Swiss National Bank Reduces Stake in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Swiss National Bank lessened its stake in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 1.3% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 155,400 shares of the company’s stock after selling 2,000 shares during the period. Swiss National Bank owned 0.20% of Wyndham Hotels & Resorts worth $15,663,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Smartleaf Asset Management LLC lifted its holdings in Wyndham Hotels & Resorts by 46.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 343 shares of the company’s stock valued at $35,000 after acquiring an additional 108 shares during the last quarter. Principal Securities Inc. lifted its stake in shares of Wyndham Hotels & Resorts by 1.0% in the 4th quarter. Principal Securities Inc. now owns 10,941 shares of the company’s stock valued at $1,103,000 after purchasing an additional 113 shares during the last quarter. Equitable Trust Co. grew its holdings in shares of Wyndham Hotels & Resorts by 1.5% during the 4th quarter. Equitable Trust Co. now owns 9,295 shares of the company’s stock worth $937,000 after purchasing an additional 135 shares during the period. M&T Bank Corp increased its position in shares of Wyndham Hotels & Resorts by 4.2% during the 3rd quarter. M&T Bank Corp now owns 3,415 shares of the company’s stock worth $267,000 after purchasing an additional 138 shares during the last quarter. Finally, UMB Bank n.a. raised its holdings in Wyndham Hotels & Resorts by 72.7% in the 4th quarter. UMB Bank n.a. now owns 399 shares of the company’s stock valued at $40,000 after buying an additional 168 shares during the period. Institutional investors and hedge funds own 93.46% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. JPMorgan Chase & Co. increased their target price on shares of Wyndham Hotels & Resorts from $99.00 to $113.00 and gave the stock an “overweight” rating in a research note on Friday, December 13th. Wells Fargo & Company increased their price objective on shares of Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the stock an “overweight” rating in a research report on Friday, February 14th. Robert W. Baird boosted their target price on Wyndham Hotels & Resorts from $108.00 to $115.00 and gave the company an “outperform” rating in a research report on Tuesday, February 18th. Stifel Nicolaus upped their price target on Wyndham Hotels & Resorts from $113.00 to $121.00 and gave the stock a “buy” rating in a research note on Thursday, February 13th. Finally, 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. Two analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat, Wyndham Hotels & Resorts currently has an average rating of “Moderate Buy” and an average target price of $116.45.

Wyndham Hotels & Resorts Price Performance

WH stock opened at $91.13 on Thursday. The business’s 50-day moving average is $103.27 and its two-hundred day moving average is $94.79. The company has a debt-to-equity ratio of 3.72, a current ratio of 1.00 and a quick ratio of 1.00. The firm has a market capitalization of $7.09 billion, a P/E ratio of 25.11, a P/E/G ratio of 1.87 and a beta of 1.28. Wyndham Hotels & Resorts, Inc. has a 1 year low of $67.67 and a 1 year high of $113.07.

Wyndham Hotels & Resorts (NYSE:WH) last issued its earnings results on Wednesday, February 12th. The company reported $1.04 earnings per share 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%. 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 company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 17th will be given a dividend of $0.41 per share. This is a boost from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.38. This represents a $1.64 annualized dividend and a dividend yield of 1.80%. The ex-dividend date of this dividend is Monday, March 17th. Wyndham Hotels & Resorts’s payout ratio is 45.18%.

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.