UMB Bank n.a. increased its holdings in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH – Free Report) by 72.7% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 399 shares of the company’s stock after acquiring an additional 168 shares during the period. UMB Bank n.a.’s holdings in Wyndham Hotels & Resorts were worth $40,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Thrivent Financial for Lutherans grew its holdings in shares of Wyndham Hotels & Resorts by 40.8% in the 3rd quarter. Thrivent Financial for Lutherans now owns 1,747,295 shares of the company’s stock worth $136,533,000 after purchasing an additional 506,593 shares during the last quarter. TimesSquare Capital Management LLC raised its stake in shares of Wyndham Hotels & Resorts by 284,590.0% in the third quarter. TimesSquare Capital Management LLC now owns 284,690 shares of the company’s stock valued at $22,246,000 after acquiring an additional 284,590 shares during the last quarter. Copeland Capital Management LLC boosted its holdings in shares of Wyndham Hotels & Resorts by 133.1% in the 3rd quarter. Copeland Capital Management LLC now owns 409,324 shares of the company’s stock worth $31,985,000 after acquiring an additional 233,754 shares in the last quarter. Millennium Management LLC increased its holdings in Wyndham Hotels & Resorts by 12.6% during the 2nd quarter. Millennium Management LLC now owns 1,174,404 shares of the company’s stock valued at $86,906,000 after purchasing an additional 131,848 shares in the last quarter. Finally, Brown Brothers Harriman & Co. raised its position in Wyndham Hotels & Resorts by 31.5% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 476,556 shares of the company’s stock valued at $37,238,000 after purchasing an additional 114,084 shares during the last quarter. Institutional investors own 93.46% of the company’s stock.
Wyndham Hotels & Resorts Price Performance
NYSE WH opened at $104.86 on Friday. The company has a debt-to-equity ratio of 4.19, a quick ratio of 0.97 and a current ratio of 0.97. Wyndham Hotels & Resorts, Inc. has a 52-week low of $67.67 and a 52-week high of $106.16. The business has a 50 day simple moving average of $100.70 and a 200 day simple moving average of $87.27. The stock has a market cap of $8.16 billion, a price-to-earnings ratio of 33.29, a PEG ratio of 2.22 and a beta of 1.30.
Wyndham Hotels & Resorts Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Friday, December 27th. Shareholders of record on Friday, December 13th were given a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a yield of 1.45%. The ex-dividend date was Friday, December 13th. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is currently 48.25%.
Insider Activity
In other Wyndham Hotels & Resorts news, insider Scott R. Strickland sold 2,850 shares of the business’s stock in a transaction that occurred on Tuesday, November 5th. The stock was sold at an average price of $88.14, for a total transaction of $251,199.00. Following the transaction, the insider now owns 26,062 shares of the company’s stock, valued at $2,297,104.68. The trade was a 9.86 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 2.79% of the stock is owned by corporate insiders.
Analyst Ratings Changes
WH has been the subject of a number of research analyst reports. Oppenheimer boosted their target price on shares of Wyndham Hotels & Resorts from $90.00 to $115.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 12th. Stifel Nicolaus lifted their target price on Wyndham Hotels & Resorts from $92.00 to $107.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Jefferies Financial Group raised their price target on Wyndham Hotels & Resorts from $107.00 to $120.00 and gave the company a “buy” rating in a report on Thursday, January 2nd. Robert W. Baird raised their target price on shares of Wyndham Hotels & Resorts from $92.00 to $97.00 and gave the company an “outperform” rating in a research note on Friday, October 25th. Finally, Barclays boosted their price target on shares of Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the stock an “overweight” rating in a research note on Friday, December 13th. Two analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $108.10.
Read Our Latest Analysis on Wyndham Hotels & Resorts
About Wyndham Hotels & Resorts
Wyndham Hotels & Resorts, Inc engages in the franchise and operation of hotels under the Wyndham brand. It operates through the following segments: Hotel Franchising, Hotel Management, and Corporate and Other. The Hotel Franchising segment focuses on licensing the company’s lodging brands and providing related services to third-party hotel owners and others.
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