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

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

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Trust Co. of Vermont increased its stake in shares of Wyndham Hotels & Resorts by 434.8% during the fourth 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 stake in Wyndham Hotels & Resorts during the 3rd quarter worth approximately $30,000. Nomura Asset Management Co. Ltd. raised its holdings 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 valued at $32,000 after acquiring an additional 190 shares during the last quarter. First Horizon Advisors Inc. lifted its position in shares of Wyndham Hotels & Resorts by 76.9% in the third quarter. First Horizon Advisors Inc. now owns 467 shares of the company’s stock valued at $36,000 after acquiring an additional 203 shares in the last quarter. Finally, UMB Bank n.a. boosted its stake in shares of Wyndham Hotels & Resorts by 72.7% in the fourth quarter. UMB Bank n.a. now owns 399 shares of the company’s stock worth $40,000 after acquiring an additional 168 shares during the last quarter. Hedge funds and other institutional investors own 93.46% of the company’s stock.

Wyndham Hotels & Resorts Stock Performance

NYSE:WH opened at $106.04 on Wednesday. Wyndham Hotels & Resorts, Inc. has a fifty-two week low of $67.67 and a fifty-two week high of $107.18. 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 50 day moving average price of $101.92 and a 200 day moving average price of $88.88. The stock has a market capitalization of $8.25 billion, a P/E ratio of 33.66, a PEG ratio of 2.09 and a beta of 1.29.

Wyndham Hotels & Resorts Dividend Announcement

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

Analyst Upgrades and Downgrades

Several research firms recently commented on WH. Oppenheimer increased their price objective on Wyndham Hotels & Resorts from $90.00 to $115.00 and gave the company an “outperform” rating in a research note on Tuesday, November 12th. Barclays raised their price target on shares of Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the stock an “overweight” rating in a research note on Friday, December 13th. Wells Fargo & Company raised shares of Wyndham Hotels & Resorts from an “equal weight” rating to an “overweight” rating and upped their price objective for the company from $103.00 to $114.00 in a research note on Friday, January 10th. Truist Financial raised their target price on shares of Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the stock a “buy” rating in a research note on Friday, October 25th. Finally, Stifel Nicolaus increased their price target on Wyndham Hotels & Resorts from $92.00 to $107.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Two investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $108.10.

Wyndham Hotels & Resorts 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.