HighTower Advisors LLC Acquires 367 Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH)

HighTower Advisors LLC increased its holdings in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 4.2% in the 4th quarter, HoldingsChannel.com reports. The firm owned 9,059 shares of the company’s stock after acquiring an additional 367 shares during the period. HighTower Advisors LLC’s holdings in Wyndham Hotels & Resorts were worth $913,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in WH. Trust Co. of Vermont grew its position in shares of Wyndham Hotels & Resorts by 434.8% during the fourth 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. Proficio Capital Partners LLC bought a new position in Wyndham Hotels & Resorts during the fourth quarter valued at approximately $28,000. Nomura Asset Management Co. Ltd. grew its holdings in 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 buying an additional 190 shares in the last quarter. Smartleaf Asset Management LLC increased its stake in Wyndham Hotels & Resorts by 46.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 343 shares of the company’s stock worth $35,000 after acquiring an additional 108 shares during the last quarter. Finally, UMB Bank n.a. raised its holdings in shares of Wyndham Hotels & Resorts by 72.7% during the 4th quarter. UMB Bank n.a. now owns 399 shares of the company’s stock worth $40,000 after acquiring an additional 168 shares in the last quarter. Institutional investors own 93.46% of the company’s stock.

Wyndham Hotels & Resorts Trading Up 0.2 %

WH opened at $92.17 on Friday. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 3.72. The firm has a market cap of $7.17 billion, a P/E ratio of 25.39, a P/E/G ratio of 1.87 and a beta of 1.28. Wyndham Hotels & Resorts, Inc. has a 52 week low of $67.67 and a 52 week high of $113.07. The business has a fifty day simple moving average of $102.17 and a 200-day simple moving average of $95.26.

Wyndham Hotels & Resorts (NYSE:WH) last posted its quarterly earnings data on Wednesday, February 12th. The company reported $1.04 earnings per share for the quarter, topping analysts’ consensus estimates 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 expect that Wyndham Hotels & Resorts, Inc. will post 4.79 earnings per share for the current year.

Wyndham Hotels & Resorts Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 17th will be issued a dividend of $0.41 per share. The ex-dividend date is Monday, March 17th. This represents a $1.64 dividend on an annualized basis and a yield of 1.78%. This is a boost from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.38. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is presently 45.18%.

Analysts Set New Price Targets

WH has been the subject of several research reports. Truist Financial lowered their price objective on shares of Wyndham Hotels & Resorts from $122.00 to $119.00 and set a “buy” rating for the company in a research report on Friday, March 21st. JPMorgan Chase & Co. increased their price target on shares of Wyndham Hotels & Resorts from $99.00 to $113.00 and gave the company an “overweight” rating in a report on Friday, December 13th. Stifel Nicolaus lifted their price target on Wyndham Hotels & Resorts from $113.00 to $121.00 and gave the stock a “buy” rating in a research report on Thursday, February 13th. Jefferies Financial Group upped their price objective 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. Finally, Redburn Atlantic upgraded Wyndham Hotels & Resorts from a “neutral” rating to a “buy” rating and set a $115.00 target price for the company in a report on Monday. Two analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Wyndham Hotels & Resorts presently has a consensus rating of “Moderate Buy” and an average target price of $116.08.

About Wyndham Hotels & Resorts

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.