Wyndham Hotels & Resorts, Inc. (NYSE:WH) Shares Sold by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS cut its holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 1.3% during the fourth quarter, HoldingsChannel reports. The fund owned 17,180 shares of the company’s stock after selling 230 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Wyndham Hotels & Resorts were worth $1,732,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Mutual of America Capital Management LLC lifted its position in Wyndham Hotels & Resorts by 17.3% in the fourth quarter. Mutual of America Capital Management LLC now owns 173,952 shares of the company’s stock valued at $17,533,000 after buying an additional 25,702 shares during the last quarter. CIBC Asset Management Inc acquired a new position in shares of Wyndham Hotels & Resorts in the 4th quarter worth approximately $248,000. Stifel Financial Corp boosted its position in shares of Wyndham Hotels & Resorts by 91.9% during the 3rd quarter. Stifel Financial Corp now owns 30,665 shares of the company’s stock worth $2,396,000 after purchasing an additional 14,688 shares during the period. Proficio Capital Partners LLC acquired a new stake in Wyndham Hotels & Resorts in the 4th quarter valued at approximately $28,000. Finally, Bank of New York Mellon Corp raised its position in Wyndham Hotels & Resorts by 1.0% in the fourth quarter. Bank of New York Mellon Corp now owns 851,974 shares of the company’s stock valued at $85,870,000 after purchasing an additional 8,129 shares during the period. 93.46% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on WH shares. Wells Fargo & Company increased their target price on Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the stock an “overweight” rating in a research note on Friday, February 14th. Truist Financial lowered their price objective on Wyndham Hotels & Resorts from $122.00 to $119.00 and set a “buy” rating for the company in a research report on Friday, March 21st. Stifel Nicolaus increased their target price on shares of Wyndham Hotels & Resorts from $113.00 to $121.00 and gave the company a “buy” rating in a research report on Thursday, February 13th. Redburn Atlantic raised Wyndham Hotels & Resorts from a “neutral” rating to a “buy” rating and set a $115.00 target price for the company in a research report on Monday. Finally, JPMorgan Chase & Co. boosted their price objective on Wyndham Hotels & Resorts from $99.00 to $113.00 and gave the company an “overweight” rating in a research note on Friday, December 13th. Two investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $116.08.

Wyndham Hotels & Resorts Stock Performance

Shares of WH opened at $92.25 on Wednesday. The stock has a market capitalization of $7.17 billion, a P/E ratio of 25.41, a P/E/G ratio of 1.87 and a beta of 1.28. The company has a debt-to-equity ratio of 3.72, a quick ratio of 1.00 and a current ratio of 1.00. Wyndham Hotels & Resorts, Inc. has a 1 year low of $67.67 and a 1 year high of $113.07. The company’s fifty day moving average is $102.57 and its two-hundred day moving average is $95.30.

Wyndham Hotels & Resorts (NYSE:WH) last issued its quarterly earnings results on Wednesday, February 12th. The company reported $1.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders 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. This represents a $1.64 annualized dividend and a dividend yield of 1.78%. The ex-dividend date of this dividend is Monday, March 17th. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is currently 45.18%.

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.