Zurcher Kantonalbank Zurich Cantonalbank Purchases 3,935 Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 24.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 20,156 shares of the company's stock after buying an additional 3,935 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank's holdings in Wyndham Hotels & Resorts were worth $2,032,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in WH. Raymond James Financial Inc. acquired a new stake in Wyndham Hotels & Resorts during the 4th quarter valued at $8,462,000. Proficio Capital Partners LLC acquired a new stake in Wyndham Hotels & Resorts during the 4th quarter valued at $28,000. Assetmark Inc. raised its stake in Wyndham Hotels & Resorts by 1,694.9% during the 4th quarter. Assetmark Inc. now owns 7,000 shares of the company's stock valued at $706,000 after purchasing an additional 6,610 shares during the period. Charles Schwab Investment Management Inc. raised its stake in Wyndham Hotels & Resorts by 1.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 732,710 shares of the company's stock valued at $73,850,000 after purchasing an additional 10,628 shares during the period. Finally, Jones Financial Companies Lllp raised its stake in Wyndham Hotels & Resorts by 435.3% during the 4th quarter. Jones Financial Companies Lllp now owns 1,365 shares of the company's stock valued at $138,000 after purchasing an additional 1,110 shares during the period. Institutional investors and hedge funds own 93.46% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the stock. Susquehanna upped their price target on shares of Wyndham Hotels & Resorts from $80.00 to $110.00 and gave the stock a "neutral" rating in a research note on Tuesday, February 25th. JPMorgan Chase & Co. upped their price objective on shares of Wyndham Hotels & Resorts from $99.00 to $113.00 and gave the stock an "overweight" rating in a report on Friday, December 13th. Morgan Stanley upped their price objective on shares of Wyndham Hotels & Resorts from $107.00 to $113.00 and gave the stock an "overweight" rating in a report on Tuesday, March 4th. Wells Fargo & Company upped their price objective on shares of Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the stock an "overweight" rating in a report on Friday, February 14th. Finally, Barclays upped their price objective on shares of Wyndham Hotels & Resorts from $116.00 to $121.00 and gave the stock an "overweight" rating in a report on Friday, February 14th. Two analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. Based on data from MarketBeat.com, Wyndham Hotels & Resorts has an average rating of "Moderate Buy" and a consensus price target of $116.45.

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Wyndham Hotels & Resorts Price Performance

Shares of NYSE WH traded down $0.11 during mid-day trading on Thursday, hitting $91.07. 898,647 shares of the stock were exchanged, compared to its average volume of 786,489. The company has a market cap of $7.08 billion, a P/E ratio of 25.09, a PEG ratio of 1.87 and a beta of 1.28. The stock's fifty day simple moving average is $103.27 and its two-hundred day simple moving average is $94.79. 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 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, Inc. 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 of this dividend 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 1.80%. Wyndham Hotels & Resorts's dividend payout ratio (DPR) is presently 45.18%.

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.