Vanguard Group Inc. Sells 190,660 Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Vanguard Group Inc. decreased its holdings in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 2.4% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 7,697,334 shares of the company’s stock after selling 190,660 shares during the quarter. Vanguard Group Inc. owned 0.10% of Wyndham Hotels & Resorts worth $775,814,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. LPL Financial LLC lifted its holdings in Wyndham Hotels & Resorts by 1.4% during the 4th quarter. LPL Financial LLC now owns 18,622 shares of the company’s stock valued at $1,877,000 after buying an additional 256 shares in the last quarter. KLP Kapitalforvaltning AS bought a new stake in shares of Wyndham Hotels & Resorts during the fourth quarter valued at approximately $1,703,000. Sei Investments Co. boosted its holdings in shares of Wyndham Hotels & Resorts by 13.3% in the fourth quarter. Sei Investments Co. now owns 47,845 shares of the company’s stock valued at $4,823,000 after purchasing an additional 5,618 shares during the period. American Century Companies Inc. grew its stake in Wyndham Hotels & Resorts by 3.3% in the fourth quarter. American Century Companies Inc. now owns 16,541 shares of the company’s stock worth $1,667,000 after purchasing an additional 523 shares in the last quarter. Finally, Teacher Retirement System of Texas grew its stake in Wyndham Hotels & Resorts by 98.6% in the fourth quarter. Teacher Retirement System of Texas now owns 30,271 shares of the company’s stock worth $3,051,000 after purchasing an additional 15,029 shares in the last quarter. 93.46% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages have weighed in on WH. Morgan Stanley upped 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. The Goldman Sachs Group raised their target price on shares of Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the company a “buy” rating in a research report on Tuesday, December 10th. Truist Financial lowered their price target 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, March 21st. Susquehanna lifted their price objective on shares of Wyndham Hotels & Resorts from $80.00 to $110.00 and gave the company a “neutral” rating in a report on Tuesday, February 25th. Finally, Stifel Nicolaus upped their target price on Wyndham Hotels & Resorts from $113.00 to $121.00 and gave the stock a “buy” rating in a report on Thursday, February 13th. Two equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to data from MarketBeat, Wyndham Hotels & Resorts presently has a consensus rating of “Moderate Buy” and an average target price of $116.08.

Wyndham Hotels & Resorts Trading Down 2.8 %

Wyndham Hotels & Resorts stock opened at $89.62 on Friday. 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 has a market cap of $6.97 billion, a PE ratio of 24.69, a price-to-earnings-growth ratio of 1.87 and a beta of 1.28. The stock has a 50-day moving average of $101.89 and a two-hundred day moving average of $95.47. Wyndham Hotels & Resorts, Inc. has a one year low of $67.67 and a one year high of $113.07.

Wyndham Hotels & Resorts (NYSE:WH) last announced its quarterly earnings data 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%. On average, research analysts anticipate that Wyndham Hotels & Resorts, Inc. will post 4.79 EPS for the current fiscal year.

Wyndham Hotels & Resorts Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 17th will be issued a dividend of $0.41 per share. The ex-dividend date is Monday, March 17th. This is a positive change from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.38. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.83%. Wyndham Hotels & Resorts’s payout ratio is 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.