ExodusPoint Capital Management LP Reduces Holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

ExodusPoint Capital Management LP trimmed its holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 74.7% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 45,616 shares of the company's stock after selling 134,458 shares during the period. ExodusPoint Capital Management LP owned approximately 0.06% of Wyndham Hotels & Resorts worth $4,598,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in WH. Trust Co. of Vermont lifted its stake 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. Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in Wyndham Hotels & Resorts by 508.7% in the 4th 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 period. Smartleaf Asset Management LLC lifted its position in Wyndham Hotels & Resorts by 46.0% in 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. boosted its stake in Wyndham Hotels & Resorts by 72.7% during 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. Finally, Nomura Asset Management Co. Ltd. increased its position in shares of Wyndham Hotels & Resorts by 86.4% during the third 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 last quarter. 93.46% of the stock is currently owned by hedge funds and other institutional investors.

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Wyndham Hotels & Resorts Stock Up 2.3 %

NYSE WH traded up $1.94 on Friday, hitting $84.44. 767,654 shares of the stock were exchanged, compared to its average volume of 830,997. Wyndham Hotels & Resorts, Inc. has a fifty-two week low of $67.67 and a fifty-two week high of $113.07. The company has a 50-day moving average price of $97.10 and a 200-day moving average price of $95.88. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 3.72. The company has a market cap of $6.54 billion, a PE ratio of 23.26, a PEG ratio of 1.87 and a beta of 1.11.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last issued its earnings results on Wednesday, February 12th. The company reported $1.04 EPS for the quarter, topping analysts' consensus estimates of $1.00 by $0.04. Wyndham Hotels & Resorts had a net margin of 20.51% and a return on equity of 54.86%. Sell-side analysts anticipate that Wyndham Hotels & Resorts, Inc. will post 4.79 EPS for the current fiscal 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 given a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a dividend yield of 1.94%. The ex-dividend date was Monday, March 17th. This is a positive change from Wyndham Hotels & Resorts's previous quarterly dividend of $0.38. Wyndham Hotels & Resorts's dividend payout ratio (DPR) is 45.18%.

Analysts Set New Price Targets

WH has been the topic of several recent analyst reports. JPMorgan Chase & Co. upped their price objective on shares of Wyndham Hotels & Resorts from $99.00 to $113.00 and gave the stock an "overweight" rating in a report on Friday, December 13th. Redburn Atlantic upgraded Wyndham Hotels & Resorts from a "neutral" rating to a "buy" rating and set a $115.00 price target on the stock in a research note on Monday, March 24th. Stifel Nicolaus boosted their price objective on Wyndham Hotels & Resorts from $113.00 to $121.00 and gave the company a "buy" rating in a report on Thursday, February 13th. Wells Fargo & Company raised their target price on Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the company an "overweight" rating in a report on Friday, February 14th. Finally, Morgan Stanley boosted their price target on shares of Wyndham Hotels & Resorts from $107.00 to $113.00 and gave the stock an "overweight" rating in a research note on Tuesday, March 4th. Two investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to MarketBeat.com, Wyndham Hotels & Resorts currently has a consensus rating of "Moderate Buy" and a consensus price target of $115.25.

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.