Nomura Holdings Inc. Invests $1.04 Million in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

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

A number of other institutional investors and hedge funds also recently bought and sold shares of WH. Boston Partners increased its stake in shares of Wyndham Hotels & Resorts by 5.3% during the fourth quarter. Boston Partners now owns 3,853,527 shares of the company's stock worth $388,462,000 after buying an additional 192,221 shares during the period. Thrivent Financial for Lutherans increased its stake in shares of Wyndham Hotels & Resorts by 3.6% during the fourth quarter. Thrivent Financial for Lutherans now owns 1,810,301 shares of the company's stock worth $182,460,000 after buying an additional 63,006 shares during the period. T. Rowe Price Investment Management Inc. increased its stake in shares of Wyndham Hotels & Resorts by 6.1% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 1,419,168 shares of the company's stock worth $143,038,000 after buying an additional 81,730 shares during the period. Bessemer Group Inc. increased its stake in shares of Wyndham Hotels & Resorts by 24,953.8% during the fourth quarter. Bessemer Group Inc. now owns 1,333,615 shares of the company's stock worth $134,414,000 after buying an additional 1,328,292 shares during the period. Finally, Dimensional Fund Advisors LP increased its stake in shares of Wyndham Hotels & Resorts by 2.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,309,177 shares of the company's stock worth $131,952,000 after buying an additional 29,220 shares during the period. 93.46% of the stock is currently owned by hedge funds and other institutional investors.

Wyndham Hotels & Resorts Price Performance

NYSE:WH traded down $0.61 during trading hours on Friday, hitting $84.47. The company's stock had a trading volume of 511,772 shares, compared to its average volume of 851,640. The business's 50-day moving average is $85.86 and its two-hundred day moving average is $96.13. The company has a market capitalization of $6.50 billion, a PE ratio of 23.27, a PEG ratio of 1.87 and a beta of 1.08. 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, Inc. has a 52-week low of $67.67 and a 52-week high of $113.07.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The company reported $0.86 earnings per share for the quarter, beating analysts' consensus estimates of $0.82 by $0.04. Wyndham Hotels & Resorts had a return on equity of 54.86% and a net margin of 20.51%. The business had revenue of $316.00 million during the quarter, compared to analysts' expectations of $320.10 million. During the same quarter last year, the business posted $0.78 earnings per share. The business's revenue for the quarter was up 3.6% on a year-over-year basis. As a group, research analysts anticipate that Wyndham Hotels & Resorts, Inc. will post 4.79 EPS for the current fiscal year.

Wyndham Hotels & Resorts Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be paid a $0.41 dividend. This represents a $1.64 annualized dividend and a yield of 1.94%. The ex-dividend date is Friday, June 13th. Wyndham Hotels & Resorts's payout ratio is 38.86%.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on WH. The Goldman Sachs Group lowered their price target 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. Jefferies Financial Group lowered their price target on Wyndham Hotels & Resorts from $125.00 to $110.00 and set a "buy" rating for the company in a report on Wednesday, April 9th. Barclays decreased their price objective on Wyndham Hotels & Resorts from $121.00 to $100.00 and set an "overweight" rating for the company in a report on Tuesday, April 22nd. Wells Fargo & Company increased their price objective on Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the company an "overweight" rating in a report on Friday, February 14th. Finally, Truist Financial decreased their price objective on 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 equities 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 an average rating of "Moderate Buy" and an average target price of $108.48.

Insider Activity at Wyndham Hotels & Resorts

In other Wyndham Hotels & Resorts news, CEO Geoffrey A. Ballotti sold 26,724 shares of Wyndham Hotels & Resorts stock in a transaction dated Friday, May 16th. The stock was sold at an average price of $85.77, for a total value of $2,292,117.48. Following the completion of the sale, the chief executive officer now owns 467,394 shares in the company, valued at $40,088,383.38. The trade was a 5.41% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 2.46% of the stock is currently owned by corporate insiders.

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.