Wyndham Hotels & Resorts $WH Shares Acquired by Amalgamated Bank

Amalgamated Bank lifted its holdings in shares of Wyndham Hotels & Resorts (NYSE:WH) by 4.1% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 37,021 shares of the company’s stock after buying an additional 1,463 shares during the period. Amalgamated Bank’s holdings in Wyndham Hotels & Resorts were worth $3,006,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. Burgundy Asset Management Ltd. boosted its stake in shares of Wyndham Hotels & Resorts by 3.0% during the first quarter. Burgundy Asset Management Ltd. now owns 2,369,461 shares of the company’s stock worth $214,460,000 after buying an additional 68,172 shares during the period. Bessemer Group Inc. boosted its stake in shares of Wyndham Hotels & Resorts by 0.6% during the second quarter. Bessemer Group Inc. now owns 1,364,127 shares of the company’s stock worth $110,782,000 after buying an additional 7,522 shares during the period. Bank of New York Mellon Corp raised its holdings in Wyndham Hotels & Resorts by 3.1% during the first quarter. Bank of New York Mellon Corp now owns 878,295 shares of the company’s stock worth $79,494,000 after purchasing an additional 26,321 shares in the last quarter. Nuveen LLC acquired a new stake in Wyndham Hotels & Resorts in the first quarter valued at about $70,353,000. Finally, Charles Schwab Investment Management Inc. lifted its position in Wyndham Hotels & Resorts by 1.0% in the first quarter. Charles Schwab Investment Management Inc. now owns 740,217 shares of the company’s stock valued at $66,997,000 after purchasing an additional 7,507 shares during the period. Institutional investors and hedge funds own 93.46% of the company’s stock.

Wyndham Hotels & Resorts Price Performance

WH stock opened at $74.25 on Tuesday. The firm has a 50 day moving average of $81.25 and a 200-day moving average of $83.65. Wyndham Hotels & Resorts has a 12-month low of $71.37 and a 12-month high of $113.07. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 4.43. The company has a market cap of $5.61 billion, a price-to-earnings ratio of 17.07, a PEG ratio of 1.90 and a beta of 0.89.

Wyndham Hotels & Resorts (NYSE:WH) last issued its quarterly earnings data on Wednesday, October 22nd. The company reported $1.46 earnings per share for the quarter, topping analysts’ consensus estimates of $1.42 by $0.04. Wyndham Hotels & Resorts had a net margin of 23.54% and a return on equity of 61.12%. The business had revenue of $382.00 million during the quarter, compared to analysts’ expectations of $406.29 million. During the same period last year, the company posted $1.39 EPS. The company’s revenue was down 3.5% on a year-over-year basis. Wyndham Hotels & Resorts has set its FY 2025 guidance at 4.480-4.62 EPS. As a group, equities analysts expect that Wyndham Hotels & Resorts will post 4.79 EPS for the current fiscal year.

Wyndham Hotels & Resorts Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th were paid a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend was Monday, September 15th. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is 37.70%.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the stock. Robert W. Baird reduced their price objective on shares of Wyndham Hotels & Resorts from $93.00 to $89.00 and set an “outperform” rating for the company in a research report on Tuesday, October 28th. Stifel Nicolaus reduced their price objective on shares of Wyndham Hotels & Resorts from $103.50 to $95.50 and set a “buy” rating for the company in a research report on Thursday, October 23rd. Susquehanna reduced their price objective on shares of Wyndham Hotels & Resorts from $95.00 to $80.00 and set a “neutral” rating for the company in a research report on Monday, October 27th. Barclays reduced their price objective on shares of Wyndham Hotels & Resorts from $99.00 to $95.00 and set an “overweight” rating for the company in a research report on Friday, October 24th. Finally, Morgan Stanley set a $91.00 price objective on shares of Wyndham Hotels & Resorts and gave the company an “overweight” rating in a research report on Wednesday, October 22nd. Eleven research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $101.13.

Wyndham Hotels & Resorts 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.