TCW Group Inc. Sells 44,976 Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH)

TCW Group Inc. lessened its position in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 25.6% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 130,573 shares of the company’s stock after selling 44,976 shares during the quarter. TCW Group Inc. owned approximately 0.17% of Wyndham Hotels & Resorts worth $13,160,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Stifel Financial Corp increased its position in shares of Wyndham Hotels & Resorts by 91.9% during the third quarter. Stifel Financial Corp now owns 30,665 shares of the company’s stock worth $2,396,000 after buying an additional 14,688 shares during the period. Thrivent Financial for Lutherans grew its holdings in Wyndham Hotels & Resorts by 40.8% during 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 during the period. Natixis Advisors LLC grew its holdings in Wyndham Hotels & Resorts by 37.7% during the 3rd quarter. Natixis Advisors LLC now owns 34,537 shares of the company’s stock worth $2,699,000 after acquiring an additional 9,463 shares during the period. The Manufacturers Life Insurance Company lifted its stake in shares of Wyndham Hotels & Resorts by 15.0% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 64,329 shares of the company’s stock valued at $5,027,000 after purchasing an additional 8,389 shares during the period. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new position in shares of Wyndham Hotels & Resorts in the 4th quarter valued at about $18,764,000. Institutional investors own 93.46% of the company’s stock.

Wyndham Hotels & Resorts Stock Performance

WH opened at $108.94 on Monday. Wyndham Hotels & Resorts, Inc. has a 1-year low of $67.67 and a 1-year high of $113.07. The company has a market cap of $8.47 billion, a price-to-earnings ratio of 30.01, a PEG ratio of 1.87 and a beta of 1.29. The company’s fifty day moving average price is $104.09 and its two-hundred day moving average price is $92.01. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 3.72.

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

Wall Street Analyst Weigh In

WH has been the subject of a number of research analyst reports. Jefferies Financial Group lifted their target price on Wyndham Hotels & Resorts from $107.00 to $120.00 and gave the stock a “buy” rating in a report on Thursday, January 2nd. Barclays lifted 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, February 14th. The Goldman Sachs Group increased their target price on shares of Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the stock a “buy” rating in a research note on Tuesday, December 10th. Oppenheimer raised their price target on shares of Wyndham Hotels & Resorts from $90.00 to $115.00 and gave the stock an “outperform” rating in a report on Tuesday, November 12th. Finally, Truist Financial upped their price objective on shares of Wyndham Hotels & Resorts from $105.00 to $122.00 and gave the company a “buy” rating in a report on Wednesday, February 19th. Two research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $113.80.

Wyndham Hotels & Resorts 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.