Nomura Holdings Inc. Makes New Investment in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Nomura Holdings Inc. bought a new position in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 10,322 shares of the company's stock, valued at approximately $1,040,000.

Other institutional investors have also made changes to their positions in the company. Boston Partners grew its position in Wyndham Hotels & Resorts by 5.3% in the 4th quarter. Boston Partners now owns 3,853,527 shares of the company's stock valued at $388,462,000 after purchasing an additional 192,221 shares during the period. Thrivent Financial for Lutherans increased its position in shares of Wyndham Hotels & Resorts by 3.6% in the fourth quarter. Thrivent Financial for Lutherans now owns 1,810,301 shares of the company's stock worth $182,460,000 after purchasing an additional 63,006 shares during the last quarter. T. Rowe Price Investment Management Inc. increased its position in shares of Wyndham Hotels & Resorts by 6.1% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 1,419,168 shares of the company's stock valued at $143,038,000 after purchasing an additional 81,730 shares during the last quarter. Bessemer Group Inc. raised its position 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. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Wyndham Hotels & Resorts by 2.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,309,177 shares of the company's stock worth $131,952,000 after purchasing an additional 29,220 shares during the last quarter. 93.46% of the stock is currently owned by institutional investors.

Insider Activity

In related news, CEO Geoffrey A. Ballotti sold 26,650 shares of the company's stock in a transaction that occurred 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 completion of the transaction, the chief executive officer now directly owns 461,376 shares in the company, valued at $39,936,706.56. This represents a 5.46% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 2.46% of the stock is owned by company insiders.

Wyndham Hotels & Resorts Price Performance

Shares of NYSE WH traded down $0.44 during mid-day trading on Thursday, reaching $85.07. 572,328 shares of the company traded hands, compared to its average volume of 851,114. The stock has a fifty day simple moving average of $86.09 and a 200-day simple moving average of $96.19. Wyndham Hotels & Resorts, Inc. has a fifty-two week low of $67.67 and a fifty-two week high of $113.07. The firm has a market cap of $6.55 billion, a PE ratio of 23.43, a price-to-earnings-growth ratio of 1.87 and a beta of 1.08. 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. Wyndham Hotels & Resorts had a net margin of 20.51% and a return on equity of 54.86%. The firm had revenue of $316.00 million for the quarter, compared to the consensus estimate of $320.10 million. During the same period in the prior year, the business posted $0.78 earnings per share. The business's quarterly revenue was up 3.6% on a year-over-year basis. Equities research analysts anticipate that Wyndham Hotels & Resorts, Inc. will post 4.79 EPS for the current fiscal year.

Wyndham Hotels & Resorts Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 13th will be issued a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a yield of 1.93%. The ex-dividend date of this dividend is Friday, June 13th. Wyndham Hotels & Resorts's dividend payout ratio (DPR) is currently 38.86%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. Jefferies Financial Group dropped their price objective on shares of Wyndham Hotels & Resorts from $125.00 to $110.00 and set a "buy" rating on the stock in a research note on Wednesday, April 9th. Robert W. Baird lowered their price target on Wyndham Hotels & Resorts from $107.00 to $99.00 and set an "outperform" rating on the stock in a report on Tuesday, May 6th. Wells Fargo & Company upped their target price on shares of Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the company an "overweight" rating in a research report on Friday, February 14th. Barclays cut their target price on Wyndham Hotels & Resorts from $121.00 to $100.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 22nd. Finally, Redburn Atlantic upgraded Wyndham Hotels & Resorts from a "neutral" rating to a "buy" rating and set a $115.00 target price for the company in a report on Monday, March 24th. Two investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat, Wyndham Hotels & Resorts currently has an average 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.