Shelton Capital Management Sells 234 Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Shelton Capital Management trimmed its stake in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 7.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,981 shares of the company’s stock after selling 234 shares during the quarter. Shelton Capital Management’s holdings in Wyndham Hotels & Resorts were worth $300,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in WH. Quantinno Capital Management LP raised its stake in Wyndham Hotels & Resorts by 34.2% during the third quarter. Quantinno Capital Management LP now owns 8,961 shares of the company’s stock worth $700,000 after buying an additional 2,286 shares during the last quarter. Stifel Financial Corp grew its holdings in Wyndham Hotels & Resorts by 91.9% during the 3rd quarter. Stifel Financial Corp now owns 30,665 shares of the company’s stock worth $2,396,000 after acquiring an additional 14,688 shares during the period. MML Investors Services LLC raised its position in shares of Wyndham Hotels & Resorts by 3.4% in the 3rd quarter. MML Investors Services LLC now owns 27,384 shares of the company’s stock worth $2,140,000 after acquiring an additional 902 shares in the last quarter. Nomura Asset Management Co. Ltd. lifted its stake in shares of Wyndham Hotels & Resorts by 86.4% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 410 shares of the company’s stock valued at $32,000 after purchasing an additional 190 shares during the period. Finally, M&T Bank Corp boosted its position in shares of Wyndham Hotels & Resorts by 4.2% during the 3rd quarter. M&T Bank Corp now owns 3,415 shares of the company’s stock valued at $267,000 after purchasing an additional 138 shares in the last quarter. 93.46% of the stock is owned by institutional investors and hedge funds.

Wyndham Hotels & Resorts Stock Down 6.0 %

Shares of Wyndham Hotels & Resorts stock opened at $82.39 on Friday. The company has a debt-to-equity ratio of 3.72, a quick ratio of 1.00 and a current ratio of 1.00. Wyndham Hotels & Resorts, Inc. has a 52-week low of $67.67 and a 52-week high of $113.07. The company’s 50 day moving average price is $97.53 and its 200-day moving average price is $95.84. The stock has a market capitalization of $6.38 billion, a price-to-earnings ratio of 22.70, a P/E/G ratio of 1.87 and a beta of 1.11.

Wyndham Hotels & Resorts (NYSE:WH) last released its quarterly earnings results on Wednesday, February 12th. The company reported $1.04 EPS for the quarter, beating analysts’ consensus estimates of $1.00 by $0.04. Wyndham Hotels & Resorts had a return on equity of 54.86% and a net margin of 20.51%. Equities research analysts forecast that Wyndham Hotels & Resorts, Inc. will post 4.79 EPS for the current year.

Wyndham Hotels & Resorts Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 17th were given a $0.41 dividend. The ex-dividend date was Monday, March 17th. This represents a $1.64 annualized dividend and a dividend yield of 1.99%. This is a positive change from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.38. Wyndham Hotels & Resorts’s dividend payout ratio is currently 45.18%.

Analysts Set New Price Targets

Several analysts have recently weighed in on WH shares. Robert W. Baird lifted their price objective on shares of Wyndham Hotels & Resorts from $108.00 to $115.00 and gave the company an “outperform” rating in a research note on Tuesday, February 18th. Truist Financial decreased their price target on shares of Wyndham Hotels & Resorts from $122.00 to $119.00 and set a “buy” rating for the company in a research note on Friday, March 21st. Morgan Stanley increased their price objective on shares of Wyndham Hotels & Resorts from $107.00 to $113.00 and gave the stock an “overweight” rating in a research report on Tuesday, March 4th. Jefferies Financial Group reduced their target price on Wyndham Hotels & Resorts from $125.00 to $110.00 and set a “buy” rating for the company in a research note on Wednesday. Finally, Redburn Atlantic raised 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. Two research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat, Wyndham Hotels & Resorts has an average rating of “Moderate Buy” and a consensus price target of $115.25.

Wyndham Hotels & Resorts Profile

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.