ExodusPoint Capital Management LP Has $18.50 Million Stock Holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

ExodusPoint Capital Management LP cut its holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 3.4% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 269,744 shares of the company’s stock after selling 9,603 shares during the quarter. ExodusPoint Capital Management LP owned approximately 0.32% of Wyndham Hotels & Resorts worth $18,496,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. US Bancorp DE increased its stake in shares of Wyndham Hotels & Resorts by 0.7% in the second quarter. US Bancorp DE now owns 17,767 shares of the company’s stock valued at $1,218,000 after buying an additional 132 shares in the last quarter. Wetherby Asset Management Inc. increased its position in Wyndham Hotels & Resorts by 5.9% in the first quarter. Wetherby Asset Management Inc. now owns 2,423 shares of the company’s stock worth $205,000 after purchasing an additional 134 shares during the period. Laurel Wealth Advisors Inc. increased its position in Wyndham Hotels & Resorts by 3.9% in the fourth quarter. Laurel Wealth Advisors Inc. now owns 3,963 shares of the company’s stock worth $283,000 after purchasing an additional 150 shares during the period. Raymond James Financial Services Advisors Inc. increased its position in Wyndham Hotels & Resorts by 2.1% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 7,631 shares of the company’s stock worth $646,000 after purchasing an additional 157 shares during the period. Finally, Allworth Financial LP increased its position in Wyndham Hotels & Resorts by 65.5% in the second quarter. Allworth Financial LP now owns 412 shares of the company’s stock worth $28,000 after purchasing an additional 163 shares during the period. 92.06% of the stock is currently owned by institutional investors and hedge funds.

Wyndham Hotels & Resorts Trading Down 1.2 %

NYSE:WH opened at $77.00 on Tuesday. Wyndham Hotels & Resorts, Inc. has a fifty-two week low of $63.69 and a fifty-two week high of $81.00. The company has a debt-to-equity ratio of 2.48, a current ratio of 1.07 and a quick ratio of 1.07. The stock has a market capitalization of $6.39 billion, a PE ratio of 22.74, a price-to-earnings-growth ratio of 7.49 and a beta of 1.37. The business’s 50-day simple moving average is $72.58 and its 200-day simple moving average is $72.18.

Wyndham Hotels & Resorts (NYSE:WH) last released its quarterly earnings data on Wednesday, October 25th. The company reported $1.31 earnings per share for the quarter, beating the consensus estimate of $1.25 by $0.06. Wyndham Hotels & Resorts had a return on equity of 36.32% and a net margin of 20.98%. The business had revenue of $402.00 million for the quarter, compared to analysts’ expectations of $395.44 million. During the same quarter in the previous year, the business posted $1.21 EPS. Wyndham Hotels & Resorts’s revenue for the quarter was down 1.2% on a year-over-year basis. Sell-side analysts expect that Wyndham Hotels & Resorts, Inc. will post 4.01 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 27th. Stockholders of record on Wednesday, December 13th will be issued a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 1.82%. The ex-dividend date of this dividend is Tuesday, December 12th. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is presently 40.82%.

Analyst Ratings Changes

A number of brokerages recently commented on WH. StockNews.com began coverage on Wyndham Hotels & Resorts in a research report on Sunday. They issued a “hold” rating for the company. Morgan Stanley lifted their price objective on Wyndham Hotels & Resorts from $87.00 to $88.00 and gave the stock an “overweight” rating in a research report on Friday, October 27th. TheStreet upgraded Wyndham Hotels & Resorts from a “c+” rating to a “b” rating in a research report on Wednesday, July 26th. HSBC initiated coverage on Wyndham Hotels & Resorts in a research report on Monday, October 23rd. They set a “buy” rating and a $87.00 target price for the company. Finally, Stifel Nicolaus decreased their target price on Wyndham Hotels & Resorts from $84.00 to $83.00 and set a “buy” rating for the company in a research report on Wednesday, October 11th. Two analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $87.00.

Wyndham Hotels & Resorts Company Profile

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.