Walleye Capital LLC Invests $7.69 Million in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Walleye Capital LLC purchased a new position in Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 76,319 shares of the company's stock, valued at approximately $7,692,000. Walleye Capital LLC owned approximately 0.10% of Wyndham Hotels & Resorts as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. Trust Co. of Vermont lifted its stake in Wyndham Hotels & Resorts by 434.8% in the fourth quarter. Trust Co. of Vermont now owns 246 shares of the company's stock worth $25,000 after acquiring an additional 200 shares during the last quarter. Proficio Capital Partners LLC acquired a new position in shares of Wyndham Hotels & Resorts during the fourth quarter worth $28,000. Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in 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 buying an additional 234 shares during the last quarter. Smartleaf Asset Management LLC lifted its holdings in Wyndham Hotels & Resorts by 46.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 343 shares of the company's stock worth $35,000 after buying an additional 108 shares during the last quarter. Finally, UMB Bank n.a. increased its holdings in shares of Wyndham Hotels & Resorts by 72.7% in the 4th quarter. UMB Bank n.a. now owns 399 shares of the company's stock valued at $40,000 after acquiring an additional 168 shares during the last quarter. Hedge funds and other institutional investors own 93.46% of the company's stock.

Wall Street Analyst Weigh In

WH has been the subject of several research analyst reports. Redburn Atlantic raised Wyndham Hotels & Resorts from a "neutral" rating to a "buy" rating and set a $115.00 price objective for the company in a report on Monday, March 24th. Robert W. Baird boosted their price objective on shares of Wyndham Hotels & Resorts from $108.00 to $115.00 and gave the company an "outperform" rating in a research note on Tuesday, February 18th. Truist Financial lowered their target price on shares of Wyndham Hotels & Resorts from $122.00 to $119.00 and set a "buy" rating on the stock in a report on Friday, March 21st. Jefferies Financial Group lowered their price objective on Wyndham Hotels & Resorts from $125.00 to $110.00 and set a "buy" rating on the stock in a report on Wednesday, April 9th. Finally, Barclays raised their price target on Wyndham Hotels & Resorts from $116.00 to $121.00 and gave the company an "overweight" rating in a report on Friday, February 14th. Two analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat.com, Wyndham Hotels & Resorts has a consensus rating of "Moderate Buy" and an average target price of $114.67.

Wyndham Hotels & Resorts Price Performance

Shares of WH traded down $1.68 during trading hours on Monday, reaching $79.76. 68,705 shares of the company traded hands, compared to its average volume of 829,110. The stock has a market capitalization of $6.18 billion, a PE ratio of 21.97, a price-to-earnings-growth ratio of 1.87 and a beta of 1.11. The stock has a fifty day simple moving average of $94.60 and a 200 day simple moving average of $96.11. 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 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, 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%. As a group, research analysts predict that Wyndham Hotels & Resorts, Inc. will post 4.79 EPS for the current fiscal year.

Wyndham Hotels & Resorts Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 17th were issued a $0.41 dividend. The ex-dividend date 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 yield of 2.06%. Wyndham Hotels & Resorts's payout ratio is 45.18%.

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.