76,319 Shares in Wyndham Hotels & Resorts, Inc. (NYSE:WH) Acquired by Walleye Capital LLC

Walleye Capital LLC purchased a new position in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) during the fourth quarter, HoldingsChannel reports. The institutional investor purchased 76,319 shares of the company’s stock, valued at approximately $7,692,000.

Several other hedge funds have also made changes to their positions in WH. Trust Co. of Vermont increased its position in Wyndham Hotels & Resorts by 434.8% during the fourth quarter. Trust Co. of Vermont now owns 246 shares of the company’s stock worth $25,000 after purchasing an additional 200 shares during the last quarter. Proficio Capital Partners LLC acquired a new stake in shares of Wyndham Hotels & Resorts during the 4th quarter worth $28,000. Mitsubishi UFJ Asset Management Co. Ltd. raised its position in shares of Wyndham Hotels & Resorts by 508.7% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 280 shares of the company’s stock worth $28,000 after buying an additional 234 shares during the period. Smartleaf Asset Management LLC boosted its holdings in Wyndham Hotels & Resorts by 46.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 343 shares of the company’s stock valued at $35,000 after acquiring an additional 108 shares during the last quarter. Finally, UMB Bank n.a. boosted its holdings in Wyndham Hotels & Resorts by 72.7% in the fourth quarter. UMB Bank n.a. now owns 399 shares of the company’s stock valued at $40,000 after acquiring an additional 168 shares during the last quarter. Institutional investors and hedge funds own 93.46% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on WH shares. Barclays raised their price objective on Wyndham Hotels & Resorts from $116.00 to $121.00 and gave the stock an “overweight” rating in a report on Friday, February 14th. The Goldman Sachs Group cut their price target on shares of Wyndham Hotels & Resorts from $124.00 to $108.00 and set a “buy” rating on the stock in a report on Monday. Truist Financial decreased 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 note on Friday, March 21st. Jefferies Financial Group cut their target price on shares of 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. Finally, Morgan Stanley upped their price target on shares of Wyndham Hotels & Resorts from $107.00 to $113.00 and gave the stock an “overweight” rating in a research report on Tuesday, March 4th. Two analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $114.67.

Wyndham Hotels & Resorts Stock Down 1.1 %

Shares of NYSE WH opened at $83.42 on Wednesday. The company has a debt-to-equity ratio of 3.72, a quick ratio of 1.00 and a current ratio of 1.00. Wyndham Hotels & Resorts, Inc. has a 1 year low of $67.67 and a 1 year high of $113.07. The stock’s 50-day simple moving average is $96.18 and its 200-day simple moving average is $95.92. The firm has a market cap of $6.46 billion, a price-to-earnings ratio of 22.98, a PEG ratio of 1.87 and a beta of 1.11.

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

Wyndham Hotels & Resorts Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 17th were paid a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a yield of 1.97%. This is an increase from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.38. The ex-dividend date was Monday, March 17th. 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.