Capital International Sarl bought a new stake in Wyndham Hotels & Resorts (NYSE:WH – Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 12,355 shares of the company’s stock, valued at approximately $934,000.
Several other large investors also recently modified their holdings of WH. EverSource Wealth Advisors LLC increased its holdings in shares of Wyndham Hotels & Resorts by 73.5% in the second quarter. EverSource Wealth Advisors LLC now owns 314 shares of the company’s stock worth $25,000 after acquiring an additional 133 shares in the last quarter. Los Angeles Capital Management LLC bought a new stake in shares of Wyndham Hotels & Resorts in the fourth quarter worth about $27,000. Geneos Wealth Management Inc. increased its holdings in shares of Wyndham Hotels & Resorts by 49.2% in the first quarter. Geneos Wealth Management Inc. now owns 376 shares of the company’s stock worth $34,000 after acquiring an additional 124 shares in the last quarter. Smartleaf Asset Management LLC increased its holdings in shares of Wyndham Hotels & Resorts by 181.3% in the third quarter. Smartleaf Asset Management LLC now owns 495 shares of the company’s stock worth $40,000 after acquiring an additional 319 shares in the last quarter. Finally, Jones Financial Companies Lllp increased its holdings in shares of Wyndham Hotels & Resorts by 42.6% in the third quarter. Jones Financial Companies Lllp now owns 636 shares of the company’s stock worth $52,000 after acquiring an additional 190 shares in the last quarter. 93.46% of the stock is currently owned by institutional investors.
Wyndham Hotels & Resorts Stock Down 3.0%
NYSE:WH opened at $79.49 on Tuesday. The company has a debt-to-equity ratio of 5.88, a quick ratio of 0.98 and a current ratio of 0.98. The company has a market cap of $5.95 billion, a PE ratio of 31.92, a PEG ratio of 2.21 and a beta of 0.62. Wyndham Hotels & Resorts has a 52-week low of $69.21 and a 52-week high of $92.68. The stock has a 50-day simple moving average of $82.70 and a 200 day simple moving average of $79.07.
Wyndham Hotels & Resorts Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be issued a dividend of $0.43 per share. The ex-dividend date is Monday, June 15th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 2.2%. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is presently 69.08%.
Analyst Ratings Changes
Several equities research analysts have issued reports on the company. Weiss Ratings restated a “hold (c)” rating on shares of Wyndham Hotels & Resorts in a report on Friday, April 10th. Barclays increased their price target on Wyndham Hotels & Resorts from $98.00 to $104.00 and gave the stock an “overweight” rating in a report on Thursday, April 16th. Stifel Nicolaus set a $98.00 price target on Wyndham Hotels & Resorts in a report on Thursday, April 30th. Morgan Stanley increased their price target on Wyndham Hotels & Resorts from $87.00 to $89.00 and gave the stock an “overweight” rating in a report on Tuesday, May 12th. Finally, The Goldman Sachs Group reiterated a “neutral” rating and set a $87.00 price objective on shares of Wyndham Hotels & Resorts in a report on Friday, February 20th. Eight investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $96.27.
Get Our Latest Stock Analysis on WH
About Wyndham Hotels & Resorts
Wyndham Hotels & Resorts, Inc (NYSE: WH) is a leading global hospitality company specializing in hotel franchising and management. Established in 2018 through the spin-off of Wyndham Hotel Group from Wyndham Worldwide, the company focuses on the development, marketing and distribution of hotel brands designed to meet the needs of business and leisure travelers. Its core business model centers on franchising agreements, enabling third-party hotel owners to operate under the Wyndham portfolio while accessing the company’s centralized services and support.
The company’s brand portfolio spans economy, midscale and upper-midscale segments, featuring well-known names such as Wyndham, Ramada, Days Inn, Super 8, Microtel Inn & Suites, and La Quinta by Wyndham.
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