Redwood Investment Management LLC Acquires Shares of 14,132 Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Redwood Investment Management LLC acquired a new stake in Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 14,132 shares of the company's stock, valued at approximately $1,424,000.

A number of other large investors have also recently made changes to their positions in WH. Trust Co. of Vermont raised its holdings 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 purchasing an additional 200 shares during the last quarter. Proficio Capital Partners LLC purchased a new stake in shares of Wyndham Hotels & Resorts in the fourth quarter valued at about $28,000. Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in shares of Wyndham Hotels & Resorts by 508.7% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 280 shares of the company's stock valued at $28,000 after purchasing an additional 234 shares during the last quarter. Smartleaf Asset Management LLC raised its holdings in shares of Wyndham Hotels & Resorts by 46.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 343 shares of the company's stock valued at $35,000 after purchasing an additional 108 shares during the last quarter. Finally, UMB Bank n.a. raised its holdings in shares of Wyndham Hotels & Resorts by 72.7% in the fourth quarter. UMB Bank n.a. now owns 399 shares of the company's stock valued at $40,000 after purchasing an additional 168 shares during the last quarter. 93.46% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Redburn Atlantic upgraded shares of Wyndham Hotels & Resorts from a "neutral" rating to a "buy" rating and set a $115.00 target price for the company in a report on Monday, March 24th. Jefferies Financial Group reduced their target price on shares of Wyndham Hotels & Resorts from $125.00 to $110.00 and set a "buy" rating for the company in a research report on Wednesday, April 9th. Stifel Nicolaus decreased their price target on shares of Wyndham Hotels & Resorts from $121.00 to $102.75 and set a "buy" rating for the company in a research note on Thursday, May 1st. Barclays decreased their price target on shares of Wyndham Hotels & Resorts from $121.00 to $100.00 and set an "overweight" rating for the company in a research note on Tuesday, April 22nd. Finally, Morgan Stanley decreased 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 research note on Tuesday, April 22nd. Two research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $108.48.

Wyndham Hotels & Resorts Stock Up 3.3%

Wyndham Hotels & Resorts stock opened at $88.71 on Friday. Wyndham Hotels & Resorts, Inc. has a 1-year low of $67.67 and a 1-year high of $113.07. The firm has a market capitalization of $6.83 billion, a price-to-earnings ratio of 24.44, a P/E/G ratio of 1.87 and a beta of 1.08. 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 50 day simple moving average of $86.25 and a 200 day simple moving average of $96.22.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The company reported $0.86 earnings per share for the quarter, beating 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 during the quarter, compared to analyst estimates of $320.10 million. During the same period in the previous year, the business earned $0.78 EPS. Wyndham Hotels & Resorts's revenue was up 3.6% compared to the same quarter last year. On average, analysts predict that Wyndham Hotels & Resorts, Inc. will post 4.79 earnings per share for the current year.

Wyndham Hotels & Resorts Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be paid a $0.41 dividend. The ex-dividend date of this dividend is Friday, June 13th. This represents a $1.64 dividend on an annualized basis and a yield of 1.85%. Wyndham Hotels & Resorts's dividend payout ratio 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.

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