Allspring Global Investments Holdings LLC Has $8.43 Million Stock Holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Allspring Global Investments Holdings LLC grew its stake in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 71.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 84,468 shares of the company's stock after purchasing an additional 35,329 shares during the quarter. Allspring Global Investments Holdings LLC owned approximately 0.11% of Wyndham Hotels & Resorts worth $8,430,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Trust Co. of Vermont grew its holdings in shares of Wyndham Hotels & Resorts by 434.8% during the fourth quarter. Trust Co. of Vermont now owns 246 shares of the company's stock valued at $25,000 after purchasing an additional 200 shares during the last quarter. Assetmark Inc. bought a new position in shares of Wyndham Hotels & Resorts during the third quarter valued at approximately $30,000. UMB Bank n.a. grew its holdings in shares of Wyndham Hotels & Resorts by 72.7% during the fourth quarter. UMB Bank n.a. now owns 399 shares of the company's stock valued at $40,000 after purchasing an additional 168 shares during the last quarter. Nomura Asset Management Co. Ltd. grew its holdings in shares of Wyndham Hotels & Resorts by 86.4% during the third 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 last quarter. Finally, First Horizon Advisors Inc. grew its holdings in shares of Wyndham Hotels & Resorts by 76.9% during the third quarter. First Horizon Advisors Inc. now owns 467 shares of the company's stock valued at $36,000 after purchasing an additional 203 shares during the last quarter. 93.46% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. JPMorgan Chase & Co. boosted their price objective on Wyndham Hotels & Resorts from $99.00 to $113.00 and gave the stock an "overweight" rating in a research report on Friday, December 13th. Barclays boosted their price objective on Wyndham Hotels & Resorts from $116.00 to $121.00 and gave the stock an "overweight" rating in a research report on Friday, February 14th. Truist Financial boosted their price objective on Wyndham Hotels & Resorts from $105.00 to $122.00 and gave the stock a "buy" rating in a research report on Wednesday. Jefferies Financial Group boosted their price objective on Wyndham Hotels & Resorts from $107.00 to $120.00 and gave the stock a "buy" rating in a research report on Thursday, January 2nd. Finally, Stifel Nicolaus increased their price target on Wyndham Hotels & Resorts from $113.00 to $121.00 and gave the company a "buy" rating in a research note on Thursday, February 13th. Two analysts have rated the stock with a hold rating and nine have given a buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $113.80.

Wyndham Hotels & Resorts Stock Down 2.7 %

NYSE WH traded down $2.97 during trading on Friday, hitting $108.94. 1,095,842 shares of the company traded hands, compared to its average volume of 775,528. Wyndham Hotels & Resorts, Inc. has a 12 month low of $67.67 and a 12 month high of $113.07. The business has a fifty day simple moving average of $103.98 and a 200 day simple moving average of $91.49. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 3.72. The company has a market capitalization of $8.47 billion, a P/E ratio of 30.01, a PEG ratio of 1.87 and a beta of 1.29.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last posted its earnings results on Wednesday, February 12th. The company reported $1.04 earnings per share for the quarter, beating the consensus estimate of $1.00 by $0.04. Wyndham Hotels & Resorts had a return on equity of 54.86% and a net margin of 20.51%. As a group, sell-side analysts predict that Wyndham Hotels & Resorts, Inc. will post 4.79 EPS for the current year.

Wyndham Hotels & Resorts Company Profile

Wyndham Hotels & Resorts, Inc engages in the franchise and operation of hotels under the Wyndham brand. It operates through the following segments: Hotel Franchising, Hotel Management, and Corporate and Other. The Hotel Franchising segment focuses on licensing the company's lodging brands and providing related services to third-party hotel owners and others.