Marshall Wace LLP Acquires Shares of 63,800 Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Marshall Wace LLP purchased a new position in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 63,800 shares of the company's stock, valued at approximately $6,430,000. Marshall Wace LLP owned about 0.08% of Wyndham Hotels & Resorts as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently bought and sold shares of the business. Boston Partners lifted its holdings in 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 grew its stake in 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 valued at $182,460,000 after purchasing an additional 63,006 shares during the last quarter. Bessemer Group Inc. raised its holdings in Wyndham Hotels & Resorts by 24,953.8% in the fourth 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 in the last quarter. JPMorgan Chase & Co. lifted its position in shares of Wyndham Hotels & Resorts by 404.8% during the fourth quarter. JPMorgan Chase & Co. now owns 1,213,027 shares of the company's stock valued at $122,261,000 after buying an additional 972,708 shares during the last quarter. Finally, Norges Bank bought a new stake in shares of Wyndham Hotels & Resorts in the 4th quarter valued at about $104,774,000. Hedge funds and other institutional investors own 93.46% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts recently commented on WH shares. The Goldman Sachs Group decreased their target price on shares of Wyndham Hotels & Resorts from $124.00 to $108.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Morgan Stanley reduced their target price on Wyndham Hotels & Resorts from $102.00 to $94.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 22nd. Stifel Nicolaus raised their price target on Wyndham Hotels & Resorts from $113.00 to $121.00 and gave the stock a "buy" rating in a report on Thursday, February 13th. Truist Financial cut their price objective on shares of Wyndham Hotels & Resorts from $122.00 to $119.00 and set a "buy" rating on the stock in a report on Friday, March 21st. Finally, Redburn Atlantic raised shares of Wyndham Hotels & Resorts from a "neutral" rating to a "buy" rating and set a $115.00 target price on the stock in a research report on Monday, March 24th. Two investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $111.33.

Wyndham Hotels & Resorts Trading Down 0.2 %

WH stock traded down $0.14 during trading on Tuesday, reaching $86.25. 119,847 shares of the stock were exchanged, compared to its average volume of 824,565. The business has a 50 day moving average price of $91.42 and a 200-day moving average price of $96.29. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 3.72. The firm has a market capitalization of $6.68 billion, a price-to-earnings ratio of 23.76, a P/E/G ratio of 1.87 and a beta of 1.11. Wyndham Hotels & Resorts, Inc. has a 1 year low of $67.67 and a 1 year high of $113.07.

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

Wyndham Hotels & Resorts Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 17th were given a dividend of $0.41 per share. This is a positive change from Wyndham Hotels & Resorts's previous quarterly dividend of $0.38. The ex-dividend date was Monday, March 17th. This represents a $1.64 annualized dividend and a yield of 1.90%. Wyndham Hotels & Resorts's payout ratio is 45.18%.

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.