State of New Jersey Common Pension Fund D Has $9.97 Million Stock Holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

State of New Jersey Common Pension Fund D lowered its holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 33.3% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 134,772 shares of the company’s stock after selling 67,230 shares during the quarter. State of New Jersey Common Pension Fund D owned 0.17% of Wyndham Hotels & Resorts worth $9,973,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Victory Capital Management Inc. boosted its position in shares of Wyndham Hotels & Resorts by 17.6% in the fourth quarter. Victory Capital Management Inc. now owns 18,188 shares of the company’s stock valued at $1,462,000 after acquiring an additional 2,716 shares during the period. Natixis Advisors L.P. bought a new stake in Wyndham Hotels & Resorts in the 4th quarter valued at $809,000. Private Advisor Group LLC grew its holdings in shares of Wyndham Hotels & Resorts by 7.4% during the 4th quarter. Private Advisor Group LLC now owns 3,644 shares of the company’s stock worth $293,000 after purchasing an additional 251 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in Wyndham Hotels & Resorts by 9.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 999,921 shares of the company’s stock valued at $80,406,000 after buying an additional 84,888 shares during the period. Finally, Vanguard Personalized Indexing Management LLC increased its stake in Wyndham Hotels & Resorts by 49.9% in the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 7,276 shares of the company’s stock valued at $585,000 after acquiring an additional 2,422 shares during the period. Institutional investors and hedge funds own 93.46% of the company’s stock.

Wyndham Hotels & Resorts Trading Up 0.9 %

NYSE:WH opened at $78.10 on Friday. Wyndham Hotels & Resorts, Inc. has a 12 month low of $65.63 and a 12 month high of $81.73. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 3.83. The stock has a market capitalization of $6.17 billion, a price-to-earnings ratio of 27.70, a PEG ratio of 2.69 and a beta of 1.33. The firm has a fifty day simple moving average of $75.50 and a two-hundred day simple moving average of $74.03.

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

Wyndham Hotels & Resorts Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, September 27th. Shareholders of record on Friday, September 13th will be given a dividend of $0.38 per share. The ex-dividend date is Friday, September 13th. This represents a $1.52 annualized dividend and a dividend yield of 1.95%. Wyndham Hotels & Resorts’s dividend payout ratio is currently 53.90%.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on WH shares. Stifel Nicolaus dropped their price target on Wyndham Hotels & Resorts from $91.50 to $89.00 and set a “buy” rating for the company in a report on Thursday, July 25th. Truist Financial reduced their target price on Wyndham Hotels & Resorts from $105.00 to $104.00 and set a “buy” rating on the stock in a report on Friday, July 26th. Susquehanna initiated coverage on shares of Wyndham Hotels & Resorts in a research report on Friday, June 21st. They set a “neutral” rating and a $80.00 price objective for the company. StockNews.com lowered Wyndham Hotels & Resorts from a “hold” rating to a “sell” rating in a research report on Friday, September 6th. Finally, Barclays increased their price objective on Wyndham Hotels & Resorts from $88.00 to $90.00 and gave the company an “overweight” rating in a report on Friday, July 26th. One research analyst has rated the stock with a sell rating, one has given a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $89.43.

Insider Buying and Selling at Wyndham Hotels & Resorts

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

Wyndham Hotels & Resorts Profile

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.