Allspring Global Investments Holdings LLC Increases Stock Holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Allspring Global Investments Holdings LLC increased its position in Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 71.9% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 84,468 shares of the company’s stock after buying an additional 35,329 shares during the period. Allspring Global Investments Holdings LLC owned about 0.11% of Wyndham Hotels & Resorts worth $8,430,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of WH. Equitable Trust Co. grew its stake in Wyndham Hotels & Resorts by 1.5% during the fourth quarter. Equitable Trust Co. now owns 9,295 shares of the company’s stock valued at $937,000 after acquiring an additional 135 shares in the last quarter. M&T Bank Corp lifted its position in shares of Wyndham Hotels & Resorts by 4.2% in the third quarter. M&T Bank Corp now owns 3,415 shares of the company’s stock worth $267,000 after buying an additional 138 shares in the last quarter. Crossmark Global Holdings Inc. increased its position in Wyndham Hotels & Resorts by 2.7% in the third quarter. Crossmark Global Holdings Inc. now owns 5,674 shares of the company’s stock worth $443,000 after purchasing an additional 147 shares during the last quarter. UMB Bank n.a. boosted its position in shares of Wyndham Hotels & Resorts by 72.7% during the fourth quarter. UMB Bank n.a. now owns 399 shares of the company’s stock valued at $40,000 after buying an additional 168 shares during the period. Finally, Empowered Funds LLC increased its stake in Wyndham Hotels & Resorts by 2.2% in the fourth quarter. Empowered Funds LLC now owns 7,846 shares of the company’s stock worth $791,000 after purchasing an additional 169 shares during the period. Institutional investors own 93.46% of the company’s stock.

Wyndham Hotels & Resorts Stock Up 2.0 %

WH stock opened at $111.48 on Wednesday. Wyndham Hotels & Resorts, Inc. has a 52 week low of $67.67 and a 52 week high of $112.16. The stock has a market capitalization of $8.67 billion, a P/E ratio of 35.39, a P/E/G ratio of 2.14 and a beta of 1.29. The firm has a 50-day simple moving average of $103.66 and a 200-day simple moving average of $91.20. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 4.19.

Wyndham Hotels & Resorts (NYSE:WH) last released its quarterly 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 net margin of 18.29% and a return on equity of 51.79%. Equities analysts forecast that Wyndham Hotels & Resorts, Inc. will post 4.3 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on WH shares. Barclays boosted their target price on shares of Wyndham Hotels & Resorts from $116.00 to $121.00 and gave the company an “overweight” rating in a research note on Friday, February 14th. JPMorgan Chase & Co. boosted their price objective on shares of Wyndham Hotels & Resorts from $99.00 to $113.00 and gave the company an “overweight” rating in a research report on Friday, December 13th. Jefferies Financial Group upped their target price on shares of Wyndham Hotels & Resorts from $107.00 to $120.00 and gave the stock a “buy” rating in a research note on Thursday, January 2nd. Robert W. Baird lifted their price target on shares of Wyndham Hotels & Resorts from $108.00 to $115.00 and gave the company an “outperform” rating in a research note on Tuesday. Finally, StockNews.com upgraded Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a report on Friday, November 1st. Two equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $112.10.

Wyndham Hotels & Resorts Profile

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.