Wyndham Hotels & Resorts $WH Shares Bought by AQR Capital Management LLC

Key Points

• AQR Capital Management LLC increased its stake in Wyndham Hotels & Resorts by 207.6%, owning approximately 190,165 shares worth $16.7 million as of the latest SEC filing.
• Wyndham Hotels & Resorts reported a quarterly earnings per share (EPS) of $1.33, exceeding analysts' expectations by $0.17, alongside an 8.2% increase in revenue year-over-year.
• The company declared a quarterly dividend of $0.41, with the ex-dividend date set for September 15th, representing an annualized yield of 1.9% and a payout ratio of 38.32%.

AQR Capital Management LLC increased its holdings in shares of Wyndham Hotels & Resorts (NYSE:WH - Free Report) by 207.6% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 190,165 shares of the company's stock after acquiring an additional 128,345 shares during the period. AQR Capital Management LLC owned approximately 0.25% of Wyndham Hotels & Resorts worth $16,706,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Elequin Capital LP purchased a new stake in Wyndham Hotels & Resorts during the first quarter valued at approximately $29,000. SVB Wealth LLC purchased a new stake in shares of Wyndham Hotels & Resorts in the first quarter worth $46,000. Versant Capital Management Inc increased its stake in shares of Wyndham Hotels & Resorts by 139.2% in the first quarter. Versant Capital Management Inc now owns 531 shares of the company's stock worth $48,000 after purchasing an additional 309 shares in the last quarter. Quarry LP increased its stake in shares of Wyndham Hotels & Resorts by 34.5% in the first quarter. Quarry LP now owns 542 shares of the company's stock worth $49,000 after purchasing an additional 139 shares in the last quarter. Finally, First Horizon Advisors Inc. increased its stake in shares of Wyndham Hotels & Resorts by 36.1% in the first quarter. First Horizon Advisors Inc. now owns 626 shares of the company's stock worth $57,000 after purchasing an additional 166 shares in the last quarter. Institutional investors own 93.46% of the company's stock.

Wyndham Hotels & Resorts Price Performance

Shares of Wyndham Hotels & Resorts stock traded down $2.61 during trading hours on Friday, reaching $85.85. 822,558 shares of the company's stock were exchanged, compared to its average volume of 758,763. Wyndham Hotels & Resorts has a 1 year low of $76.65 and a 1 year high of $113.07. The company has a market capitalization of $6.56 billion, a P/E ratio of 20.06, a price-to-earnings-growth ratio of 1.56 and a beta of 0.93. The business has a fifty day moving average of $87.13 and a two-hundred day moving average of $86.81. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 4.44.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last announced its quarterly earnings data on Wednesday, July 23rd. The company reported $1.33 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $397.00 million during the quarter, compared to analyst estimates of $384.69 million. During the same quarter in the prior year, the firm posted $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, research analysts predict that Wyndham Hotels & Resorts will post 4.79 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Monday, September 15th will be issued a $0.41 dividend. The ex-dividend date of this dividend is Monday, September 15th. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.9%. Wyndham Hotels & Resorts's dividend payout ratio is currently 38.32%.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. Barclays increased their price objective on shares of Wyndham Hotels & Resorts from $100.00 to $101.00 and gave the company an "overweight" rating in a research report on Friday, July 25th. JPMorgan Chase & Co. assumed coverage on shares of Wyndham Hotels & Resorts in a research report on Monday, June 23rd. They set an "overweight" rating and a $101.00 price objective for the company. Robert W. Baird increased their price objective on shares of Wyndham Hotels & Resorts from $98.00 to $99.00 and gave the company an "outperform" rating in a research report on Friday, July 25th. Truist Financial increased their price objective on shares of Wyndham Hotels & Resorts from $100.00 to $101.00 and gave the company a "buy" rating in a research report on Friday, July 25th. Finally, Morgan Stanley reiterated an "overweight" rating and set a $105.00 price objective on shares of Wyndham Hotels & Resorts in a research report on Tuesday, July 15th. Eleven analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $106.98.

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.