186,169 Shares in Wyndham Hotels & Resorts, Inc. (NYSE:WH) Acquired by C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new stake in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 186,169 shares of the company's stock, valued at approximately $18,764,000. Wyndham Hotels & Resorts makes up approximately 0.7% of C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors' portfolio, making the stock its 27th biggest position. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors owned about 0.24% of Wyndham Hotels & Resorts as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of WH. Trust Co. of Vermont increased its holdings in Wyndham Hotels & Resorts by 434.8% in the 4th quarter. Trust Co. of Vermont now owns 246 shares of the company's stock worth $25,000 after buying an additional 200 shares in the last quarter. Assetmark Inc. bought a new stake in Wyndham Hotels & Resorts in the 3rd quarter worth about $30,000. UMB Bank n.a. increased its holdings in Wyndham Hotels & Resorts by 72.7% in the 4th quarter. UMB Bank n.a. now owns 399 shares of the company's stock worth $40,000 after buying an additional 168 shares in the last quarter. Nomura Asset Management Co. Ltd. increased its holdings in Wyndham Hotels & Resorts by 86.4% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 410 shares of the company's stock worth $32,000 after buying an additional 190 shares in the last quarter. Finally, First Horizon Advisors Inc. increased its holdings in Wyndham Hotels & Resorts by 76.9% in the 3rd quarter. First Horizon Advisors Inc. now owns 467 shares of the company's stock worth $36,000 after buying an additional 203 shares in the last quarter. 93.46% of the stock is currently owned by institutional investors.

Wyndham Hotels & Resorts Stock Performance

Shares of WH stock traded down $2.97 during trading hours on Friday, reaching $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 company has a debt-to-equity ratio of 3.72, a current ratio of 1.00 and a quick ratio of 1.00. The company has a market cap of $8.47 billion, a P/E ratio of 30.01, a P/E/G ratio of 1.87 and a beta of 1.29. The firm has a 50-day moving average price of $104.09 and a 200 day moving average price of $91.74.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last posted its quarterly earnings data on Wednesday, February 12th. The company reported $1.04 earnings per share 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%. As a group, sell-side analysts predict that Wyndham Hotels & Resorts, Inc. will post 4.79 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. Robert W. Baird lifted their price objective on Wyndham Hotels & Resorts from $108.00 to $115.00 and gave the stock an "outperform" rating in a report on Tuesday. JPMorgan Chase & Co. boosted their price target on Wyndham Hotels & Resorts from $99.00 to $113.00 and gave the company an "overweight" rating in a research note on Friday, December 13th. Barclays boosted their price target on Wyndham Hotels & Resorts from $116.00 to $121.00 and gave the company an "overweight" rating in a research note on Friday, February 14th. The Goldman Sachs Group boosted their price target on Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the company a "buy" rating in a research note on Tuesday, December 10th. Finally, Oppenheimer boosted their price target on Wyndham Hotels & Resorts from $90.00 to $115.00 and gave the company an "outperform" rating in a research note on Tuesday, November 12th. Two investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $113.80.

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.