Wyndham Hotels & Resorts, Inc. (NYSE:WH) Shares Bought by Renaissance Technologies LLC

Renaissance Technologies LLC increased its position in Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 103.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 50,100 shares of the company’s stock after acquiring an additional 25,500 shares during the period. Renaissance Technologies LLC owned approximately 0.06% of Wyndham Hotels & Resorts worth $5,050,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Norges Bank acquired a new position in shares of Wyndham Hotels & Resorts during the fourth quarter valued at $104,774,000. JPMorgan Chase & Co. grew its position in Wyndham Hotels & Resorts by 404.8% in the 4th quarter. JPMorgan Chase & Co. now owns 1,213,027 shares of the company’s stock valued at $122,261,000 after buying an additional 972,708 shares in the last quarter. TimesSquare Capital Management LLC increased its stake in Wyndham Hotels & Resorts by 74.8% during the 4th quarter. TimesSquare Capital Management LLC now owns 497,742 shares of the company’s stock valued at $50,167,000 after buying an additional 213,052 shares during the period. Boston Partners raised its position in shares of Wyndham Hotels & Resorts by 5.3% during the 4th quarter. Boston Partners now owns 3,853,527 shares of the company’s stock worth $388,462,000 after buying an additional 192,221 shares in the last quarter. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new stake in shares of Wyndham Hotels & Resorts in the 4th quarter worth approximately $18,764,000. 93.46% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research analysts recently commented on the stock. Truist Financial lowered their price objective on shares of Wyndham Hotels & Resorts from $122.00 to $119.00 and set a “buy” rating on the stock in a research note on Friday, March 21st. Jefferies Financial Group dropped their price objective on Wyndham Hotels & Resorts from $125.00 to $110.00 and set a “buy” rating on the stock in a research note on Wednesday, April 9th. Morgan Stanley raised their target price on Wyndham Hotels & Resorts from $107.00 to $113.00 and gave the company an “overweight” rating in a research note on Tuesday, March 4th. Redburn Atlantic upgraded shares of Wyndham Hotels & Resorts from a “neutral” rating to a “buy” rating and set a $115.00 price target on the stock in a research report on Monday, March 24th. Finally, Robert W. Baird raised their price objective on shares of Wyndham Hotels & Resorts from $108.00 to $115.00 and gave the company an “outperform” rating in a research report on Tuesday, February 18th. Two equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $114.67.

Wyndham Hotels & Resorts Trading Down 0.4 %

Wyndham Hotels & Resorts stock opened at $81.41 on Monday. Wyndham Hotels & Resorts, Inc. has a 52 week low of $67.67 and a 52 week high of $113.07. The company has a debt-to-equity ratio of 3.72, a quick ratio of 1.00 and a current ratio of 1.00. The firm has a market capitalization of $6.31 billion, a price-to-earnings ratio of 22.43, a P/E/G ratio of 1.87 and a beta of 1.11. The company has a 50 day moving average price of $94.60 and a 200 day moving average price of $96.11.

Wyndham Hotels & Resorts (NYSE:WH) last issued its earnings results on Wednesday, February 12th. The company reported $1.04 EPS for the quarter, topping the consensus estimate of $1.00 by $0.04. Wyndham Hotels & Resorts had a return on equity of 54.86% and a net margin of 20.51%. Research analysts forecast that Wyndham Hotels & Resorts, Inc. will post 4.79 EPS for the current year.

Wyndham Hotels & Resorts Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 17th were given a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.01%. This is a positive change from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.38. The ex-dividend date of this dividend was Monday, March 17th. Wyndham Hotels & Resorts’s dividend payout ratio is 45.18%.

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.