Jump Financial LLC Acquires New Stake in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Jump Financial LLC acquired a new position in Wyndham Hotels & Resorts, Inc. (NYSE:WHFree Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 5,664 shares of the company’s stock, valued at approximately $394,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. State Street Corp increased its stake in Wyndham Hotels & Resorts by 3.2% during the 1st quarter. State Street Corp now owns 2,554,592 shares of the company’s stock valued at $216,348,000 after purchasing an additional 80,119 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of Wyndham Hotels & Resorts by 3.6% during the first quarter. Goldman Sachs Group Inc. now owns 2,242,143 shares of the company’s stock valued at $189,887,000 after buying an additional 77,125 shares during the last quarter. Jackson Square Partners LLC increased its position in shares of Wyndham Hotels & Resorts by 10.5% in the 2nd quarter. Jackson Square Partners LLC now owns 1,891,594 shares of the company’s stock valued at $129,707,000 after acquiring an additional 179,064 shares during the period. Invesco Ltd. raised its stake in Wyndham Hotels & Resorts by 12.8% in the 1st quarter. Invesco Ltd. now owns 1,834,481 shares of the company’s stock worth $155,362,000 after acquiring an additional 208,620 shares during the last quarter. Finally, Nuveen Asset Management LLC lifted its position in Wyndham Hotels & Resorts by 30.0% during the 2nd quarter. Nuveen Asset Management LLC now owns 1,596,620 shares of the company’s stock worth $109,480,000 after acquiring an additional 368,601 shares during the period. 92.06% of the stock is currently owned by hedge funds and other institutional investors.

Wyndham Hotels & Resorts Price Performance

Shares of NYSE WH opened at $79.90 on Monday. The company has a debt-to-equity ratio of 2.48, a current ratio of 1.07 and a quick ratio of 1.07. The stock has a market capitalization of $6.63 billion, a price-to-earnings ratio of 23.29, a PEG ratio of 7.05 and a beta of 1.37. The firm’s 50 day simple moving average is $79.38 and its 200-day simple moving average is $76.03. Wyndham Hotels & Resorts, Inc. has a 12 month low of $63.69 and a 12 month high of $81.73.

Wyndham Hotels & Resorts Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 27th. Investors of record on Wednesday, December 13th were given a dividend of $0.35 per share. The ex-dividend date was Tuesday, December 12th. This represents a $1.40 annualized dividend and a yield of 1.75%. Wyndham Hotels & Resorts’s dividend payout ratio is presently 40.82%.

Wall Street Analyst Weigh In

WH has been the topic of a number of research reports. HSBC started coverage on Wyndham Hotels & Resorts in a report on Monday, October 23rd. They issued a “buy” rating and a $87.00 price objective on the stock. StockNews.com started coverage on shares of Wyndham Hotels & Resorts in a report on Wednesday, February 7th. They issued a “hold” rating on the stock. Finally, Morgan Stanley lifted their price objective on shares of Wyndham Hotels & Resorts from $87.00 to $88.00 and gave the company an “overweight” rating in a research note on Friday, October 27th. One research analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Wyndham Hotels & Resorts has an average rating of “Moderate Buy” and an average price target of $87.00.

View Our Latest Research Report on WH

Wyndham Hotels & Resorts Profile

(Free Report)

Wyndham Hotels & Resorts, Inc operates as a hotel franchisor worldwide. It operates through Hotel Franchising and Hotel Management segments. The Hotel Franchising segment licenses its lodging brands and provides related services to third-party hotel owners and others. The Hotel Management segment provides hotel management services for full-service hotels.

See Also

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Institutional Ownership by Quarter for Wyndham Hotels & Resorts (NYSE:WH)

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