Amundi Has $13.53 Million Stock Holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Amundi lowered its stake in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 47.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 136,709 shares of the company's stock after selling 125,465 shares during the quarter. Amundi owned approximately 0.18% of Wyndham Hotels & Resorts worth $13,534,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC lifted its position in Wyndham Hotels & Resorts by 46.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 343 shares of the company's stock valued at $35,000 after purchasing an additional 108 shares during the period. Principal Securities Inc. lifted its position in Wyndham Hotels & Resorts by 1.0% during the 4th quarter. Principal Securities Inc. now owns 10,941 shares of the company's stock valued at $1,103,000 after purchasing an additional 113 shares during the period. Equitable Trust Co. lifted its position in Wyndham Hotels & Resorts by 1.5% during the 4th quarter. Equitable Trust Co. now owns 9,295 shares of the company's stock valued at $937,000 after purchasing an additional 135 shares during the period. M&T Bank Corp lifted its position in Wyndham Hotels & Resorts by 4.2% during the 3rd quarter. M&T Bank Corp now owns 3,415 shares of the company's stock valued at $267,000 after purchasing an additional 138 shares during the period. Finally, Crossmark Global Holdings Inc. lifted its position in Wyndham Hotels & Resorts by 2.7% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 5,674 shares of the company's stock valued at $443,000 after purchasing an additional 147 shares during the period. Institutional investors own 93.46% of the company's stock.

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Wyndham Hotels & Resorts Stock Down 3.0 %

Shares of WH traded down $2.73 during mid-day trading on Tuesday, hitting $89.42. 925,242 shares of the company's stock were exchanged, compared to its average volume of 788,525. The company has a market cap of $6.95 billion, a PE ratio of 24.63, a P/E/G ratio of 1.87 and a beta of 1.28. Wyndham Hotels & Resorts, Inc. has a 52 week low of $67.67 and a 52 week high of $113.07. The company has a 50-day simple moving average of $103.65 and a 200 day simple moving average of $94.74. The company has a debt-to-equity ratio of 3.72, a current ratio of 1.00 and a quick ratio of 1.00.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last issued its quarterly earnings results on Wednesday, February 12th. The company reported $1.04 earnings per share for the quarter, topping the consensus estimate of $1.00 by $0.04. Wyndham Hotels & Resorts had a net margin of 20.51% and a return on equity of 54.86%. On average, research analysts forecast that Wyndham Hotels & Resorts, Inc. will post 4.79 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 17th will be paid a $0.41 dividend. The ex-dividend date of this dividend is Monday, March 17th. This is a boost from Wyndham Hotels & Resorts's previous quarterly dividend of $0.38. This represents a $1.64 annualized dividend and a dividend yield of 1.83%. Wyndham Hotels & Resorts's dividend payout ratio (DPR) is currently 45.18%.

Wall Street Analyst Weigh In

WH has been the topic of a number of analyst reports. Jefferies Financial Group increased their price target on shares of Wyndham Hotels & Resorts from $107.00 to $120.00 and gave the company a "buy" rating in a research report on Thursday, January 2nd. JPMorgan Chase & Co. increased their price target on shares of Wyndham Hotels & Resorts from $99.00 to $113.00 and gave the company an "overweight" rating in a research report on Friday, December 13th. Susquehanna increased their price target on shares of Wyndham Hotels & Resorts from $80.00 to $110.00 and gave the company a "neutral" rating in a research report on Tuesday, February 25th. The Goldman Sachs Group increased their price target on shares of Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the company a "buy" rating in a research report on Tuesday, December 10th. Finally, Wells Fargo & Company increased their price target on shares of Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the company an "overweight" rating in a research report on Friday, February 14th. Two equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat.com, Wyndham Hotels & Resorts presently has an average rating of "Moderate Buy" and an average target price of $116.45.

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 Hotel Franchising and Hotel Management segments. The Hotel Franchising segment focuses on licensing the company's lodging brands and providing related services to third-party hotel owners and others.