Wyndham Hotels & Resorts Inc (NYSE:WH) Stock Position Increased by Perella Weinberg Partners Capital Management LP

Perella Weinberg Partners Capital Management LP lifted its position in Wyndham Hotels & Resorts Inc (NYSE:WH) by 6.3% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 70,971 shares of the company’s stock after buying an additional 4,233 shares during the period. Perella Weinberg Partners Capital Management LP’s holdings in Wyndham Hotels & Resorts were worth $3,956,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of WH. Norges Bank acquired a new stake in shares of Wyndham Hotels & Resorts during the fourth quarter worth $59,189,000. Dimensional Fund Advisors LP raised its position in Wyndham Hotels & Resorts by 30.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 788,405 shares of the company’s stock valued at $35,770,000 after buying an additional 184,018 shares during the period. Boston Partners raised its position in Wyndham Hotels & Resorts by 2.9% during the first quarter. Boston Partners now owns 5,715,052 shares of the company’s stock valued at $285,695,000 after buying an additional 163,327 shares during the period. Jackson Square Partners LLC raised its position in Wyndham Hotels & Resorts by 7.2% during the first quarter. Jackson Square Partners LLC now owns 2,066,437 shares of the company’s stock valued at $103,301,000 after buying an additional 139,472 shares during the period. Finally, HGI Capital Management LLC acquired a new position in Wyndham Hotels & Resorts during the first quarter valued at $6,771,000. 91.40% of the stock is currently owned by institutional investors.

NYSE:WH traded down $0.41 during trading hours on Friday, hitting $55.70. 832,620 shares of the company’s stock traded hands, compared to its average volume of 883,425. The stock has a market cap of $5.45 billion, a price-to-earnings ratio of 20.55, a P/E/G ratio of 1.54 and a beta of 1.02. Wyndham Hotels & Resorts Inc has a twelve month low of $43.03 and a twelve month high of $62.38. The company has a debt-to-equity ratio of 1.62, a quick ratio of 1.24 and a current ratio of 1.24. The stock has a fifty day moving average price of $58.00.

Wyndham Hotels & Resorts (NYSE:WH) last posted its quarterly earnings results on Thursday, July 25th. The company reported $0.84 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.04. Wyndham Hotels & Resorts had a return on equity of 19.91% and a net margin of 6.94%. The firm had revenue of $533.00 million for the quarter, compared to analyst estimates of $532.61 million. During the same period in the previous year, the firm earned $0.73 earnings per share. Wyndham Hotels & Resorts’s quarterly revenue was up 22.5% on a year-over-year basis. As a group, research analysts predict that Wyndham Hotels & Resorts Inc will post 3.21 EPS for the current year.

In other Wyndham Hotels & Resorts news, insider Nicola Rossi sold 1,500 shares of the business’s stock in a transaction dated Thursday, June 6th. The stock was sold at an average price of $55.46, for a total value of $83,190.00. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Stephen P. Holmes sold 75,000 shares of the business’s stock in a transaction dated Wednesday, May 8th. The shares were sold at an average price of $56.16, for a total value of $4,212,000.00. The disclosure for this sale can be found here. Insiders sold 90,975 shares of company stock worth $5,103,527 in the last 90 days. Corporate insiders own 1.90% of the company’s stock.

Several research analysts recently weighed in on the company. Bank of America assumed coverage on Wyndham Hotels & Resorts in a research report on Wednesday, June 12th. They set a “buy” rating and a $62.00 price target on the stock. Zacks Investment Research lowered Wyndham Hotels & Resorts from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 3rd. Finally, Barclays assumed coverage on Wyndham Hotels & Resorts in a research report on Tuesday, July 2nd. They set an “overweight” rating and a $72.00 price target on the stock. One research analyst has rated the stock with a hold rating and seven have given a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $67.71.

Wyndham Hotels & Resorts Profile

Wyndham Hotels & Resorts, Inc operates as a hotel franchisor worldwide. The company licenses its hotel brands, including Super 8, Days Inn, Ramada, Microtel Inn & Suites, La Quinta, Wingate, AmericInn, Hawthorn Suites, The Trademark Collection, and Wyndham to hotel owners in approximately 80 countries.

See Also: Technical Analysis of Stocks and What It Means

Want to see what other hedge funds are holding WH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Wyndham Hotels & Resorts Inc (NYSE:WH).

Institutional Ownership by Quarter for Wyndham Hotels & Resorts (NYSE:WH)

Receive News & Ratings for Wyndham Hotels & Resorts Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wyndham Hotels & Resorts and related companies with MarketBeat.com's FREE daily email newsletter.