Wyndham Hotels & Resorts, Inc. (NYSE:WH) Shares Purchased by Teacher Retirement System of Texas

Teacher Retirement System of Texas raised its holdings in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 98.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 30,271 shares of the company's stock after acquiring an additional 15,029 shares during the quarter. Teacher Retirement System of Texas' holdings in Wyndham Hotels & Resorts were worth $3,051,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in WH. Mutual of America Capital Management LLC lifted its position in Wyndham Hotels & Resorts by 17.3% in the fourth quarter. Mutual of America Capital Management LLC now owns 173,952 shares of the company's stock valued at $17,533,000 after acquiring an additional 25,702 shares during the last quarter. CIBC Asset Management Inc acquired a new stake in shares of Wyndham Hotels & Resorts during the fourth quarter worth about $248,000. Stifel Financial Corp increased its position in shares of Wyndham Hotels & Resorts by 91.9% during the third quarter. Stifel Financial Corp now owns 30,665 shares of the company's stock worth $2,396,000 after purchasing an additional 14,688 shares in the last quarter. Proficio Capital Partners LLC purchased a new stake in shares of Wyndham Hotels & Resorts in the 4th quarter valued at about $28,000. Finally, Bank of New York Mellon Corp boosted its position in shares of Wyndham Hotels & Resorts by 1.0% in the 4th quarter. Bank of New York Mellon Corp now owns 851,974 shares of the company's stock valued at $85,870,000 after purchasing an additional 8,129 shares during the period. Hedge funds and other institutional investors own 93.46% of the company's stock.

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Analyst Upgrades and Downgrades

Several research firms have recently weighed in on WH. Robert W. Baird increased their price objective on Wyndham Hotels & Resorts from $108.00 to $115.00 and gave the company an "outperform" rating in a report on Tuesday, February 18th. Truist Financial decreased their price target on shares of Wyndham Hotels & Resorts from $122.00 to $119.00 and set a "buy" rating for the company in a research note on Friday, March 21st. Susquehanna lifted their price objective on shares of Wyndham Hotels & Resorts from $80.00 to $110.00 and gave the company a "neutral" rating in a research note on Tuesday, February 25th. Morgan Stanley increased 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 note on Tuesday, March 4th. Finally, Wells Fargo & Company raised their price target on Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the stock an "overweight" rating in a report on Friday, February 14th. Two analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $116.08.

Wyndham Hotels & Resorts Price Performance

Shares of WH traded down $2.57 during mid-day trading on Friday, hitting $89.62. The company's stock had a trading volume of 779,031 shares, compared to its average volume of 814,683. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 3.72. Wyndham Hotels & Resorts, Inc. has a 1-year low of $67.67 and a 1-year high of $113.07. The firm has a market capitalization of $6.97 billion, a P/E ratio of 24.69, a P/E/G ratio of 1.87 and a beta of 1.28. The firm has a 50-day simple moving average of $101.89 and a 200 day simple moving average of $95.47.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last released its 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 return on equity of 54.86% and a net margin of 20.51%. Analysts predict that Wyndham Hotels & Resorts, Inc. will post 4.79 EPS for the current fiscal year.

Wyndham Hotels & Resorts Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 17th will be issued a $0.41 dividend. The ex-dividend date is Monday, March 17th. This is a boost 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 1.83%. Wyndham Hotels & Resorts's dividend payout ratio (DPR) is 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.