First Trust Advisors LP Makes New $922,000 Investment in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

First Trust Advisors LP purchased a new position in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 9,144 shares of the company’s stock, valued at approximately $922,000.

Several other institutional investors and hedge funds also recently made changes to their positions in WH. Boston Partners lifted its stake in shares of Wyndham Hotels & Resorts by 5.3% in the 4th quarter. Boston Partners now owns 3,853,527 shares of the company’s stock valued at $388,462,000 after acquiring an additional 192,221 shares during the last quarter. Thrivent Financial for Lutherans boosted its stake 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 valued at $182,460,000 after purchasing an additional 63,006 shares during the period. Bessemer Group Inc. grew its holdings in shares of Wyndham Hotels & Resorts by 24,953.8% in the fourth quarter. Bessemer Group Inc. now owns 1,333,615 shares of the company’s stock worth $134,414,000 after purchasing an additional 1,328,292 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in Wyndham Hotels & Resorts by 2.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,309,177 shares of the company’s stock valued at $131,952,000 after buying an additional 29,220 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in Wyndham Hotels & Resorts by 404.8% during 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 during the last quarter. Institutional investors own 93.46% of the company’s stock.

Wyndham Hotels & Resorts Stock Up 1.2 %

WH stock opened at $84.33 on Friday. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 3.72. The business has a 50 day moving average of $87.70 and a 200 day moving average of $96.24. Wyndham Hotels & Resorts, Inc. has a twelve month low of $67.67 and a twelve month high of $113.07. The firm has a market cap of $6.53 billion, a PE ratio of 23.23, a price-to-earnings-growth ratio of 1.87 and a beta of 1.08.

Wyndham Hotels & Resorts (NYSE:WH) last announced its quarterly earnings results on Wednesday, April 30th. The company reported $0.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.82 by $0.04. The company had revenue of $316.00 million for the quarter, compared to analysts’ expectations of $320.10 million. Wyndham Hotels & Resorts had a net margin of 20.51% and a return on equity of 54.86%. Wyndham Hotels & Resorts’s revenue was up 3.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.78 EPS. On average, research analysts forecast that Wyndham Hotels & Resorts, Inc. will post 4.79 EPS for the current fiscal year.

Wyndham Hotels & Resorts Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 17th were given a $0.41 dividend. The ex-dividend date of this dividend was Monday, March 17th. This is a boost from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.38. This represents a $1.64 annualized dividend and a yield of 1.94%. Wyndham Hotels & Resorts’s dividend payout ratio is 38.86%.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on WH shares. Robert W. Baird decreased their price objective on shares of Wyndham Hotels & Resorts from $107.00 to $99.00 and set an “outperform” rating on the stock in a research report on Tuesday. Truist Financial reduced their price target on Wyndham Hotels & Resorts from $122.00 to $119.00 and set a “buy” rating on the stock in a report on Friday, March 21st. Stifel Nicolaus dropped their price objective on Wyndham Hotels & Resorts from $121.00 to $102.75 and set a “buy” rating for the company in a report on Thursday, May 1st. Susquehanna boosted their target price on Wyndham Hotels & Resorts from $80.00 to $110.00 and gave the company a “neutral” rating in a research note on Tuesday, February 25th. Finally, Barclays dropped their price target on Wyndham Hotels & Resorts from $121.00 to $100.00 and set an “overweight” rating for the company in a research note on Tuesday, April 22nd. Two research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $108.48.

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.