WINTON GROUP Ltd boosted its stake in Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 53.4% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 11,769 shares of the company's stock after buying an additional 4,095 shares during the quarter. WINTON GROUP Ltd's holdings in Wyndham Hotels & Resorts were worth $1,186,000 at the end of the most recent quarter.
A number of other institutional investors also recently modified their holdings of the stock. Boston Partners grew its stake in shares of Wyndham Hotels & Resorts by 5.3% in the 4th quarter. Boston Partners now owns 3,853,527 shares of the company's stock valued at $388,462,000 after buying an additional 192,221 shares in the last quarter. Thrivent Financial for Lutherans lifted its stake in Wyndham Hotels & Resorts by 3.6% in the fourth quarter. Thrivent Financial for Lutherans now owns 1,810,301 shares of the company's stock valued at $182,460,000 after acquiring an additional 63,006 shares during the last quarter. Bank of New York Mellon Corp grew its position in Wyndham Hotels & Resorts by 1.0% in the fourth quarter. Bank of New York Mellon Corp now owns 851,974 shares of the company's stock worth $85,870,000 after acquiring an additional 8,129 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of Wyndham Hotels & Resorts by 1.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 732,710 shares of the company's stock worth $73,850,000 after purchasing an additional 10,628 shares during the last quarter. Finally, Janus Henderson Group PLC raised its holdings in shares of Wyndham Hotels & Resorts by 4.5% during the 3rd quarter. Janus Henderson Group PLC now owns 628,521 shares of the company's stock valued at $49,116,000 after purchasing an additional 27,172 shares in the last quarter. Institutional investors and hedge funds own 93.46% of the company's stock.
Wall Street Analyst Weigh In
A number of brokerages recently issued reports on WH. Truist Financial decreased their price objective on shares of Wyndham Hotels & Resorts from $122.00 to $119.00 and set a "buy" rating for the company in a report on Friday, March 21st. Barclays raised their price objective on Wyndham Hotels & Resorts from $116.00 to $121.00 and gave the company an "overweight" rating in a research note on Friday, February 14th. Susquehanna upped their target price on Wyndham Hotels & Resorts from $80.00 to $110.00 and gave the stock a "neutral" rating in a research report on Tuesday, February 25th. Robert W. Baird lifted their price target on shares of Wyndham Hotels & Resorts from $108.00 to $115.00 and gave the company an "outperform" rating in a research report on Tuesday, February 18th. Finally, Jefferies Financial Group upped their price objective on shares of Wyndham Hotels & Resorts from $107.00 to $120.00 and gave the stock a "buy" rating in a report on Thursday, January 2nd. Two analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. Based on data from MarketBeat.com, Wyndham Hotels & Resorts has a consensus rating of "Moderate Buy" and an average target price of $116.08.
Get Our Latest Report on WH
Wyndham Hotels & Resorts Stock Performance
Shares of NYSE:WH traded up $0.83 on Wednesday, hitting $91.83. 159,364 shares of the company were exchanged, compared to its average volume of 918,605. The company's 50 day moving average price is $101.35 and its two-hundred day moving average price is $95.78. The firm has a market capitalization of $7.14 billion, a price-to-earnings ratio of 25.29, a PEG ratio of 1.87 and a beta of 1.28. 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, Inc. has a one year low of $67.67 and a one year high of $113.07.
Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last posted its quarterly earnings results on Wednesday, February 12th. The company reported $1.04 EPS for the quarter, beating the consensus estimate of $1.00 by $0.04. Wyndham Hotels & Resorts had a return on equity of 54.86% and a net margin of 20.51%. Research analysts expect that Wyndham Hotels & Resorts, Inc. will post 4.79 earnings per share for the current year.
Wyndham Hotels & Resorts Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 17th were issued a $0.41 dividend. This represents a $1.64 annualized dividend and a yield of 1.79%. The ex-dividend date of this dividend was Monday, March 17th. This is a positive change from Wyndham Hotels & Resorts's previous quarterly dividend of $0.38. Wyndham Hotels & Resorts's payout ratio is 45.18%.
About Wyndham Hotels & Resorts
(
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.
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