Beck Bode LLC acquired a new stake in Wyndham Hotels & Resorts (NYSE:WH – Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 6,061 shares of the company’s stock, valued at approximately $549,000.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Elequin Capital LP bought a new position in Wyndham Hotels & Resorts in the 1st quarter valued at approximately $29,000. Quarry LP bought a new position in Wyndham Hotels & Resorts in the 4th quarter valued at approximately $41,000. SVB Wealth LLC bought a new position in Wyndham Hotels & Resorts in the 1st quarter valued at approximately $46,000. Versant Capital Management Inc lifted its stake in Wyndham Hotels & Resorts by 139.2% in the 1st quarter. Versant Capital Management Inc now owns 531 shares of the company’s stock valued at $48,000 after purchasing an additional 309 shares during the last quarter. Finally, First Horizon Advisors Inc. lifted its stake in Wyndham Hotels & Resorts by 36.1% in the 1st quarter. First Horizon Advisors Inc. now owns 626 shares of the company’s stock valued at $57,000 after purchasing an additional 166 shares during the last quarter. Institutional investors own 93.46% of the company’s stock.
Analyst Ratings Changes
WH has been the subject of several research reports. Morgan Stanley reissued an “overweight” rating and issued a $105.00 price objective on shares of Wyndham Hotels & Resorts in a research note on Tuesday, July 15th. Barclays raised their price target on shares of Wyndham Hotels & Resorts from $100.00 to $101.00 and gave the company an “overweight” rating in a research note on Friday, July 25th. Robert W. Baird raised their price target on shares of Wyndham Hotels & Resorts from $98.00 to $99.00 and gave the company an “outperform” rating in a research note on Friday, July 25th. Stifel Nicolaus dropped their price target on shares of Wyndham Hotels & Resorts from $121.00 to $102.75 and set a “buy” rating for the company in a research note on Thursday, May 1st. Finally, JPMorgan Chase & Co. started coverage on shares of Wyndham Hotels & Resorts in a research note on Monday, June 23rd. They set an “overweight” rating and a $101.00 price target for the company. Eleven analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $106.98.
Wyndham Hotels & Resorts Price Performance
WH stock opened at $88.68 on Thursday. Wyndham Hotels & Resorts has a 52-week low of $75.91 and a 52-week high of $113.07. The company has a fifty day moving average price of $85.89 and a 200-day moving average price of $88.66. The company has a market capitalization of $6.77 billion, a P/E ratio of 20.72, a PEG ratio of 1.54 and a beta of 0.99. The company has a debt-to-equity ratio of 4.44, a quick ratio of 1.03 and a current ratio of 1.03.
Wyndham Hotels & Resorts (NYSE:WH – Get Free Report) last announced its earnings results on Wednesday, July 23rd. The company reported $1.33 earnings per share for the quarter, topping analysts’ consensus estimates of $1.16 by $0.17. Wyndham Hotels & Resorts had a net margin of 23.10% and a return on equity of 60.79%. The business had revenue of $397.00 million during the quarter, compared to the consensus estimate of $384.69 million. During the same quarter last year, the firm earned $1.13 earnings per share. Wyndham Hotels & Resorts’s quarterly revenue was up 8.2% on a year-over-year basis. Wyndham Hotels & Resorts has set its FY 2025 guidance at 4.600-4.780 EPS. As a group, equities analysts expect that Wyndham Hotels & Resorts will post 4.79 EPS for the current year.
Wyndham Hotels & Resorts Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Monday, September 15th will be paid a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend is Monday, September 15th. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is currently 38.32%.
Wyndham Hotels & Resorts Company Profile
Wyndham Hotels & Resorts, Inc engages in the franchise and operation of hotels under the Wyndham brand. It operates through the Hotel Franchising and Hotel Management segments. The Hotel Franchising segment focuses on licensing the company’s lodging brands and providing related services to third-party hotel owners and others.
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