Schonfeld Strategic Advisors LLC Has $42.49 Million Position in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Schonfeld Strategic Advisors LLC trimmed its stake in Wyndham Hotels & Resorts, Inc. (NYSE:WHFree Report) by 21.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 611,035 shares of the company’s stock after selling 162,157 shares during the period. Schonfeld Strategic Advisors LLC owned about 0.74% of Wyndham Hotels & Resorts worth $42,491,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the stock. State Street Corp grew its position in Wyndham Hotels & Resorts by 3.2% in the first quarter. State Street Corp now owns 2,554,592 shares of the company’s stock valued at $216,348,000 after acquiring an additional 80,119 shares during the period. FMR LLC grew its holdings in shares of Wyndham Hotels & Resorts by 2.7% during the third quarter. FMR LLC now owns 2,492,340 shares of the company’s stock worth $173,317,000 after purchasing an additional 64,925 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of Wyndham Hotels & Resorts by 3.6% during the first quarter. Goldman Sachs Group Inc. now owns 2,242,143 shares of the company’s stock worth $189,887,000 after purchasing an additional 77,125 shares during the last quarter. Jackson Square Partners LLC grew its holdings in shares of Wyndham Hotels & Resorts by 10.5% during the second quarter. Jackson Square Partners LLC now owns 1,891,594 shares of the company’s stock worth $129,707,000 after purchasing an additional 179,064 shares during the last quarter. Finally, Invesco Ltd. grew its holdings in shares of Wyndham Hotels & Resorts by 12.8% during the first quarter. Invesco Ltd. now owns 1,834,481 shares of the company’s stock worth $155,362,000 after purchasing an additional 208,620 shares during the last quarter. 92.06% of the stock is currently owned by institutional investors.

Wyndham Hotels & Resorts Trading Down 0.9 %

NYSE:WH traded down $0.69 during mid-day trading on Thursday, hitting $76.75. The company had a trading volume of 113,910 shares, compared to its average volume of 521,955. Wyndham Hotels & Resorts, Inc. has a fifty-two week low of $63.69 and a fifty-two week high of $81.73. The business’s fifty day moving average is $79.55 and its two-hundred day moving average is $76.25. The company has a debt-to-equity ratio of 2.90, a quick ratio of 0.81 and a current ratio of 0.81. The firm has a market cap of $6.22 billion, a P/E ratio of 22.77, a P/E/G ratio of 3.37 and a beta of 1.37.

Wyndham Hotels & Resorts (NYSE:WHGet Free Report) last announced its quarterly earnings results on Wednesday, February 14th. The company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.90 by $0.01. Wyndham Hotels & Resorts had a return on equity of 39.91% and a net margin of 20.74%. The company had revenue of $321.00 million during the quarter, compared to the consensus estimate of $321.35 million. During the same period in the prior year, the company earned $0.72 earnings per share. The company’s revenue for the quarter was down 3.9% compared to the same quarter last year. As a group, research analysts expect that Wyndham Hotels & Resorts, Inc. will post 4.24 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on Wyndham Hotels & Resorts in a report on Friday, February 23rd. They set a “hold” rating on the stock. One equities research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $87.00.

Check Out Our Latest Stock Analysis on Wyndham Hotels & Resorts

Wyndham Hotels & Resorts Profile

(Free Report)

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.

Further Reading

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

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