Oregon Public Employees Retirement Fund Has $1.59 Million Stake in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Oregon Public Employees Retirement Fund reduced its holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 1.6% during the 4th quarter, Holdings Channel reports. The institutional investor owned 15,793 shares of the company’s stock after selling 264 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Wyndham Hotels & Resorts were worth $1,592,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. CIBC Asset Management Inc acquired a new stake in Wyndham Hotels & Resorts in the 4th quarter valued at $248,000. Stifel Financial Corp increased its stake in Wyndham Hotels & Resorts by 91.9% in the 3rd quarter. Stifel Financial Corp now owns 30,665 shares of the company’s stock valued at $2,396,000 after buying an additional 14,688 shares during the last quarter. Thrivent Financial for Lutherans increased its stake in 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 valued at $136,533,000 after buying an additional 506,593 shares during the last quarter. Natixis Advisors LLC increased its stake in Wyndham Hotels & Resorts by 37.7% in the 3rd quarter. Natixis Advisors LLC now owns 34,537 shares of the company’s stock valued at $2,699,000 after buying an additional 9,463 shares during the last quarter. Finally, TimesSquare Capital Management LLC increased its stake in Wyndham Hotels & Resorts by 74.8% in the 4th quarter. TimesSquare Capital Management LLC now owns 497,742 shares of the company’s stock valued at $50,167,000 after buying an additional 213,052 shares during the last quarter. 93.46% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on WH. JPMorgan Chase & Co. lifted their price target on shares of Wyndham Hotels & Resorts from $99.00 to $113.00 and gave the company an “overweight” rating in a research note on Friday, December 13th. Jefferies Financial Group boosted their price objective 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. Barclays boosted their price objective on shares of Wyndham Hotels & Resorts from $116.00 to $121.00 and gave the stock an “overweight” rating in a research note on Friday, February 14th. Susquehanna boosted their price objective on shares of Wyndham Hotels & Resorts from $80.00 to $110.00 and gave the stock a “neutral” rating in a research note on Tuesday. Finally, Oppenheimer boosted their price objective 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. Two research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $116.80.

Wyndham Hotels & Resorts Stock Performance

Shares of WH stock opened at $108.19 on Friday. The company has a market capitalization of $8.41 billion, a price-to-earnings ratio of 29.80, a PEG ratio of 1.87 and a beta of 1.29. The company has a debt-to-equity ratio of 3.72, a quick ratio of 1.00 and a current ratio of 1.00. The company has a 50-day simple moving average of $104.55 and a 200 day simple moving average of $92.67. Wyndham Hotels & Resorts, Inc. has a 52 week low of $67.67 and a 52 week high of $113.07.

Wyndham Hotels & Resorts (NYSE:WH) last announced its earnings results on Wednesday, February 12th. The company reported $1.04 EPS for the quarter, topping 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%. On average, sell-side analysts predict that Wyndham Hotels & Resorts, Inc. will post 4.79 earnings per share for the current year.

Wyndham Hotels & Resorts Company 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.