Wyndham Hotels & Resorts, Inc. (NYSE:WH) Shares Purchased by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans boosted its holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 3.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,810,301 shares of the company’s stock after acquiring an additional 63,006 shares during the quarter. Thrivent Financial for Lutherans owned about 2.33% of Wyndham Hotels & Resorts worth $182,460,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of WH. Trust Co. of Vermont raised its holdings in shares of Wyndham Hotels & Resorts by 434.8% in the 4th quarter. Trust Co. of Vermont now owns 246 shares of the company’s stock worth $25,000 after purchasing an additional 200 shares in the last quarter. Proficio Capital Partners LLC acquired a new position in Wyndham Hotels & Resorts in the fourth quarter worth approximately $28,000. Assetmark Inc. acquired a new position in Wyndham Hotels & Resorts in the third quarter worth approximately $30,000. Nomura Asset Management Co. Ltd. increased its holdings in shares of Wyndham Hotels & Resorts by 86.4% in the third quarter. Nomura Asset Management Co. Ltd. now owns 410 shares of the company’s stock valued at $32,000 after buying an additional 190 shares in the last quarter. Finally, Smartleaf Asset Management LLC lifted its position in shares of Wyndham Hotels & Resorts by 46.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 343 shares of the company’s stock valued at $35,000 after acquiring an additional 108 shares during the last quarter. 93.46% of the stock is owned by institutional investors and hedge funds.

Wyndham Hotels & Resorts Trading Up 2.2 %

Shares of NYSE:WH opened at $92.00 on Tuesday. The firm has a fifty day moving average of $103.65 and a two-hundred day moving average of $94.74. 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, Inc. has a 12-month low of $67.67 and a 12-month high of $113.07. The firm has a market capitalization of $7.15 billion, a P/E ratio of 25.34, a price-to-earnings-growth ratio of 1.87 and a beta of 1.28.

Wyndham Hotels & Resorts (NYSE:WH) last released its quarterly earnings data 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 return on equity of 54.86% and a net margin of 20.51%. On average, equities analysts expect that Wyndham Hotels & Resorts, Inc. will post 4.79 EPS for the current fiscal year.

Wyndham Hotels & Resorts Increases Dividend

The company also recently disclosed 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. The ex-dividend date is Monday, March 17th. This represents a $1.64 dividend on an annualized basis and a yield of 1.78%. This is an increase from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.38. Wyndham Hotels & Resorts’s dividend payout ratio is currently 45.18%.

Wall Street Analyst Weigh In

WH has been the topic of a number of recent research reports. Robert W. Baird lifted their target price on Wyndham Hotels & Resorts from $108.00 to $115.00 and gave the stock an “outperform” rating in a report on Tuesday, February 18th. Stifel Nicolaus lifted their price target on Wyndham Hotels & Resorts from $113.00 to $121.00 and gave the stock a “buy” rating in a research note on Thursday, February 13th. Susquehanna upped their price objective on shares of Wyndham Hotels & Resorts from $80.00 to $110.00 and gave the company a “neutral” rating in a research note on Tuesday, February 25th. Jefferies Financial Group raised their target price on shares of Wyndham Hotels & Resorts from $107.00 to $120.00 and gave the stock a “buy” rating in a report on Thursday, January 2nd. Finally, Wells Fargo & Company boosted their price target on shares of Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the company an “overweight” rating in a report on Friday, February 14th. Two research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $116.45.

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 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.