, Inc. will post 4.85 EPS for the current fiscal year.

Wall Street Analyst Weigh In

WH has been the topic of several analyst reports. Jefferies Financial Group lifted their target price on Wyndham Hotels & Resorts from $107.00 to $120.00 and gave the company a “buy” rating in a research report on Thursday, January 2nd. Stifel Nicolaus lifted their target price on Wyndham Hotels & Resorts from $113.00 to $121.00 and gave the company a “buy” rating in a research report on Thursday, February 13th. Barclays raised their price target on Wyndham Hotels & Resorts from $116.00 to $121.00 and gave the company an “overweight” rating in a report on Friday, February 14th. Wells Fargo & Company raised 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, The Goldman Sachs Group raised their price target on Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the company a “buy” rating in a report on Tuesday, December 10th. Two equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $113.80.

About Wyndham Hotels & Resorts

Wyndham Hotels & Resorts, Inc engages in the franchise and operation of hotels under the Wyndham brand. It operates through the following segments: Hotel Franchising, Hotel Management, and Corporate and Other. The Hotel Franchising segment focuses on licensing the company’s lodging brands and providing related services to third-party hotel owners and others.