State of Alaska Department of Revenue Has $894,000 Stock Holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

State of Alaska Department of Revenue trimmed its holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 3.3% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 8,871 shares of the company’s stock after selling 305 shares during the quarter. State of Alaska Department of Revenue’s holdings in Wyndham Hotels & Resorts were worth $894,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Trust Co. of Vermont boosted its position in Wyndham Hotels & Resorts by 434.8% during the 4th quarter. Trust Co. of Vermont now owns 246 shares of the company’s stock worth $25,000 after acquiring an additional 200 shares during the last quarter. Assetmark Inc. acquired a new stake in shares of Wyndham Hotels & Resorts in the 3rd quarter valued at approximately $30,000. Nomura Asset Management Co. Ltd. boosted its holdings in shares of Wyndham Hotels & Resorts by 86.4% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 410 shares of the company’s stock valued at $32,000 after buying an additional 190 shares during the last quarter. First Horizon Advisors Inc. boosted its holdings in shares of Wyndham Hotels & Resorts by 76.9% in the 3rd quarter. First Horizon Advisors Inc. now owns 467 shares of the company’s stock valued at $36,000 after buying an additional 203 shares during the last quarter. Finally, UMB Bank n.a. boosted its holdings in shares of 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 last quarter. 93.46% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on WH shares. Robert W. Baird increased their price objective on Wyndham Hotels & Resorts from $92.00 to $97.00 and gave the stock an “outperform” rating in a research report on Friday, October 25th. Oppenheimer raised their price target on Wyndham Hotels & Resorts from $90.00 to $115.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 12th. Jefferies Financial Group raised their price target on Wyndham Hotels & Resorts from $107.00 to $120.00 and gave the stock a “buy” rating in a research report on Thursday, January 2nd. StockNews.com upgraded Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a research report on Friday, November 1st. Finally, Wells Fargo & Company upgraded Wyndham Hotels & Resorts from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $103.00 to $114.00 in a research report on Friday, January 10th. Two investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $109.50.

Wyndham Hotels & Resorts Stock Performance

Shares of WH stock opened at $107.61 on Friday. The business’s 50-day moving average price is $103.14 and its 200-day moving average price is $90.29. Wyndham Hotels & Resorts, Inc. has a 12 month low of $67.67 and a 12 month high of $110.58. The firm has a market capitalization of $8.37 billion, a price-to-earnings ratio of 34.16, a PEG ratio of 2.14 and a beta of 1.29. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 4.19.

Wyndham Hotels & Resorts (NYSE:WH) last issued its quarterly earnings data 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 51.79% and a net margin of 18.29%. Equities research analysts forecast that Wyndham Hotels & Resorts, Inc. will post 4.3 EPS for the current year.

Wyndham Hotels & Resorts Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, December 27th. Shareholders of record on Friday, December 13th were issued a $0.38 dividend. The ex-dividend date was Friday, December 13th. This represents a $1.52 dividend on an annualized basis and a yield of 1.41%. Wyndham Hotels & Resorts’s payout ratio is currently 48.25%.

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 following segments: Hotel Franchising, Hotel Management, and Corporate and Other. The Hotel Franchising segment focuses on licensing the company’s lodging brands and providing related services to third-party hotel owners and others.