Commonwealth of Pennsylvania Public School Empls Retrmt SYS Lowers Stake in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS lessened its stake in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 1.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 17,180 shares of the company’s stock after selling 230 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Wyndham Hotels & Resorts were worth $1,732,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Mutual of America Capital Management LLC boosted its stake in Wyndham Hotels & Resorts by 17.3% in the fourth quarter. Mutual of America Capital Management LLC now owns 173,952 shares of the company’s stock valued at $17,533,000 after acquiring an additional 25,702 shares in the last quarter. CIBC Asset Management Inc purchased a new stake in shares of Wyndham Hotels & Resorts during the 4th quarter valued at $248,000. Stifel Financial Corp lifted its holdings in shares of Wyndham Hotels & Resorts by 91.9% during the 3rd quarter. Stifel Financial Corp now owns 30,665 shares of the company’s stock valued at $2,396,000 after purchasing an additional 14,688 shares during the last quarter. Proficio Capital Partners LLC acquired a new stake in shares of Wyndham Hotels & Resorts in the 4th quarter worth $28,000. Finally, Bank of New York Mellon Corp increased its position in Wyndham Hotels & Resorts by 1.0% during the 4th quarter. Bank of New York Mellon Corp now owns 851,974 shares of the company’s stock valued at $85,870,000 after buying an additional 8,129 shares in the last quarter. 93.46% of the stock is owned by institutional investors.

Wyndham Hotels & Resorts Price Performance

Shares of NYSE WH opened at $92.25 on Wednesday. The stock has a market capitalization of $7.17 billion, a price-to-earnings ratio of 25.41, a price-to-earnings-growth ratio of 1.87 and a beta of 1.28. Wyndham Hotels & Resorts, Inc. has a 52 week low of $67.67 and a 52 week high of $113.07. The firm has a 50-day simple moving average of $102.57 and a 200-day simple moving average of $95.30. 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) last released 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 net margin of 20.51% and a return on equity of 54.86%. On average, equities analysts predict that Wyndham Hotels & Resorts, Inc. will post 4.79 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 17th will be paid a $0.41 dividend. The ex-dividend date is Monday, March 17th. This is an increase from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.38. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.78%. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is 45.18%.

Wall Street Analyst Weigh In

WH has been the subject of several recent analyst reports. Wells Fargo & Company raised their price target on Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the stock an “overweight” rating in a report on Friday, February 14th. Truist Financial dropped 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 research report on Friday, March 21st. 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 report on Tuesday, February 18th. JPMorgan Chase & Co. raised their target price on Wyndham Hotels & Resorts from $99.00 to $113.00 and gave the stock an “overweight” rating in a research note on Friday, December 13th. Finally, Morgan Stanley boosted their price target on Wyndham Hotels & Resorts from $107.00 to $113.00 and gave the company an “overweight” rating in a research note on Tuesday, March 4th. 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, the stock has an average rating of “Moderate Buy” and an average target price of $116.08.

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.