Brandywine Global Investment Management LLC Buys 26,381 Shares of Wyndham Hotels & Resorts $WH

Key Points

• Brandywine Global Investment Management LLC increased its holdings in Wyndham Hotels & Resorts by 22.7%, purchasing an additional 26,381 shares during the first quarter.
• Recent analyst reports have led to increased price targets for Wyndham Hotels & Resorts, with Barclays and Truist Financial both raising their targets to $101.00.
• The company reported earnings of $1.33 per share for the last quarter, exceeding analyst estimates, with revenue increasing by 8.2% year-over-year.

Brandywine Global Investment Management LLC raised its position in Wyndham Hotels & Resorts (NYSE:WH - Free Report) by 22.7% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 142,367 shares of the company's stock after purchasing an additional 26,381 shares during the period. Brandywine Global Investment Management LLC owned approximately 0.18% of Wyndham Hotels & Resorts worth $12,886,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in WH. Bank Pictet & Cie Europe AG acquired a new position in Wyndham Hotels & Resorts during the fourth quarter worth $201,000. Wells Fargo & Company MN boosted its holdings in Wyndham Hotels & Resorts by 4.9% during the fourth quarter. Wells Fargo & Company MN now owns 15,246 shares of the company's stock worth $1,537,000 after purchasing an additional 707 shares during the last quarter. Bank of Montreal Can boosted its holdings in Wyndham Hotels & Resorts by 4.5% during the fourth quarter. Bank of Montreal Can now owns 13,030 shares of the company's stock worth $1,313,000 after purchasing an additional 561 shares during the last quarter. Renaissance Technologies LLC boosted its holdings in Wyndham Hotels & Resorts by 103.7% during the fourth quarter. Renaissance Technologies LLC now owns 50,100 shares of the company's stock worth $5,050,000 after purchasing an additional 25,500 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new position in Wyndham Hotels & Resorts during the fourth quarter worth $8,462,000. Institutional investors and hedge funds own 93.46% of the company's stock.

Analysts Set New Price Targets

WH has been the subject of several recent research reports. Stifel Nicolaus reduced their target price on shares of Wyndham Hotels & Resorts from $121.00 to $102.75 and set a "buy" rating for the company in a report on Thursday, May 1st. Morgan Stanley restated an "overweight" rating and set a $105.00 target price on shares of Wyndham Hotels & Resorts in a report on Tuesday, July 15th. Barclays upped their price target on shares of Wyndham Hotels & Resorts from $100.00 to $101.00 and gave the stock an "overweight" rating in a research report on Friday, July 25th. Truist Financial upped their price target on shares of Wyndham Hotels & Resorts from $100.00 to $101.00 and gave the stock a "buy" rating in a research report on Friday, July 25th. Finally, JPMorgan Chase & Co. began 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 target on the stock. Eleven investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat, Wyndham Hotels & Resorts has a consensus rating of "Moderate Buy" and a consensus target price of $106.98.

Wyndham Hotels & Resorts Stock Performance

Shares of WH traded up $0.2660 during trading hours on Thursday, hitting $86.6960. The company had a trading volume of 159,475 shares, compared to its average volume of 1,031,140. The firm has a market cap of $6.62 billion, a price-to-earnings ratio of 20.24, a PEG ratio of 1.55 and a beta of 0.99. The business has a fifty day moving average of $85.13 and a 200-day moving average of $89.31. Wyndham Hotels & Resorts has a 12 month low of $75.91 and a 12 month high of $113.07. 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 issued its quarterly earnings data on Wednesday, July 23rd. The company reported $1.33 earnings per share for the quarter, beating the consensus estimate of $1.16 by $0.17. The company had revenue of $397.00 million for the quarter, compared to analyst estimates of $384.69 million. Wyndham Hotels & Resorts had a net margin of 23.10% and a return on equity of 60.79%. The company's revenue was up 8.2% on a year-over-year basis. During the same period in the prior year, the firm earned $1.13 earnings per share. Wyndham Hotels & Resorts has set its FY 2025 guidance at 4.600-4.780 EPS. Equities analysts anticipate that Wyndham Hotels & Resorts will post 4.79 EPS for the current fiscal year.

Wyndham Hotels & Resorts Dividend Announcement

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

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.