Inceptionr LLC Sells 15,442 Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Inceptionr LLC lowered its holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 61.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 9,546 shares of the company's stock after selling 15,442 shares during the period. Inceptionr LLC's holdings in Wyndham Hotels & Resorts were worth $962,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Raymond James Financial Inc. purchased a new position in Wyndham Hotels & Resorts in the fourth quarter worth $8,462,000. Proficio Capital Partners LLC purchased a new position in Wyndham Hotels & Resorts in the fourth quarter worth $28,000. Assetmark Inc. boosted its position in Wyndham Hotels & Resorts by 1,694.9% in the fourth quarter. Assetmark Inc. now owns 7,000 shares of the company's stock worth $706,000 after purchasing an additional 6,610 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its position in Wyndham Hotels & Resorts by 1.5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 732,710 shares of the company's stock worth $73,850,000 after purchasing an additional 10,628 shares during the last quarter. Finally, Jones Financial Companies Lllp boosted its position in Wyndham Hotels & Resorts by 435.3% in the fourth quarter. Jones Financial Companies Lllp now owns 1,365 shares of the company's stock worth $138,000 after purchasing an additional 1,110 shares during the last quarter. Hedge funds and other institutional investors own 93.46% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Wells Fargo & Company upped their price target on Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the company an "overweight" rating in a research report on Friday, February 14th. Robert W. Baird upped their price target on Wyndham Hotels & Resorts from $108.00 to $115.00 and gave the company an "outperform" rating in a research report on Tuesday, February 18th. Barclays upped their price target on Wyndham Hotels & Resorts from $116.00 to $121.00 and gave the company an "overweight" rating in a research report on Friday, February 14th. Oppenheimer upped their price target on Wyndham Hotels & Resorts from $90.00 to $115.00 and gave the company an "outperform" rating in a research report on Tuesday, November 12th. Finally, Truist Financial upped their price target on Wyndham Hotels & Resorts from $105.00 to $122.00 and gave the company a "buy" rating in a research report on Wednesday, February 19th. Two research analysts have rated the stock with a hold rating and ten have given 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 target price of $116.45.

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Wyndham Hotels & Resorts Stock Performance

Shares of NYSE:WH traded down $1.97 during midday trading on Friday, reaching $98.44. 2,076,263 shares of the company traded hands, compared to its average volume of 781,567. 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, Inc. has a 12 month low of $67.67 and a 12 month high of $113.07. The firm has a market capitalization of $7.65 billion, a price-to-earnings ratio of 27.12, a price-to-earnings-growth ratio of 1.87 and a beta of 1.28. The firm's fifty day moving average price is $104.81 and its two-hundred day moving average price is $94.15.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last announced its earnings results on Wednesday, February 12th. The company reported $1.04 earnings per share for the quarter, topping 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, equities 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 will be paid on Monday, March 31st. Shareholders of record on Monday, March 17th will be paid a $0.41 dividend. This is a positive change from Wyndham Hotels & Resorts's previous quarterly dividend of $0.38. This represents a $1.64 dividend on an annualized basis and a yield of 1.67%. The ex-dividend date is Monday, March 17th. Wyndham Hotels & Resorts's dividend payout ratio is currently 41.87%.

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.