Corient Private Wealth LLC Decreases Stake in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Corient Private Wealth LLC decreased its position in Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 42.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 18,017 shares of the company's stock after selling 13,366 shares during the quarter. Corient Private Wealth LLC's holdings in Wyndham Hotels & Resorts were worth $1,816,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Trust Co. of Vermont grew its position in Wyndham Hotels & Resorts by 434.8% during 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. Smartleaf Asset Management LLC increased its holdings in Wyndham Hotels & Resorts by 46.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 343 shares of the company's stock valued at $35,000 after buying an additional 108 shares during the last quarter. UMB Bank n.a. raised its stake in shares of Wyndham Hotels & Resorts by 72.7% in the fourth quarter. UMB Bank n.a. now owns 399 shares of the company's stock worth $40,000 after buying an additional 168 shares during the period. Nomura Asset Management Co. Ltd. increased its stake in shares of Wyndham Hotels & Resorts by 86.4% in the third quarter. Nomura Asset Management Co. Ltd. now owns 410 shares of the company's stock worth $32,000 after purchasing an additional 190 shares in the last quarter. Finally, First Horizon Advisors Inc. boosted its stake in shares of Wyndham Hotels & Resorts by 76.9% in the third quarter. First Horizon Advisors Inc. now owns 467 shares of the company's stock worth $36,000 after acquiring an additional 203 shares during the period. Institutional investors own 93.46% of the company's stock.

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Wyndham Hotels & Resorts Stock Performance

Shares of WH stock traded down $2.57 on Friday, hitting $89.62. The company had a trading volume of 779,031 shares, compared to its average volume of 814,143. The firm has a market cap of $6.97 billion, a P/E ratio of 24.69, a price-to-earnings-growth ratio of 1.87 and a beta of 1.28. Wyndham Hotels & Resorts, Inc. has a twelve month low of $67.67 and a twelve month high of $113.07. The company has a 50-day moving average price of $102.17 and a 200-day moving average price of $95.26. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 3.72.

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 net margin of 20.51% and a return on equity of 54.86%. As a group, equities research analysts predict that Wyndham Hotels & Resorts, Inc. will post 4.79 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Increases Dividend

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

Analysts Set New Price Targets

A number of equities analysts have commented on WH shares. Truist Financial dropped 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. Barclays raised their price objective on Wyndham Hotels & Resorts from $116.00 to $121.00 and gave the stock an "overweight" rating in a report on Friday, February 14th. Susquehanna lifted their price target on Wyndham Hotels & Resorts from $80.00 to $110.00 and gave the company a "neutral" rating in a report on Tuesday, February 25th. The Goldman Sachs Group boosted their target price on shares of Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the stock a "buy" rating in a report on Tuesday, December 10th. Finally, Wells Fargo & Company boosted their price objective on shares of Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the stock an "overweight" rating in a research note on Friday, February 14th. Two equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Wyndham Hotels & Resorts currently has an average rating of "Moderate Buy" and an average price target of $116.08.

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.