Wyndham Hotels & Resorts $WH Shares Bought by Brandywine Global Investment Management LLC

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% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. 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 about 0.18% of Wyndham Hotels & Resorts worth $12,886,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Burgundy Asset Management Ltd. lifted its holdings in Wyndham Hotels & Resorts by 1.7% in the 4th quarter. Burgundy Asset Management Ltd. now owns 2,301,289 shares of the company's stock valued at $231,947,000 after purchasing an additional 37,832 shares in the last quarter. T. Rowe Price Investment Management Inc. lifted its holdings in Wyndham Hotels & Resorts by 6.1% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 1,419,168 shares of the company's stock valued at $143,038,000 after purchasing an additional 81,730 shares in the last quarter. Bessemer Group Inc. lifted its holdings in Wyndham Hotels & Resorts by 1.7% in the 1st quarter. Bessemer Group Inc. now owns 1,356,605 shares of the company's stock valued at $122,786,000 after purchasing an additional 22,990 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in Wyndham Hotels & Resorts by 2.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,309,177 shares of the company's stock valued at $131,952,000 after purchasing an additional 29,220 shares in the last quarter. Finally, Northern Trust Corp lifted its holdings in Wyndham Hotels & Resorts by 21.3% in the 4th quarter. Northern Trust Corp now owns 1,012,915 shares of the company's stock valued at $102,092,000 after purchasing an additional 178,047 shares in the last quarter. 93.46% of the stock is currently owned by hedge funds and other institutional investors.

Wyndham Hotels & Resorts Trading Down 1.7%

NYSE WH traded down $1.4670 during mid-day trading on Wednesday, hitting $86.4830. The company's stock had a trading volume of 292,512 shares, compared to its average volume of 1,034,349. 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 $75.30 and a 52-week high of $113.07. The stock's fifty day simple moving average is $85.06 and its two-hundred day simple moving average is $89.33. The firm has a market capitalization of $6.60 billion, a P/E ratio of 20.23, a price-to-earnings-growth ratio of 1.54 and a beta of 0.99.

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 (EPS) for the quarter, beating the consensus estimate 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 company had revenue of $397.00 million during the quarter, compared to the consensus estimate of $384.69 million. During the same quarter last year, the company earned $1.13 earnings per share. Wyndham Hotels & Resorts's revenue for the quarter 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. Research analysts expect that Wyndham Hotels & Resorts will post 4.79 EPS for the current year.

Wyndham Hotels & Resorts Announces Dividend

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 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 yield of 1.9%. Wyndham Hotels & Resorts's dividend payout ratio (DPR) is 38.32%.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. Morgan Stanley restated an "overweight" rating and issued a $105.00 target price on shares of Wyndham Hotels & Resorts in a report on Tuesday, July 15th. JPMorgan Chase & Co. started coverage on shares of Wyndham Hotels & Resorts in a report on Monday, June 23rd. They set an "overweight" rating and a $101.00 price objective on the stock. Truist Financial increased their price objective on shares of Wyndham Hotels & Resorts from $100.00 to $101.00 and gave the stock a "buy" rating in a report on Friday, July 25th. Stifel Nicolaus cut their price target on shares of Wyndham Hotels & Resorts from $121.00 to $102.75 and set a "buy" rating on the stock in a report on Thursday, May 1st. Finally, Barclays raised their price target on shares of Wyndham Hotels & Resorts from $100.00 to $101.00 and gave the company an "overweight" rating in a 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. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus 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.