Goldman Sachs Group Inc. Has $194.09 Million Position in Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Goldman Sachs Group Inc. grew its stake in Wyndham Hotels & Resorts, Inc. (NYSE:WH – Get Rating) by 75.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,165,018 shares of the company’s stock after purchasing an additional 929,501 shares during the period. Goldman Sachs Group Inc. owned about 2.32% of Wyndham Hotels & Resorts worth $194,093,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of WH. First Trust Advisors LP acquired a new stake in shares of Wyndham Hotels & Resorts in the 1st quarter valued at approximately $534,000. Morgan Stanley boosted its stake in shares of Wyndham Hotels & Resorts by 9.2% in the 2nd quarter. Morgan Stanley now owns 215,433 shares of the company’s stock valued at $15,574,000 after purchasing an additional 18,209 shares in the last quarter. Commonwealth Equity Services LLC acquired a new stake in shares of Wyndham Hotels & Resorts in the 3rd quarter valued at approximately $203,000. Advisor Group Holdings Inc. boosted its stake in shares of Wyndham Hotels & Resorts by 6.2% in the 3rd quarter. Advisor Group Holdings Inc. now owns 11,625 shares of the company’s stock valued at $898,000 after purchasing an additional 679 shares in the last quarter. Finally, CIBC Asset Management Inc boosted its stake in shares of Wyndham Hotels & Resorts by 6.5% in the 3rd quarter. CIBC Asset Management Inc now owns 4,539 shares of the company’s stock valued at $350,000 after purchasing an additional 279 shares in the last quarter. Institutional investors own 92.63% of the company’s stock.

Several research firms recently commented on WH. StockNews.com began coverage on shares of Wyndham Hotels & Resorts in a research report on Thursday, March 31st. They set a “hold” rating on the stock. Zacks Investment Research upgraded shares of Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a research report on Saturday, February 19th. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, Wyndham Hotels & Resorts currently has an average rating of “Buy” and an average target price of $92.75.

Wyndham Hotels & Resorts stock traded up $2.71 during mid-day trading on Friday, hitting $77.35. 912,192 shares of the stock were exchanged, compared to its average volume of 701,261. The company has a quick ratio of 2.13, a current ratio of 2.13 and a debt-to-equity ratio of 1.78. Wyndham Hotels & Resorts, Inc. has a 12 month low of $65.24 and a 12 month high of $93.86. The firm’s fifty day simple moving average is $84.31 and its two-hundred day simple moving average is $84.69. The stock has a market capitalization of $7.12 billion, a price-to-earnings ratio of 22.23 and a beta of 1.48.

Wyndham Hotels & Resorts (NYSE:WH – Get Rating) last released its quarterly earnings results on Tuesday, April 26th. The company reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.67 by $0.28. Wyndham Hotels & Resorts had a net margin of 19.91% and a return on equity of 31.60%. During the same quarter last year, the business posted $0.36 earnings per share. As a group, analysts forecast that Wyndham Hotels & Resorts, Inc. will post 3.56 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 29th. Stockholders of record on Wednesday, June 15th will be paid a $0.32 dividend. The ex-dividend date of this dividend is Tuesday, June 14th. This represents a $1.28 annualized dividend and a dividend yield of 1.65%. Wyndham Hotels & Resorts’s dividend payout ratio is currently 36.78%.

Wyndham Hotels & Resorts Company Profile (Get Rating)

Wyndham Hotels & Resorts, Inc operates as a hotel franchisor worldwide. It operates through Hotel Franchising and Hotel Management segments. The Hotel Franchising segment licenses its lodging brands and provides related services to third-party hotel owners and others. The Hotel Management segment provides hotel management services for full-service and limited-service hotels.

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