BNP Paribas Financial Markets Has $21.22 Million Stake in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

BNP Paribas Financial Markets grew its position in Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 986.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 210,525 shares of the company's stock after buying an additional 191,145 shares during the quarter. BNP Paribas Financial Markets owned 0.27% of Wyndham Hotels & Resorts worth $21,219,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in WH. GAMMA Investing LLC boosted its stake in Wyndham Hotels & Resorts by 59.0% in the fourth quarter. GAMMA Investing LLC now owns 1,134 shares of the company's stock valued at $114,000 after buying an additional 421 shares in the last quarter. Trust Co. of Vermont increased its position 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 purchasing an additional 200 shares in the last quarter. HB Wealth Management LLC bought a new position in Wyndham Hotels & Resorts in the 4th quarter valued at approximately $319,000. UMB Bank n.a. boosted its position in Wyndham Hotels & Resorts by 72.7% in 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 in the last quarter. Finally, MassMutual Private Wealth & Trust FSB increased its holdings in shares of Wyndham Hotels & Resorts by 372.5% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 671 shares of the company's stock worth $68,000 after buying an additional 529 shares in the last quarter. Institutional investors own 93.46% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have commented on WH. Susquehanna increased their target price on Wyndham Hotels & Resorts from $80.00 to $110.00 and gave the company a "neutral" rating in a research report on Tuesday, February 25th. Barclays reduced their target price on shares of Wyndham Hotels & Resorts from $121.00 to $100.00 and set an "overweight" rating on the stock in a report on Tuesday, April 22nd. Stifel Nicolaus dropped their price target on shares of 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. Wells Fargo & Company raised their target price on Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the stock an "overweight" rating in a research report on Friday, February 14th. Finally, The Goldman Sachs Group decreased their price target on Wyndham Hotels & Resorts from $124.00 to $108.00 and set a "buy" rating for the company in a research note on Monday, April 14th. Two research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $108.48.

Wyndham Hotels & Resorts Trading Up 0.3 %

Shares of Wyndham Hotels & Resorts stock opened at $84.51 on Friday. The stock has a market capitalization of $6.51 billion, a PE ratio of 23.28, a price-to-earnings-growth ratio of 1.87 and a beta of 1.08. Wyndham Hotels & Resorts, Inc. has a 52 week low of $67.67 and a 52 week high of $113.07. The stock has a 50 day moving average price of $87.30 and a two-hundred day moving average price of $96.25. 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, topping the consensus estimate of $0.82 by $0.04. The firm had revenue of $316.00 million for the quarter, compared to the consensus estimate of $320.10 million. Wyndham Hotels & Resorts had a net margin of 20.51% and a return on equity of 54.86%. The business's revenue was up 3.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.78 earnings per share. As a group, equities analysts anticipate 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 issued a dividend of $0.41 per share. 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 1.94%. The ex-dividend date of this dividend was Monday, March 17th. Wyndham Hotels & Resorts's payout ratio is currently 38.86%.

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.

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