Capital Research Global Investors Lowers Stake in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Capital Research Global Investors cut its position in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 1.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 9,388,798 shares of the company's stock after selling 95,453 shares during the quarter. Capital Research Global Investors owned approximately 12.07% of Wyndham Hotels & Resorts worth $946,297,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in WH. Trust Co. of Vermont grew 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 acquiring an additional 200 shares in the last quarter. Proficio Capital Partners LLC purchased a new stake in shares of Wyndham Hotels & Resorts during the 4th quarter worth approximately $28,000. Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in shares of 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 worth $28,000 after purchasing an additional 234 shares during the period. Smartleaf Asset Management LLC lifted its stake in 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. grew its stake in shares of Wyndham Hotels & Resorts by 72.7% during the 4th quarter. UMB Bank n.a. now owns 399 shares of the company's stock worth $40,000 after acquiring an additional 168 shares during the period. 93.46% of the stock is currently owned by hedge funds and other institutional investors.

Wyndham Hotels & Resorts Trading Up 2.3 %

Shares of NYSE WH traded up $1.94 during trading hours on Thursday, hitting $85.14. The company's stock had a trading volume of 410,519 shares, compared to its average volume of 936,537. Wyndham Hotels & Resorts, Inc. has a 12 month low of $67.67 and a 12 month high of $113.07. The stock has a market cap of $6.60 billion, a price-to-earnings ratio of 23.46, a P/E/G ratio of 1.87 and a beta of 1.11. 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 business has a 50-day simple moving average of $92.94 and a 200-day simple moving average of $95.92.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last posted its 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%. On average, analysts anticipate that Wyndham Hotels & Resorts, Inc. will post 4.79 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 17th were issued a $0.41 dividend. This represents a $1.64 annualized dividend and a yield of 1.93%. This is an increase from Wyndham Hotels & Resorts's previous quarterly dividend of $0.38. The ex-dividend date was Monday, March 17th. Wyndham Hotels & Resorts's dividend payout ratio (DPR) is presently 45.18%.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. Robert W. Baird increased their target price on shares of Wyndham Hotels & Resorts from $108.00 to $115.00 and gave the stock an "outperform" rating in a research report on Tuesday, February 18th. Redburn Atlantic raised shares of Wyndham Hotels & Resorts from a "neutral" rating to a "buy" rating and set a $115.00 target price on the stock in a report on Monday, March 24th. Morgan Stanley cut their price target on Wyndham Hotels & Resorts from $102.00 to $94.00 and set an "overweight" rating for the company in a report on Tuesday. Truist Financial decreased their price objective on Wyndham Hotels & Resorts from $122.00 to $119.00 and set a "buy" rating on the stock in a research note on Friday, March 21st. Finally, Susquehanna raised their target price 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. Two equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $111.33.

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.