Deltec Asset Management LLC Cuts Stake in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Deltec Asset Management LLC lessened its holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 12.5% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 14,000 shares of the company’s stock after selling 2,000 shares during the period. Deltec Asset Management LLC’s holdings in Wyndham Hotels & Resorts were worth $1,411,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. Trust Co. of Vermont grew its stake in Wyndham Hotels & Resorts by 434.8% during the 4th quarter. Trust Co. of Vermont now owns 246 shares of the company’s stock worth $25,000 after purchasing an additional 200 shares in the last quarter. Assetmark Inc. purchased a new position in shares of Wyndham Hotels & Resorts in the 3rd quarter valued at about $30,000. Nomura Asset Management Co. Ltd. grew its position in shares of Wyndham Hotels & Resorts by 86.4% during the third quarter. Nomura Asset Management Co. Ltd. now owns 410 shares of the company’s stock worth $32,000 after buying an additional 190 shares in the last quarter. First Horizon Advisors Inc. increased its stake in shares of Wyndham Hotels & Resorts by 76.9% during the third quarter. First Horizon Advisors Inc. now owns 467 shares of the company’s stock worth $36,000 after buying an additional 203 shares during the period. Finally, UMB Bank n.a. raised its holdings in Wyndham Hotels & Resorts by 72.7% in the fourth quarter. UMB Bank n.a. now owns 399 shares of the company’s stock valued at $40,000 after acquiring an additional 168 shares in the last quarter. Hedge funds and other institutional investors own 93.46% of the company’s stock.

Analyst Ratings Changes

Several research analysts have commented on WH shares. Oppenheimer boosted their price target on shares of Wyndham Hotels & Resorts from $90.00 to $115.00 and gave the stock an “outperform” rating in a report on Tuesday, November 12th. The Goldman Sachs Group boosted their target price on shares of Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the stock a “buy” rating in a research note on Tuesday, December 10th. StockNews.com upgraded Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a research note on Friday, November 1st. Wells Fargo & Company raised Wyndham Hotels & Resorts from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $103.00 to $114.00 in a research report on Friday, January 10th. Finally, Barclays boosted their target price on Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the stock an “overweight” rating in a research note on Friday, December 13th. Two analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to MarketBeat, Wyndham Hotels & Resorts currently has a consensus rating of “Moderate Buy” and a consensus target price of $108.10.

Wyndham Hotels & Resorts Price Performance

Shares of WH opened at $106.04 on Wednesday. The company has a market capitalization of $8.25 billion, a price-to-earnings ratio of 33.66, a price-to-earnings-growth ratio of 2.09 and a beta of 1.29. Wyndham Hotels & Resorts, Inc. has a fifty-two week low of $67.67 and a fifty-two week high of $107.18. The firm has a 50-day simple moving average of $101.92 and a 200-day simple moving average of $88.88. The company has a debt-to-equity ratio of 4.19, a quick ratio of 0.97 and a current ratio of 0.97.

Wyndham Hotels & Resorts Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 27th. Investors of record on Friday, December 13th were issued a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a dividend yield of 1.43%. The ex-dividend date was Friday, December 13th. Wyndham Hotels & Resorts’s dividend payout ratio is presently 48.25%.

About Wyndham Hotels & Resorts

Wyndham Hotels & Resorts, Inc engages in the franchise and operation of hotels under the Wyndham brand. It operates through the following segments: Hotel Franchising, Hotel Management, and Corporate and Other. The Hotel Franchising segment focuses on licensing the company’s lodging brands and providing related services to third-party hotel owners and others.