Uncommon Cents Investing LLC reduced its stake in shares of Wyndham Hotels & Resorts (NYSE:WH – Free Report) by 3.6% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,443 shares of the company’s stock after selling 168 shares during the quarter. Uncommon Cents Investing LLC’s holdings in Wyndham Hotels & Resorts were worth $361,000 as of its most recent SEC filing.
A number of other hedge funds have also recently made changes to their positions in the company. Elequin Capital LP acquired a new stake in Wyndham Hotels & Resorts in the first quarter valued at approximately $29,000. Geneos Wealth Management Inc. raised its stake in shares of Wyndham Hotels & Resorts by 49.2% in the first quarter. Geneos Wealth Management Inc. now owns 376 shares of the company’s stock valued at $34,000 after buying an additional 124 shares during the period. SVB Wealth LLC bought a new stake in shares of Wyndham Hotels & Resorts during the 1st quarter valued at $46,000. Versant Capital Management Inc raised its stake in shares of Wyndham Hotels & Resorts by 139.2% during 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 period. Finally, Quarry LP raised its stake in shares of Wyndham Hotels & Resorts by 34.5% during the 1st quarter. Quarry LP now owns 542 shares of the company’s stock valued at $49,000 after purchasing an additional 139 shares during the period. 93.46% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
WH has been the subject of several recent analyst reports. Morgan Stanley restated an “overweight” rating and set a $105.00 target price on shares of Wyndham Hotels & Resorts in a research report on Tuesday, July 15th. Truist Financial increased their price objective on Wyndham Hotels & Resorts from $100.00 to $101.00 and gave the stock a “buy” rating in a report on Friday, July 25th. JPMorgan Chase & Co. initiated coverage on Wyndham Hotels & Resorts in a research report on Monday, June 23rd. They issued an “overweight” rating and a $101.00 target price for the company. Robert W. Baird raised their price objective on Wyndham Hotels & Resorts from $98.00 to $99.00 and gave the company an “outperform” rating in a research report on Friday, July 25th. Finally, Barclays raised their price objective on Wyndham Hotels & Resorts from $100.00 to $101.00 and gave the company an “overweight” rating in a research report on Friday, July 25th. Eleven equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $106.98.
Wyndham Hotels & Resorts Stock Performance
WH stock opened at $81.51 on Monday. The company has a market cap of $6.22 billion, a P/E ratio of 19.04, a price-to-earnings-growth ratio of 1.43 and a beta of 0.94. Wyndham Hotels & Resorts has a 1 year low of $76.65 and a 1 year high of $113.07. The company has a debt-to-equity ratio of 4.44, a current ratio of 1.03 and a quick ratio of 1.03. The stock’s fifty day moving average price is $86.22 and its 200-day moving average price is $85.41.
Wyndham Hotels & Resorts (NYSE:WH – Get Free Report) last released its quarterly earnings results on Wednesday, July 23rd. The company reported $1.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.16 by $0.17. The firm had revenue of $397.00 million for the quarter, compared to the consensus estimate of $384.69 million. Wyndham Hotels & Resorts had a return on equity of 60.79% and a net margin of 23.10%.The company’s revenue for the quarter was up 8.2% on a year-over-year basis. During the same period last year, the business posted $1.13 EPS. Wyndham Hotels & Resorts has set its FY 2025 guidance at 4.600-4.780 EPS. On average, equities analysts forecast that Wyndham Hotels & Resorts will post 4.79 earnings per share for the current year.
Wyndham Hotels & Resorts Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Monday, September 15th will be given a dividend of $0.41 per share. The ex-dividend date is Monday, September 15th. This represents a $1.64 annualized dividend and a yield of 2.0%. Wyndham Hotels & Resorts’s payout ratio is 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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