Wyndham Hotels & Resorts, Inc. (NYSE:WH) Shares Acquired by Bessemer Group Inc.

Bessemer Group Inc. boosted its stake in Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 24,953.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,333,615 shares of the company's stock after buying an additional 1,328,292 shares during the quarter. Bessemer Group Inc. owned approximately 1.71% of Wyndham Hotels & Resorts worth $134,414,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Trust Co. of Vermont grew its position in shares of Wyndham Hotels & Resorts by 434.8% during the 4th 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. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in shares of Wyndham Hotels & Resorts by 508.7% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 280 shares of the company's stock valued at $28,000 after purchasing an additional 234 shares in the last quarter. Smartleaf Asset Management LLC raised its position in Wyndham Hotels & Resorts by 46.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 343 shares of the company's stock worth $35,000 after purchasing an additional 108 shares during the period. UMB Bank n.a. increased its holdings in shares of Wyndham Hotels & Resorts by 72.7% in the fourth quarter. UMB Bank n.a. now owns 399 shares of the company's stock worth $40,000 after buying an additional 168 shares during the period. Finally, Nomura Asset Management Co. Ltd. lifted its position in Wyndham Hotels & Resorts by 86.4% in the third quarter. Nomura Asset Management Co. Ltd. now owns 410 shares of the company's stock valued at $32,000 after purchasing an additional 190 shares during the last quarter. Hedge funds and other institutional investors own 93.46% of the company's stock.

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Wall Street Analyst Weigh In

A number of brokerages have issued reports on WH. Wells Fargo & Company boosted their price objective on shares of Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the company an "overweight" rating in a research report on Friday, February 14th. Truist Financial decreased 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 research note on Friday, March 21st. Jefferies Financial Group lowered their price target on Wyndham Hotels & Resorts from $125.00 to $110.00 and set a "buy" rating for the company in a research report on Wednesday, April 9th. The Goldman Sachs Group lowered their price target on Wyndham Hotels & Resorts from $124.00 to $108.00 and set a "buy" rating on the stock in a report on Monday. Finally, Barclays increased their target price on Wyndham Hotels & Resorts from $116.00 to $121.00 and gave the company an "overweight" rating in a report on Friday, February 14th. Two analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $114.67.

Wyndham Hotels & Resorts Trading Down 0.5 %

Shares of NYSE WH traded down $0.44 during midday trading on Tuesday, reaching $83.87. 146,302 shares of the stock were exchanged, compared to its average volume of 829,565. Wyndham Hotels & Resorts, Inc. has a twelve month low of $67.67 and a twelve month high of $113.07. The company has a 50 day simple moving average of $96.66 and a 200 day simple moving average of $96.01. The stock has a market capitalization of $6.50 billion, a P/E ratio of 23.10, a PEG ratio of 1.87 and a beta of 1.11. 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 (NYSE:WH - Get Free Report) last posted its quarterly earnings results on Wednesday, February 12th. The company reported $1.04 earnings per share for the quarter, beating analysts' consensus estimates of $1.00 by $0.04. Wyndham Hotels & Resorts had a return on equity of 54.86% and a net margin of 20.51%. 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 firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 17th were given a dividend of $0.41 per share. This is a boost from Wyndham Hotels & Resorts's previous quarterly dividend of $0.38. The ex-dividend date was Monday, March 17th. This represents a $1.64 annualized dividend and a yield of 1.96%. Wyndham Hotels & Resorts's payout ratio is presently 45.18%.

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 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.