Wyndham Hotels & Resorts, Inc. (NYSE:WH) Shares Sold by Geode Capital Management LLC

Geode Capital Management LLC decreased its position in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 1.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,329,678 shares of the company's stock after selling 18,281 shares during the period. Geode Capital Management LLC owned 1.71% of Wyndham Hotels & Resorts worth $134,060,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in WH. Trust Co. of Vermont boosted its stake in shares of Wyndham Hotels & Resorts by 434.8% during the fourth quarter. Trust Co. of Vermont now owns 246 shares of the company's stock worth $25,000 after buying an additional 200 shares during the period. Proficio Capital Partners LLC acquired a new stake in Wyndham Hotels & Resorts during the 4th quarter worth approximately $28,000. Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in shares of 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 purchasing an additional 234 shares during the last quarter. Nomura Asset Management Co. Ltd. increased its holdings 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 valued at $32,000 after purchasing an additional 190 shares during the period. Finally, Smartleaf Asset Management LLC raised its stake in shares of Wyndham Hotels & Resorts by 46.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 343 shares of the company's stock worth $35,000 after purchasing an additional 108 shares during the last quarter. Institutional investors and hedge funds own 93.46% of the company's stock.

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Wall Street Analyst Weigh In

Several brokerages have issued reports on WH. Jefferies Financial Group dropped their price objective on shares of Wyndham Hotels & Resorts from $125.00 to $110.00 and set a "buy" rating on the stock in a research note on Wednesday, April 9th. Wells Fargo & Company increased their price target 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. Barclays lifted their price objective on Wyndham Hotels & Resorts from $116.00 to $121.00 and gave the company an "overweight" rating in a report on Friday, February 14th. Robert W. Baird increased their target price on Wyndham Hotels & Resorts from $108.00 to $115.00 and gave the stock an "outperform" rating in a research note on Tuesday, February 18th. Finally, Truist Financial decreased their price target on Wyndham Hotels & Resorts from $122.00 to $119.00 and set a "buy" rating on the stock in a research note on Friday, March 21st. Two analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat.com, Wyndham Hotels & Resorts presently has an average rating of "Moderate Buy" and an average price target of $115.25.

Wyndham Hotels & Resorts Price Performance

Shares of Wyndham Hotels & Resorts stock traded down $1.21 on Monday, hitting $83.25. The company's stock had a trading volume of 34,891 shares, compared to its average volume of 829,424. 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 firm has a fifty day moving average price of $97.10 and a 200-day moving average price of $95.98. Wyndham Hotels & Resorts, Inc. has a 52-week low of $67.67 and a 52-week high of $113.07. The company has a market capitalization of $6.45 billion, a P/E ratio of 22.93, a price-to-earnings-growth ratio of 1.87 and a beta of 1.11.

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

Wyndham Hotels & Resorts Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 17th were issued a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a yield of 1.97%. This is a positive change from Wyndham Hotels & Resorts's previous quarterly dividend of $0.38. The ex-dividend date was Monday, March 17th. Wyndham Hotels & Resorts's dividend payout ratio is 45.18%.

About Wyndham Hotels & Resorts

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.