Public Employees Retirement System of Ohio Boosts Holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Public Employees Retirement System of Ohio raised its position in Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 71.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 49,616 shares of the company's stock after acquiring an additional 20,670 shares during the quarter. Public Employees Retirement System of Ohio owned approximately 0.06% of Wyndham Hotels & Resorts worth $5,001,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of WH. Mutual of America Capital Management LLC boosted its holdings in Wyndham Hotels & Resorts by 17.3% in the fourth quarter. Mutual of America Capital Management LLC now owns 173,952 shares of the company's stock valued at $17,533,000 after purchasing an additional 25,702 shares during the period. CIBC Asset Management Inc purchased a new stake in Wyndham Hotels & Resorts during the 4th quarter worth about $248,000. 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 valued at $134,414,000 after purchasing an additional 1,328,292 shares in the last quarter. Proficio Capital Partners LLC acquired a new stake in Wyndham Hotels & Resorts in the 4th quarter valued at about $28,000. Finally, Bank of New York Mellon Corp boosted its stake in shares of Wyndham Hotels & Resorts by 1.0% in the 4th quarter. Bank of New York Mellon Corp now owns 851,974 shares of the company's stock valued at $85,870,000 after buying an additional 8,129 shares during the period. 93.46% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, CEO Geoffrey A. Ballotti sold 26,724 shares of the firm's stock in a transaction dated Friday, May 16th. The stock was sold at an average price of $85.77, for a total transaction of $2,292,117.48. Following the transaction, the chief executive officer now owns 467,394 shares of the company's stock, valued at $40,088,383.38. This trade represents a 5.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 2.46% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on WH shares. Susquehanna raised their target price 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. Redburn Atlantic raised shares of Wyndham Hotels & Resorts from a "neutral" rating to a "buy" rating and set a $115.00 price objective on the stock in a research report on Monday, March 24th. Stifel Nicolaus reduced their price objective on shares of Wyndham Hotels & Resorts from $121.00 to $102.75 and set a "buy" rating on the stock in a report on Thursday, May 1st. Truist Financial lowered their target price on shares of Wyndham Hotels & Resorts from $122.00 to $119.00 and set a "buy" rating for the company in a research note on Friday, March 21st. Finally, Morgan Stanley cut their price target on Wyndham Hotels & Resorts from $102.00 to $94.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 22nd. Two investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to data from MarketBeat, Wyndham Hotels & Resorts has a consensus rating of "Moderate Buy" and an average target price of $108.48.

Wyndham Hotels & Resorts Stock Performance

Shares of WH stock traded up $0.05 during mid-day trading on Monday, hitting $82.83. 1,412,417 shares of the stock were exchanged, compared to its average volume of 860,699. The stock's fifty day simple moving average is $84.99 and its two-hundred day simple moving average is $95.61. 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 12-month low of $68.77 and a 12-month high of $113.07. The stock has a market capitalization of $6.38 billion, a price-to-earnings ratio of 22.82, a P/E/G ratio of 1.87 and a beta of 1.08.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last announced its earnings results on Wednesday, April 30th. The company reported $0.86 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.82 by $0.04. The firm 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%. The business's revenue was up 3.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.78 EPS. On average, analysts forecast that Wyndham Hotels & Resorts, Inc. will post 4.79 EPS for the current year.

Wyndham Hotels & Resorts Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be given a dividend of $0.41 per share. The ex-dividend date of this dividend is Friday, June 13th. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.98%. Wyndham Hotels & Resorts's dividend payout ratio (DPR) is presently 38.86%.

About Wyndham Hotels & Resorts

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.