Personal CFO Solutions LLC reduced its stake in Wyndham Hotels & Resorts, Inc. (NYSE:WH – Free Report) by 22.9% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 4,578 shares of the company’s stock after selling 1,356 shares during the quarter. Personal CFO Solutions LLC’s holdings in Wyndham Hotels & Resorts were worth $461,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently made changes to their positions in WH. Trust Co. of Vermont lifted its holdings in Wyndham Hotels & Resorts by 434.8% during the fourth quarter. Trust Co. of Vermont now owns 246 shares of the company’s stock valued at $25,000 after purchasing an additional 200 shares during the last quarter. Smartleaf Asset Management LLC increased 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 last quarter. Assetmark Inc. bought a new position in shares of Wyndham Hotels & Resorts in the third quarter worth approximately $30,000. UMB Bank n.a. increased its position in shares of Wyndham Hotels & Resorts by 72.7% in the fourth quarter. UMB Bank n.a. now owns 399 shares of the company’s stock worth $40,000 after purchasing an additional 168 shares during the last quarter. Finally, Nomura Asset Management Co. Ltd. grew its position in Wyndham Hotels & Resorts by 86.4% during 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 during the last quarter. 93.46% of the stock is owned by hedge funds and other institutional investors.
Wyndham Hotels & Resorts Stock Performance
NYSE:WH opened at $98.44 on Monday. 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, Inc. has a 1 year low of $67.67 and a 1 year high of $113.07. The stock’s 50 day simple moving average is $104.81 and its two-hundred day simple moving average is $94.15. The company has a market cap of $7.65 billion, a price-to-earnings ratio of 27.12, a PEG ratio of 1.87 and a beta of 1.28.
Wyndham Hotels & Resorts Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 17th will be given a dividend of $0.41 per share. This is an increase from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.38. The ex-dividend date of this dividend is Monday, March 17th. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.67%. Wyndham Hotels & Resorts’s dividend payout ratio is presently 41.87%.
Wall Street Analyst Weigh In
A number of analysts have recently weighed in on WH shares. Jefferies Financial Group increased their price objective on Wyndham Hotels & Resorts from $107.00 to $120.00 and gave the company a “buy” rating in a research note on Thursday, January 2nd. Barclays increased their price objective on Wyndham Hotels & Resorts from $116.00 to $121.00 and gave the company an “overweight” rating in a research note on Friday, February 14th. Stifel Nicolaus increased their price objective on Wyndham Hotels & Resorts from $113.00 to $121.00 and gave the company a “buy” rating in a research note on Thursday, February 13th. Morgan Stanley raised their price target on Wyndham Hotels & Resorts from $107.00 to $113.00 and gave the stock an “overweight” rating in a research note on Tuesday, March 4th. Finally, Wells Fargo & Company raised their price target on Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the stock an “overweight” rating in a research note on Friday, February 14th. Two 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, the company presently has a consensus rating of “Moderate Buy” and an average price target of $116.45.
Read Our Latest Analysis on Wyndham Hotels & Resorts
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.
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