Russell Investments Group Ltd. Lowers Stock Holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Russell Investments Group Ltd. reduced its stake in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 10.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 96,112 shares of the company's stock after selling 11,117 shares during the quarter. Russell Investments Group Ltd. owned 0.12% of Wyndham Hotels & Resorts worth $9,687,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of WH. Trust Co. of Vermont raised its holdings in Wyndham Hotels & Resorts by 434.8% in the 4th quarter. Trust Co. of Vermont now owns 246 shares of the company's stock worth $25,000 after purchasing an additional 200 shares during the period. Proficio Capital Partners LLC purchased a new position in shares of Wyndham Hotels & Resorts during the 4th quarter valued at approximately $28,000. Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in Wyndham Hotels & Resorts by 508.7% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 280 shares of the company's stock valued at $28,000 after acquiring an additional 234 shares during the period. Nomura Asset Management Co. Ltd. increased its holdings in Wyndham Hotels & Resorts by 86.4% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 410 shares of the company's stock worth $32,000 after acquiring an additional 190 shares in the last quarter. Finally, Smartleaf Asset Management LLC lifted its holdings in Wyndham Hotels & Resorts by 46.0% during 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 in the last quarter. 93.46% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms recently weighed in on WH. The Goldman Sachs Group reduced 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 research report on Monday. Susquehanna lifted their price target on Wyndham Hotels & Resorts from $80.00 to $110.00 and gave the stock a "neutral" rating in a research note on Tuesday, February 25th. Jefferies Financial Group reduced their price objective on 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. Barclays lifted their target price on shares of Wyndham Hotels & Resorts from $116.00 to $121.00 and gave the stock an "overweight" rating in a research note on Friday, February 14th. Finally, Morgan Stanley increased their target price on shares of Wyndham Hotels & Resorts from $107.00 to $113.00 and gave the company an "overweight" rating in a research report on Tuesday, March 4th. Two investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $114.67.

Wyndham Hotels & Resorts Trading Up 0.3 %

WH traded up $0.26 during trading hours on Thursday, reaching $81.97. The company's stock had a trading volume of 130,949 shares, compared to its average volume of 828,890. The stock has a market cap of $6.35 billion, a PE ratio of 22.61, a P/E/G ratio of 1.87 and a beta of 1.11. Wyndham Hotels & Resorts, Inc. has a fifty-two week low of $67.67 and a fifty-two week high of $113.07. The company has a debt-to-equity ratio of 3.72, a current ratio of 1.00 and a quick ratio of 1.00. The business's 50-day moving average is $95.64 and its 200-day moving average is $95.82.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last released its quarterly earnings results on Wednesday, February 12th. The company reported $1.04 earnings per share for the quarter, topping analysts' consensus estimates of $1.00 by $0.04. Wyndham Hotels & Resorts had a return on equity of 54.86% and a net margin of 20.51%. As a group, equities research analysts predict 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 disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors 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 represents a $1.64 dividend on an annualized basis and a dividend yield of 2.00%. This is a boost from Wyndham Hotels & Resorts's previous quarterly dividend of $0.38. Wyndham Hotels & Resorts's dividend payout ratio (DPR) is presently 45.18%.

About Wyndham Hotels & Resorts

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.