Jackson Square Partners LLC Sells 79,614 Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Jackson Square Partners LLC trimmed its position in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 16.7% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 396,752 shares of the company's stock after selling 79,614 shares during the period. Wyndham Hotels & Resorts accounts for approximately 4.3% of Jackson Square Partners LLC's holdings, making the stock its 2nd biggest position. Jackson Square Partners LLC owned approximately 0.51% of Wyndham Hotels & Resorts worth $39,989,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of WH. Trust Co. of Vermont boosted its position 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. Smartleaf Asset Management LLC boosted its position in Wyndham Hotels & Resorts by 46.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 343 shares of the company's stock worth $35,000 after acquiring an additional 108 shares during the period. UMB Bank n.a. grew its stake in shares of Wyndham Hotels & Resorts by 72.7% in the fourth 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. Nomura Asset Management Co. Ltd. increased its holdings 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 purchasing an additional 190 shares during the period. Finally, First Horizon Advisors Inc. raised its stake in shares of Wyndham Hotels & Resorts by 76.9% during the third quarter. First Horizon Advisors Inc. now owns 467 shares of the company's stock valued at $36,000 after purchasing an additional 203 shares in the last quarter. Institutional investors own 93.46% of the company's stock.

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Wall Street Analysts Forecast Growth

Several equities analysts have commented on WH shares. Robert W. Baird raised their target price on shares of Wyndham Hotels & Resorts from $108.00 to $115.00 and gave the company an "outperform" rating in a research note on Tuesday, February 18th. Barclays upped their target price on Wyndham Hotels & Resorts from $116.00 to $121.00 and gave the stock an "overweight" rating in a research report on Friday, February 14th. Morgan Stanley lifted their price target on Wyndham Hotels & Resorts from $107.00 to $113.00 and gave the company an "overweight" rating in a research report on Tuesday, March 4th. Redburn Atlantic upgraded Wyndham Hotels & Resorts from a "neutral" rating to a "buy" rating and set a $115.00 price objective for the company in a report on Monday, March 24th. Finally, Truist Financial lowered their target price on Wyndham Hotels & Resorts from $122.00 to $119.00 and set a "buy" rating on the stock in a report on Friday, March 21st. Two equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $116.08.

Wyndham Hotels & Resorts Trading Down 2.8 %

NYSE WH traded down $2.57 on Friday, hitting $89.62. 779,031 shares of the stock were exchanged, compared to its average volume of 814,683. The company's 50-day moving average price is $101.89 and its two-hundred day moving average price is $95.47. The company has a market capitalization of $6.97 billion, a price-to-earnings ratio of 24.69, a P/E/G ratio of 1.87 and a beta of 1.28. The company has a debt-to-equity ratio of 3.72, a current ratio of 1.00 and a quick ratio of 1.00. Wyndham Hotels & Resorts, Inc. has a 52-week low of $67.67 and a 52-week high of $113.07.

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

Wyndham Hotels & Resorts Increases Dividend

The company 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. The ex-dividend date of this dividend is Monday, March 17th. This represents a $1.64 dividend on an annualized basis and a yield of 1.83%. This is an increase from Wyndham Hotels & Resorts's previous quarterly dividend of $0.38. Wyndham Hotels & Resorts's payout ratio is 45.18%.

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.