Charles Schwab Investment Management Inc. Increases Stock Holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Charles Schwab Investment Management Inc. lifted its position in Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 1.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 732,710 shares of the company’s stock after purchasing an additional 10,628 shares during the quarter. Charles Schwab Investment Management Inc. owned about 0.94% of Wyndham Hotels & Resorts worth $73,850,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the company. Smartleaf Asset Management LLC grew its holdings in shares of 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 purchasing an additional 108 shares during the period. Principal Securities Inc. lifted its position in Wyndham Hotels & Resorts by 1.0% in the fourth quarter. Principal Securities Inc. now owns 10,941 shares of the company’s stock valued at $1,103,000 after buying an additional 113 shares during the last quarter. Equitable Trust Co. lifted its position in Wyndham Hotels & Resorts by 1.5% in the fourth quarter. Equitable Trust Co. now owns 9,295 shares of the company’s stock valued at $937,000 after buying an additional 135 shares during the last quarter. M&T Bank Corp lifted its position in Wyndham Hotels & Resorts by 4.2% in the third quarter. M&T Bank Corp now owns 3,415 shares of the company’s stock valued at $267,000 after buying an additional 138 shares during the last quarter. Finally, Crossmark Global Holdings Inc. lifted 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 valued at $443,000 after buying an additional 147 shares during the last quarter. Hedge funds and other institutional investors own 93.46% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the stock. Wells Fargo & Company upped their target price on shares of Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the company an “overweight” rating in a research report on Friday, February 14th. The Goldman Sachs Group upped their target price on shares of Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the company a “buy” rating in a research report on Tuesday, December 10th. JPMorgan Chase & Co. upped their target price 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. Susquehanna upped their target price on shares of Wyndham Hotels & Resorts from $80.00 to $110.00 and gave the company a “neutral” rating in a research report on Tuesday, February 25th. Finally, Barclays upped 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 report on Friday, February 14th. Two investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $116.45.

Wyndham Hotels & Resorts Stock Down 2.4 %

Shares of NYSE:WH opened at $91.31 on Wednesday. The firm’s 50 day moving average price is $104.48 and its 200 day moving average price is $94.36. The stock has a market cap of $7.10 billion, a price-to-earnings ratio of 25.15, a price-to-earnings-growth ratio of 1.87 and a beta of 1.28. Wyndham Hotels & Resorts, Inc. has a fifty-two week low of $67.67 and a fifty-two week high of $113.07. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 3.72.

Wyndham Hotels & Resorts (NYSE:WH) last issued its earnings results on Wednesday, February 12th. The company reported $1.04 earnings per share for the quarter, beating the consensus estimate of $1.00 by $0.04. Wyndham Hotels & Resorts had a net margin of 20.51% and a return on equity of 54.86%. As a group, equities research analysts predict that Wyndham Hotels & Resorts, Inc. will post 4.79 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 17th will be issued a $0.41 dividend. This is a boost from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.38. The ex-dividend date of this dividend is Monday, March 17th. This represents a $1.64 annualized dividend and a yield of 1.80%. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is 45.18%.

Wyndham Hotels & Resorts 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.