Wyndham Hotels & Resorts, Inc. (NYSE:WH) Shares Sold by Invesco Ltd.

Invesco Ltd. reduced its stake in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 0.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 1,614,975 shares of the company’s stock after selling 13,569 shares during the quarter. Invesco Ltd.’s holdings in Wyndham Hotels & Resorts were worth $162,773,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the stock. Quantinno Capital Management LP grew its stake in shares of Wyndham Hotels & Resorts by 34.2% during the 3rd quarter. Quantinno Capital Management LP now owns 8,961 shares of the company’s stock worth $700,000 after purchasing an additional 2,286 shares during the period. Stifel Financial Corp boosted its holdings in Wyndham Hotels & Resorts by 91.9% during the third quarter. Stifel Financial Corp now owns 30,665 shares of the company’s stock worth $2,396,000 after buying an additional 14,688 shares in the last quarter. MML Investors Services LLC grew its position in Wyndham Hotels & Resorts by 3.4% during the third quarter. MML Investors Services LLC now owns 27,384 shares of the company’s stock valued at $2,140,000 after buying an additional 902 shares during the period. Nomura Asset Management Co. Ltd. increased its holdings in Wyndham Hotels & Resorts by 86.4% in the third quarter. Nomura Asset Management Co. Ltd. now owns 410 shares of the company’s stock valued at $32,000 after buying an additional 190 shares in the last quarter. Finally, M&T Bank Corp raised its position in shares of Wyndham Hotels & Resorts by 4.2% in the third quarter. M&T Bank Corp now owns 3,415 shares of the company’s stock worth $267,000 after acquiring an additional 138 shares during the period. Hedge funds and other institutional investors own 93.46% of the company’s stock.

Analyst Ratings Changes

WH has been the topic of a number of analyst reports. Redburn Atlantic upgraded Wyndham Hotels & Resorts from a “neutral” rating to a “buy” rating and set a $115.00 target price on the stock in a research report on Monday, March 24th. Truist Financial dropped their price objective on Wyndham Hotels & Resorts from $122.00 to $119.00 and set a “buy” rating on the stock in a report on Friday, March 21st. Wells Fargo & Company upped their target price 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. 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 note on Thursday, February 13th. Finally, Jefferies Financial Group reduced 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 report on Wednesday. Two research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat.com, Wyndham Hotels & Resorts has an average rating of “Moderate Buy” and an average target price of $115.25.

Wyndham Hotels & Resorts Stock Performance

NYSE:WH opened at $84.44 on Friday. The company has a market cap of $6.54 billion, a P/E ratio of 23.26, a P/E/G ratio of 1.87 and a beta of 1.11. Wyndham Hotels & Resorts, Inc. has a twelve month low of $67.67 and a twelve month high of $113.07. The company’s 50-day moving average price is $97.10 and its 200-day moving average price is $95.88. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 3.72.

Wyndham Hotels & Resorts (NYSE:WH) last released its earnings results on Wednesday, February 12th. The company reported $1.04 earnings per share for the quarter, topping 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%. On average, sell-side analysts forecast that Wyndham Hotels & Resorts, Inc. will post 4.79 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders 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 yield of 1.94%. This is a positive change from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.38. Wyndham Hotels & Resorts’s payout ratio is 45.18%.

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.