Wyndham Hotels & Resorts, Inc. (NYSE:WH) Shares Purchased by MetLife Investment Management LLC

MetLife Investment Management LLC increased its stake in Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 7.3% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 44,104 shares of the company's stock after acquiring an additional 3,017 shares during the quarter. MetLife Investment Management LLC owned 0.06% of Wyndham Hotels & Resorts worth $4,445,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Smartleaf Asset Management LLC increased its stake in Wyndham Hotels & Resorts by 46.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 343 shares of the company's stock valued at $35,000 after buying an additional 108 shares during the last quarter. Principal Securities Inc. increased its stake in shares of Wyndham Hotels & Resorts by 1.0% during the 4th quarter. Principal Securities Inc. now owns 10,941 shares of the company's stock worth $1,103,000 after purchasing an additional 113 shares during the last quarter. Equitable Trust Co. increased its stake in shares of Wyndham Hotels & Resorts by 1.5% during the 4th quarter. Equitable Trust Co. now owns 9,295 shares of the company's stock worth $937,000 after purchasing an additional 135 shares during the last quarter. UMB Bank n.a. increased its stake in shares of Wyndham Hotels & Resorts by 72.7% during the 4th 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. Finally, Empowered Funds LLC increased its stake in shares of Wyndham Hotels & Resorts by 2.2% during the 4th quarter. Empowered Funds LLC now owns 7,846 shares of the company's stock worth $791,000 after purchasing an additional 169 shares during the last quarter. Institutional investors own 93.46% of the company's stock.

Wyndham Hotels & Resorts Stock Performance

Shares of NYSE WH traded down $1.78 during midday trading on Wednesday, reaching $84.32. The company had a trading volume of 145,499 shares, compared to its average volume of 825,000. The business's 50-day simple moving average is $90.90 and its 200 day simple moving average is $96.22. The stock has a market cap of $6.53 billion, a P/E ratio of 23.20, 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. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 3.72.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last issued its 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, analysts forecast that Wyndham Hotels & Resorts, Inc. will post 4.79 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 17th were given a $0.41 dividend. 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 dividend yield of 1.95%. Wyndham Hotels & Resorts's dividend payout ratio (DPR) is 45.18%.

Analyst Ratings Changes

WH has been the subject of a number of recent research reports. Jefferies Financial Group reduced their price objective on shares of Wyndham Hotels & Resorts from $125.00 to $110.00 and set a "buy" rating for the company in a research note on Wednesday, April 9th. Truist Financial cut their price target on shares of Wyndham Hotels & Resorts from $122.00 to $119.00 and set a "buy" rating for the company in a report on Friday, March 21st. Susquehanna raised their price target 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. The Goldman Sachs Group cut their price target on shares of Wyndham Hotels & Resorts from $124.00 to $108.00 and set a "buy" rating for the company in a report on Monday, April 14th. Finally, Morgan Stanley cut their price target on shares of Wyndham Hotels & Resorts from $102.00 to $94.00 and set an "overweight" rating for the company in a report on Tuesday, April 22nd. Two analysts have rated the stock with a hold rating and eleven have given a buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $111.33.

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.