Russell Investments Group Ltd. lowered its position in Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 10.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 96,112 shares of the company's stock after selling 11,117 shares during the quarter. Russell Investments Group Ltd. owned approximately 0.12% of Wyndham Hotels & Resorts worth $9,687,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors and hedge funds have also bought and sold shares of the business. Mutual of America Capital Management LLC increased its stake in Wyndham Hotels & Resorts by 17.3% in the 4th quarter. Mutual of America Capital Management LLC now owns 173,952 shares of the company's stock worth $17,533,000 after purchasing an additional 25,702 shares during the period. CIBC Asset Management Inc purchased a new stake in Wyndham Hotels & Resorts during the 4th quarter valued at $248,000. Stifel Financial Corp grew its holdings in Wyndham Hotels & Resorts by 91.9% in the 3rd quarter. Stifel Financial Corp now owns 30,665 shares of the company's stock worth $2,396,000 after acquiring an additional 14,688 shares during the last quarter. Proficio Capital Partners LLC bought a new position in shares of Wyndham Hotels & Resorts during the fourth quarter valued at about $28,000. Finally, Bank of New York Mellon Corp boosted its holdings in shares of Wyndham Hotels & Resorts by 1.0% during the fourth quarter. Bank of New York Mellon Corp now owns 851,974 shares of the company's stock worth $85,870,000 after purchasing an additional 8,129 shares during the period. 93.46% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
Several analysts recently weighed in on WH shares. Truist Financial cut their price target on shares of Wyndham Hotels & Resorts from $122.00 to $119.00 and set a "buy" rating on the stock in a report on Friday, March 21st. Jefferies Financial Group dropped their target price on shares of Wyndham Hotels & Resorts from $125.00 to $110.00 and set a "buy" rating on the stock in a report on Wednesday, April 9th. The Goldman Sachs Group cut their price target on Wyndham Hotels & Resorts from $124.00 to $108.00 and set a "buy" rating for the company in a research note on Monday. Wells Fargo & Company raised their price objective 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. Finally, Morgan Stanley increased 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 report on Tuesday, March 4th. Two investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat, Wyndham Hotels & Resorts has an average rating of "Moderate Buy" and a consensus price target of $114.67.
Check Out Our Latest Stock Report on Wyndham Hotels & Resorts
Wyndham Hotels & Resorts Price Performance
WH stock traded down $0.89 during trading on Tuesday, hitting $83.42. 558,831 shares of the company's stock traded hands, compared to its average volume of 831,175. Wyndham Hotels & Resorts, Inc. has a 52 week low of $67.67 and a 52 week high of $113.07. The stock has a market capitalization of $6.46 billion, a price-to-earnings ratio of 22.98, a P/E/G ratio of 1.87 and a beta of 1.11. The business has a fifty day simple moving average of $96.66 and a 200 day simple moving average of $96.01. The company has a debt-to-equity ratio of 3.72, a quick ratio of 1.00 and a current ratio of 1.00.
Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last announced its quarterly earnings results on Wednesday, February 12th. The company reported $1.04 EPS for the quarter, beating 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%. As a group, research analysts expect that Wyndham Hotels & Resorts, Inc. will post 4.79 EPS for the current fiscal year.
Wyndham Hotels & Resorts Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 17th were given a $0.41 dividend. The ex-dividend date was Monday, March 17th. This is an increase 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 1.97%. Wyndham Hotels & Resorts's dividend payout ratio (DPR) is currently 45.18%.
Wyndham Hotels & Resorts Profile
(
Free Report)
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.
Further Reading
Before you consider Wyndham Hotels & Resorts, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Wyndham Hotels & Resorts wasn't on the list.
While Wyndham Hotels & Resorts currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
