Wyndham Hotels & Resorts, Inc. (NYSE:WH) Shares Sold by Geode Capital Management LLC

Geode Capital Management LLC cut its holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 1.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,329,678 shares of the company’s stock after selling 18,281 shares during the quarter. Geode Capital Management LLC’s holdings in Wyndham Hotels & Resorts were worth $134,060,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. Trust Co. of Vermont grew its holdings in shares of Wyndham Hotels & Resorts by 434.8% during the fourth quarter. Trust Co. of Vermont now owns 246 shares of the company’s stock valued at $25,000 after buying an additional 200 shares during the last quarter. Proficio Capital Partners LLC acquired a new stake in Wyndham Hotels & Resorts during the 4th quarter worth about $28,000. Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in Wyndham Hotels & Resorts by 508.7% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 280 shares of the company’s stock valued at $28,000 after purchasing an additional 234 shares during the last quarter. Nomura Asset Management Co. Ltd. increased its holdings in shares of Wyndham Hotels & Resorts by 86.4% in the third quarter. Nomura Asset Management Co. Ltd. now owns 410 shares of the company’s stock valued at $32,000 after purchasing an additional 190 shares during the period. Finally, Smartleaf Asset Management LLC raised its stake in shares of Wyndham Hotels & Resorts by 46.0% in 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. Institutional investors and hedge funds own 93.46% of the company’s stock.

Wyndham Hotels & Resorts Trading Down 1.8 %

WH stock opened at $78.15 on Wednesday. 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, Inc. has a 52-week low of $67.67 and a 52-week high of $113.07. The company’s 50-day simple moving average is $98.68 and its 200-day simple moving average is $95.82. The firm has a market cap of $6.05 billion, a P/E ratio of 21.53, a PEG ratio of 1.87 and a beta of 1.11.

Wyndham Hotels & Resorts (NYSE:WH) last issued its quarterly earnings results on Wednesday, February 12th. The company reported $1.04 earnings per share (EPS) 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%. As a group, equities analysts forecast that Wyndham Hotels & Resorts, Inc. will post 4.79 EPS for the current fiscal year.

Wyndham Hotels & Resorts Increases Dividend

The business also recently declared 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 2.10%. The ex-dividend date of this dividend was Monday, March 17th. This is a positive change from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.38. Wyndham Hotels & Resorts’s payout ratio is presently 45.18%.

Analyst Ratings Changes

WH has been the topic of a number of recent research reports. Stifel Nicolaus upped their target price on Wyndham Hotels & Resorts from $113.00 to $121.00 and gave the company a “buy” rating in a research report on Thursday, February 13th. Jefferies Financial Group upped their price objective on shares of Wyndham Hotels & Resorts from $107.00 to $120.00 and gave the company a “buy” rating in a report on Thursday, January 2nd. Robert W. Baird raised their target price on shares of Wyndham Hotels & Resorts from $108.00 to $115.00 and gave the stock an “outperform” rating in a report on Tuesday, February 18th. Susquehanna boosted their target price on shares of Wyndham Hotels & Resorts from $80.00 to $110.00 and gave the company a “neutral” rating in a research report on Tuesday, February 25th. Finally, Truist Financial cut their price target on 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. Two research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $116.08.

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.