Mutual of America Capital Management LLC boosted its holdings in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH – Free Report) by 17.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 173,952 shares of the company’s stock after acquiring an additional 25,702 shares during the quarter. Mutual of America Capital Management LLC owned 0.22% of Wyndham Hotels & Resorts worth $17,533,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently bought and sold shares of WH. Trust Co. of Vermont raised its stake 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 purchasing an additional 200 shares in the last quarter. Proficio Capital Partners LLC bought a new position in Wyndham Hotels & Resorts during the fourth quarter valued at approximately $28,000. Assetmark Inc. bought a new position in Wyndham Hotels & Resorts during the third quarter valued at approximately $30,000. Nomura Asset Management Co. Ltd. lifted its stake in Wyndham Hotels & Resorts by 86.4% in 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. Finally, First Horizon Advisors Inc. grew its position in Wyndham Hotels & Resorts by 76.9% in the third quarter. First Horizon Advisors Inc. now owns 467 shares of the company’s stock worth $36,000 after acquiring an additional 203 shares in the last quarter. Hedge funds and other institutional investors own 93.46% of the company’s stock.
Analysts Set New Price Targets
Several equities research analysts recently issued reports on the stock. JPMorgan Chase & Co. lifted their price objective on shares of Wyndham Hotels & Resorts from $99.00 to $113.00 and gave the company an “overweight” rating in a research note on Friday, December 13th. Truist Financial raised their target price on Wyndham Hotels & Resorts from $105.00 to $122.00 and gave the company a “buy” rating in a report on Wednesday, February 19th. Barclays upped their price target on Wyndham Hotels & Resorts from $116.00 to $121.00 and gave the stock an “overweight” rating in a research note on Friday, February 14th. The Goldman Sachs Group raised their price objective on Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the company a “buy” rating in a research note on Tuesday, December 10th. Finally, Jefferies Financial Group boosted their target price on Wyndham Hotels & Resorts from $107.00 to $120.00 and gave the stock a “buy” rating in a report on Thursday, January 2nd. Two analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $116.45.
Remove Ads
View Our Latest Stock Analysis on WH
Wyndham Hotels & Resorts Stock Performance
Shares of WH traded down $0.94 during mid-day trading on Tuesday, hitting $105.28. The company’s stock had a trading volume of 499,151 shares, compared to its average volume of 770,369. The stock’s 50-day moving average is $104.80 and its two-hundred day moving average is $93.41. The firm has a market capitalization of $8.18 billion, a PE ratio of 29.01, a price-to-earnings-growth ratio of 1.87 and a beta of 1.29. The company has a debt-to-equity ratio of 3.72, a quick ratio of 1.00 and a current ratio of 1.00. Wyndham Hotels & Resorts, Inc. has a one year low of $67.67 and a one year high of $113.07.
Wyndham Hotels & Resorts (NYSE:WH – Get Free Report) last released its earnings results 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 20.51% and a return on equity of 54.86%. As a group, sell-side analysts anticipate that Wyndham Hotels & Resorts, Inc. will post 4.79 EPS for the current year.
About Wyndham Hotels & Resorts
(Free Report)
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.
Recommended Stories
Before you consider Wyndham Hotels & Resorts, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Wyndham Hotels & Resorts wasn’t on the list.
While Wyndham Hotels & Resorts currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.