Checchi Capital Advisers LLC Invests $206,000 in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Checchi Capital Advisers LLC acquired a new stake in Wyndham Hotels & Resorts, Inc. (NYSE:WH) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 2,039 shares of the company’s stock, valued at approximately $206,000.

A number of other institutional investors also recently added to or reduced their stakes in WH. CIBC Asset Management Inc purchased a new stake in shares of Wyndham Hotels & Resorts in the fourth quarter valued at approximately $248,000. Stifel Financial Corp lifted its holdings in Wyndham Hotels & Resorts by 91.9% in the third quarter. Stifel Financial Corp now owns 30,665 shares of the company’s stock valued at $2,396,000 after acquiring an additional 14,688 shares during the period. Thrivent Financial for Lutherans boosted its position in shares of Wyndham Hotels & Resorts by 40.8% during the 3rd quarter. Thrivent Financial for Lutherans now owns 1,747,295 shares of the company’s stock worth $136,533,000 after purchasing an additional 506,593 shares in the last quarter. Natixis Advisors LLC boosted its position in shares of Wyndham Hotels & Resorts by 37.7% during the 3rd quarter. Natixis Advisors LLC now owns 34,537 shares of the company’s stock worth $2,699,000 after purchasing an additional 9,463 shares in the last quarter. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new position in shares of Wyndham Hotels & Resorts in the 4th quarter valued at about $18,764,000. Hedge funds and other institutional investors own 93.46% of the company’s stock.

Analysts Set New Price Targets

WH has been the topic of a number of research analyst reports. 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 report on Tuesday, November 12th. Truist Financial boosted their price target on Wyndham Hotels & Resorts from $105.00 to $122.00 and gave the stock a “buy” rating in a research note on Wednesday, February 19th. Robert W. Baird raised their price objective on Wyndham Hotels & Resorts from $108.00 to $115.00 and gave the company an “outperform” rating in a research note on Tuesday, February 18th. Susquehanna lifted their price objective on Wyndham Hotels & Resorts from $80.00 to $110.00 and gave the stock a “neutral” rating in a report on Tuesday. Finally, Wells Fargo & Company upped their target price on Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the company an “overweight” rating in a report on Friday, February 14th. Two analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $116.80.

Wyndham Hotels & Resorts Stock Performance

Wyndham Hotels & Resorts stock opened at $108.00 on Friday. 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 fifty-two week low of $67.67 and a fifty-two week high of $113.07. The stock has a fifty day moving average of $104.55 and a two-hundred day moving average of $92.67. The company has a market capitalization of $8.40 billion, a price-to-earnings ratio of 29.75, a PEG ratio of 1.87 and a beta of 1.29.

Wyndham Hotels & Resorts (NYSE:WH) last announced its earnings results on Wednesday, February 12th. The company reported $1.04 earnings per share for the quarter, beating 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, analysts anticipate that Wyndham Hotels & Resorts, Inc. will post 4.79 EPS for the current fiscal year.

About Wyndham Hotels & Resorts

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.