Ameriprise Financial Inc. Buys 28,699 Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Ameriprise Financial Inc. boosted its position in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 27.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 131,429 shares of the company's stock after purchasing an additional 28,699 shares during the quarter. Ameriprise Financial Inc. owned 0.17% of Wyndham Hotels & Resorts worth $13,247,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of WH. Trust Co. of Vermont grew its holdings in Wyndham Hotels & Resorts by 434.8% during the fourth 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 acquired a new position in Wyndham Hotels & Resorts during the fourth quarter valued at approximately $28,000. Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in Wyndham Hotels & Resorts by 508.7% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 280 shares of the company's stock valued at $28,000 after purchasing an additional 234 shares during the period. Smartleaf Asset Management LLC grew its holdings in Wyndham Hotels & Resorts by 46.0% during 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 during the period. Finally, UMB Bank n.a. grew its holdings 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 purchasing an additional 168 shares during the period. Institutional investors and hedge funds own 93.46% of the company's stock.

Wyndham Hotels & Resorts Stock Down 0.7%

WH traded down $0.61 during trading hours on Friday, hitting $84.47. 511,772 shares of the company's stock were exchanged, compared to its average volume of 850,181. Wyndham Hotels & Resorts, Inc. has a 1-year low of $67.67 and a 1-year high of $113.07. The stock's 50-day moving average is $85.86 and its two-hundred day moving average is $96.13. The stock has a market cap of $6.50 billion, a price-to-earnings ratio of 23.27, a PEG ratio of 1.87 and a beta of 1.08. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 3.72.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last announced 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. Wyndham Hotels & Resorts had a net margin of 20.51% and a return on equity of 54.86%. The business had revenue of $316.00 million during the quarter, compared to analysts' expectations of $320.10 million. During the same quarter in the prior year, the company posted $0.78 earnings per share. The firm's revenue was up 3.6% on a year-over-year basis. Sell-side analysts predict that Wyndham Hotels & Resorts, Inc. will post 4.79 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 13th will be given a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 1.94%. The ex-dividend date of this dividend is Friday, June 13th. Wyndham Hotels & Resorts's dividend payout ratio (DPR) is currently 38.86%.

Insiders Place Their Bets

In other Wyndham Hotels & Resorts news, CEO Geoffrey A. Ballotti sold 26,650 shares of the company's stock in a transaction on Thursday, May 15th. The shares were sold at an average price of $86.56, for a total transaction of $2,306,824.00. Following the sale, the chief executive officer now directly owns 461,376 shares of the company's stock, valued at approximately $39,936,706.56. This represents a 5.46% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 2.46% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Stifel Nicolaus reduced 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 report on Thursday, May 1st. Susquehanna upped their price target on shares of Wyndham Hotels & Resorts from $80.00 to $110.00 and gave the company a "neutral" rating in a report on Tuesday, February 25th. 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 report on Friday, February 14th. Barclays reduced their price target on shares of Wyndham Hotels & Resorts from $121.00 to $100.00 and set an "overweight" rating for the company in a report on Tuesday, April 22nd. Finally, Truist Financial reduced their price target on shares of Wyndham Hotels & Resorts from $122.00 to $119.00 and set a "buy" rating for the company in a report on Friday, March 21st. Two analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $108.48.

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.