Jackson Square Partners LLC Has $39.99 Million Holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Jackson Square Partners LLC cut its stake in Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 16.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 396,752 shares of the company’s stock after selling 79,614 shares during the period. Wyndham Hotels & Resorts makes up about 4.3% of Jackson Square Partners LLC’s portfolio, making the stock its 2nd biggest holding. Jackson Square Partners LLC owned approximately 0.51% of Wyndham Hotels & Resorts worth $39,989,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the stock. Mutual of America Capital Management LLC lifted its stake in Wyndham Hotels & Resorts by 17.3% during the fourth quarter. Mutual of America Capital Management LLC now owns 173,952 shares of the company’s stock worth $17,533,000 after purchasing an additional 25,702 shares during the last quarter. CIBC Asset Management Inc bought a new position in Wyndham Hotels & Resorts in the fourth quarter valued at about $248,000. Stifel Financial Corp raised its stake in 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 acquiring an additional 14,688 shares in the last quarter. Proficio Capital Partners LLC bought a new position in shares of Wyndham Hotels & Resorts in the fourth quarter worth about $28,000. Finally, Bank of New York Mellon Corp boosted its stake in shares of 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 valued at $85,870,000 after purchasing an additional 8,129 shares in the last quarter. 93.46% of the stock is owned by institutional investors and hedge funds.

Wyndham Hotels & Resorts Trading Up 2.0 %

NYSE:WH opened at $92.50 on Tuesday. Wyndham Hotels & Resorts, Inc. has a 52 week low of $67.67 and a 52 week high of $113.07. The firm has a 50-day moving average price of $102.75 and a two-hundred day moving average price of $95.20. The firm has a market cap of $7.19 billion, a price-to-earnings ratio of 25.48, a price-to-earnings-growth ratio of 1.87 and a beta of 1.28. The company has a debt-to-equity ratio of 3.72, a quick ratio of 1.00 and a current ratio of 1.00.

Wyndham Hotels & Resorts (NYSE:WH) last released its quarterly earnings data on Wednesday, February 12th. The company reported $1.04 EPS for the quarter, topping 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, equities 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 business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 17th will be issued a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a yield of 1.77%. The ex-dividend date of this dividend is Monday, March 17th. This is a positive change from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.38. Wyndham Hotels & Resorts’s payout ratio is presently 45.18%.

Analysts Set New Price Targets

A number of brokerages have recently commented on WH. Barclays lifted their price target on Wyndham Hotels & Resorts from $116.00 to $121.00 and gave the company an “overweight” rating in a research note on Friday, February 14th. Wells Fargo & Company lifted 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 note on Friday, February 14th. JPMorgan Chase & Co. raised their target price on Wyndham Hotels & Resorts from $99.00 to $113.00 and gave the stock an “overweight” rating in a research note on Friday, December 13th. Susquehanna boosted their price target on Wyndham Hotels & Resorts from $80.00 to $110.00 and gave the company a “neutral” rating in a research note on Tuesday, February 25th. Finally, Jefferies Financial Group lifted their price objective 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. Two research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $116.08.

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.