Wyndham Hotels & Resorts, Inc. (NYSE:WH) Shares Purchased by Northern Trust Corp

Northern Trust Corp lifted its holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 21.3% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 1,012,915 shares of the company's stock after purchasing an additional 178,047 shares during the period. Northern Trust Corp owned about 1.30% of Wyndham Hotels & Resorts worth $102,092,000 at the end of the most recent quarter.

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

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on WH shares. Robert W. Baird dropped their target price on Wyndham Hotels & Resorts from $107.00 to $99.00 and set an "outperform" rating on the stock in a research note on Tuesday. Jefferies Financial Group cut their price objective on shares of Wyndham Hotels & Resorts from $125.00 to $110.00 and set a "buy" rating on the stock in a report on Wednesday, April 9th. Morgan Stanley lowered their target price on shares of Wyndham Hotels & Resorts from $102.00 to $94.00 and set an "overweight" rating for the company in a research note on Tuesday, April 22nd. 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 on the stock in a research note on Monday, April 14th. Finally, Redburn Atlantic upgraded shares of Wyndham Hotels & Resorts from a "neutral" rating to a "buy" rating and set a $115.00 price objective for the company in a research note on Monday, March 24th. Two investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat.com, Wyndham Hotels & Resorts currently has a consensus rating of "Moderate Buy" and an average target price of $108.48.

Wyndham Hotels & Resorts Stock Performance

Wyndham Hotels & Resorts stock traded up $0.06 during midday trading on Friday, hitting $84.35. 315,463 shares of the company were exchanged, compared to its average volume of 843,404. The business has a fifty day simple moving average of $87.70 and a two-hundred day simple moving average of $96.24. The company has a debt-to-equity ratio of 3.72, a quick ratio of 1.00 and a current ratio of 1.00. The firm has a market capitalization of $6.49 billion, a PE ratio of 23.24, a price-to-earnings-growth ratio of 1.87 and a beta of 1.08. 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 issued its quarterly earnings data on Wednesday, April 30th. The company reported $0.86 EPS for the quarter, topping analysts' consensus estimates of $0.82 by $0.04. Wyndham Hotels & Resorts had a net margin of 20.51% and a return on equity of 54.86%. The business had revenue of $316.00 million for the quarter, compared to analysts' expectations of $320.10 million. During the same quarter last year, the company earned $0.78 EPS. The business's revenue was up 3.6% on a year-over-year basis. On average, sell-side analysts forecast that Wyndham Hotels & Resorts, Inc. will post 4.79 earnings per share 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 given 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 dividend on an annualized basis and a dividend yield of 1.94%. Wyndham Hotels & Resorts's dividend payout ratio (DPR) is 38.86%.

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.