74,984 Shares in Wyndham Hotels & Resorts, Inc. (NYSE:WH) Bought by Wealthfront Advisers LLC

Wealthfront Advisers LLC bought a new position in Wyndham Hotels & Resorts, Inc. (NYSE:WH) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 74,984 shares of the company’s stock, valued at approximately $7,558,000. Wealthfront Advisers LLC owned 0.10% of Wyndham Hotels & Resorts at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Trust Co. of Vermont lifted its position in Wyndham Hotels & Resorts by 434.8% during the 4th quarter. Trust Co. of Vermont now owns 246 shares of the company’s stock worth $25,000 after buying an additional 200 shares in the last quarter. Proficio Capital Partners LLC bought a new stake in shares of Wyndham Hotels & Resorts in the 4th quarter valued at about $28,000. Assetmark Inc. bought a new stake in shares of Wyndham Hotels & Resorts in the 3rd quarter valued at about $30,000. Nomura Asset Management Co. Ltd. raised its holdings in shares of Wyndham Hotels & Resorts by 86.4% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 410 shares of the company’s stock valued at $32,000 after purchasing an additional 190 shares during the period. Finally, Smartleaf Asset Management LLC raised its holdings in shares of Wyndham Hotels & Resorts by 46.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 343 shares of the company’s stock valued at $35,000 after purchasing an additional 108 shares during the period. 93.46% of the stock is owned by institutional investors and hedge funds.

Wyndham Hotels & Resorts Stock Performance

NYSE WH opened at $91.10 on Thursday. 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 firm has a market capitalization of $7.08 billion, a price-to-earnings ratio of 25.10, a P/E/G ratio of 1.87 and a beta of 1.28. The firm’s 50 day simple moving average is $104.29 and its 200 day simple moving average is $94.34. Wyndham Hotels & Resorts, Inc. has a 1 year low of $67.67 and a 1 year high of $113.07.

Wyndham Hotels & Resorts (NYSE:WH) last posted its quarterly earnings results on Wednesday, February 12th. The company reported $1.04 earnings per share (EPS) for the quarter, topping 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%. As a group, research analysts expect that Wyndham Hotels & Resorts, Inc. will post 4.79 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 17th will be given a dividend of $0.41 per share. This is a positive change from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.38. The ex-dividend date is Monday, March 17th. This represents a $1.64 annualized dividend and a dividend yield of 1.80%. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is currently 45.18%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on WH shares. JPMorgan Chase & Co. upped their target price on shares of Wyndham Hotels & Resorts from $99.00 to $113.00 and gave the company an “overweight” rating in a report on Friday, December 13th. Susquehanna increased their price target on shares of Wyndham Hotels & Resorts from $80.00 to $110.00 and gave the company a “neutral” rating in a report on Tuesday, February 25th. Stifel Nicolaus increased their price target on shares of Wyndham Hotels & Resorts from $113.00 to $121.00 and gave the company a “buy” rating in a report on Thursday, February 13th. Truist Financial increased their price target on shares of Wyndham Hotels & Resorts from $105.00 to $122.00 and gave the company a “buy” rating in a report on Wednesday, February 19th. Finally, Jefferies Financial Group increased their target price on shares of Wyndham Hotels & Resorts from $107.00 to $120.00 and gave the stock a “buy” rating in a research report on Thursday, January 2nd. Two equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. According to MarketBeat, Wyndham Hotels & Resorts presently has an average rating of “Moderate Buy” and a consensus price target of $116.45.

About Wyndham Hotels & Resorts

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.