Crestline Management LP Takes Position in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Crestline Management LP purchased a new position in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 17,502 shares of the company's stock, valued at approximately $1,764,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in WH. Trust Co. of Vermont grew its position in Wyndham Hotels & Resorts by 434.8% in the 4th quarter. Trust Co. of Vermont now owns 246 shares of the company's stock valued at $25,000 after purchasing an additional 200 shares during the period. Proficio Capital Partners LLC bought a new position in Wyndham Hotels & Resorts in the 4th quarter valued at $28,000. Mitsubishi UFJ Asset Management Co. Ltd. grew its position in shares of Wyndham Hotels & Resorts by 508.7% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 280 shares of the company's stock valued at $28,000 after acquiring an additional 234 shares during the period. Smartleaf Asset Management LLC increased its stake in shares of Wyndham Hotels & Resorts by 46.0% during the 4th 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 last quarter. Finally, UMB Bank n.a. raised its holdings 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 worth $40,000 after purchasing an additional 168 shares during the period. Institutional investors own 93.46% of the company's stock.

Wyndham Hotels & Resorts Stock Down 0.2 %

WH opened at $83.29 on Thursday. The firm has a market capitalization of $6.45 billion, a P/E ratio of 22.94, a price-to-earnings-growth ratio of 1.87 and a beta of 1.08. Wyndham Hotels & Resorts, Inc. has a one year low of $67.67 and a one year high of $113.07. The company has a fifty day moving average price of $88.13 and a 200-day moving average price of $96.23. The company has a debt-to-equity ratio of 3.72, a current ratio of 1.00 and a quick ratio of 1.00.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last posted its earnings results on Wednesday, April 30th. The company reported $0.86 EPS for the quarter, topping the consensus estimate of $0.82 by $0.04. The business had revenue of $316.00 million during the quarter, compared to analysts' expectations of $320.10 million. Wyndham Hotels & Resorts had a return on equity of 54.86% and a net margin of 20.51%. During the same period in the previous year, the business earned $0.78 earnings per share. The firm's revenue was up 3.6% on a year-over-year basis. Equities research analysts expect 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 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 is an increase 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 1.97%. The ex-dividend date was Monday, March 17th. Wyndham Hotels & Resorts's dividend payout ratio (DPR) is currently 38.86%.

Analysts Set New Price Targets

A number of research firms have issued reports on WH. Susquehanna raised their target price on Wyndham Hotels & Resorts from $80.00 to $110.00 and gave the stock a "neutral" rating in a research report on Tuesday, February 25th. Robert W. Baird decreased their price objective on Wyndham Hotels & Resorts from $107.00 to $99.00 and set an "outperform" rating for the company in a report on Tuesday. The Goldman Sachs Group dropped their price objective on shares of Wyndham Hotels & Resorts from $124.00 to $108.00 and set a "buy" rating on the stock in a report on Monday, April 14th. Barclays reduced their target price on shares of Wyndham Hotels & Resorts from $121.00 to $100.00 and set an "overweight" rating for the company in a research note on Tuesday, April 22nd. Finally, Wells Fargo & Company upped their price target on shares of Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the company an "overweight" rating in a research note on Friday, February 14th. Two 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 price target of $108.48.

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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