WCM Investment Management LLC Has $30.75 Million Position in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

WCM Investment Management LLC cut its stake in Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 5.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 305,592 shares of the company's stock after selling 16,771 shares during the period. WCM Investment Management LLC owned about 0.39% of Wyndham Hotels & Resorts worth $30,752,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in WH. Creative Planning raised its holdings in Wyndham Hotels & Resorts by 4.4% during the second quarter. Creative Planning now owns 11,665 shares of the company's stock worth $863,000 after purchasing an additional 496 shares in the last quarter. Cetera Investment Advisers lifted its holdings in Wyndham Hotels & Resorts by 4.4% in the 2nd quarter. Cetera Investment Advisers now owns 13,282 shares of the company's stock valued at $983,000 after purchasing an additional 558 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of Wyndham Hotels & Resorts during the second quarter worth $214,000. SG Americas Securities LLC boosted its position in shares of Wyndham Hotels & Resorts by 80.4% in the third quarter. SG Americas Securities LLC now owns 10,489 shares of the company's stock worth $820,000 after acquiring an additional 4,676 shares during the last quarter. Finally, GAMMA Investing LLC raised its position in shares of Wyndham Hotels & Resorts by 54.0% in the 3rd quarter. GAMMA Investing LLC now owns 713 shares of the company's stock worth $56,000 after buying an additional 250 shares during the period. Institutional investors and hedge funds own 93.46% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on WH shares. Oppenheimer raised their price objective on Wyndham Hotels & Resorts from $90.00 to $115.00 and gave the stock an "outperform" rating in a report on Tuesday, November 12th. JPMorgan Chase & Co. raised their price target on shares of Wyndham Hotels & Resorts from $99.00 to $113.00 and gave the company an "overweight" rating in a report on Friday, December 13th. The Goldman Sachs Group lifted their price target on shares of Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the company a "buy" rating in a research report on Tuesday, December 10th. Truist Financial boosted their target price on shares of Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the stock a "buy" rating in a research report on Friday, October 25th. Finally, Barclays raised their price objective on shares of Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the stock an "overweight" rating in a report on Friday, December 13th. Two equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company's stock. Based on data from MarketBeat.com, Wyndham Hotels & Resorts has a consensus rating of "Moderate Buy" and an average price target of $108.10.

Wyndham Hotels & Resorts Price Performance

Shares of NYSE WH traded up $1.56 during trading on Wednesday, reaching $109.01. The company had a trading volume of 1,078,859 shares, compared to its average volume of 731,420. The business's 50 day moving average price is $103.03 and its 200-day moving average price is $90.17. The stock has a market cap of $8.48 billion, a PE ratio of 34.61, a PEG ratio of 2.14 and a beta of 1.29. Wyndham Hotels & Resorts, Inc. has a 52 week low of $67.67 and a 52 week high of $109.14. The company has a debt-to-equity ratio of 4.19, a quick ratio of 0.97 and a current ratio of 0.97.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last issued its quarterly earnings data on Wednesday, February 12th. The company reported $1.04 EPS for the quarter, topping the consensus estimate of $1.00 by $0.04. Wyndham Hotels & Resorts had a return on equity of 51.79% and a net margin of 18.29%. Analysts expect that Wyndham Hotels & Resorts, Inc. will post 4.3 earnings per share for the current year.

Wyndham Hotels & Resorts Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 27th. Investors of record on Friday, December 13th were issued a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a yield of 1.39%. The ex-dividend date was Friday, December 13th. Wyndham Hotels & Resorts's payout ratio is 48.25%.

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.