Equitable Trust Co. Increases Stake in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Equitable Trust Co. grew its stake in Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 1.5% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 9,295 shares of the company’s stock after buying an additional 135 shares during the quarter. Equitable Trust Co.’s holdings in Wyndham Hotels & Resorts were worth $937,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Trust Co. of Vermont boosted its stake in shares of Wyndham Hotels & Resorts by 434.8% in the 4th quarter. Trust Co. of Vermont now owns 246 shares of the company’s stock valued at $25,000 after buying an additional 200 shares during the period. 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. boosted its stake in shares of Wyndham Hotels & Resorts by 86.4% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 410 shares of the company’s stock valued at $32,000 after buying an additional 190 shares during the period. First Horizon Advisors Inc. boosted its stake in shares of Wyndham Hotels & Resorts by 76.9% in the 3rd quarter. First Horizon Advisors Inc. now owns 467 shares of the company’s stock valued at $36,000 after buying an additional 203 shares during the period. Finally, UMB Bank n.a. boosted its stake in shares of Wyndham Hotels & Resorts by 72.7% in the 4th quarter. UMB Bank n.a. now owns 399 shares of the company’s stock valued at $40,000 after buying an additional 168 shares during the period. Hedge funds and other institutional investors own 93.46% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on WH shares. Stifel Nicolaus boosted their target price on Wyndham Hotels & Resorts from $92.00 to $107.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. 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. Robert W. Baird boosted their target price on Wyndham Hotels & Resorts from $92.00 to $97.00 and gave the stock an “outperform” rating in a research note on Friday, October 25th. The Goldman Sachs Group boosted their target price on Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the stock a “buy” rating in a research note on Tuesday, December 10th. Finally, Oppenheimer boosted their target price on Wyndham Hotels & Resorts from $90.00 to $115.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 12th. Two equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $108.10.

Wyndham Hotels & Resorts Price Performance

Shares of NYSE WH opened at $107.43 on Tuesday. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 4.19. Wyndham Hotels & Resorts, Inc. has a twelve month low of $67.67 and a twelve month high of $109.09. The stock has a 50 day moving average of $102.68 and a two-hundred day moving average of $89.82. The stock has a market cap of $8.36 billion, a P/E ratio of 34.11, a P/E/G ratio of 2.14 and a beta of 1.29.

Wyndham Hotels & Resorts Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, December 27th. Stockholders of record on Friday, December 13th were issued a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.41%. The ex-dividend date was Friday, December 13th. Wyndham Hotels & Resorts’s payout ratio is currently 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.