Principal Securities Inc. grew its holdings in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH – Free Report) by 1.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,941 shares of the company’s stock after purchasing an additional 113 shares during the period. Principal Securities Inc.’s holdings in Wyndham Hotels & Resorts were worth $1,103,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors also recently made changes to their positions in the company. Trust Co. of Vermont boosted its position in shares of Wyndham Hotels & Resorts by 434.8% during the 4th quarter. Trust Co. of Vermont now owns 246 shares of the company’s stock valued at $25,000 after purchasing an additional 200 shares in the last quarter. Assetmark Inc. bought a new position in shares of Wyndham Hotels & Resorts during the 3rd quarter valued at about $30,000. Nomura Asset Management Co. Ltd. boosted its position in shares of Wyndham Hotels & Resorts by 86.4% during the 3rd 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. First Horizon Advisors Inc. boosted its holdings in shares of Wyndham Hotels & Resorts by 76.9% in the third quarter. First Horizon Advisors Inc. now owns 467 shares of the company’s stock worth $36,000 after buying an additional 203 shares during the period. Finally, UMB Bank n.a. boosted its holdings in shares of Wyndham Hotels & Resorts by 72.7% in the fourth quarter. UMB Bank n.a. now owns 399 shares of the company’s stock worth $40,000 after buying an additional 168 shares during the period. Institutional investors own 93.46% of the company’s stock.
Wyndham Hotels & Resorts Trading Up 0.4 %
NYSE:WH opened at $111.87 on Thursday. The company’s 50 day moving average is $103.82 and its 200-day moving average is $91.35. 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, Inc. has a 12 month low of $67.67 and a 12 month high of $112.16. The firm has a market cap of $8.70 billion, a price-to-earnings ratio of 30.82, a P/E/G ratio of 2.18 and a beta of 1.29.
Wall Street Analysts Forecast Growth
WH has been the subject of several recent analyst reports. Barclays raised their target price on shares of Wyndham Hotels & Resorts from $116.00 to $121.00 and gave the stock an “overweight” rating in a report on Friday, February 14th. Wells Fargo & Company raised their target price on shares of Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the stock an “overweight” rating in a report on Friday, February 14th. Oppenheimer raised their target price on shares of Wyndham Hotels & Resorts from $90.00 to $115.00 and gave the stock an “outperform” rating in a report on Tuesday, November 12th. Robert W. Baird increased their price target on shares of Wyndham Hotels & Resorts from $108.00 to $115.00 and gave the stock an “outperform” rating in a research report on Tuesday. Finally, Jefferies Financial Group increased their price target on shares of Wyndham Hotels & Resorts from $107.00 to $120.00 and gave the stock a “buy” rating in a research report on Thursday, January 2nd. Two research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat, Wyndham Hotels & Resorts currently has an average rating of “Moderate Buy” and a consensus target price of $113.80.
Check Out Our Latest Research Report on Wyndham Hotels & Resorts
About Wyndham Hotels & Resorts
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.
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