Wyndham Hotels & Resorts, Inc. (NYSE:WH) Shares Acquired by Teacher Retirement System of Texas

Teacher Retirement System of Texas boosted its holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 98.6% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 30,271 shares of the company’s stock after purchasing an additional 15,029 shares during the quarter. Teacher Retirement System of Texas’ holdings in Wyndham Hotels & Resorts were worth $3,051,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC grew its position 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 buying an additional 108 shares during the last quarter. Principal Securities Inc. grew its holdings in shares of Wyndham Hotels & Resorts by 1.0% during the fourth quarter. Principal Securities Inc. now owns 10,941 shares of the company’s stock worth $1,103,000 after purchasing an additional 113 shares during the last quarter. Equitable Trust Co. increased its position in shares of Wyndham Hotels & Resorts by 1.5% during the fourth quarter. Equitable Trust Co. now owns 9,295 shares of the company’s stock worth $937,000 after purchasing an additional 135 shares in the last quarter. M&T Bank Corp lifted its holdings in shares of Wyndham Hotels & Resorts by 4.2% in the 3rd quarter. M&T Bank Corp now owns 3,415 shares of the company’s stock valued at $267,000 after purchasing an additional 138 shares during the last quarter. Finally, UMB Bank n.a. boosted its position in shares of Wyndham Hotels & Resorts by 72.7% in the 4th quarter. UMB Bank n.a. now owns 399 shares of the company’s stock valued at $40,000 after purchasing an additional 168 shares during the period. 93.46% of the stock is currently owned by hedge funds and other institutional investors.

Wyndham Hotels & Resorts Trading Down 0.4 %

NYSE WH opened at $92.25 on Wednesday. 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 stock has a market capitalization of $7.17 billion, a P/E ratio of 25.41, a P/E/G ratio of 1.87 and a beta of 1.28. Wyndham Hotels & Resorts, Inc. has a 52-week low of $67.67 and a 52-week high of $113.07. The firm has a 50-day moving average price of $102.57 and a 200 day moving average price of $95.30.

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

Wyndham Hotels & Resorts Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders 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. This represents a $1.64 annualized dividend and a dividend yield of 1.78%. The ex-dividend date is Monday, March 17th. Wyndham Hotels & Resorts’s payout ratio is presently 45.18%.

Wall Street Analyst Weigh In

WH has been the topic of several research analyst reports. Susquehanna lifted their price target on Wyndham Hotels & Resorts from $80.00 to $110.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 25th. Barclays lifted their target price on shares of Wyndham Hotels & Resorts from $116.00 to $121.00 and gave the company an “overweight” rating in a report on Friday, February 14th. Wells Fargo & Company increased their price target on shares of Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the stock an “overweight” rating in a research note on Friday, February 14th. Redburn Atlantic upgraded shares of Wyndham Hotels & Resorts from a “neutral” rating to a “buy” rating and set a $115.00 price objective on the stock in a research note on Monday. Finally, Robert W. Baird upped their target price on shares of Wyndham Hotels & Resorts from $108.00 to $115.00 and gave the company an “outperform” rating in a report on Tuesday, February 18th. Two research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $116.08.

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.