Invesco Ltd. Sells 13,569 Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Invesco Ltd. lowered its position in Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 0.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,614,975 shares of the company’s stock after selling 13,569 shares during the quarter. Invesco Ltd. owned approximately 2.08% of Wyndham Hotels & Resorts worth $162,773,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Bank of Montreal Can grew its position in shares of Wyndham Hotels & Resorts by 4.5% during the 4th quarter. Bank of Montreal Can now owns 13,030 shares of the company’s stock worth $1,313,000 after buying an additional 561 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in Wyndham Hotels & Resorts by 4.1% in the fourth quarter. Envestnet Asset Management Inc. now owns 130,581 shares of the company’s stock worth $13,161,000 after acquiring an additional 5,182 shares during the period. Wells Fargo & Company MN grew its holdings in Wyndham Hotels & Resorts by 4.9% during the 4th quarter. Wells Fargo & Company MN now owns 15,246 shares of the company’s stock worth $1,537,000 after acquiring an additional 707 shares in the last quarter. Diametric Capital LP purchased a new position in Wyndham Hotels & Resorts during the 4th quarter valued at about $1,311,000. Finally, Arrowstreet Capital Limited Partnership raised its holdings in shares of Wyndham Hotels & Resorts by 41.9% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 166,720 shares of the company’s stock valued at $16,804,000 after purchasing an additional 49,220 shares in the last quarter. 93.46% of the stock is currently owned by hedge funds and other institutional investors.

Wyndham Hotels & Resorts Trading Up 2.3 %

NYSE WH opened at $84.44 on Friday. Wyndham Hotels & Resorts, Inc. has a 12-month low of $67.67 and a 12-month high of $113.07. The company has a fifty day simple moving average of $97.10 and a two-hundred day simple moving average of $95.88. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 3.72. The stock has a market cap of $6.54 billion, a P/E ratio of 23.26, a P/E/G ratio of 1.87 and a beta of 1.11.

Wyndham Hotels & Resorts (NYSE:WH) last issued its earnings results on Wednesday, February 12th. The company reported $1.04 earnings per share (EPS) for the quarter, topping 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%. On average, analysts forecast that Wyndham Hotels & Resorts, Inc. will post 4.79 earnings per share for the current year.

Wyndham Hotels & Resorts Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 17th were given a $0.41 dividend. The ex-dividend date was Monday, March 17th. This represents a $1.64 dividend on an annualized basis and a yield of 1.94%. 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%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on WH. Stifel Nicolaus lifted their price objective on shares of Wyndham Hotels & Resorts from $113.00 to $121.00 and gave the company a “buy” rating in a report on Thursday, February 13th. Morgan Stanley lifted their price target on Wyndham Hotels & Resorts from $107.00 to $113.00 and gave the company an “overweight” rating in a report on Tuesday, March 4th. Robert W. Baird upped their price objective on Wyndham Hotels & Resorts from $108.00 to $115.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 18th. Wells Fargo & Company lifted their target price on Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the company an “overweight” rating in a research note on Friday, February 14th. Finally, Barclays increased their price target 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. Two analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus 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.