J. Goldman & Co LP Acquires New Holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

J. Goldman & Co LP acquired a new stake in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 37,379 shares of the company’s stock, valued at approximately $3,767,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Trust Co. of Vermont increased its stake in Wyndham Hotels & Resorts by 434.8% in the 4th quarter. Trust Co. of Vermont now owns 246 shares of the company’s stock worth $25,000 after purchasing an additional 200 shares in the last quarter. HB Wealth Management LLC purchased a new position in Wyndham Hotels & Resorts in the 4th quarter worth about $319,000. UMB Bank n.a. increased its stake in Wyndham Hotels & Resorts by 72.7% in the 4th quarter. UMB Bank n.a. now owns 399 shares of the company’s stock worth $40,000 after purchasing an additional 168 shares in the last quarter. MassMutual Private Wealth & Trust FSB increased its stake in Wyndham Hotels & Resorts by 372.5% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 671 shares of the company’s stock worth $68,000 after purchasing an additional 529 shares in the last quarter. Finally, Tributary Capital Management LLC increased its stake in Wyndham Hotels & Resorts by 46.6% in the 4th quarter. Tributary Capital Management LLC now owns 10,336 shares of the company’s stock worth $1,042,000 after purchasing an additional 3,284 shares in the last quarter. 93.46% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on WH. Barclays dropped their price target on Wyndham Hotels & Resorts from $121.00 to $100.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 22nd. Susquehanna lifted their price target on Wyndham Hotels & Resorts from $80.00 to $110.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 25th. Robert W. Baird lowered their target price on Wyndham Hotels & Resorts from $107.00 to $99.00 and set an “outperform” rating on the stock in a research note on Tuesday, May 6th. Redburn Atlantic raised Wyndham Hotels & Resorts from a “neutral” rating to a “buy” rating and set a $115.00 target price on the stock in a research note on Monday, March 24th. Finally, Jefferies Financial Group lowered their target price on Wyndham Hotels & Resorts from $125.00 to $110.00 and set a “buy” rating on the stock in a research note on Wednesday, April 9th. Two analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $108.48.

Wyndham Hotels & Resorts Price Performance

Shares of WH opened at $84.51 on Monday. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 3.72. Wyndham Hotels & Resorts, Inc. has a 1 year low of $67.67 and a 1 year high of $113.07. The stock has a market cap of $6.51 billion, a P/E ratio of 23.28, a price-to-earnings-growth ratio of 1.87 and a beta of 1.08. The stock’s 50-day moving average price is $87.30 and its two-hundred day moving average price is $96.40.

Wyndham Hotels & Resorts (NYSE:WH) last issued its earnings results on Wednesday, April 30th. The company reported $0.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.82 by $0.04. Wyndham Hotels & Resorts had a return on equity of 54.86% and a net margin of 20.51%. The firm had revenue of $316.00 million for the quarter, compared to analysts’ expectations of $320.10 million. During the same quarter last year, the business earned $0.78 earnings per share. The company’s revenue was up 3.6% compared to the same quarter last year. On average, equities 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 announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 17th were given a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a yield of 1.94%. The ex-dividend date was 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 (DPR) is currently 38.86%.

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 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.