Wyndham Hotels & Resorts, Inc. (NYSE:WH) Shares Purchased by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. increased its holdings in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 2.4% during the 1st quarter, Holdings Channel.com reports. The fund owned 664,658 shares of the company’s stock after buying an additional 15,481 shares during the period. Charles Schwab Investment Management Inc.’s holdings in Wyndham Hotels & Resorts were worth $45,097,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Rockefeller Capital Management L.P. raised its stake in Wyndham Hotels & Resorts by 139.3% during the fourth quarter. Rockefeller Capital Management L.P. now owns 438 shares of the company’s stock worth $31,000 after acquiring an additional 255 shares during the period. Money Concepts Capital Corp acquired a new stake in shares of Wyndham Hotels & Resorts in the fourth quarter valued at approximately $33,000. Point72 Hong Kong Ltd acquired a new stake in shares of Wyndham Hotels & Resorts in the second quarter valued at approximately $46,000. North Star Investment Management Corp. acquired a new stake in shares of Wyndham Hotels & Resorts in the first quarter valued at approximately $47,000. Finally, GW&K Investment Management LLC increased its stake in shares of Wyndham Hotels & Resorts by 22.5% in the fourth quarter. GW&K Investment Management LLC now owns 943 shares of the company’s stock valued at $67,000 after purchasing an additional 173 shares during the period. Institutional investors and hedge funds own 92.06% of the company’s stock.

Wyndham Hotels & Resorts Stock Down 1.7 %

WH stock opened at $74.92 on Friday. Wyndham Hotels & Resorts, Inc. has a 12-month low of $58.81 and a 12-month high of $81.00. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 2.30. The company has a market cap of $6.31 billion, a price-to-earnings ratio of 22.36, a PEG ratio of 15.26 and a beta of 1.39. The company has a 50 day moving average of $74.40 and a two-hundred day moving average of $71.14.

Wyndham Hotels & Resorts (NYSE:WH) last released its quarterly earnings results on Wednesday, July 26th. The company reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.92 by $0.01. The business had revenue of $362.00 million for the quarter, compared to the consensus estimate of $365.81 million. Wyndham Hotels & Resorts had a net margin of 20.76% and a return on equity of 34.12%. Wyndham Hotels & Resorts’s revenue for the quarter was down 6.2% on a year-over-year basis. During the same quarter last year, the firm earned $1.07 EPS. On average, equities analysts anticipate that Wyndham Hotels & Resorts, Inc. will post 3.99 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 27th. Investors of record on Wednesday, September 13th will be paid a $0.35 dividend. The ex-dividend date of this dividend is Tuesday, September 12th. This represents a $1.40 dividend on an annualized basis and a yield of 1.87%. Wyndham Hotels & Resorts’s payout ratio is presently 41.79%.

Analysts Set New Price Targets

WH has been the topic of several analyst reports. Morgan Stanley dropped their price target on shares of Wyndham Hotels & Resorts from $92.00 to $80.00 in a research note on Tuesday, June 27th. TheStreet upgraded shares of Wyndham Hotels & Resorts from a “c+” rating to a “b” rating in a report on Wednesday, July 26th. StockNews.com began coverage on shares of Wyndham Hotels & Resorts in a report on Thursday, August 17th. They set a “hold” rating for the company. Finally, Truist Financial reduced their target price on shares of Wyndham Hotels & Resorts from $96.00 to $95.00 and set a “buy” rating for the company in a report on Thursday, July 20th. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, Wyndham Hotels & Resorts presently has a consensus rating of “Moderate Buy” and a consensus price target of $85.57.

Wyndham Hotels & Resorts Profile

Wyndham Hotels & Resorts, Inc operates as a hotel franchisor worldwide. It operates through Hotel Franchising and Hotel Management segments. The Hotel Franchising segment licenses its lodging brands and provides related services to third-party hotel owners and others. The Hotel Management segment provides hotel management services for full-service hotels.