Louisiana State Employees Retirement System Trims Stake in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Louisiana State Employees Retirement System reduced its position in Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 1.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 21,600 shares of the company’s stock after selling 300 shares during the quarter. Louisiana State Employees Retirement System’s holdings in Wyndham Hotels & Resorts were worth $2,177,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Thrivent Financial for Lutherans grew its stake in Wyndham Hotels & Resorts by 40.8% in the 3rd quarter. Thrivent Financial for Lutherans now owns 1,747,295 shares of the company’s stock worth $136,533,000 after acquiring an additional 506,593 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in Wyndham Hotels & Resorts by 1.0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 722,082 shares of the company’s stock worth $56,423,000 after acquiring an additional 7,241 shares in the last quarter. Janus Henderson Group PLC boosted its stake 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 valued at $49,116,000 after purchasing an additional 27,172 shares in the last quarter. Brown Brothers Harriman & Co. boosted its stake in shares of Wyndham Hotels & Resorts by 31.5% during the third quarter. Brown Brothers Harriman & Co. now owns 476,556 shares of the company’s stock valued at $37,238,000 after purchasing an additional 114,084 shares in the last quarter. Finally, Copeland Capital Management LLC boosted its stake in shares of Wyndham Hotels & Resorts by 2.5% during the fourth quarter. Copeland Capital Management LLC now owns 419,494 shares of the company’s stock valued at $42,281,000 after purchasing an additional 10,170 shares in the last quarter. 93.46% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have recently issued reports on WH. Robert W. Baird increased their price objective on shares of Wyndham Hotels & Resorts from $92.00 to $97.00 and gave the company an “outperform” rating in a research note on Friday, October 25th. The Goldman Sachs Group increased their price objective on shares of Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the company a “buy” rating in a research note on Tuesday, December 10th. Wells Fargo & Company increased their price objective on shares of Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the company an “overweight” rating in a research note on Friday. Oppenheimer increased their price objective on shares of Wyndham Hotels & Resorts from $90.00 to $115.00 and gave the company an “outperform” rating in a research note on Tuesday, November 12th. Finally, Barclays increased their price objective on shares of Wyndham Hotels & Resorts from $116.00 to $121.00 and gave the company an “overweight” rating in a research note on Friday. Two analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Wyndham Hotels & Resorts presently has a consensus rating of “Moderate Buy” and an average price target of $110.30.

Wyndham Hotels & Resorts Trading Up 2.0 %

NYSE WH opened at $109.47 on Friday. The company has a fifty day simple moving average of $103.29 and a two-hundred day simple moving average of $90.51. The stock has a market cap of $8.52 billion, a P/E ratio of 34.75, a P/E/G ratio of 2.14 and a beta of 1.29. Wyndham Hotels & Resorts, Inc. has a 12-month low of $67.67 and a 12-month high of $110.94. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 4.19.

Wyndham Hotels & Resorts (NYSE:WH) last posted its quarterly 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 net margin of 18.29% and a return on equity of 51.79%. On average, analysts forecast that Wyndham Hotels & Resorts, Inc. will post 4.3 earnings per share for the current year.

Wyndham Hotels & Resorts Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, December 27th. Shareholders of record on Friday, December 13th were issued a $0.38 dividend. The ex-dividend date was Friday, December 13th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.39%. Wyndham Hotels & Resorts’s dividend payout ratio is currently 48.25%.

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 following segments: Hotel Franchising, Hotel Management, and Corporate and Other. The Hotel Franchising segment focuses on licensing the company’s lodging brands and providing related services to third-party hotel owners and others.