Wyndham Hotels & Resorts, Inc. (NYSE:WH) Short Interest Update

Wyndham Hotels & Resorts, Inc. (NYSE:WH) was the recipient of a significant drop in short interest in February. As of February 28th, there was short interest totalling 2,480,000 shares, a drop of 21.8% from the February 13th total of 3,170,000 shares. Based on an average daily volume of 853,900 shares, the short-interest ratio is currently 2.9 days. Approximately 3.3% of the shares of the company are short sold.

Institutional Trading of Wyndham Hotels & Resorts

Large investors have recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC grew its holdings in Wyndham Hotels & Resorts by 4.8% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 6,326 shares of the company’s stock valued at $638,000 after buying an additional 288 shares in the last quarter. Forum Financial Management LP purchased a new stake in Wyndham Hotels & Resorts in the 4th quarter valued at $232,000. Public Employees Retirement System of Ohio grew its holdings in Wyndham Hotels & Resorts by 71.4% in the 4th quarter. Public Employees Retirement System of Ohio now owns 49,616 shares of the company’s stock valued at $5,001,000 after buying an additional 20,670 shares in the last quarter. Burgundy Asset Management Ltd. grew its holdings in Wyndham Hotels & Resorts by 1.7% in the 4th quarter. Burgundy Asset Management Ltd. now owns 2,301,289 shares of the company’s stock valued at $231,947,000 after buying an additional 37,832 shares in the last quarter. Finally, Castleark Management LLC purchased a new position in shares of Wyndham Hotels & Resorts during the 4th quarter worth $6,556,000. 93.46% of the stock is currently owned by hedge funds and other institutional investors.

Wyndham Hotels & Resorts Trading Up 1.4 %

WH traded up $1.26 during trading on Wednesday, reaching $90.85. The company had a trading volume of 201,401 shares, compared to its average volume of 784,034. The stock has a market cap of $7.06 billion, a P/E ratio of 25.02, a PEG ratio of 1.87 and a beta of 1.28. The business has a 50 day simple moving average of $103.43 and a 200-day simple moving average of $94.81. Wyndham Hotels & Resorts has a 52 week low of $67.67 and a 52 week high of $113.07. 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 the consensus estimate of $1.00 by $0.04. Wyndham Hotels & Resorts had a return on equity of 54.86% and a net margin of 20.51%. On average, equities analysts anticipate that Wyndham Hotels & Resorts will post 4.79 EPS for the current fiscal year.

Wyndham Hotels & Resorts Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 17th will be given a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a dividend yield of 1.81%. This is a boost from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.38. The ex-dividend date of this dividend is Monday, March 17th. Wyndham Hotels & Resorts’s payout ratio is presently 45.18%.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. Truist Financial lifted their target price on shares of Wyndham Hotels & Resorts from $105.00 to $122.00 and gave the company a “buy” rating in a research report on Wednesday, February 19th. Barclays lifted their target price on shares of Wyndham Hotels & Resorts from $116.00 to $121.00 and gave the company an “overweight” rating in a research report on Friday, February 14th. JPMorgan Chase & Co. lifted their target price on shares of Wyndham Hotels & Resorts from $99.00 to $113.00 and gave the company an “overweight” rating in a research report on Friday, December 13th. Stifel Nicolaus lifted their target price on shares of Wyndham Hotels & Resorts from $113.00 to $121.00 and gave the company a “buy” rating in a research report on Thursday, February 13th. Finally, Robert W. Baird lifted their target price on shares of Wyndham Hotels & Resorts from $108.00 to $115.00 and gave the company an “outperform” rating in a research report on Tuesday, February 18th. Two analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to MarketBeat.com, Wyndham Hotels & Resorts has a consensus rating of “Moderate Buy” and a consensus target price of $116.45.

Wyndham Hotels & Resorts Company 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.