Renaissance Technologies LLC Raises Holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Renaissance Technologies LLC raised its position in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 103.7% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 50,100 shares of the company's stock after purchasing an additional 25,500 shares during the quarter. Renaissance Technologies LLC owned 0.06% of Wyndham Hotels & Resorts worth $5,050,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in WH. Trust Co. of Vermont lifted its position in Wyndham Hotels & Resorts by 434.8% during the fourth quarter. Trust Co. of Vermont now owns 246 shares of the company's stock valued at $25,000 after purchasing an additional 200 shares in the last quarter. Proficio Capital Partners LLC purchased a new position in shares of Wyndham Hotels & Resorts during the 4th quarter valued at about $28,000. Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in shares of Wyndham Hotels & Resorts by 508.7% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 280 shares of the company's stock valued at $28,000 after buying an additional 234 shares in the last quarter. Smartleaf Asset Management LLC grew its stake in shares of Wyndham Hotels & Resorts by 46.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 343 shares of the company's stock valued at $35,000 after acquiring an additional 108 shares during the period. Finally, UMB Bank n.a. increased its holdings in Wyndham Hotels & Resorts by 72.7% in the 4th quarter. UMB Bank n.a. now owns 399 shares of the company's stock worth $40,000 after acquiring an additional 168 shares in the last quarter. Hedge funds and other institutional investors own 93.46% of the company's stock.

Wyndham Hotels & Resorts Trading Up 2.5 %

Shares of NYSE WH traded up $2.05 during mid-day trading on Thursday, reaching $85.25. The company had a trading volume of 591,004 shares, compared to its average volume of 938,130. Wyndham Hotels & Resorts, Inc. has a 52 week low of $67.67 and a 52 week high of $113.07. The business's 50-day moving average is $92.94 and its 200-day moving average is $95.92. The stock has a market cap of $6.61 billion, a price-to-earnings ratio of 23.48, a price-to-earnings-growth ratio of 1.87 and a beta of 1.11. 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 (NYSE:WH - Get Free Report) last issued its earnings results on Wednesday, February 12th. The company reported $1.04 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%. 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 was paid on Monday, March 31st. Stockholders of record on Monday, March 17th were given a dividend of $0.41 per share. This is an increase from Wyndham Hotels & Resorts's previous quarterly dividend of $0.38. The ex-dividend date of this dividend was Monday, March 17th. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.92%. Wyndham Hotels & Resorts's dividend payout ratio is presently 45.18%.

Analysts Set New Price Targets

A number of research firms have weighed in on WH. Stifel Nicolaus upped their price target on shares of Wyndham Hotels & Resorts from $113.00 to $121.00 and gave the stock a "buy" rating in a research report on Thursday, February 13th. Truist Financial dropped their target price 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. Susquehanna raised their price target on Wyndham Hotels & Resorts from $80.00 to $110.00 and gave the company a "neutral" rating in a report on Tuesday, February 25th. Barclays dropped their price objective on Wyndham Hotels & Resorts from $121.00 to $100.00 and set an "overweight" rating for the company in a research note on Tuesday. Finally, Robert W. Baird lifted their target price on Wyndham Hotels & Resorts from $108.00 to $115.00 and gave the company an "outperform" rating in a research note on Tuesday, February 18th. Two equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $111.33.

About Wyndham Hotels & Resorts

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.