Kennedy Capital Management LLC Lowers Holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Kennedy Capital Management LLC reduced its position in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 12.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 70,588 shares of the company’s stock after selling 9,807 shares during the period. Kennedy Capital Management LLC owned approximately 0.09% of Wyndham Hotels & Resorts worth $7,115,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in WH. Trust Co. of Vermont grew its stake 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 purchased a new stake in shares of Wyndham Hotels & Resorts in the 4th quarter worth about $28,000. Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in Wyndham Hotels & Resorts by 508.7% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 280 shares of the company’s stock worth $28,000 after buying an additional 234 shares during the period. Nomura Asset Management Co. Ltd. boosted its position in shares of Wyndham Hotels & Resorts by 86.4% during 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 in the last quarter. Finally, Smartleaf Asset Management LLC boosted its holdings in shares of Wyndham Hotels & Resorts by 46.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 343 shares of the company’s stock valued at $35,000 after buying an additional 108 shares in the last quarter. Institutional investors own 93.46% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently issued reports on WH. Redburn Atlantic raised shares of Wyndham Hotels & Resorts from a “neutral” rating to a “buy” rating and set a $115.00 price target for the company in a research report on Monday, March 24th. Wells Fargo & Company lifted their target price on shares of Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the company an “overweight” rating in a report on Friday, February 14th. Stifel Nicolaus raised their price objective 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. Morgan Stanley lifted their price objective 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. Finally, Susquehanna increased their target price on Wyndham Hotels & Resorts from $80.00 to $110.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 25th. 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 MarketBeat.com, Wyndham Hotels & Resorts currently has an average rating of “Moderate Buy” and a consensus target price of $115.25.

Wyndham Hotels & Resorts Trading Up 2.3 %

Shares of NYSE:WH opened at $84.44 on Friday. The company has a debt-to-equity ratio of 3.72, a current ratio of 1.00 and a quick ratio of 1.00. Wyndham Hotels & Resorts, Inc. has a 1 year low of $67.67 and a 1 year high of $113.07. The company has a market cap of $6.54 billion, a P/E ratio of 23.26, a PEG ratio of 1.87 and a beta of 1.11. The stock’s fifty day moving average price is $97.10 and its 200-day moving average price is $95.88.

Wyndham Hotels & Resorts (NYSE:WH) last posted its earnings results on Wednesday, February 12th. The company reported $1.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.00 by $0.04. Wyndham Hotels & Resorts had a net margin of 20.51% and a return on equity of 54.86%. Sell-side analysts expect that Wyndham Hotels & Resorts, Inc. will post 4.79 earnings per share for the current year.

Wyndham Hotels & Resorts Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 17th were issued a $0.41 dividend. The ex-dividend date was Monday, March 17th. This represents a $1.64 annualized dividend and a yield of 1.94%. This is a boost from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.38. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is currently 45.18%.

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.