LRT Capital Management LLC increased its stake in shares of Wyndham Hotels & Resorts (NYSE:WH – Free Report) by 192.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,610 shares of the company’s stock after acquiring an additional 6,983 shares during the quarter. LRT Capital Management LLC’s holdings in Wyndham Hotels & Resorts were worth $802,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds have also bought and sold shares of the company. EverSource Wealth Advisors LLC grew its position in Wyndham Hotels & Resorts by 73.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 314 shares of the company’s stock worth $25,000 after acquiring an additional 133 shares during the last quarter. Los Angeles Capital Management LLC bought a new stake in shares of Wyndham Hotels & Resorts in the 4th quarter worth approximately $27,000. Geneos Wealth Management Inc. grew its position in shares of Wyndham Hotels & Resorts by 49.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 376 shares of the company’s stock worth $34,000 after buying an additional 124 shares during the last quarter. Smartleaf Asset Management LLC grew its position in shares of Wyndham Hotels & Resorts by 181.3% in the 3rd quarter. Smartleaf Asset Management LLC now owns 495 shares of the company’s stock worth $40,000 after buying an additional 319 shares during the last quarter. Finally, Jones Financial Companies Lllp grew its position in shares of Wyndham Hotels & Resorts by 42.6% in the 3rd quarter. Jones Financial Companies Lllp now owns 636 shares of the company’s stock worth $52,000 after buying an additional 190 shares during the last quarter. 93.46% of the stock is currently owned by institutional investors.
Wyndham Hotels & Resorts Trading Up 2.4%
NYSE WH opened at $79.30 on Friday. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 5.88. Wyndham Hotels & Resorts has a twelve month low of $69.21 and a twelve month high of $92.68. The firm has a market capitalization of $5.94 billion, a PE ratio of 31.85, a P/E/G ratio of 2.14 and a beta of 0.62. The stock’s 50 day moving average is $82.53 and its 200 day moving average is $79.23.
Wyndham Hotels & Resorts Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be given a dividend of $0.43 per share. The ex-dividend date is Monday, June 15th. This represents a $1.72 annualized dividend and a dividend yield of 2.2%. Wyndham Hotels & Resorts’s payout ratio is currently 69.08%.
Analyst Ratings Changes
A number of equities research analysts have recently weighed in on WH shares. Barclays lifted their price objective on Wyndham Hotels & Resorts from $98.00 to $104.00 and gave the stock an “overweight” rating in a research report on Thursday, April 16th. Weiss Ratings reiterated a “hold (c)” rating on shares of Wyndham Hotels & Resorts in a research report on Friday, April 10th. Truist Financial lifted their price objective on Wyndham Hotels & Resorts from $99.00 to $107.00 and gave the stock a “buy” rating in a research report on Thursday, March 26th. Wall Street Zen upgraded Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a research report on Saturday, April 25th. Finally, Mizuho lifted their price objective on Wyndham Hotels & Resorts from $97.00 to $108.00 and gave the stock an “outperform” rating in a research report on Friday, February 20th. Eight analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, Wyndham Hotels & Resorts has a consensus rating of “Moderate Buy” and an average price target of $96.27.
View Our Latest Stock Analysis on WH
Wyndham Hotels & Resorts Company Profile
Wyndham Hotels & Resorts, Inc (NYSE: WH) is a leading global hospitality company specializing in hotel franchising and management. Established in 2018 through the spin-off of Wyndham Hotel Group from Wyndham Worldwide, the company focuses on the development, marketing and distribution of hotel brands designed to meet the needs of business and leisure travelers. Its core business model centers on franchising agreements, enabling third-party hotel owners to operate under the Wyndham portfolio while accessing the company’s centralized services and support.
The company’s brand portfolio spans economy, midscale and upper-midscale segments, featuring well-known names such as Wyndham, Ramada, Days Inn, Super 8, Microtel Inn & Suites, and La Quinta by Wyndham.
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