Beck Bode LLC Acquires New Shares in Wyndham Hotels & Resorts $WH

Key Points

• Beck Bode LLC has acquired a new stake in Wyndham Hotels & Resorts, purchasing 6,061 shares valued at approximately $549,000 in the first quarter.
• Wyndham's stock is rated as a "Moderate Buy" by analysts, with a consensus price target of $106.98, indicating a positive outlook for its performance.
• The company recently announced a quarterly dividend of $0.41 per share, representing an annualized yield of 1.8%, which is expected to be paid to investors on September 30th.

Beck Bode LLC acquired a new position in shares of Wyndham Hotels & Resorts (NYSE:WH - Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 6,061 shares of the company's stock, valued at approximately $549,000.

A number of other institutional investors also recently made changes to their positions in WH. Elequin Capital LP bought a new stake in shares of Wyndham Hotels & Resorts during the first quarter worth approximately $29,000. Quarry LP bought a new stake in shares of Wyndham Hotels & Resorts in the fourth quarter valued at approximately $41,000. SVB Wealth LLC bought a new stake in shares of Wyndham Hotels & Resorts in the first quarter valued at approximately $46,000. Versant Capital Management Inc boosted 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 valued at $48,000 after buying an additional 309 shares during the period. Finally, First Horizon Advisors Inc. boosted 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 valued at $57,000 after buying an additional 166 shares during the period. Institutional investors own 93.46% of the company's stock.

Wyndham Hotels & Resorts Trading Down 1.1%

Shares of Wyndham Hotels & Resorts stock traded down $0.92 during trading on Monday, hitting $86.65. The company's stock had a trading volume of 765,725 shares, compared to its average volume of 775,047. The company has a debt-to-equity ratio of 4.44, a current ratio of 1.03 and a quick ratio of 1.03. Wyndham Hotels & Resorts has a 52 week low of $75.91 and a 52 week high of $113.07. The stock has a market cap of $6.62 billion, a price-to-earnings ratio of 20.24, a price-to-earnings-growth ratio of 1.52 and a beta of 0.94. The stock has a 50-day moving average price of $86.20 and a two-hundred day moving average price of $88.10.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last issued its quarterly 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. The firm had revenue of $397.00 million during 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 business's revenue was up 8.2% compared to the same quarter last year. 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. Equities research analysts anticipate that Wyndham Hotels & Resorts will post 4.79 EPS for the current fiscal year.

Wyndham Hotels & Resorts Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on WH shares. Barclays boosted their price target on Wyndham Hotels & Resorts from $100.00 to $101.00 and gave the company an "overweight" rating in a research note on Friday, July 25th. JPMorgan Chase & Co. started coverage on Wyndham Hotels & Resorts in a research note on Monday, June 23rd. They issued an "overweight" rating and a $101.00 price target for the company. Morgan Stanley reiterated an "overweight" rating and issued a $105.00 price target on shares of Wyndham Hotels & Resorts in a research note on Tuesday, July 15th. Robert W. Baird boosted 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. Finally, Truist Financial boosted 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. Eleven equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, Wyndham Hotels & Resorts currently has an average rating of "Moderate Buy" and a consensus target price of $106.98.

About Wyndham Hotels & Resorts

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.