Sherman Asset Management Inc. Acquires Shares of 531 Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Sherman Asset Management Inc. acquired a new stake in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) during the 4th quarter, HoldingsChannel reports. The fund acquired 531 shares of the company’s stock, valued at approximately $54,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Principal Securities Inc. increased its position in Wyndham Hotels & Resorts by 1.0% during the fourth quarter. Principal Securities Inc. now owns 10,941 shares of the company’s stock worth $1,103,000 after purchasing an additional 113 shares during the last quarter. Equitable Trust Co. increased its position in Wyndham Hotels & Resorts by 1.5% during the fourth quarter. Equitable Trust Co. now owns 9,295 shares of the company’s stock worth $937,000 after purchasing an additional 135 shares during the last quarter. M&T Bank Corp increased its position in Wyndham Hotels & Resorts by 4.2% during the third quarter. M&T Bank Corp now owns 3,415 shares of the company’s stock worth $267,000 after purchasing an additional 138 shares during the last quarter. Crossmark Global Holdings Inc. increased its position in Wyndham Hotels & Resorts by 2.7% during the third quarter. Crossmark Global Holdings Inc. now owns 5,674 shares of the company’s stock worth $443,000 after purchasing an additional 147 shares during the last quarter. Finally, UMB Bank n.a. increased its position in shares of Wyndham Hotels & Resorts by 72.7% during the fourth quarter. UMB Bank n.a. now owns 399 shares of the company’s stock valued at $40,000 after acquiring an additional 168 shares during the last quarter. 93.46% of the stock is owned by hedge funds and other institutional investors.

Wyndham Hotels & Resorts Stock Performance

Shares of Wyndham Hotels & Resorts stock opened at $108.19 on Friday. The firm’s fifty day simple moving average is $104.71 and its 200-day simple moving average is $93.06. The stock has a market capitalization of $8.41 billion, a price-to-earnings ratio of 29.80, a PEG ratio of 1.87 and a beta of 1.29. Wyndham Hotels & Resorts, Inc. has a 12 month low of $67.67 and a 12 month high of $113.07. The company has a debt-to-equity ratio of 3.72, a current ratio of 1.00 and a quick ratio of 1.00.

Wyndham Hotels & Resorts (NYSE:WH) last announced its earnings results on Wednesday, February 12th. The company reported $1.04 EPS for the quarter, beating 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 forecast that Wyndham Hotels & Resorts, Inc. will post 4.79 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on WH shares. Stifel Nicolaus lifted 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 report on Thursday, February 13th. Robert W. Baird lifted 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 report on Tuesday, February 18th. Jefferies Financial Group lifted 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 report on Thursday, January 2nd. Barclays raised their price objective on shares of Wyndham Hotels & Resorts from $116.00 to $121.00 and gave the company an “overweight” rating in a research note on Friday, February 14th. Finally, Wells Fargo & Company raised 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 note on Friday, February 14th. Two investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $116.80.

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 following segments: Hotel Franchising, Hotel Management, and Corporate and Other. The Hotel Franchising segment focuses on licensing the company’s lodging brands and providing related services to third-party hotel owners and others.