AQR Capital Management LLC Sells 23,032 Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH)

AQR Capital Management LLC lowered its holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 27.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 61,820 shares of the company’s stock after selling 23,032 shares during the period. AQR Capital Management LLC owned approximately 0.08% of Wyndham Hotels & Resorts worth $6,231,000 at the end of the most recent quarter.

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

Analysts Set New Price Targets

Several research analysts have commented on the stock. Susquehanna boosted their price objective on shares of Wyndham Hotels & Resorts from $80.00 to $110.00 and gave the company a “neutral” rating in a research report on Tuesday, February 25th. The Goldman Sachs Group lowered their price target on Wyndham Hotels & Resorts from $124.00 to $108.00 and set a “buy” rating for the company in a report on Monday, April 14th. Robert W. Baird reduced their price objective on Wyndham Hotels & Resorts from $107.00 to $99.00 and set an “outperform” rating on the stock in a research note on Tuesday. Redburn Atlantic raised Wyndham Hotels & Resorts from a “neutral” rating to a “buy” rating and set a $115.00 target price for the company in a research note on Monday, March 24th. Finally, Morgan Stanley reduced their price target on shares of Wyndham Hotels & Resorts from $102.00 to $94.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 22nd. Two analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $108.48.

Wyndham Hotels & Resorts Stock Down 0.2 %

NYSE:WH opened at $83.29 on Thursday. The company has a debt-to-equity ratio of 3.72, a current ratio of 1.00 and a quick ratio of 1.00. Wyndham Hotels & Resorts, Inc. has a one year low of $67.67 and a one year high of $113.07. The firm’s 50 day simple moving average is $88.13 and its 200 day simple moving average is $96.23. The company has a market cap of $6.45 billion, a PE ratio of 22.94, a P/E/G ratio of 1.87 and a beta of 1.08.

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

Wyndham Hotels & Resorts Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 17th were given a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.97%. This is an increase from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.38. The ex-dividend date was Monday, March 17th. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is 38.86%.

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.