Envestnet Asset Management Inc. Acquires 5,182 Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Envestnet Asset Management Inc. increased its holdings in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 4.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 130,581 shares of the company's stock after purchasing an additional 5,182 shares during the period. Envestnet Asset Management Inc. owned approximately 0.17% of Wyndham Hotels & Resorts worth $13,161,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Smartleaf Asset Management LLC lifted its holdings 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 valued at $35,000 after purchasing an additional 108 shares in the last quarter. Principal Securities Inc. lifted its stake in Wyndham Hotels & Resorts by 1.0% in the 4th quarter. Principal Securities Inc. now owns 10,941 shares of the company's stock valued at $1,103,000 after acquiring an additional 113 shares in the last quarter. Equitable Trust Co. boosted its position in Wyndham Hotels & Resorts by 1.5% during the 4th quarter. Equitable Trust Co. now owns 9,295 shares of the company's stock worth $937,000 after acquiring an additional 135 shares during the last quarter. M&T Bank Corp grew its stake in shares of Wyndham Hotels & Resorts by 4.2% during the 3rd quarter. M&T Bank Corp now owns 3,415 shares of the company's stock worth $267,000 after acquiring an additional 138 shares in the last quarter. Finally, UMB Bank n.a. grew its stake in shares of Wyndham Hotels & Resorts by 72.7% during the 4th quarter. UMB Bank n.a. now owns 399 shares of the company's stock worth $40,000 after acquiring an additional 168 shares in the last quarter. 93.46% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. Wells Fargo & Company increased their target price on shares of Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the stock an "overweight" rating in a report on Friday, February 14th. The Goldman Sachs Group decreased their price objective on Wyndham Hotels & Resorts from $124.00 to $108.00 and set a "buy" rating for the company in a report on Monday, April 14th. 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 report on Monday, March 24th. Stifel Nicolaus raised their price target on Wyndham Hotels & Resorts from $113.00 to $121.00 and gave the company a "buy" rating in a research note on Thursday, February 13th. Finally, Jefferies Financial Group lowered their price target on Wyndham Hotels & Resorts from $125.00 to $110.00 and set a "buy" rating on the stock in a research report on Wednesday, April 9th. Two research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $111.33.

Wyndham Hotels & Resorts Stock Performance

WH traded up $1.92 during trading hours on Tuesday, reaching $80.83. The company's stock had a trading volume of 958,109 shares, compared to its average volume of 831,815. The company's 50-day moving average is $93.47 and its 200-day moving average is $96.01. Wyndham Hotels & Resorts, Inc. has a 52 week low of $67.67 and a 52 week high of $113.07. The firm has a market cap of $6.26 billion, a PE ratio of 22.27, a price-to-earnings-growth ratio of 1.87 and a beta of 1.11. 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 issued its quarterly earnings data on Wednesday, February 12th. The company reported $1.04 earnings per share for the quarter, beating the consensus estimate of $1.00 by $0.04. Wyndham Hotels & Resorts had a net margin of 20.51% and a return on equity of 54.86%. On average, equities analysts forecast that Wyndham Hotels & Resorts, Inc. will post 4.79 EPS for the current year.

Wyndham Hotels & Resorts Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 17th were given a $0.41 dividend. This is an increase from Wyndham Hotels & Resorts's previous quarterly dividend of $0.38. The ex-dividend date was Monday, March 17th. This represents a $1.64 annualized dividend and a dividend yield of 2.03%. Wyndham Hotels & Resorts's dividend payout ratio is presently 45.18%.

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.