Northern Trust Corp Buys 178,047 Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Northern Trust Corp lifted its stake in Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 21.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,012,915 shares of the company's stock after acquiring an additional 178,047 shares during the period. Northern Trust Corp owned 1.30% of Wyndham Hotels & Resorts worth $102,092,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Virtu Financial LLC bought a new position in Wyndham Hotels & Resorts in the 3rd quarter worth approximately $214,000. GAMMA Investing LLC increased its holdings in shares of Wyndham Hotels & Resorts by 59.0% during the 4th quarter. GAMMA Investing LLC now owns 1,134 shares of the company's stock worth $114,000 after purchasing an additional 421 shares during the period. Everence Capital Management Inc. acquired a new position in shares of Wyndham Hotels & Resorts during the fourth quarter valued at about $229,000. Trust Co. of Vermont lifted its stake in shares of Wyndham Hotels & Resorts by 434.8% in the fourth quarter. Trust Co. of Vermont now owns 246 shares of the company's stock valued at $25,000 after buying an additional 200 shares during the period. Finally, HB Wealth Management LLC acquired a new stake in Wyndham Hotels & Resorts during the fourth quarter worth about $319,000. 93.46% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

WH has been the topic of several recent research reports. Barclays decreased their price objective on Wyndham Hotels & Resorts from $121.00 to $100.00 and set an "overweight" rating on the stock in a report on Tuesday, April 22nd. Truist Financial cut their price target 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. The Goldman Sachs Group cut their price target on Wyndham Hotels & Resorts from $124.00 to $108.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Robert W. Baird lowered their target price on shares of Wyndham Hotels & Resorts from $107.00 to $99.00 and set an "outperform" rating for the company in a report on Tuesday. Finally, Morgan Stanley reduced their price objective on shares of 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 analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $108.48.

Wyndham Hotels & Resorts Stock Performance

Shares of WH stock traded down $0.67 during trading on Tuesday, reaching $83.44. 1,531,461 shares of the company's stock were exchanged, compared to its average volume of 841,820. The firm's fifty day moving average price is $88.63 and its 200-day moving average price is $96.32. Wyndham Hotels & Resorts, Inc. has a twelve month low of $67.67 and a twelve month high of $113.07. The stock has a market capitalization of $6.47 billion, a PE ratio of 22.99, a PEG ratio of 1.87 and a beta of 1.08. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 3.72.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The company reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.82 by $0.04. The firm had revenue of $316.00 million for the quarter, compared to analysts' expectations of $320.10 million. Wyndham Hotels & Resorts had a net margin of 20.51% and a return on equity of 54.86%. 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. As a group, sell-side 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 declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 17th were paid a $0.41 dividend. The ex-dividend date of this dividend was Monday, March 17th. This is an increase from Wyndham Hotels & Resorts's previous quarterly dividend of $0.38. This represents a $1.64 annualized dividend and a dividend yield of 1.97%. Wyndham Hotels & Resorts's dividend payout ratio is 38.86%.

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.