Goldman Sachs Group Inc. Purchases 929,501 Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH)

Goldman Sachs Group Inc. grew its stake in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WHGet Rating) by 75.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,165,018 shares of the company’s stock after acquiring an additional 929,501 shares during the quarter. Goldman Sachs Group Inc.’s holdings in Wyndham Hotels & Resorts were worth $194,093,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the company. Morgan Stanley increased its holdings in Wyndham Hotels & Resorts by 253.7% in the 3rd quarter. Morgan Stanley now owns 762,041 shares of the company’s stock worth $58,822,000 after buying an additional 546,608 shares in the last quarter. Banque Pictet & Cie SA increased its holdings in Wyndham Hotels & Resorts by 15.2% in the 4th quarter. Banque Pictet & Cie SA now owns 99,204 shares of the company’s stock worth $8,894,000 after buying an additional 13,116 shares in the last quarter. Yousif Capital Management LLC bought a new stake in Wyndham Hotels & Resorts in the 4th quarter worth about $4,386,000. AGF Investments Inc. increased its holdings in Wyndham Hotels & Resorts by 9.2% in the 4th quarter. AGF Investments Inc. now owns 1,314,095 shares of the company’s stock worth $117,809,000 after buying an additional 110,286 shares in the last quarter. Finally, State of New Jersey Common Pension Fund D increased its holdings in Wyndham Hotels & Resorts by 2.3% in the 4th quarter. State of New Jersey Common Pension Fund D now owns 185,590 shares of the company’s stock worth $16,638,000 after buying an additional 4,108 shares in the last quarter. Hedge funds and other institutional investors own 92.63% of the company’s stock.

NYSE:WH traded up $2.71 on Friday, hitting $77.35. The stock had a trading volume of 912,192 shares, compared to its average volume of 701,261. The stock has a market cap of $7.12 billion, a price-to-earnings ratio of 22.23 and a beta of 1.48. The company has a quick ratio of 2.13, a current ratio of 2.13 and a debt-to-equity ratio of 1.78. The business’s 50-day simple moving average is $84.31 and its two-hundred day simple moving average is $84.69. Wyndham Hotels & Resorts, Inc. has a 52-week low of $65.24 and a 52-week high of $93.86.

Wyndham Hotels & Resorts (NYSE:WHGet Rating) last posted its quarterly earnings data on Tuesday, April 26th. The company reported $0.95 earnings per share for the quarter, beating analysts’ consensus estimates of $0.67 by $0.28. Wyndham Hotels & Resorts had a return on equity of 31.60% and a net margin of 19.91%. During the same quarter in the previous year, the company posted $0.36 EPS. As a group, equities research analysts anticipate that Wyndham Hotels & Resorts, Inc. will post 3.56 EPS for the current 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 given a dividend of $0.32 per share. The ex-dividend date is Tuesday, June 14th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.65%. Wyndham Hotels & Resorts’s payout ratio is currently 36.78%.

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

About Wyndham Hotels & Resorts (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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Institutional Ownership by Quarter for Wyndham Hotels & Resorts (NYSE:WH)

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