Kennedy Capital Management LLC Decreases Stock Holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Kennedy Capital Management LLC trimmed its holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 12.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 70,588 shares of the company's stock after selling 9,807 shares during the quarter. Kennedy Capital Management LLC owned 0.09% of Wyndham Hotels & Resorts worth $7,115,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of WH. Smartleaf Asset Management LLC increased its stake in Wyndham Hotels & Resorts by 46.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 343 shares of the company's stock worth $35,000 after acquiring an additional 108 shares during the last quarter. Principal Securities Inc. raised its holdings in Wyndham Hotels & Resorts by 1.0% in the fourth 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. increased its holdings in Wyndham Hotels & Resorts by 1.5% in the fourth quarter. Equitable Trust Co. now owns 9,295 shares of the company's stock valued at $937,000 after buying an additional 135 shares during the last quarter. M&T Bank Corp lifted its stake in Wyndham Hotels & Resorts by 4.2% during the third quarter. M&T Bank Corp now owns 3,415 shares of the company's stock worth $267,000 after purchasing an additional 138 shares during the last quarter. Finally, UMB Bank n.a. grew its holdings in shares of Wyndham Hotels & Resorts by 72.7% during the fourth quarter. UMB Bank n.a. now owns 399 shares of the company's stock worth $40,000 after purchasing an additional 168 shares during the last quarter. Hedge funds and other institutional investors own 93.46% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. Susquehanna increased their price target on Wyndham Hotels & Resorts from $80.00 to $110.00 and gave the stock a "neutral" rating in a report on Tuesday, February 25th. Truist Financial decreased their target price on Wyndham Hotels & Resorts from $122.00 to $119.00 and set a "buy" rating on the stock in a research report on Friday, March 21st. Redburn Atlantic upgraded Wyndham Hotels & Resorts from a "neutral" rating to a "buy" rating and set a $115.00 price objective for the company in a research report on Monday, March 24th. Stifel Nicolaus upped their target price on shares of Wyndham Hotels & Resorts from $113.00 to $121.00 and gave the company a "buy" rating in a report on Thursday, February 13th. Finally, The Goldman Sachs Group lowered their price objective on Wyndham Hotels & Resorts from $124.00 to $108.00 and set a "buy" rating for the company in a research report on Monday. Two analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $114.67.

Wyndham Hotels & Resorts Trading Up 0.9 %

Shares of NYSE WH traded up $0.70 during midday trading on Thursday, hitting $82.41. The stock had a trading volume of 207,038 shares, compared to its average volume of 829,177. The company has a debt-to-equity ratio of 3.72, a current ratio of 1.00 and a quick ratio of 1.00. The firm has a market cap of $6.38 billion, a P/E ratio of 22.67, a price-to-earnings-growth ratio of 1.87 and a beta of 1.11. The company's 50-day simple moving average is $95.64 and its 200 day simple moving average is $95.82. Wyndham Hotels & Resorts, Inc. has a fifty-two week low of $67.67 and a fifty-two week high of $113.07.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last released its earnings results on Wednesday, February 12th. The company reported $1.04 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.00 by $0.04. Wyndham Hotels & Resorts had a return on equity of 54.86% and a net margin of 20.51%. Research analysts anticipate that Wyndham Hotels & Resorts, Inc. will post 4.79 EPS for the current year.

Wyndham Hotels & Resorts Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 17th were issued a dividend of $0.41 per share. The ex-dividend date of this dividend was Monday, March 17th. This is a boost from Wyndham Hotels & Resorts's previous quarterly dividend of $0.38. This represents a $1.64 annualized dividend and a dividend yield of 1.99%. Wyndham Hotels & Resorts's dividend payout ratio (DPR) is currently 45.18%.

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.