Wyndham Hotels & Resorts, Inc. (NYSE:WH) Shares Bought by Boston Partners

Boston Partners grew its holdings in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 5.3% during the fourth quarter, Holdings Channel reports. The firm owned 3,853,527 shares of the company’s stock after acquiring an additional 192,221 shares during the quarter. Boston Partners’ holdings in Wyndham Hotels & Resorts were worth $388,462,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the company. Thrivent Financial for Lutherans grew its position in shares of Wyndham Hotels & Resorts by 3.6% during the fourth 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. Bank of New York Mellon Corp grew its position in shares of Wyndham Hotels & Resorts by 1.0% during the fourth quarter. Bank of New York Mellon Corp now owns 851,974 shares of the company’s stock worth $85,870,000 after acquiring an additional 8,129 shares during the last quarter. Charles Schwab Investment Management Inc. grew its position in shares of Wyndham Hotels & Resorts by 1.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 732,710 shares of the company’s stock worth $73,850,000 after acquiring an additional 10,628 shares during the last quarter. Janus Henderson Group PLC grew its position in shares of Wyndham Hotels & Resorts by 4.5% during the third quarter. Janus Henderson Group PLC now owns 628,521 shares of the company’s stock worth $49,116,000 after acquiring an additional 27,172 shares during the last quarter. Finally, TimesSquare Capital Management LLC grew its position in shares of Wyndham Hotels & Resorts by 74.8% during the fourth quarter. TimesSquare Capital Management LLC now owns 497,742 shares of the company’s stock worth $50,167,000 after acquiring an additional 213,052 shares during the last quarter. Institutional investors own 93.46% of the company’s stock.

Wyndham Hotels & Resorts Stock Performance

NYSE:WH opened at $92.00 on Tuesday. Wyndham Hotels & Resorts, Inc. has a twelve month low of $67.67 and a twelve 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 $103.65 and a 200-day moving average of $94.74. The firm has a market cap of $7.15 billion, a price-to-earnings ratio of 25.34, a price-to-earnings-growth ratio of 1.87 and a beta of 1.28.

Wyndham Hotels & Resorts (NYSE:WH) last posted its quarterly earnings data 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%. Analysts forecast that Wyndham Hotels & Resorts, Inc. will post 4.79 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Increases Dividend

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

Analysts Set New Price Targets

WH has been the subject of several recent research reports. Susquehanna upped their price target 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. Jefferies Financial Group upped their price target 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. Morgan Stanley increased their target price on shares of Wyndham Hotels & Resorts from $107.00 to $113.00 and gave the company an “overweight” rating in a research report on Tuesday, March 4th. Truist Financial increased their target price on shares of Wyndham Hotels & Resorts from $105.00 to $122.00 and gave the company a “buy” rating in a research report on Wednesday, February 19th. Finally, The Goldman Sachs Group increased their target price on shares of Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the company a “buy” rating in a research report on Tuesday, December 10th. Two analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $116.45.

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.