Bain Capital Public Equity LP Acquires New Shares in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Bain Capital Public Equity LP bought a new position in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 19,455 shares of the company's stock, valued at approximately $1,961,000. Wyndham Hotels & Resorts makes up 1.3% of Bain Capital Public Equity LP's portfolio, making the stock its 26th largest position.

A number of other large investors have also recently made changes to their positions in the stock. Trust Co. of Vermont lifted its stake in Wyndham Hotels & Resorts by 434.8% in the 4th quarter. Trust Co. of Vermont now owns 246 shares of the company's stock worth $25,000 after purchasing an additional 200 shares in the last quarter. 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 purchasing an additional 234 shares during the period. Smartleaf Asset Management LLC raised its position in shares of Wyndham Hotels & Resorts by 46.0% in 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. UMB Bank n.a. boosted its stake in Wyndham Hotels & Resorts by 72.7% during the fourth quarter. UMB Bank n.a. now owns 399 shares of the company's stock valued at $40,000 after buying an additional 168 shares during the period. Finally, Quarry LP purchased a new position in Wyndham Hotels & Resorts during the fourth quarter worth about $41,000. 93.46% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of analysts have recently issued reports on WH shares. Robert W. Baird lifted their price target on Wyndham Hotels & Resorts from $108.00 to $115.00 and gave the company an "outperform" rating in a research report on Tuesday, February 18th. Truist Financial dropped their target price 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. Redburn Atlantic raised shares of Wyndham Hotels & Resorts from a "neutral" rating to a "buy" rating and set a $115.00 price target on the stock in a report on Monday, March 24th. Morgan Stanley cut their target price on shares of Wyndham Hotels & Resorts from $102.00 to $94.00 and set an "overweight" rating for the company in a research report on Tuesday, April 22nd. Finally, Barclays reduced their target price on Wyndham Hotels & Resorts from $121.00 to $100.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 22nd. Two analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat, Wyndham Hotels & Resorts currently has an average rating of "Moderate Buy" and an average target price of $109.81.

Wyndham Hotels & Resorts Stock Up 2.2 %

Shares of NYSE:WH opened at $87.21 on Friday. The stock has a market capitalization of $6.76 billion, a P/E ratio of 24.02, a price-to-earnings-growth ratio of 1.87 and a beta of 1.11. The stock's 50-day moving average price is $89.59 and its 200-day moving average price is $96.30. 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, Inc. has a 12-month low of $67.67 and a 12-month high of $113.07.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The company reported $0.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.82 by $0.04. Wyndham Hotels & Resorts had a return on equity of 54.86% and a net margin of 20.51%. The business had revenue of $316.00 million for the quarter, compared to analyst estimates of $320.10 million. During the same period last year, the company earned $0.78 EPS. Wyndham Hotels & Resorts's revenue for the quarter was up 3.6% compared to the same quarter last year. On average, equities analysts anticipate 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 announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 17th were paid a $0.41 dividend. This represents a $1.64 annualized dividend and a dividend yield of 1.88%. This is an increase from Wyndham Hotels & Resorts's previous quarterly dividend of $0.38. The ex-dividend date of this dividend was Monday, March 17th. Wyndham Hotels & Resorts's payout ratio is presently 45.18%.

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.

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