Wyndham Hotels & Resorts, Inc. (NYSE:WH) Shares Purchased by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans boosted its stake in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 3.6% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 1,810,301 shares of the company's stock after purchasing an additional 63,006 shares during the period. Thrivent Financial for Lutherans owned approximately 2.33% of Wyndham Hotels & Resorts worth $182,460,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Trust Co. of Vermont boosted its stake 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 worth $25,000 after acquiring an additional 200 shares in the last quarter. Proficio Capital Partners LLC purchased a new stake in shares of Wyndham Hotels & Resorts during the 4th quarter worth about $28,000. Assetmark Inc. purchased a new stake in shares of Wyndham Hotels & Resorts during the 3rd quarter worth about $30,000. Nomura Asset Management Co. Ltd. boosted its stake in shares of Wyndham Hotels & Resorts by 86.4% during the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 410 shares of the company's stock worth $32,000 after acquiring an additional 190 shares in the last quarter. Finally, Smartleaf Asset Management LLC boosted 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 worth $35,000 after acquiring an additional 108 shares in the last quarter. 93.46% of the stock is owned by institutional investors and hedge funds.

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.

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

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on WH shares. Robert W. Baird raised 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 note on Tuesday, February 18th. Susquehanna raised their price target on shares of Wyndham Hotels & Resorts from $80.00 to $110.00 and gave the company a "neutral" rating in a research note on Tuesday, February 25th. Morgan Stanley raised their price target on shares of Wyndham Hotels & Resorts from $107.00 to $113.00 and gave the company an "overweight" rating in a research note on Tuesday, March 4th. Stifel Nicolaus raised their price target on shares of Wyndham Hotels & Resorts from $113.00 to $121.00 and gave the company a "buy" rating in a research note on Thursday, February 13th. Finally, Jefferies Financial Group raised their price target on shares of Wyndham Hotels & Resorts from $107.00 to $120.00 and gave the company a "buy" rating in a research note on Thursday, January 2nd. Two analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $116.18.

Wyndham Hotels & Resorts 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.