Wyndham Hotels & Resorts, Inc. (NYSE:WH) Shares Acquired by Boston Partners

Boston Partners increased its position in Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 5.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,853,527 shares of the company’s stock after buying an additional 192,221 shares during the period. Boston Partners owned about 4.95% of Wyndham Hotels & Resorts worth $388,462,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. Thrivent Financial for Lutherans raised its position in shares of Wyndham Hotels & Resorts by 3.6% in the fourth quarter. Thrivent Financial for Lutherans now owns 1,810,301 shares of the company’s stock valued at $182,460,000 after buying an additional 63,006 shares during the last quarter. Bank of New York Mellon Corp raised its position in shares of 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 buying an additional 8,129 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of 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 buying an additional 10,628 shares during the last quarter. Janus Henderson Group PLC raised its position in shares of 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 buying an additional 27,172 shares during the last quarter. Finally, TimesSquare Capital Management LLC grew its holdings 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 purchasing an additional 213,052 shares during the period. Institutional investors and hedge funds own 93.46% of the company’s stock.

Wall Street Analyst Weigh In

WH has been the subject of a number of recent analyst reports. Morgan Stanley boosted their target price on shares of Wyndham Hotels & Resorts from $107.00 to $113.00 and gave the company an “overweight” rating in a report on Tuesday, March 4th. Stifel Nicolaus boosted their target price on shares of Wyndham Hotels & Resorts from $113.00 to $121.00 and gave the company a “buy” rating in a report on Thursday, February 13th. Truist Financial boosted their target price on shares of Wyndham Hotels & Resorts from $105.00 to $122.00 and gave the company a “buy” rating in a report on Wednesday, February 19th. Susquehanna boosted their target price on shares of Wyndham Hotels & Resorts from $80.00 to $110.00 and gave the company a “neutral” rating in a report on Tuesday, February 25th. Finally, The Goldman Sachs Group boosted their target price on shares of Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the company a “buy” rating in a report on Tuesday, December 10th. Two investment analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $116.45.

Wyndham Hotels & Resorts Price Performance

WH opened at $92.00 on Tuesday. The company has a market cap of $7.15 billion, a P/E ratio of 25.34, a P/E/G ratio of 1.87 and a beta of 1.28. The company has a 50 day moving average of $103.65 and a two-hundred day moving average of $94.74. 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 52-week low of $67.67 and a 52-week high of $113.07.

Wyndham Hotels & Resorts (NYSE:WH) last announced its earnings results on Wednesday, February 12th. The company reported $1.04 earnings per share for the quarter, beating the consensus estimate of $1.00 by $0.04. Wyndham Hotels & Resorts had a net margin of 20.51% and a return on equity of 54.86%. On average, analysts expect 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 announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 17th will be paid a $0.41 dividend. The ex-dividend date of this dividend is Monday, March 17th. This is an increase from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.38. This represents a $1.64 annualized dividend and a dividend yield of 1.78%. Wyndham Hotels & Resorts’s dividend payout ratio is 45.18%.

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.