Wyndham Hotels & Resorts, Inc. (NYSE:WH) Shares Purchased by Bessemer Group Inc.

Bessemer Group Inc. raised its holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 24,953.8% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,333,615 shares of the company’s stock after buying an additional 1,328,292 shares during the period. Bessemer Group Inc. owned approximately 1.71% of Wyndham Hotels & Resorts worth $134,414,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Mutual of America Capital Management LLC grew its holdings 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 in the last quarter. CIBC Asset Management Inc purchased a new stake in shares of Wyndham Hotels & Resorts during the 4th quarter worth $248,000. Stifel Financial Corp grew its stake 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 purchasing an additional 14,688 shares in the last quarter. Proficio Capital Partners LLC purchased a new position in Wyndham Hotels & Resorts in the fourth quarter valued at $28,000. Finally, Bank of New York Mellon Corp raised its stake in Wyndham Hotels & Resorts by 1.0% in the fourth quarter. Bank of New York Mellon Corp now owns 851,974 shares of the company’s stock valued at $85,870,000 after buying an additional 8,129 shares in the last quarter. Institutional investors and hedge funds own 93.46% of the company’s stock.

Wyndham Hotels & Resorts Stock Performance

Shares of WH stock opened at $87.58 on Thursday. Wyndham Hotels & Resorts, Inc. has a 52-week low of $67.67 and a 52-week high of $113.07. The stock’s 50-day moving average price is $98.00 and its 200 day moving average price is $95.82. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 3.72. The stock has a market capitalization of $6.79 billion, a PE ratio of 24.13, a price-to-earnings-growth ratio of 1.87 and a beta of 1.11.

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

Wyndham Hotels & Resorts Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 17th were paid a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.87%. This is a positive change from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.38. The ex-dividend date was Monday, March 17th. Wyndham Hotels & Resorts’s payout ratio is 45.18%.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. Stifel Nicolaus upped their price objective on Wyndham Hotels & Resorts from $113.00 to $121.00 and gave the stock a “buy” rating in a research report on Thursday, February 13th. Robert W. Baird increased their price target on shares of Wyndham Hotels & Resorts from $108.00 to $115.00 and gave the company an “outperform” rating in a research note on Tuesday, February 18th. Truist Financial reduced their price objective on shares of Wyndham Hotels & Resorts from $122.00 to $119.00 and set a “buy” rating for the company in a research report on Friday, March 21st. Barclays increased their target price on shares of Wyndham Hotels & Resorts from $116.00 to $121.00 and gave the company an “overweight” rating in a research report on Friday, February 14th. Finally, Susquehanna boosted their price target 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. Two analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to MarketBeat.com, Wyndham Hotels & Resorts currently has a consensus rating of “Moderate Buy” and an average price target of $115.25.

Wyndham Hotels & Resorts Company 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.