Wyndham Hotels & Resorts, Inc. (NYSE:WH) Shares Bought by Sei Investments Co.

Sei Investments Co. boosted its stake in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 13.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 47,845 shares of the company's stock after purchasing an additional 5,618 shares during the period. Sei Investments Co. owned approximately 0.06% of Wyndham Hotels & Resorts worth $4,823,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in WH. TimesSquare Capital Management LLC increased its position in Wyndham Hotels & Resorts by 74.8% during the 4th quarter. TimesSquare Capital Management LLC now owns 497,742 shares of the company's stock worth $50,167,000 after purchasing an additional 213,052 shares in the last quarter. Boston Partners grew its stake in Wyndham Hotels & Resorts by 5.3% during the fourth quarter. Boston Partners now owns 3,853,527 shares of the company's stock worth $388,462,000 after buying an additional 192,221 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new stake in Wyndham Hotels & Resorts during the fourth quarter worth approximately $18,764,000. Raymond James Financial Inc. acquired a new stake in shares of Wyndham Hotels & Resorts in the fourth quarter worth $8,462,000. Finally, Wealthfront Advisers LLC purchased a new stake in Wyndham Hotels & Resorts during the 4th quarter worth $7,558,000. Institutional investors and hedge funds own 93.46% of the company's stock.

Analyst Upgrades and Downgrades

WH has been the subject of several analyst reports. Robert W. Baird upped their target price on Wyndham Hotels & Resorts from $108.00 to $115.00 and gave the stock an "outperform" rating in a research report on Tuesday, February 18th. Susquehanna upped their price target on Wyndham Hotels & Resorts from $80.00 to $110.00 and gave the stock a "neutral" rating in a report on Tuesday, February 25th. Truist Financial dropped their price objective on shares of 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. Morgan Stanley boosted their target price 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. Finally, Jefferies Financial Group raised their price target on shares of Wyndham Hotels & Resorts from $107.00 to $120.00 and gave the company a "buy" rating in a report on Thursday, January 2nd. Two research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $116.08.

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Wyndham Hotels & Resorts Stock Performance

Shares of NYSE WH traded down $4.15 during trading on Friday, reaching $82.21. The stock had a trading volume of 1,254,722 shares, compared to its average volume of 937,364. The firm's 50 day moving average price is $100.69 and its two-hundred day moving average price is $95.69. Wyndham Hotels & Resorts, Inc. has a one year low of $67.67 and a one year high of $113.07. The stock has a market cap of $6.37 billion, a PE ratio of 22.65, a P/E/G ratio of 1.87 and a beta of 1.11. 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 released its earnings results 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%. On average, research analysts forecast that Wyndham Hotels & Resorts, Inc. will post 4.79 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Increases Dividend

The firm 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. The ex-dividend date of this dividend was Monday, March 17th. This represents a $1.64 dividend on an annualized basis and a yield of 1.99%. This is a boost from Wyndham Hotels & Resorts's previous quarterly dividend of $0.38. Wyndham Hotels & Resorts's dividend payout ratio (DPR) 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.