TimesSquare Capital Management LLC Increases Stock Position in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

TimesSquare Capital Management LLC lifted its position in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 74.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 497,742 shares of the company's stock after buying an additional 213,052 shares during the period. TimesSquare Capital Management LLC owned approximately 0.64% of Wyndham Hotels & Resorts worth $50,167,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also made changes to their positions in the company. Stifel Financial Corp increased its holdings in shares of Wyndham Hotels & Resorts by 91.9% during the 3rd quarter. Stifel Financial Corp now owns 30,665 shares of the company's stock worth $2,396,000 after buying an additional 14,688 shares during the last quarter. Thrivent Financial for Lutherans increased its holdings in Wyndham Hotels & Resorts by 40.8% in the 3rd quarter. Thrivent Financial for Lutherans now owns 1,747,295 shares of the company's stock valued at $136,533,000 after purchasing an additional 506,593 shares during the last quarter. Natixis Advisors LLC increased its holdings in Wyndham Hotels & Resorts by 37.7% in the 3rd quarter. Natixis Advisors LLC now owns 34,537 shares of the company's stock valued at $2,699,000 after purchasing an additional 9,463 shares during the last quarter. The Manufacturers Life Insurance Company increased its holdings in Wyndham Hotels & Resorts by 15.0% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 64,329 shares of the company's stock valued at $5,027,000 after purchasing an additional 8,389 shares during the last quarter. Finally, Impax Asset Management Group plc increased its holdings in Wyndham Hotels & Resorts by 35.0% in the 3rd quarter. Impax Asset Management Group plc now owns 135,000 shares of the company's stock valued at $10,549,000 after purchasing an additional 35,000 shares during the last quarter. Institutional investors and hedge funds own 93.46% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on WH shares. StockNews.com upgraded shares of Wyndham Hotels & Resorts from a "sell" rating to a "hold" rating in a report on Friday, November 1st. Wells Fargo & Company lifted their target price on shares of Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the company an "overweight" rating in a report on Friday, February 14th. The Goldman Sachs Group lifted their target price on shares of Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the company a "buy" rating in a report on Tuesday, December 10th. Oppenheimer lifted their target price on shares of Wyndham Hotels & Resorts from $90.00 to $115.00 and gave the company an "outperform" rating in a report on Tuesday, November 12th. Finally, Stifel Nicolaus raised their price target on shares of Wyndham Hotels & Resorts from $113.00 to $121.00 and gave the company a "buy" rating in a research report on Thursday, February 13th. Two research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $113.80.

Wyndham Hotels & Resorts Stock Down 2.7 %

WH stock traded down $2.97 during midday trading on Friday, hitting $108.94. The company's stock had a trading volume of 1,095,842 shares, compared to its average volume of 775,528. The firm has a market capitalization of $8.47 billion, a P/E ratio of 30.01, a PEG ratio of 1.87 and a beta of 1.29. The firm has a 50-day simple moving average of $104.09 and a 200-day simple moving average of $91.74. Wyndham Hotels & Resorts, Inc. has a 52-week low of $67.67 and a 52-week high of $113.07. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 3.72.

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 (EPS) for the quarter, topping 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%. As a group, equities analysts forecast that Wyndham Hotels & Resorts, Inc. will post 4.79 EPS for the current year.

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 following segments: Hotel Franchising, Hotel Management, and Corporate and Other. The Hotel Franchising segment focuses on licensing the company's lodging brands and providing related services to third-party hotel owners and others.