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Boston Partners Raises Position in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Wyndham Hotels & Resorts logo with Consumer Discretionary background
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Boston Partners lifted its position in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 5.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,853,527 shares of the company's stock after acquiring an additional 192,221 shares during the quarter. Boston Partners owned 4.95% of Wyndham Hotels & Resorts worth $388,462,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Thrivent Financial for Lutherans raised its position in shares of Wyndham Hotels & Resorts by 3.6% during the 4th quarter. Thrivent Financial for Lutherans now owns 1,810,301 shares of the company's stock worth $182,460,000 after purchasing an additional 63,006 shares during the last quarter. Envestnet Portfolio Solutions Inc. raised its position in shares of Wyndham Hotels & Resorts by 10.7% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 3,743 shares of the company's stock worth $377,000 after purchasing an additional 363 shares during the last quarter. Natixis Advisors LLC raised its position in shares of Wyndham Hotels & Resorts by 4.3% during the 4th quarter. Natixis Advisors LLC now owns 36,039 shares of the company's stock worth $3,632,000 after purchasing an additional 1,502 shares during the last quarter. Vestcor Inc acquired a new position in shares of Wyndham Hotels & Resorts during the 4th quarter worth about $343,000. Finally, HighTower Advisors LLC raised its position in shares of Wyndham Hotels & Resorts by 4.2% during the 4th quarter. HighTower Advisors LLC now owns 9,059 shares of the company's stock worth $913,000 after purchasing an additional 367 shares during the last quarter. 93.46% of the stock is owned by hedge funds and other institutional investors.

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Wyndham Hotels & Resorts Trading Down 0.4 %

Shares of NYSE WH traded down $0.38 during midday trading on Friday, reaching $90.76. 1,412,514 shares of the stock were exchanged, compared to its average volume of 786,868. The company has a 50 day simple moving average of $102.92 and a 200 day simple moving average of $94.84. The stock has a market capitalization of $7.06 billion, a P/E ratio of 25.00, 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 twelve month low of $67.67 and a twelve month high of $113.07.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last announced its quarterly earnings results on Wednesday, February 12th. The company reported $1.04 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 expect that Wyndham Hotels & Resorts, Inc. will post 4.79 earnings per share for the current year.

Wyndham Hotels & Resorts Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 17th will be issued a dividend of $0.41 per share. The ex-dividend date of this dividend is Monday, March 17th. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.81%. This is an increase from Wyndham Hotels & Resorts's previous quarterly dividend of $0.38. Wyndham Hotels & Resorts's dividend payout ratio (DPR) is currently 45.18%.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. Jefferies Financial Group upped their price target on shares of Wyndham Hotels & Resorts from $107.00 to $120.00 and gave the stock a "buy" rating in a research report on Thursday, January 2nd. Morgan Stanley increased their price objective on shares of Wyndham Hotels & Resorts from $107.00 to $113.00 and gave the company an "overweight" rating in a report on Tuesday, March 4th. Stifel Nicolaus increased their price objective on shares of Wyndham Hotels & Resorts from $113.00 to $121.00 and gave the company a "buy" rating in a report on Thursday, February 13th. Barclays increased their price objective on shares of Wyndham Hotels & Resorts from $116.00 to $121.00 and gave the company an "overweight" rating in a report on Friday, February 14th. Finally, JPMorgan Chase & Co. increased their price objective 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. Two investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to MarketBeat, Wyndham Hotels & Resorts presently has an average rating of "Moderate Buy" and a consensus target price of $116.18.

Read Our Latest Research Report on WH

Wyndham Hotels & Resorts Company Profile

(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.

See Also

Institutional Ownership by Quarter for Wyndham Hotels & Resorts (NYSE:WH)

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