UBS Group AG boosted its holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH – Get Rating) by 744.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 113,691 shares of the company’s stock after buying an additional 100,227 shares during the quarter. UBS Group AG owned approximately 0.13% of Wyndham Hotels & Resorts worth $8,107,000 at the end of the most recent quarter.
Other large investors have also recently bought and sold shares of the company. EWG Elevate Inc. purchased a new position in Wyndham Hotels & Resorts in the fourth quarter valued at $49,000. Point72 Hong Kong Ltd purchased a new position in Wyndham Hotels & Resorts in the second quarter valued at $46,000. Quent Capital LLC increased its holdings in Wyndham Hotels & Resorts by 64.8% in the third quarter. Quent Capital LLC now owns 839 shares of the company’s stock valued at $51,000 after buying an additional 330 shares during the last quarter. Signaturefd LLC increased its holdings in Wyndham Hotels & Resorts by 94.1% in the fourth quarter. Signaturefd LLC now owns 1,027 shares of the company’s stock valued at $73,000 after buying an additional 498 shares during the last quarter. Finally, Advanced Research Investment Solutions LLC purchased a new position in Wyndham Hotels & Resorts in the third quarter valued at $75,000. Hedge funds and other institutional investors own 91.13% of the company’s stock.
Wyndham Hotels & Resorts Stock Performance
NYSE WH opened at $70.74 on Thursday. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 2.19. Wyndham Hotels & Resorts, Inc. has a 52-week low of $58.81 and a 52-week high of $82.04. The business’s 50-day moving average price is $67.20 and its 200 day moving average price is $71.46. The firm has a market cap of $6.07 billion, a P/E ratio of 20.04, a P/E/G ratio of 1.84 and a beta of 1.38.
Wyndham Hotels & Resorts Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 28th. Investors of record on Wednesday, June 14th will be given a $0.35 dividend. The ex-dividend date of this dividend is Tuesday, June 13th. This represents a $1.40 dividend on an annualized basis and a yield of 1.98%. Wyndham Hotels & Resorts’s payout ratio is currently 39.66%.
Wall Street Analyst Weigh In
Several brokerages have issued reports on WH. Morgan Stanley raised their price objective on Wyndham Hotels & Resorts from $87.00 to $90.00 and gave the stock an “overweight” rating in a report on Tuesday, February 7th. Stifel Nicolaus dropped their price objective on Wyndham Hotels & Resorts from $87.00 to $81.00 in a report on Thursday, April 27th. StockNews.com began coverage on Wyndham Hotels & Resorts in a report on Thursday, May 18th. They set a “hold” rating on the stock. Oppenheimer dropped their price objective on Wyndham Hotels & Resorts from $100.00 to $90.00 in a report on Thursday, April 27th. Finally, Deutsche Bank Aktiengesellschaft began coverage on Wyndham Hotels & Resorts in a report on Wednesday, April 5th. They set a “buy” rating and a $79.00 price objective on the stock. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat, Wyndham Hotels & Resorts currently has a consensus rating of “Moderate Buy” and an average target price of $87.14.
Insider Activity at Wyndham Hotels & Resorts
In related news, CMO Lisa Checchio sold 6,000 shares of the firm’s stock in a transaction dated Wednesday, March 8th. The shares were sold at an average price of $76.90, for a total value of $461,400.00. Following the completion of the sale, the chief marketing officer now owns 13,692 shares in the company, valued at $1,052,914.80. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. 2.29% of the stock is owned by insiders.
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 and Hotel Management. The Hotel Franchising segment offers licenses of brand names and associated trademarks to hotel owners under long-term franchise agreements.
Featured Articles
- Get a free copy of the StockNews.com research report on Wyndham Hotels & Resorts (WH)
- Toll Brothers Rises On Results, But The Roof Is In Place
- It’s Time To Try On VF Corporation’s 6% Yield
- PetCo Management Getting it Right? Earnings Beat Says Yes
- Axcelis Stock In Buy Range After Chart Breakout, Strong Guidance
- Kohl’s 10% Yield Comes Into High Fashion
Receive News & Ratings for Wyndham Hotels & Resorts Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wyndham Hotels & Resorts and related companies with MarketBeat.com's FREE daily email newsletter.