1,999 Shares in Wyndham Hotels & Resorts, Inc. (NYSE:WH) Acquired by Bank Pictet & Cie Europe AG

Bank Pictet & Cie Europe AG acquired a new position in Wyndham Hotels & Resorts, Inc. (NYSE:WH) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 1,999 shares of the company’s stock, valued at approximately $201,000.

A number of other hedge funds also recently added to or reduced their stakes in WH. Stifel Financial Corp raised its stake in Wyndham Hotels & Resorts by 91.9% during the 3rd quarter. Stifel Financial Corp now owns 30,665 shares of the company’s stock valued at $2,396,000 after buying an additional 14,688 shares during the last quarter. Thrivent Financial for Lutherans raised its stake in Wyndham Hotels & Resorts by 40.8% during the 3rd quarter. Thrivent Financial for Lutherans now owns 1,747,295 shares of the company’s stock valued at $136,533,000 after buying an additional 506,593 shares during the last quarter. Natixis Advisors LLC raised its stake in Wyndham Hotels & Resorts by 37.7% during the 3rd quarter. Natixis Advisors LLC now owns 34,537 shares of the company’s stock valued at $2,699,000 after buying an additional 9,463 shares during the last quarter. The Manufacturers Life Insurance Company raised its stake in Wyndham Hotels & Resorts by 15.0% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 64,329 shares of the company’s stock valued at $5,027,000 after buying an additional 8,389 shares during the last quarter. Finally, Impax Asset Management Group plc raised its stake in Wyndham Hotels & Resorts by 35.0% during the 3rd quarter. Impax Asset Management Group plc now owns 135,000 shares of the company’s stock valued at $10,549,000 after buying an additional 35,000 shares during the last quarter. 93.46% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on WH. The Goldman Sachs Group boosted their target price on shares of Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the company 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. 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 note on Thursday. Barclays upped their price objective on Wyndham Hotels & Resorts from $116.00 to $121.00 and gave the stock an “overweight” rating in a research note on Friday. Finally, JPMorgan Chase & Co. upped their price objective 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. Two investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $110.30.

Wyndham Hotels & Resorts Trading Up 2.0 %

Shares of Wyndham Hotels & Resorts stock opened at $109.47 on Friday. The company has a market capitalization of $8.52 billion, a P/E ratio of 34.75, a P/E/G ratio of 2.14 and a beta of 1.29. The company has a debt-to-equity ratio of 4.19, a quick ratio of 0.97 and a current ratio of 0.97. The company has a fifty day moving average of $103.29 and a 200 day moving average of $90.60. Wyndham Hotels & Resorts, Inc. has a fifty-two week low of $67.67 and a fifty-two week high of $110.94.

Wyndham Hotels & Resorts (NYSE:WH) last released its quarterly earnings data on Wednesday, February 12th. The company reported $1.04 EPS for the quarter, beating the consensus estimate of $1.00 by $0.04. Wyndham Hotels & Resorts had a net margin of 18.29% and a return on equity of 51.79%. On average, sell-side analysts anticipate that Wyndham Hotels & Resorts, Inc. will post 4.3 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 27th. Shareholders 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 1.39%. The ex-dividend date of this dividend was Friday, December 13th. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is presently 48.25%.

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 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.