Gotham Asset Management LLC Acquires 3,041 Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Gotham Asset Management LLC boosted its holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 2.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 149,422 shares of the company’s stock after acquiring an additional 3,041 shares during the quarter. Gotham Asset Management LLC owned 0.19% of Wyndham Hotels & Resorts worth $15,060,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Boston Partners lifted its holdings in shares of Wyndham Hotels & Resorts by 5.3% in the fourth quarter. Boston Partners now owns 3,853,527 shares of the company’s stock valued at $388,462,000 after purchasing an additional 192,221 shares in the last quarter. Thrivent Financial for Lutherans boosted its holdings in Wyndham Hotels & Resorts by 3.6% during the 4th quarter. Thrivent Financial for Lutherans now owns 1,810,301 shares of the company’s stock worth $182,460,000 after acquiring an additional 63,006 shares during the last quarter. T. Rowe Price Investment Management Inc. boosted its holdings in Wyndham Hotels & Resorts by 6.1% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 1,419,168 shares of the company’s stock worth $143,038,000 after acquiring an additional 81,730 shares during the last quarter. Bessemer Group Inc. grew its stake in shares of Wyndham Hotels & Resorts by 24,953.8% in the 4th quarter. Bessemer Group Inc. now owns 1,333,615 shares of the company’s stock worth $134,414,000 after acquiring an additional 1,328,292 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in shares of Wyndham Hotels & Resorts by 2.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,309,177 shares of the company’s stock valued at $131,952,000 after purchasing an additional 29,220 shares during the last quarter. Institutional investors and hedge funds own 93.46% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Susquehanna upped 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 report on Tuesday, February 25th. The Goldman Sachs Group reduced their target price on Wyndham Hotels & Resorts from $124.00 to $108.00 and set a “buy” rating for the company in a report on Monday, April 14th. Redburn Atlantic upgraded Wyndham Hotels & Resorts from a “neutral” rating to a “buy” rating and set a $115.00 price target on the stock in a report on Monday, March 24th. Morgan Stanley reduced their price objective on Wyndham Hotels & Resorts from $102.00 to $94.00 and set an “overweight” rating for the company in a research note on Tuesday, April 22nd. Finally, Jefferies Financial Group decreased their target price on Wyndham Hotels & Resorts from $125.00 to $110.00 and set a “buy” rating for the company in a research report on Wednesday, April 9th. Two investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $108.48.

Wyndham Hotels & Resorts Stock Up 0.3 %

WH opened at $84.51 on Friday. The company has a market cap of $6.51 billion, a PE ratio of 23.28, a price-to-earnings-growth ratio of 1.87 and a beta of 1.08. Wyndham Hotels & Resorts, Inc. has a 12 month low of $67.67 and a 12 month high of $113.07. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 3.72. The company has a 50 day moving average of $87.30 and a 200 day moving average of $96.35.

Wyndham Hotels & Resorts (NYSE:WH) last announced its quarterly earnings results on Wednesday, April 30th. The company reported $0.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.82 by $0.04. The firm had revenue of $316.00 million for the quarter, compared to the consensus estimate of $320.10 million. Wyndham Hotels & Resorts had a net margin of 20.51% and a return on equity of 54.86%. The company’s revenue for the quarter was up 3.6% on a year-over-year basis. During the same period in the prior year, the firm posted $0.78 earnings per share. On average, sell-side analysts expect that Wyndham Hotels & Resorts, Inc. will post 4.79 EPS for the current year.

Wyndham Hotels & Resorts Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 17th were given a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.94%. The ex-dividend date was Monday, March 17th. This is an increase from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.38. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is 38.86%.

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.