FORA Capital LLC Has $419,000 Stock Position in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

FORA Capital LLC grew its position in Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 54.0% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 6,169 shares of the company’s stock after buying an additional 2,162 shares during the period. FORA Capital LLC’s holdings in Wyndham Hotels & Resorts were worth $419,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in WH. Rockefeller Capital Management L.P. grew its stake in shares of Wyndham Hotels & Resorts by 139.3% during the fourth quarter. Rockefeller Capital Management L.P. now owns 438 shares of the company’s stock worth $31,000 after purchasing an additional 255 shares during the period. Money Concepts Capital Corp acquired a new stake in shares of Wyndham Hotels & Resorts during the fourth quarter worth $33,000. North Star Investment Management Corp. acquired a new stake in shares of Wyndham Hotels & Resorts during the first quarter worth $47,000. Point72 Hong Kong Ltd acquired a new stake in shares of Wyndham Hotels & Resorts during the second quarter worth $46,000. Finally, GW&K Investment Management LLC grew its stake in shares of Wyndham Hotels & Resorts by 22.5% during the fourth quarter. GW&K Investment Management LLC now owns 943 shares of the company’s stock worth $67,000 after purchasing an additional 173 shares during the period. 92.06% of the stock is owned by institutional investors and hedge funds.

Wyndham Hotels & Resorts Price Performance

NYSE:WH opened at $76.18 on Thursday. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 2.30. The stock’s 50 day moving average price is $74.27 and its two-hundred day moving average price is $71.12. The firm has a market capitalization of $6.42 billion, a price-to-earnings ratio of 22.74, a P/E/G ratio of 15.26 and a beta of 1.39. Wyndham Hotels & Resorts, Inc. has a 12-month low of $58.81 and a 12-month high of $81.00.

Wyndham Hotels & Resorts (NYSE:WH) last released its quarterly earnings data on Wednesday, July 26th. The company reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.92 by $0.01. The firm had revenue of $362.00 million for the quarter, compared to analyst estimates of $365.81 million. Wyndham Hotels & Resorts had a return on equity of 34.12% and a net margin of 20.76%. The business’s revenue for the quarter was down 6.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.07 earnings per share. On average, analysts anticipate that Wyndham Hotels & Resorts, Inc. will post 3.99 earnings per share for the current year.

Wyndham Hotels & Resorts Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 27th. Stockholders of record on Wednesday, September 13th will be given a $0.35 dividend. This represents a $1.40 annualized dividend and a dividend yield of 1.84%. The ex-dividend date of this dividend is Tuesday, September 12th. Wyndham Hotels & Resorts’s payout ratio is 41.79%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. Truist Financial decreased their price objective on Wyndham Hotels & Resorts from $96.00 to $95.00 and set a “buy” rating for the company in a research note on Thursday, July 20th. TheStreet raised Wyndham Hotels & Resorts from a “c+” rating to a “b” rating in a research note on Wednesday, July 26th. StockNews.com started coverage on Wyndham Hotels & Resorts in a research note on Thursday, August 17th. They issued a “hold” rating for the company. Finally, Morgan Stanley decreased their target price on Wyndham Hotels & Resorts from $92.00 to $80.00 in a research note on Tuesday, June 27th. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $85.57.

About Wyndham Hotels & Resorts

Wyndham Hotels & Resorts, Inc operates as a hotel franchisor worldwide. 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. The Hotel Management segment provides hotel management services for full-service hotels.