Wyndham Hotels & Resorts, Inc. (NYSE:WH) Sees Significant Decrease in Short Interest

Wyndham Hotels & Resorts, Inc. (NYSE:WH - Get Free Report) was the recipient of a significant decrease in short interest in February. As of February 28th, there was short interest totalling 2,480,000 shares, a decrease of 21.8% from the February 13th total of 3,170,000 shares. Approximately 3.3% of the company's stock are sold short. Based on an average daily volume of 853,900 shares, the short-interest ratio is currently 2.9 days.

Analyst Upgrades and Downgrades

WH has been the subject of a number of recent research reports. Susquehanna upped their price objective on shares of Wyndham Hotels & Resorts from $80.00 to $110.00 and gave the stock a "neutral" rating in a report on Tuesday, February 25th. Morgan Stanley upped their price target 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. Jefferies Financial Group upped their price target on shares of Wyndham Hotels & Resorts from $107.00 to $120.00 and gave the company a "buy" rating in a report on Thursday, January 2nd. Robert W. Baird upped their price objective on shares of Wyndham Hotels & Resorts from $108.00 to $115.00 and gave the company an "outperform" rating in a research report on Tuesday, February 18th. Finally, Truist Financial cut their price objective on shares of Wyndham Hotels & Resorts from $122.00 to $119.00 and set a "buy" rating for the company in a research report on Friday. Two equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $116.18.

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Hedge Funds Weigh In On Wyndham Hotels & Resorts

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Boston Partners boosted its stake in Wyndham Hotels & Resorts by 5.3% in the fourth quarter. Boston Partners now owns 3,853,527 shares of the company's stock valued at $388,462,000 after acquiring an additional 192,221 shares during the last quarter. Burgundy Asset Management Ltd. boosted its stake in Wyndham Hotels & Resorts by 1.7% in the fourth quarter. Burgundy Asset Management Ltd. now owns 2,301,289 shares of the company's stock valued at $231,947,000 after acquiring an additional 37,832 shares during the last quarter. Thrivent Financial for Lutherans boosted its stake in Wyndham Hotels & Resorts by 3.6% in the fourth quarter. Thrivent Financial for Lutherans now owns 1,810,301 shares of the company's stock valued at $182,460,000 after acquiring an additional 63,006 shares during the last quarter. T. Rowe Price Investment Management Inc. boosted its stake in Wyndham Hotels & Resorts by 6.1% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 1,419,168 shares of the company's stock valued at $143,038,000 after acquiring an additional 81,730 shares during the last quarter. Finally, Bessemer Group Inc. boosted its stake in Wyndham Hotels & Resorts by 24,953.8% in the fourth quarter. Bessemer Group Inc. now owns 1,333,615 shares of the company's stock valued at $134,414,000 after acquiring an additional 1,328,292 shares during the last quarter. 93.46% of the stock is owned by institutional investors.

Wyndham Hotels & Resorts Price Performance

Shares of NYSE WH traded down $1.38 during mid-day trading on Friday, hitting $89.77. 456,848 shares of the stock were exchanged, compared to its average volume of 784,890. Wyndham Hotels & Resorts has a twelve month low of $67.67 and a twelve month high of $113.07. The company has a debt-to-equity ratio of 3.72, a quick ratio of 1.00 and a current ratio of 1.00. The stock's fifty day simple moving average is $103.12 and its two-hundred day simple moving average is $94.76. The company has a market cap of $6.98 billion, a P/E ratio of 24.73, a PEG ratio of 1.87 and a beta of 1.28.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last released its quarterly earnings results on Wednesday, February 12th. The company reported $1.04 EPS for the quarter, beating the consensus estimate 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, analysts forecast that Wyndham Hotels & Resorts will post 4.79 EPS for the current fiscal year.

Wyndham Hotels & Resorts Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 17th will be paid a $0.41 dividend. The ex-dividend date is Monday, March 17th. This is a boost from Wyndham Hotels & Resorts's previous quarterly dividend of $0.38. This represents a $1.64 dividend on an annualized basis and a yield of 1.83%. Wyndham Hotels & Resorts's dividend payout ratio (DPR) is presently 45.18%.

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.