Wyndham Hotels & Resorts, Inc. (NYSE:WH) Shares Purchased by Bessemer Group Inc.

Bessemer Group Inc. boosted its holdings in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 24,953.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,333,615 shares of the company’s stock after acquiring an additional 1,328,292 shares during the period. Bessemer Group Inc.’s holdings in Wyndham Hotels & Resorts were worth $134,414,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in WH. Trust Co. of Vermont lifted its position in shares of Wyndham Hotels & Resorts by 434.8% in the fourth quarter. Trust Co. of Vermont now owns 246 shares of the company’s stock valued at $25,000 after acquiring an additional 200 shares in the last quarter. Proficio Capital Partners LLC purchased a new position in Wyndham Hotels & Resorts in the 4th quarter valued at about $28,000. Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in Wyndham Hotels & Resorts by 508.7% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 280 shares of the company’s stock valued at $28,000 after purchasing an additional 234 shares in the last quarter. Nomura Asset Management Co. Ltd. grew its holdings in shares of Wyndham Hotels & Resorts by 86.4% during the third quarter. Nomura Asset Management Co. Ltd. now owns 410 shares of the company’s stock worth $32,000 after buying an additional 190 shares in the last quarter. Finally, Smartleaf Asset Management LLC grew its holdings in shares of Wyndham Hotels & Resorts by 46.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 343 shares of the company’s stock worth $35,000 after buying an additional 108 shares in the last quarter. Institutional investors and hedge funds own 93.46% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on WH. JPMorgan Chase & Co. raised their target price on shares of Wyndham Hotels & Resorts from $99.00 to $113.00 and gave the stock an “overweight” rating in a research report on Friday, December 13th. Susquehanna raised their price objective on Wyndham Hotels & Resorts from $80.00 to $110.00 and gave the stock a “neutral” rating in a report on Tuesday, February 25th. Redburn Atlantic upgraded Wyndham Hotels & Resorts from a “neutral” rating to a “buy” rating and set a $115.00 target price for the company in a research note on Monday, March 24th. Barclays raised their price target on Wyndham Hotels & Resorts from $116.00 to $121.00 and gave the stock an “overweight” rating in a research note on Friday, February 14th. Finally, Jefferies Financial Group dropped their price objective on shares of Wyndham Hotels & Resorts from $125.00 to $110.00 and set a “buy” rating for the company in a research note on Wednesday. Two equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. Based on data from MarketBeat, Wyndham Hotels & Resorts currently has an average rating of “Moderate Buy” and a consensus target price of $115.25.

Wyndham Hotels & Resorts Stock Up 11.6 %

WH opened at $87.58 on Thursday. The company has a market cap of $6.79 billion, a PE ratio of 24.13, a price-to-earnings-growth ratio of 1.87 and a beta of 1.11. The company has a debt-to-equity ratio of 3.72, a quick ratio of 1.00 and a current 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 firm has a 50 day moving average price of $98.00 and a 200 day moving average price of $95.82.

Wyndham Hotels & Resorts (NYSE:WH) last issued 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%. Sell-side analysts expect 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 was paid on Monday, March 31st. Stockholders of record on Monday, March 17th were paid a dividend of $0.41 per share. The ex-dividend date was Monday, March 17th. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.87%. This is a positive change from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.38. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is currently 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.