Wyndham Hotels & Resorts, Inc. (NYSE:WH) Shares Acquired by Banque Pictet & Cie SA

Banque Pictet & Cie SA increased its position in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 0.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 110,812 shares of the company’s stock after purchasing an additional 552 shares during the period. Banque Pictet & Cie SA owned 0.14% of Wyndham Hotels & Resorts worth $11,169,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in WH. Trust Co. of Vermont raised 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 worth $25,000 after buying an additional 200 shares in the last quarter. Assetmark Inc. bought a new stake in Wyndham Hotels & Resorts in the third quarter worth about $30,000. Nomura Asset Management Co. Ltd. lifted its holdings in 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 acquiring an additional 190 shares during the last quarter. First Horizon Advisors Inc. lifted its holdings in 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 acquiring an additional 203 shares during the last quarter. Finally, UMB Bank n.a. grew 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 worth $40,000 after purchasing an additional 168 shares during the last quarter. 93.46% of the stock is currently owned by institutional investors and hedge funds.

Wyndham Hotels & Resorts Trading Down 1.4 %

Shares of NYSE WH opened at $107.61 on Friday. The firm has a market capitalization of $8.37 billion, a PE ratio of 34.16, a PEG ratio of 2.14 and a beta of 1.29. Wyndham Hotels & Resorts, Inc. has a one year low of $67.67 and a one year high of $110.58. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 4.19. The business has a 50-day moving average price of $103.14 and a two-hundred day moving average price of $90.29.

Wyndham Hotels & Resorts (NYSE:WH) last released its quarterly earnings data on Wednesday, February 12th. The company reported $1.04 earnings per share 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%. As a group, analysts predict that Wyndham Hotels & Resorts, Inc. will post 4.3 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Dividend Announcement

The company also recently disclosed 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. The ex-dividend date was Friday, December 13th. This represents a $1.52 annualized dividend and a dividend yield of 1.41%. Wyndham Hotels & Resorts’s dividend payout ratio is 48.25%.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. Jefferies Financial Group increased their target price on shares of Wyndham Hotels & Resorts from $107.00 to $120.00 and gave the company a “buy” rating in a research note on Thursday, January 2nd. 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 report on Tuesday, November 12th. Robert W. Baird lifted their target price on Wyndham Hotels & Resorts from $92.00 to $97.00 and gave the stock an “outperform” rating in a report on Friday, October 25th. Truist Financial upped their target price on Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the company a “buy” rating in a report on Friday, October 25th. Finally, JPMorgan Chase & Co. lifted their price target 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 analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat, Wyndham Hotels & Resorts currently has an average rating of “Moderate Buy” and an average target price of $109.50.

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.