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

Equitable Trust Co. lifted its stake in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 1.5% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 9,295 shares of the company’s stock after acquiring an additional 135 shares during the period. Equitable Trust Co.’s holdings in Wyndham Hotels & Resorts were worth $937,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of WH. Trust Co. of Vermont raised its holdings in shares of 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 acquiring an additional 200 shares during the period. Assetmark Inc. purchased a new position in shares of Wyndham Hotels & Resorts during the 3rd quarter worth $30,000. Nomura Asset Management Co. Ltd. increased its position in shares of Wyndham Hotels & Resorts by 86.4% during the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 410 shares of the company’s stock worth $32,000 after purchasing an additional 190 shares during the last quarter. First Horizon Advisors Inc. increased its position in shares of Wyndham Hotels & Resorts by 76.9% during the 3rd quarter. First Horizon Advisors Inc. now owns 467 shares of the company’s stock worth $36,000 after purchasing an additional 203 shares during the last quarter. Finally, UMB Bank n.a. increased its position in shares of Wyndham Hotels & Resorts by 72.7% during the 4th quarter. UMB Bank n.a. now owns 399 shares of the company’s stock worth $40,000 after purchasing 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 $107.43 on Tuesday. The company 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. The company has a debt-to-equity ratio of 4.19, a current ratio of 0.97 and a quick ratio of 0.97. The stock has a 50-day moving average of $102.68 and a two-hundred day moving average of $89.82. Wyndham Hotels & Resorts, Inc. has a 1-year low of $67.67 and a 1-year high of $109.09.

Wyndham Hotels & Resorts Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 27th. Shareholders of record on Friday, December 13th were given a $0.38 dividend. This represents a $1.52 annualized dividend and a yield of 1.41%. The ex-dividend date of this dividend was Friday, December 13th. Wyndham Hotels & Resorts’s dividend payout ratio is currently 48.25%.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Barclays raised their price objective on Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the stock an “overweight” rating in a research report on Friday, December 13th. Stifel Nicolaus raised their price objective on Wyndham Hotels & Resorts from $92.00 to $107.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Truist Financial raised their price objective on Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. Robert W. Baird raised their price objective on Wyndham Hotels & Resorts from $92.00 to $97.00 and gave the stock an “outperform” rating in a research report on Friday, October 25th. Finally, Jefferies Financial Group raised their price objective on Wyndham Hotels & Resorts from $107.00 to $120.00 and gave the stock a “buy” rating in a research report on Thursday, January 2nd. Two investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target 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.