Wyndham Hotels & Resorts, Inc. (NYSE:WH) Shares Purchased by Arrowstreet Capital Limited Partnership

Arrowstreet Capital Limited Partnership boosted its position in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 41.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 166,720 shares of the company's stock after acquiring an additional 49,220 shares during the period. Arrowstreet Capital Limited Partnership owned 0.21% of Wyndham Hotels & Resorts worth $16,804,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Trust Co. of Vermont raised its position in shares of Wyndham Hotels & Resorts by 434.8% in the 4th 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. Proficio Capital Partners LLC purchased a new position in shares of Wyndham Hotels & Resorts in the fourth quarter worth $28,000. Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in shares of Wyndham Hotels & Resorts by 508.7% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 280 shares of the company's stock valued at $28,000 after buying an additional 234 shares during the last quarter. Nomura Asset Management Co. Ltd. increased its position in shares of Wyndham Hotels & Resorts by 86.4% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 410 shares of the company's stock valued at $32,000 after acquiring an additional 190 shares during the period. Finally, 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 worth $35,000 after acquiring an additional 108 shares during the period. 93.46% of the stock is currently owned by institutional investors and hedge funds.

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Analysts Set New Price Targets

Several research analysts have recently issued reports on WH shares. Barclays raised their price objective on Wyndham Hotels & Resorts from $116.00 to $121.00 and gave the stock an "overweight" rating in a research note on Friday, February 14th. Truist Financial decreased their price objective on shares of Wyndham Hotels & Resorts from $122.00 to $119.00 and set a "buy" rating for the company in a research note on Friday, March 21st. Wells Fargo & Company raised their target price on shares of Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the stock an "overweight" rating in a report on Friday, February 14th. JPMorgan Chase & Co. upped their price target on shares of Wyndham Hotels & Resorts from $99.00 to $113.00 and gave the company an "overweight" rating in a report on Friday, December 13th. Finally, Jefferies Financial Group lifted their price objective on Wyndham Hotels & Resorts from $107.00 to $120.00 and gave the company a "buy" rating in a research note on Thursday, January 2nd. Two research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $116.08.

Wyndham Hotels & Resorts Price Performance

WH stock traded down $2.91 during mid-day trading on Monday, reaching $79.45. 1,671,600 shares of the company's stock were exchanged, compared to its average volume of 823,352. 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, Inc. has a 12-month low of $67.67 and a 12-month high of $113.07. The stock's 50 day moving average is $100.24 and its 200 day moving average is $95.96. The company has a market cap of $6.16 billion, a price-to-earnings ratio of 21.89, a price-to-earnings-growth ratio of 1.87 and a beta of 1.11.

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

Wyndham Hotels & Resorts Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 17th were paid a dividend of $0.41 per share. The ex-dividend date of this dividend was Monday, March 17th. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.06%. This is a boost from Wyndham Hotels & Resorts's previous quarterly dividend of $0.38. Wyndham Hotels & Resorts's payout ratio is currently 45.18%.

Wyndham Hotels & Resorts 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.