Treasurer of the State of North Carolina Has $3.36 Million Stock Holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Treasurer of the State of North Carolina cut its stake in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 0.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 33,296 shares of the company’s stock after selling 300 shares during the period. Treasurer of the State of North Carolina’s holdings in Wyndham Hotels & Resorts were worth $3,356,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in WH. Trust Co. of Vermont raised its stake in Wyndham Hotels & Resorts by 434.8% during the 4th quarter. Trust Co. of Vermont now owns 246 shares of the company’s stock worth $25,000 after buying an additional 200 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in shares of Wyndham Hotels & Resorts by 508.7% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 280 shares of the company’s stock worth $28,000 after acquiring an additional 234 shares in the last quarter. Smartleaf Asset Management LLC raised its position 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 purchasing an additional 108 shares during the period. UMB Bank n.a. grew its position in shares of Wyndham Hotels & Resorts by 72.7% in the 4th quarter. UMB Bank n.a. now owns 399 shares of the company’s stock valued at $40,000 after purchasing an additional 168 shares during the period. Finally, FIL Ltd increased its stake in Wyndham Hotels & Resorts by 226.6% during the 4th quarter. FIL Ltd now owns 454 shares of the company’s stock worth $46,000 after purchasing an additional 315 shares in the last quarter. Institutional investors own 93.46% of the company’s stock.

Wyndham Hotels & Resorts Stock Performance

NYSE WH opened at $81.65 on Thursday. The firm’s fifty day moving average price is $95.64 and its two-hundred day moving average price is $95.82. Wyndham Hotels & Resorts, Inc. has a 1 year low of $67.67 and a 1 year high of $113.07. The firm has a market capitalization of $6.33 billion, a P/E ratio of 22.49, a price-to-earnings-growth ratio of 1.87 and a beta of 1.11. 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 posted its quarterly earnings results on Wednesday, February 12th. The company reported $1.04 EPS for the quarter, topping 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%. As a group, research analysts anticipate that Wyndham Hotels & Resorts, Inc. will post 4.79 EPS for the current year.

Wyndham Hotels & Resorts Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 17th were issued a dividend of $0.41 per share. The ex-dividend date of this dividend was 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 2.01%. Wyndham Hotels & Resorts’s payout ratio is presently 45.18%.

Analysts Set New Price Targets

WH has been the subject of several research analyst reports. Barclays upped their price target on shares of Wyndham Hotels & Resorts from $116.00 to $121.00 and gave the company an “overweight” rating in a report on Friday, February 14th. Wells Fargo & Company lifted their price target on Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the company an “overweight” rating in a research note on Friday, February 14th. Morgan Stanley upped their price objective on Wyndham Hotels & Resorts from $107.00 to $113.00 and gave the stock an “overweight” rating in a research report on Tuesday, March 4th. Stifel Nicolaus lifted their target price on Wyndham Hotels & Resorts from $113.00 to $121.00 and gave the company a “buy” rating in a research report on Thursday, February 13th. Finally, The Goldman Sachs Group reduced their price target on Wyndham Hotels & Resorts from $124.00 to $108.00 and set a “buy” rating for the company in a research report on Monday. Two research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. According to data from MarketBeat, Wyndham Hotels & Resorts has a consensus rating of “Moderate Buy” and a consensus price target of $114.67.

Wyndham Hotels & Resorts Company 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.