6,000 Shares in Wyndham Hotels & Resorts, Inc. (NYSE:WH) Acquired by Levin Capital Strategies L.P.

Levin Capital Strategies L.P. purchased a new stake in Wyndham Hotels & Resorts, Inc. (NYSE:WH) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 6,000 shares of the company’s stock, valued at approximately $482,000.

Several other institutional investors have also modified their holdings of the business. Natixis Advisors L.P. acquired a new stake in Wyndham Hotels & Resorts in the fourth quarter valued at $809,000. New York Life Investment Management LLC raised its position in shares of Wyndham Hotels & Resorts by 6.7% during the 4th quarter. New York Life Investment Management LLC now owns 9,569 shares of the company’s stock worth $769,000 after acquiring an additional 598 shares in the last quarter. Victory Capital Management Inc. lifted its stake in Wyndham Hotels & Resorts by 17.6% during the fourth quarter. Victory Capital Management Inc. now owns 18,188 shares of the company’s stock worth $1,462,000 after purchasing an additional 2,716 shares during the last quarter. Signaturefd LLC boosted its holdings in 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. Finally, Louisiana State Employees Retirement System purchased a new position in Wyndham Hotels & Resorts in the fourth quarter valued at approximately $1,874,000. Institutional investors and hedge funds own 93.46% of the company’s stock.

Wyndham Hotels & Resorts Stock Performance

Shares of NYSE WH traded up $1.02 during mid-day trading on Thursday, hitting $73.95. 332,046 shares of the company were exchanged, compared to its average volume of 690,405. The stock has a 50 day simple moving average of $75.05 and a 200-day simple moving average of $76.87. Wyndham Hotels & Resorts, Inc. has a 1-year low of $63.69 and a 1-year high of $81.73. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 3.27. The firm has a market cap of $5.96 billion, a price-to-earnings ratio of 25.86, a price-to-earnings-growth ratio of 2.57 and a beta of 1.33.

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

Wyndham Hotels & Resorts Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Friday, March 15th were given a dividend of $0.38 per share. This is a positive change from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.35. This represents a $1.52 annualized dividend and a dividend yield of 2.06%. The ex-dividend date was Thursday, March 14th. Wyndham Hotels & Resorts’s payout ratio is presently 53.90%.

Insider Transactions at Wyndham Hotels & Resorts

In related news, CAO Nicola Rossi sold 3,200 shares of the firm’s stock in a transaction dated Tuesday, March 12th. The shares were sold at an average price of $79.00, for a total value of $252,800.00. Following the completion of the sale, the chief accounting officer now owns 11,404 shares in the company, valued at $900,916. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 2.79% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the stock. StockNews.com started coverage on shares of Wyndham Hotels & Resorts in a research note on Saturday, April 27th. They issued a “hold” rating for the company. Robert W. Baird raised their price target 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. Finally, Barclays boosted their price objective 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 investment analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target 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.