Wellington Management Group LLP Has $484.58 Million Stock Holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Wellington Management Group LLP trimmed its position in Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 16.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,807,835 shares of the company’s stock after selling 977,319 shares during the quarter. Wellington Management Group LLP owned about 6.18% of Wyndham Hotels & Resorts worth $484,582,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Mutual of America Capital Management LLC lifted its position in Wyndham Hotels & Resorts by 17.3% during the 4th quarter. Mutual of America Capital Management LLC now owns 173,952 shares of the company’s stock worth $17,533,000 after acquiring an additional 25,702 shares during the last quarter. CIBC Asset Management Inc acquired a new position in shares of Wyndham Hotels & Resorts during the 4th quarter worth about $248,000. Stifel Financial Corp boosted its stake in Wyndham Hotels & Resorts by 91.9% during the 3rd quarter. Stifel Financial Corp now owns 30,665 shares of the company’s stock valued at $2,396,000 after purchasing an additional 14,688 shares during the period. Proficio Capital Partners LLC acquired a new stake in Wyndham Hotels & Resorts in the 4th quarter valued at approximately $28,000. Finally, Bank of New York Mellon Corp increased its position in Wyndham Hotels & Resorts by 1.0% in the 4th quarter. Bank of New York Mellon Corp now owns 851,974 shares of the company’s stock worth $85,870,000 after buying an additional 8,129 shares during the period. 93.46% of the stock is owned by institutional investors.

Wyndham Hotels & Resorts Price Performance

Shares of WH stock opened at $90.63 on Tuesday. The stock’s fifty day simple moving average is $101.64 and its 200 day simple moving average is $95.69. Wyndham Hotels & Resorts, Inc. has a one year low of $67.67 and a one year high of $113.07. The firm has a market cap of $7.05 billion, a price-to-earnings ratio of 24.97, a P/E/G ratio of 1.87 and a beta of 1.28. The company has a debt-to-equity ratio of 3.72, a current ratio of 1.00 and a quick ratio of 1.00.

Wyndham Hotels & Resorts (NYSE:WH) last issued its earnings results on Wednesday, February 12th. The company reported $1.04 EPS for the quarter, beating the consensus estimate 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 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 17th were issued a $0.41 dividend. This is an increase from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.38. This represents a $1.64 annualized dividend and a dividend yield of 1.81%. The ex-dividend date was Monday, March 17th. Wyndham Hotels & Resorts’s payout ratio is presently 45.18%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on WH. Morgan Stanley increased their price objective on Wyndham Hotels & Resorts from $107.00 to $113.00 and gave the company an “overweight” rating in a research report on Tuesday, March 4th. Stifel Nicolaus raised their price target 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. Susquehanna upped their price objective on shares of Wyndham Hotels & Resorts from $80.00 to $110.00 and gave the company a “neutral” rating in a research report on Tuesday, February 25th. Barclays lifted their target price on Wyndham Hotels & Resorts from $116.00 to $121.00 and gave the stock an “overweight” rating in a research report on Friday, February 14th. Finally, Truist Financial cut their price target on Wyndham Hotels & Resorts from $122.00 to $119.00 and set a “buy” rating for the company in a report on Friday, March 21st. Two research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $116.08.

Wyndham Hotels & Resorts 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.