Voya Investment Management LLC Has $1.14 Million Stock Position in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Voya Investment Management LLC lessened its stake in Wyndham Hotels & Resorts, Inc. (NYSE:WH - Free Report) by 76.9% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 11,334 shares of the company's stock after selling 37,678 shares during the quarter. Voya Investment Management LLC's holdings in Wyndham Hotels & Resorts were worth $1,142,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in WH. Trust Co. of Vermont lifted its stake in Wyndham Hotels & Resorts by 434.8% during the fourth 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 last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in Wyndham Hotels & Resorts by 508.7% during the fourth 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 last quarter. Smartleaf Asset Management LLC lifted its stake in Wyndham Hotels & Resorts by 46.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 343 shares of the company's stock worth $35,000 after purchasing an additional 108 shares during the last quarter. UMB Bank n.a. lifted its stake in Wyndham Hotels & Resorts by 72.7% during the fourth quarter. UMB Bank n.a. now owns 399 shares of the company's stock worth $40,000 after purchasing an additional 168 shares during the last quarter. Finally, FIL Ltd lifted its stake in Wyndham Hotels & Resorts by 226.6% during the fourth quarter. FIL Ltd now owns 454 shares of the company's stock worth $46,000 after purchasing an additional 315 shares during the last quarter. Hedge funds and other institutional investors own 93.46% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have commented on WH. Redburn Atlantic raised Wyndham Hotels & Resorts from a "neutral" rating to a "buy" rating and set a $115.00 price target on the stock in a research report on Monday, March 24th. Robert W. Baird cut their price target on Wyndham Hotels & Resorts from $107.00 to $99.00 and set an "outperform" rating on the stock in a research report on Tuesday, May 6th. Morgan Stanley cut their price target on Wyndham Hotels & Resorts from $102.00 to $94.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 22nd. Wells Fargo & Company lifted their price target on Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the stock an "overweight" rating in a research report on Friday, February 14th. Finally, Stifel Nicolaus cut their price target on Wyndham Hotels & Resorts from $121.00 to $102.75 and set a "buy" rating on the stock in a research report on Thursday, May 1st. Two investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to MarketBeat, Wyndham Hotels & Resorts currently has a consensus rating of "Moderate Buy" and a consensus price target of $108.48.

Wyndham Hotels & Resorts Stock Performance

WH traded up $0.22 during trading hours on Friday, hitting $84.51. The company's stock had a trading volume of 700,136 shares, compared to its average volume of 847,325. Wyndham Hotels & Resorts, Inc. has a fifty-two week low of $67.67 and a fifty-two week high of $113.07. The firm has a market capitalization of $6.51 billion, a PE ratio of 23.28, a PEG ratio of 1.87 and a beta of 1.08. The company has a 50-day simple moving average of $87.30 and a 200 day simple moving average of $96.40. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 3.72.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last issued its earnings results on Wednesday, April 30th. The company reported $0.86 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.82 by $0.04. The business had revenue of $316.00 million for the quarter, compared to analysts' expectations of $320.10 million. Wyndham Hotels & Resorts had a return on equity of 54.86% and a net margin of 20.51%. The company's quarterly revenue was up 3.6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.78 EPS. As a group, sell-side analysts expect that Wyndham Hotels & Resorts, Inc. will post 4.79 EPS for the current 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 given a $0.41 dividend. This represents a $1.64 annualized dividend and a dividend yield of 1.94%. The ex-dividend date of this dividend was Monday, March 17th. This is a boost from Wyndham Hotels & Resorts's previous quarterly dividend of $0.38. Wyndham Hotels & Resorts's dividend payout ratio (DPR) is 38.86%.

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.