Zurcher Kantonalbank Zurich Cantonalbank Purchases 3,935 Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 24.3% during the fourth quarter, HoldingsChannel.com reports. The firm owned 20,156 shares of the company’s stock after buying an additional 3,935 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Wyndham Hotels & Resorts were worth $2,032,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Thrivent Financial for Lutherans increased its position in shares of Wyndham Hotels & Resorts by 40.8% during the third quarter. Thrivent Financial for Lutherans now owns 1,747,295 shares of the company’s stock valued at $136,533,000 after purchasing an additional 506,593 shares during the period. Bank of New York Mellon Corp grew its position in Wyndham Hotels & Resorts by 1.0% in the fourth quarter. Bank of New York Mellon Corp now owns 851,974 shares of the company’s stock valued at $85,870,000 after acquiring an additional 8,129 shares during the period. Charles Schwab Investment Management Inc. grew its position in Wyndham Hotels & Resorts by 1.5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 732,710 shares of the company’s stock valued at $73,850,000 after acquiring an additional 10,628 shares during the period. Janus Henderson Group PLC grew its position in Wyndham Hotels & Resorts by 4.5% in the third quarter. Janus Henderson Group PLC now owns 628,521 shares of the company’s stock valued at $49,116,000 after acquiring an additional 27,172 shares during the period. Finally, TimesSquare Capital Management LLC grew its position in Wyndham Hotels & Resorts by 74.8% in the fourth quarter. TimesSquare Capital Management LLC now owns 497,742 shares of the company’s stock valued at $50,167,000 after acquiring an additional 213,052 shares during the period. 93.46% of the stock is currently owned by institutional investors.

Wyndham Hotels & Resorts Trading Up 2.5 %

Shares of WH opened at $89.95 on Monday. 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 $113.07. The firm has a market capitalization of $6.99 billion, a PE ratio of 24.78, a price-to-earnings-growth ratio of 1.87 and a beta of 1.28. The stock’s fifty day simple moving average is $103.82 and its 200-day simple moving average is $94.63.

Wyndham Hotels & Resorts (NYSE:WH) last issued its quarterly earnings results on Wednesday, February 12th. The company reported $1.04 earnings per share (EPS) for the quarter, beating 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%. As a group, research analysts predict that Wyndham Hotels & Resorts, Inc. will post 4.79 earnings per share for the current year.

Wyndham Hotels & Resorts Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 17th will be paid a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a dividend yield of 1.82%. The ex-dividend date is Monday, March 17th. This is a positive change from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.38. Wyndham Hotels & Resorts’s dividend payout ratio is 45.18%.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on WH. Susquehanna upped their price target on Wyndham Hotels & Resorts from $80.00 to $110.00 and gave the company a “neutral” rating in a research report on Tuesday, February 25th. The Goldman Sachs Group upped their price target on Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the company a “buy” rating in a research report on Tuesday, December 10th. Jefferies Financial Group upped their price target on Wyndham Hotels & Resorts from $107.00 to $120.00 and gave the company a “buy” rating in a research report on Thursday, January 2nd. Barclays boosted their price objective on Wyndham Hotels & Resorts from $116.00 to $121.00 and gave the stock an “overweight” rating in a research note on Friday, February 14th. Finally, Stifel Nicolaus boosted their price objective 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. Two investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $116.45.

Wyndham Hotels & Resorts 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.