Brooklyn FI LLC Takes $202,000 Position in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Brooklyn FI LLC bought a new stake in Wyndham Hotels & Resorts, Inc. (NYSE:WH) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 2,176 shares of the company’s stock, valued at approximately $202,000.

A number of other hedge funds also recently modified their holdings of WH. Trust Co. of Vermont boosted its stake in shares of Wyndham Hotels & Resorts by 434.8% during the 4th quarter. Trust Co. of Vermont now owns 246 shares of the company’s stock valued at $25,000 after buying an additional 200 shares during the period. Smartleaf Asset Management LLC boosted its stake in shares of Wyndham Hotels & Resorts by 46.0% during 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 period. Assetmark Inc. acquired a new stake in shares of Wyndham Hotels & Resorts during the 3rd quarter valued at $30,000. UMB Bank n.a. boosted its stake in shares of Wyndham Hotels & Resorts by 72.7% during the 4th quarter. UMB Bank n.a. now owns 399 shares of the company’s stock valued at $40,000 after buying an additional 168 shares during the period. Finally, Nomura Asset Management Co. Ltd. boosted its stake in shares of Wyndham Hotels & Resorts by 86.4% during the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 410 shares of the company’s stock valued at $32,000 after buying an additional 190 shares during the period. Hedge funds and other institutional investors own 93.46% of the company’s stock.

Wall Street Analyst Weigh In

WH has been the subject of a number of research reports. Jefferies Financial Group lifted their target price on shares of Wyndham Hotels & Resorts from $107.00 to $120.00 and gave the company a “buy” rating in a research note on Thursday, January 2nd. JPMorgan Chase & Co. boosted their target price on shares of Wyndham Hotels & Resorts from $99.00 to $113.00 and gave the stock an “overweight” rating in a research report on Friday, December 13th. Wells Fargo & Company boosted their target price on shares of Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the stock an “overweight” rating in a research report on Friday, February 14th. Stifel Nicolaus boosted their target price on shares of Wyndham Hotels & Resorts from $113.00 to $121.00 and gave the stock a “buy” rating in a research report on Thursday, February 13th. Finally, Barclays boosted their target price on shares of Wyndham Hotels & Resorts from $116.00 to $121.00 and gave the stock an “overweight” rating in a research report on Friday, February 14th. Two research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat.com, Wyndham Hotels & Resorts currently has an average rating of “Moderate Buy” and a consensus price target of $116.45.

Wyndham Hotels & Resorts Price Performance

Shares of Wyndham Hotels & Resorts stock opened at $91.13 on Thursday. The firm has a fifty day moving average price of $103.27 and a two-hundred day moving average price of $94.79. Wyndham Hotels & Resorts, Inc. has a fifty-two week low of $67.67 and a fifty-two week high of $113.07. The company has a debt-to-equity ratio of 3.72, a current ratio of 1.00 and a quick ratio of 1.00. The company has a market cap of $7.09 billion, a PE ratio of 25.11, a price-to-earnings-growth ratio of 1.87 and a beta of 1.28.

Wyndham Hotels & Resorts (NYSE:WH) last announced its quarterly earnings data on Wednesday, February 12th. The company reported $1.04 EPS for the quarter, beating 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%. 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 disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 17th will be given a dividend of $0.41 per share. The ex-dividend date is Monday, March 17th. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.80%. This is a positive change from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.38. Wyndham Hotels & Resorts’s dividend payout ratio is currently 45.18%.

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.