Invesco Ltd. Reduces Position in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Invesco Ltd. decreased its holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 0.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,614,975 shares of the company's stock after selling 13,569 shares during the period. Invesco Ltd. owned 2.08% of Wyndham Hotels & Resorts worth $162,773,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of WH. Smartleaf Asset Management LLC grew its stake in Wyndham Hotels & Resorts by 46.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 343 shares of the company's stock valued at $35,000 after buying an additional 108 shares in the last quarter. Principal Securities Inc. boosted its holdings in shares of Wyndham Hotels & Resorts by 1.0% in the fourth quarter. Principal Securities Inc. now owns 10,941 shares of the company's stock worth $1,103,000 after acquiring an additional 113 shares during the period. Equitable Trust Co. grew its position in shares of Wyndham Hotels & Resorts by 1.5% in the fourth quarter. Equitable Trust Co. now owns 9,295 shares of the company's stock valued at $937,000 after purchasing an additional 135 shares in the last quarter. M&T Bank Corp raised its stake in shares of Wyndham Hotels & Resorts by 4.2% during the 3rd quarter. M&T Bank Corp now owns 3,415 shares of the company's stock valued at $267,000 after purchasing an additional 138 shares during the period. Finally, UMB Bank n.a. lifted its holdings in Wyndham Hotels & Resorts by 72.7% during the 4th quarter. UMB Bank n.a. now owns 399 shares of the company's stock worth $40,000 after purchasing an additional 168 shares in the last quarter. Institutional investors own 93.46% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have weighed in on WH shares. The Goldman Sachs Group reduced their target price on Wyndham Hotels & Resorts from $124.00 to $108.00 and set a "buy" rating for the company in a report on Monday. Redburn Atlantic raised shares of Wyndham Hotels & Resorts from a "neutral" rating to a "buy" rating and set a $115.00 price objective for the company in a research note on Monday, March 24th. Robert W. Baird increased their target price on shares of Wyndham Hotels & Resorts from $108.00 to $115.00 and gave the stock an "outperform" rating in a research note on Tuesday, February 18th. Susquehanna raised their price target on shares of Wyndham Hotels & Resorts from $80.00 to $110.00 and gave the company a "neutral" rating in a report on Tuesday, February 25th. Finally, Wells Fargo & Company upped 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. Two investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $114.67.

Wyndham Hotels & Resorts Price Performance

WH stock traded down $0.30 during mid-day trading on Friday, hitting $81.41. 607,088 shares of the stock were exchanged, compared to its average volume of 831,357. 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 has a market capitalization of $6.31 billion, a price-to-earnings ratio of 22.43, a PEG ratio of 1.87 and a beta of 1.11. The business has a fifty day moving average price of $95.12 and a 200 day moving average price of $95.84. Wyndham Hotels & Resorts, Inc. has a 12 month low of $67.67 and a 12 month high of $113.07.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last issued its earnings results on Wednesday, February 12th. The company reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate 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, sell-side analysts anticipate that Wyndham Hotels & Resorts, Inc. will post 4.79 EPS for the current year.

Wyndham Hotels & Resorts Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 17th were paid a $0.41 dividend. The ex-dividend date of this dividend was Monday, March 17th. This is an increase from Wyndham Hotels & Resorts's previous quarterly dividend of $0.38. This represents a $1.64 annualized dividend and a yield of 2.01%. Wyndham Hotels & Resorts's payout ratio is currently 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.