AGF Management Ltd. Lowers Position in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

AGF Management Ltd. reduced its holdings in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 33.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 26,556 shares of the company's stock after selling 13,500 shares during the quarter. AGF Management Ltd.'s holdings in Wyndham Hotels & Resorts were worth $2,677,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of the business. Trust Co. of Vermont boosted its position in Wyndham Hotels & Resorts by 434.8% in the fourth quarter. Trust Co. of Vermont now owns 246 shares of the company's stock worth $25,000 after purchasing an additional 200 shares during the last quarter. Smartleaf Asset Management LLC boosted its position in shares of Wyndham Hotels & Resorts by 46.0% in the fourth 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. Assetmark Inc. purchased a new stake in shares of Wyndham Hotels & Resorts in the third quarter worth $30,000. UMB Bank n.a. lifted its stake in shares of Wyndham Hotels & Resorts by 72.7% during the 4th quarter. UMB Bank n.a. now owns 399 shares of the company's stock valued at $40,000 after buying an additional 168 shares in the last quarter. Finally, Nomura Asset Management Co. Ltd. lifted its position in shares of 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 acquiring an additional 190 shares in the last quarter. 93.46% of the stock is owned by hedge funds and other institutional investors.

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Wyndham Hotels & Resorts Trading Up 2.7 %

Shares of WH traded up $2.40 during trading hours on Monday, reaching $92.00. 1,159,622 shares of the company traded hands, compared to its average volume of 930,536. The stock's fifty day moving average price is $103.82 and its 200 day moving average price is $94.63. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 3.72. The firm has a market cap of $7.15 billion, a price-to-earnings ratio of 25.34, a PEG ratio of 1.87 and a beta of 1.28. Wyndham Hotels & Resorts, Inc. has a 12-month low of $67.67 and a 12-month high of $113.07.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last released its quarterly earnings data on Wednesday, February 12th. The company reported $1.04 earnings per share (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%. Sell-side analysts forecast 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 disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors 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 represents a $1.64 annualized dividend and a yield of 1.78%. This is a boost from Wyndham Hotels & Resorts's previous quarterly dividend of $0.38. Wyndham Hotels & Resorts's dividend payout ratio is 45.18%.

Wall Street Analysts Forecast Growth

WH has been the subject of a number of research reports. Robert W. Baird upped their target price on shares of Wyndham Hotels & Resorts from $108.00 to $115.00 and gave the stock an "outperform" rating in a research report on Tuesday, February 18th. Stifel Nicolaus lifted their price target on 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 upped their price objective on Wyndham Hotels & Resorts from $105.00 to $122.00 and gave the company a "buy" rating in a research report on Wednesday, February 19th. Morgan Stanley lifted their target price on Wyndham Hotels & Resorts from $107.00 to $113.00 and gave the stock an "overweight" rating in a report on Tuesday, March 4th. Finally, Wells Fargo & Company increased their price target on Wyndham Hotels & Resorts from $114.00 to $116.00 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 ten have issued a buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $116.45.

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.