13,009 Shares in Wyndham Hotels & Resorts, Inc. (NYSE:WH) Acquired by Diametric Capital LP

Diametric Capital LP purchased a new stake in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 13,009 shares of the company’s stock, valued at approximately $1,311,000. Wyndham Hotels & Resorts comprises 0.9% of Diametric Capital LP’s portfolio, making the stock its 23rd largest position.

Other large investors have also recently made changes to their positions in the company. Mutual of America Capital Management LLC grew its holdings in shares of Wyndham Hotels & Resorts by 17.3% during the 4th quarter. Mutual of America Capital Management LLC now owns 173,952 shares of the company’s stock valued at $17,533,000 after purchasing an additional 25,702 shares during the last quarter. CIBC Asset Management Inc purchased a new stake in Wyndham Hotels & Resorts during the fourth quarter valued at about $248,000. Stifel Financial Corp grew its stake in shares of Wyndham Hotels & Resorts by 91.9% during the third quarter. Stifel Financial Corp now owns 30,665 shares of the company’s stock valued at $2,396,000 after buying an additional 14,688 shares during the last quarter. Proficio Capital Partners LLC purchased a new position in shares of Wyndham Hotels & Resorts in the fourth quarter worth about $28,000. Finally, Bank of New York Mellon Corp lifted its stake in shares of Wyndham Hotels & Resorts by 1.0% in the 4th quarter. Bank of New York Mellon Corp now owns 851,974 shares of the company’s stock valued at $85,870,000 after acquiring an additional 8,129 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 WH opened at $90.63 on Tuesday. The company has a 50-day simple moving average of $101.64 and a two-hundred day simple moving average of $95.69. The company has a debt-to-equity ratio of 3.72, a current ratio of 1.00 and a quick ratio of 1.00. The firm has a market capitalization of $7.05 billion, a PE ratio of 24.97, a price-to-earnings-growth ratio of 1.87 and a beta of 1.28. 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 released 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 return on equity of 54.86% and a net margin of 20.51%. On average, analysts anticipate that Wyndham Hotels & Resorts, Inc. will post 4.79 EPS for the current fiscal year.

Wyndham Hotels & Resorts Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 17th were issued a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.81%. The ex-dividend date of this dividend was Monday, March 17th. This is a boost from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.38. Wyndham Hotels & Resorts’s payout ratio is 45.18%.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on WH shares. Truist Financial decreased their price target on Wyndham Hotels & Resorts from $122.00 to $119.00 and set a “buy” rating on the stock in a research note on Friday, March 21st. Robert W. Baird lifted 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 note on Tuesday, February 18th. Morgan Stanley increased their price target on shares of Wyndham Hotels & Resorts from $107.00 to $113.00 and gave the company an “overweight” rating in a research report on Tuesday, March 4th. The Goldman Sachs Group boosted their price objective 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. Finally, Stifel Nicolaus upped their price objective on shares of Wyndham Hotels & Resorts from $113.00 to $121.00 and gave the company a “buy” rating in a research note on Thursday, February 13th. Two equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $116.08.

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.