Wyndham Hotels & Resorts, Inc. (NYSE:WH) Shares Bought by Ethic Inc.

Ethic Inc. increased its holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 94.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,337 shares of the company's stock after acquiring an additional 6,002 shares during the quarter. Ethic Inc.'s holdings in Wyndham Hotels & Resorts were worth $1,243,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of WH. Mutual of America Capital Management LLC grew its position in Wyndham Hotels & Resorts by 17.3% during the 4th quarter. Mutual of America Capital Management LLC now owns 173,952 shares of the company's stock worth $17,533,000 after purchasing an additional 25,702 shares during the last quarter. CIBC Asset Management Inc purchased a new stake in shares of Wyndham Hotels & Resorts during the fourth quarter worth about $248,000. Bessemer Group Inc. boosted its stake in shares of Wyndham Hotels & Resorts by 24,953.8% in the fourth quarter. Bessemer Group Inc. now owns 1,333,615 shares of the company's stock worth $134,414,000 after acquiring an additional 1,328,292 shares during the last quarter. Proficio Capital Partners LLC acquired a new stake in Wyndham Hotels & Resorts during the 4th quarter worth $28,000. Finally, Bank of New York Mellon Corp lifted its stake in shares of Wyndham Hotels & Resorts by 1.0% in the fourth quarter. Bank of New York Mellon Corp now owns 851,974 shares of the company's stock worth $85,870,000 after buying an additional 8,129 shares in the last quarter. 93.46% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

WH has been the topic of a number of recent research reports. Barclays lowered their price objective on Wyndham Hotels & Resorts from $121.00 to $100.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 22nd. Wells Fargo & Company upped their price objective on Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the company an "overweight" rating in a research note on Friday, February 14th. Stifel Nicolaus dropped their target price on shares of Wyndham Hotels & Resorts from $121.00 to $102.75 and set a "buy" rating for the company in a report on Thursday, May 1st. Susquehanna raised their price objective on Wyndham Hotels & Resorts from $80.00 to $110.00 and gave the stock a "neutral" rating in a report on Tuesday, February 25th. Finally, Jefferies Financial Group dropped their price target on Wyndham Hotels & Resorts from $125.00 to $110.00 and set a "buy" rating on the stock in a research report on Wednesday, April 9th. 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 presently has an average rating of "Moderate Buy" and an average price target of $108.48.

Wyndham Hotels & Resorts Stock Performance

Shares of NYSE:WH traded down $0.69 during midday trading on Monday, reaching $88.05. 87,900 shares of the company traded hands, compared to its average volume of 848,377. The firm's fifty day moving average price is $86.25 and its two-hundred day moving average price is $96.32. The firm has a market capitalization of $6.78 billion, a price-to-earnings ratio of 24.20, a price-to-earnings-growth ratio of 1.87 and a beta of 1.08. Wyndham Hotels & Resorts, Inc. has a 12 month low of $67.67 and a 12 month 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 announced its quarterly earnings results on Wednesday, April 30th. The company reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.82 by $0.04. The business had revenue of $316.00 million during the quarter, compared to analysts' expectations of $320.10 million. Wyndham Hotels & Resorts had a net margin of 20.51% and a return on equity of 54.86%. The firm's revenue for the quarter was up 3.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.78 EPS. On average, equities analysts expect that Wyndham Hotels & Resorts, Inc. will post 4.79 earnings per share for the current year.

Wyndham Hotels & Resorts Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 13th will be issued a $0.41 dividend. The ex-dividend date is Friday, June 13th. This represents a $1.64 annualized dividend and a yield of 1.86%. Wyndham Hotels & Resorts's dividend payout ratio (DPR) is presently 38.86%.

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.