AdvisorShares Investments LLC Purchases 3,800 Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH)

AdvisorShares Investments LLC boosted its holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 176.2% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,957 shares of the company's stock after acquiring an additional 3,800 shares during the quarter. AdvisorShares Investments LLC's holdings in Wyndham Hotels & Resorts were worth $600,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Bessemer Group Inc. raised its holdings in shares of Wyndham Hotels & Resorts by 24,953.8% during the 4th quarter. Bessemer Group Inc. now owns 1,333,615 shares of the company's stock valued at $134,414,000 after buying an additional 1,328,292 shares in the last quarter. Norges Bank purchased a new position in shares of Wyndham Hotels & Resorts during the fourth quarter worth approximately $104,774,000. JPMorgan Chase & Co. lifted its holdings in shares of Wyndham Hotels & Resorts by 404.8% in the 4th quarter. JPMorgan Chase & Co. now owns 1,213,027 shares of the company's stock worth $122,261,000 after acquiring an additional 972,708 shares during the last quarter. TimesSquare Capital Management LLC lifted its holdings in shares of Wyndham Hotels & Resorts by 74.8% in the 4th quarter. TimesSquare Capital Management LLC now owns 497,742 shares of the company's stock worth $50,167,000 after acquiring an additional 213,052 shares during the last quarter. Finally, Boston Partners boosted its stake in shares of Wyndham Hotels & Resorts by 5.3% in the 4th quarter. Boston Partners now owns 3,853,527 shares of the company's stock valued at $388,462,000 after purchasing an additional 192,221 shares in the last quarter. Hedge funds and other institutional investors own 93.46% of the company's stock.

Analyst Ratings Changes

Several analysts have weighed in on the stock. Morgan Stanley lowered 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. Truist Financial dropped their target price on Wyndham Hotels & Resorts from $122.00 to $119.00 and set a "buy" rating for the company in a report on Friday, March 21st. The Goldman Sachs Group decreased their price target on Wyndham Hotels & Resorts from $124.00 to $108.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Barclays dropped their price objective on 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, Wells Fargo & Company lifted their target price on shares of Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the stock an "overweight" rating in a research note on Friday, February 14th. Two equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company's stock. According to data from MarketBeat.com, Wyndham Hotels & Resorts has a consensus rating of "Moderate Buy" and an average target price of $109.81.

Wyndham Hotels & Resorts Trading Up 2.2 %

Shares of NYSE:WH traded up $1.85 on Friday, hitting $87.21. The company had a trading volume of 962,018 shares, compared to its average volume of 837,421. Wyndham Hotels & Resorts, Inc. has a 1 year low of $67.67 and a 1 year 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. The firm's 50-day simple moving average is $89.59 and its two-hundred day simple moving average is $96.30. The firm has a market capitalization of $6.76 billion, a price-to-earnings ratio of 24.02, a P/E/G ratio of 1.87 and a beta of 1.08.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last posted its quarterly earnings data 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. Wyndham Hotels & Resorts had a return on equity of 54.86% and a net margin of 20.51%. The business had revenue of $316.00 million for the quarter, compared to analysts' expectations of $320.10 million. During the same period in the previous year, the firm posted $0.78 EPS. The business's revenue was up 3.6% on a year-over-year basis. Equities 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 announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 17th were issued a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.88%. The ex-dividend date was Monday, March 17th. This is a boost from Wyndham Hotels & Resorts's previous quarterly dividend of $0.38. Wyndham Hotels & Resorts's payout ratio is 38.86%.

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.