13,009 Shares in Wyndham Hotels & Resorts, Inc. (NYSE:WH) Purchased by Diametric Capital LP

Diametric Capital LP bought a new stake in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 13,009 shares of the company's stock, valued at approximately $1,311,000. Wyndham Hotels & Resorts comprises approximately 0.9% of Diametric Capital LP's portfolio, making the stock its 23rd largest holding.

Other institutional investors also recently bought and sold shares of the company. Intech Investment Management LLC lifted its holdings in shares of Wyndham Hotels & Resorts by 87.2% during the 3rd quarter. Intech Investment Management LLC now owns 5,901 shares of the company's stock valued at $461,000 after purchasing an additional 2,749 shares during the last quarter. Fisher Asset Management LLC purchased a new stake in Wyndham Hotels & Resorts in the third quarter valued at about $273,000. The Manufacturers Life Insurance Company boosted its holdings in Wyndham Hotels & Resorts by 15.0% in the third quarter. The Manufacturers Life Insurance Company now owns 64,329 shares of the company's stock worth $5,027,000 after acquiring an additional 8,389 shares in the last quarter. Quantbot Technologies LP purchased a new stake in shares of Wyndham Hotels & Resorts during the third quarter worth about $428,000. Finally, BNP Paribas Financial Markets increased its holdings in shares of Wyndham Hotels & Resorts by 483.7% during the third quarter. BNP Paribas Financial Markets now owns 19,380 shares of the company's stock valued at $1,514,000 after acquiring an additional 16,060 shares in the last quarter. 93.46% of the stock is currently owned by institutional investors and hedge funds.

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Analyst Ratings Changes

Several analysts have weighed in on the stock. 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 research report on Tuesday, December 10th. Susquehanna upped their target price on Wyndham Hotels & Resorts from $80.00 to $110.00 and gave the company a "neutral" rating in a research report on Tuesday, February 25th. JPMorgan Chase & Co. lifted their price target 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. Wells Fargo & Company raised their price objective on Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the stock an "overweight" rating in a research note on Friday, February 14th. Finally, Truist Financial decreased their target price on Wyndham Hotels & Resorts from $122.00 to $119.00 and set a "buy" rating for the company in a report on Friday, March 21st. Two equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $116.08.

Wyndham Hotels & Resorts Stock Performance

WH stock traded down $4.15 during midday trading on Friday, hitting $82.21. 1,254,722 shares of the stock traded hands, compared to its average volume of 819,941. Wyndham Hotels & Resorts, Inc. has a 1-year low of $67.67 and a 1-year 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 stock's fifty day simple moving average is $100.24 and its 200-day simple moving average is $95.84. The firm has a market cap of $6.37 billion, a P/E ratio of 22.65, a PEG ratio of 1.87 and a beta of 1.11.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last posted its earnings results on Wednesday, February 12th. The company reported $1.04 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, analysts expect that Wyndham Hotels & Resorts, Inc. will post 4.79 earnings per share for the current year.

Wyndham Hotels & Resorts Increases Dividend

The firm 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. This represents a $1.64 annualized dividend and a dividend yield of 1.99%. This is an increase from Wyndham Hotels & Resorts's previous quarterly dividend of $0.38. The ex-dividend date of this dividend was Monday, March 17th. Wyndham Hotels & Resorts's dividend payout ratio is presently 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.