296,118 Shares in Wyndham Hotels & Resorts, Inc. (NYSE:WH) Acquired by Balyasny Asset Management L.P.

Balyasny Asset Management L.P. purchased a new stake in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 296,118 shares of the company's stock, valued at approximately $29,846,000. Balyasny Asset Management L.P. owned 0.38% of Wyndham Hotels & Resorts as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of WH. Mutual of America Capital Management LLC grew its holdings in shares of Wyndham Hotels & Resorts by 17.3% in the 4th quarter. Mutual of America Capital Management LLC now owns 173,952 shares of the company's stock worth $17,533,000 after acquiring an additional 25,702 shares during the last quarter. CIBC Asset Management Inc acquired a new position in Wyndham Hotels & Resorts in the 4th quarter worth approximately $248,000. Bessemer Group Inc. boosted its stake in Wyndham Hotels & Resorts by 24,953.8% in the 4th quarter. Bessemer Group Inc. now owns 1,333,615 shares of the company's stock worth $134,414,000 after purchasing an additional 1,328,292 shares during the period. Proficio Capital Partners LLC purchased a new position in shares of Wyndham Hotels & Resorts during the fourth quarter valued at $28,000. Finally, Bank of New York Mellon Corp grew its holdings in shares of Wyndham Hotels & Resorts by 1.0% during the fourth quarter. Bank of New York Mellon Corp now owns 851,974 shares of the company's stock valued at $85,870,000 after buying an additional 8,129 shares in the last quarter. 93.46% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the company. The Goldman Sachs Group lowered their price target on Wyndham Hotels & Resorts from $124.00 to $108.00 and set a "buy" rating on the stock in a report on Monday, April 14th. Morgan Stanley lowered their target price on Wyndham Hotels & Resorts from $102.00 to $94.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 22nd. Susquehanna boosted their target price on Wyndham Hotels & Resorts from $80.00 to $110.00 and gave the company a "neutral" rating in a research note 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 on the stock in a research note on Monday, March 24th. Finally, Stifel Nicolaus decreased their price target on Wyndham Hotels & Resorts from $121.00 to $102.75 and set a "buy" rating for the company in a research note on Thursday, May 1st. Two equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $108.48.

Wyndham Hotels & Resorts Price Performance

Shares of WH stock traded up $2.96 during trading hours on Monday, hitting $87.22. The company had a trading volume of 457,252 shares, compared to its average volume of 846,173. Wyndham Hotels & Resorts, Inc. has a 12 month low of $67.67 and a 12 month high of $113.07. The firm has a market capitalization of $6.72 billion, a price-to-earnings ratio of 23.99, a PEG ratio of 1.87 and a beta of 1.08. The firm's fifty day moving average is $87.30 and its 200 day moving average is $96.40. 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 (NYSE:WH - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The company reported $0.86 earnings per share for the quarter, beating 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 company had revenue of $316.00 million for the quarter, compared to analyst estimates of $320.10 million. During the same period in the prior year, the company posted $0.78 EPS. The company's revenue was up 3.6% compared to the same quarter last year. On average, sell-side analysts predict that Wyndham Hotels & Resorts, Inc. will post 4.79 EPS for the current fiscal year.

Wyndham Hotels & Resorts Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 17th were given a $0.41 dividend. The ex-dividend date 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 yield of 1.88%. Wyndham Hotels & Resorts's payout ratio is 38.86%.

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.