Caxton Associates LP Sells 585 Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Caxton Associates LP reduced its position in Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 7.0% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,789 shares of the company’s stock after selling 585 shares during the quarter. Caxton Associates LP’s holdings in Wyndham Hotels & Resorts were worth $576,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently made changes to their positions in the company. GAMMA Investing LLC grew its stake in shares of Wyndham Hotels & Resorts by 80.9% during the 2nd quarter. GAMMA Investing LLC now owns 463 shares of the company’s stock worth $34,000 after acquiring an additional 207 shares during the period. Blue Trust Inc. increased its stake in shares of Wyndham Hotels & Resorts by 1,245.1% in the second quarter. Blue Trust Inc. now owns 686 shares of the company’s stock worth $53,000 after purchasing an additional 635 shares in the last quarter. TFO Wealth Partners LLC raised its position in shares of Wyndham Hotels & Resorts by 41,100.0% in the fourth quarter. TFO Wealth Partners LLC now owns 824 shares of the company’s stock valued at $66,000 after purchasing an additional 822 shares during the period. Family Firm Inc. purchased a new stake in shares of Wyndham Hotels & Resorts during the 2nd quarter valued at approximately $67,000. Finally, International Assets Investment Management LLC purchased a new position in Wyndham Hotels & Resorts in the 2nd quarter valued at approximately $70,000. 93.46% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have issued reports on WH shares. Susquehanna initiated coverage on Wyndham Hotels & Resorts in a research report on Friday, June 21st. They set a “neutral” rating and a $80.00 target price on the stock. Stifel Nicolaus cut their target price on Wyndham Hotels & Resorts from $91.50 to $89.00 and set a “buy” rating for the company in a research note on Thursday, July 25th. Barclays upped their price target on Wyndham Hotels & Resorts from $88.00 to $90.00 and gave the company an “overweight” rating in a research report on Friday, July 26th. The Goldman Sachs Group started coverage on shares of Wyndham Hotels & Resorts in a research report on Wednesday, September 18th. They issued a “buy” rating and a $96.00 price objective for the company. Finally, Truist Financial decreased their target price on shares of Wyndham Hotels & Resorts from $105.00 to $104.00 and set a “buy” rating on the stock in a report on Friday, July 26th. Two research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $90.25.

Insider Buying and Selling

In other Wyndham Hotels & Resorts news, insider Monica Melancon sold 5,040 shares of the stock in a transaction that occurred on Friday, September 6th. The shares were sold at an average price of $77.66, for a total transaction of $391,406.40. Following the transaction, the insider now directly owns 10,606 shares in the company, valued at $823,661.96. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Wyndham Hotels & Resorts news, CAO Nicola Rossi sold 7,297 shares of the business’s stock in a transaction on Friday, July 26th. The shares were sold at an average price of $76.70, for a total value of $559,679.90. Following the completion of the sale, the chief accounting officer now directly owns 4,107 shares of the company’s stock, valued at $315,006.90. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Monica Melancon sold 5,040 shares of the firm’s stock in a transaction dated Friday, September 6th. The shares were sold at an average price of $77.66, for a total value of $391,406.40. Following the transaction, the insider now directly owns 10,606 shares in the company, valued at $823,661.96. The disclosure for this sale can be found here. Insiders sold 12,640 shares of company stock worth $974,351 in the last quarter. 2.79% of the stock is owned by insiders.

Wyndham Hotels & Resorts Price Performance

WH stock opened at $80.84 on Friday. The firm has a 50 day simple moving average of $76.48 and a two-hundred day simple moving average of $74.25. The company has a debt-to-equity ratio of 3.83, a current ratio of 0.90 and a quick ratio of 0.90. The stock has a market cap of $6.38 billion, a PE ratio of 28.67, a P/E/G ratio of 2.78 and a beta of 1.33. Wyndham Hotels & Resorts, Inc. has a one year low of $65.63 and a one year high of $81.73.

Wyndham Hotels & Resorts (NYSE:WH) last announced its earnings results on Wednesday, July 24th. The company reported $1.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.03 by $0.10. Wyndham Hotels & Resorts had a net margin of 18.28% and a return on equity of 47.05%. The company had revenue of $367.00 million during the quarter, compared to analyst estimates of $370.58 million. During the same period in the previous year, the business earned $0.93 earnings per share. The firm’s quarterly revenue was up 1.4% compared to the same quarter last year. On average, analysts predict that Wyndham Hotels & Resorts, Inc. will post 4.27 EPS for the current fiscal year.

Wyndham Hotels & Resorts Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 27th. Investors of record on Friday, September 13th will be issued a dividend of $0.38 per share. The ex-dividend date of this dividend is Friday, September 13th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.88%. Wyndham Hotels & Resorts’s dividend payout ratio is 53.90%.

About Wyndham Hotels & Resorts

Wyndham Hotels & Resorts, Inc operates as a hotel franchisor in the United States and internationally. 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.