Caxton Associates LP Decreases Position in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Caxton Associates LP reduced its stake in Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 55.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,359 shares of the company’s stock after selling 16,621 shares during the period. Caxton Associates LP’s holdings in Wyndham Hotels & Resorts were worth $1,346,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in WH. Trust Co. of Vermont grew its position in shares of Wyndham Hotels & Resorts by 434.8% in the 4th quarter. Trust Co. of Vermont now owns 246 shares of the company’s stock valued at $25,000 after buying an additional 200 shares during the last quarter. Proficio Capital Partners LLC acquired a new position in Wyndham Hotels & Resorts in the fourth quarter valued at $28,000. Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in shares of Wyndham Hotels & Resorts by 508.7% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 280 shares of the company’s stock worth $28,000 after purchasing an additional 234 shares during the last quarter. Smartleaf Asset Management LLC increased its position in shares of Wyndham Hotels & Resorts by 46.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 343 shares of the company’s stock worth $35,000 after purchasing an additional 108 shares in the last quarter. Finally, UMB Bank n.a. lifted its holdings in shares of Wyndham Hotels & Resorts by 72.7% in the 4th quarter. UMB Bank n.a. now owns 399 shares of the company’s stock valued at $40,000 after purchasing an additional 168 shares during the last quarter. Institutional investors and hedge funds own 93.46% of the company’s stock.

Wyndham Hotels & Resorts Stock Performance

NYSE WH opened at $84.15 on Tuesday. The stock has a market capitalization of $6.52 billion, a price-to-earnings ratio of 23.18, a PEG ratio of 1.87 and a beta of 1.08. The business’s 50 day moving average is $89.12 and its two-hundred day moving average is $96.41. Wyndham Hotels & Resorts, Inc. has a 12-month low of $67.67 and a 12-month high of $113.07. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 3.72.

Wyndham Hotels & Resorts (NYSE:WH) last announced its quarterly earnings data on Wednesday, April 30th. The company reported $0.86 earnings per share for the quarter, topping analysts’ consensus estimates of $0.82 by $0.04. Wyndham Hotels & Resorts had a return on equity of 54.86% and a net margin of 20.51%. The firm had revenue of $316.00 million for the quarter, compared to analyst estimates of $320.10 million. During the same quarter in the prior year, the company posted $0.78 earnings per share. Wyndham Hotels & Resorts’s quarterly revenue was up 3.6% on a year-over-year basis. Research analysts expect that Wyndham Hotels & Resorts, Inc. will post 4.79 EPS for the current year.

Wyndham Hotels & Resorts Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 17th were paid a $0.41 dividend. This is a boost from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.38. The ex-dividend date of this dividend was Monday, March 17th. This represents a $1.64 annualized dividend and a dividend yield of 1.95%. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is 38.86%.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on WH. Redburn Atlantic upgraded Wyndham Hotels & Resorts from a “neutral” rating to a “buy” rating and set a $115.00 price target on the stock in a research note on Monday, March 24th. Wells Fargo & Company raised their target price on shares of Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the stock an “overweight” rating in a research report on Friday, February 14th. The Goldman Sachs Group cut their target price on shares of Wyndham Hotels & Resorts from $124.00 to $108.00 and set a “buy” rating on the stock in a report on Monday, April 14th. Morgan Stanley decreased their price target on shares of Wyndham Hotels & Resorts from $102.00 to $94.00 and set an “overweight” rating for the company in a research note on Tuesday, April 22nd. Finally, Barclays dropped their price objective on shares of Wyndham Hotels & Resorts from $121.00 to $100.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 22nd. Two research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $109.81.

About Wyndham Hotels & Resorts

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.