Caxton Associates LLP Buys Shares of 18,222 Wyndham Hotels & Resorts $WH

Key Points

• Caxton Associates LLP has acquired 18,222 shares of Wyndham Hotels & Resorts, valued at approximately $1,649,000, as part of its new position disclosed in a Form 13F filing.
• Several hedge funds have recently increased or established stakes in Wyndham Hotels & Resorts, with institutional investors now owning 93.46% of the company’s stock.
• Wyndham Hotels & Resorts announced a quarterly dividend of $0.41 per share, yielding 1.9%, set to be paid on September 30th.

Caxton Associates LLP bought a new stake in shares of Wyndham Hotels & Resorts (NYSE:WH - Free Report) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 18,222 shares of the company's stock, valued at approximately $1,649,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Samlyn Capital LLC increased its holdings in Wyndham Hotels & Resorts by 144.7% during the first quarter. Samlyn Capital LLC now owns 661,554 shares of the company's stock valued at $59,877,000 after buying an additional 391,181 shares during the last quarter. Petrus Trust Company LTA purchased a new stake in Wyndham Hotels & Resorts during the first quarter valued at approximately $325,000. Integrated Wealth Concepts LLC increased its holdings in Wyndham Hotels & Resorts by 34.3% during the first quarter. Integrated Wealth Concepts LLC now owns 4,622 shares of the company's stock valued at $418,000 after buying an additional 1,181 shares during the last quarter. KADENSA CAPITAL Ltd purchased a new stake in Wyndham Hotels & Resorts during the first quarter valued at approximately $2,531,000. Finally, Gotham Asset Management LLC increased its holdings in Wyndham Hotels & Resorts by 24.7% during the first quarter. Gotham Asset Management LLC now owns 186,356 shares of the company's stock valued at $16,867,000 after buying an additional 36,934 shares during the last quarter. 93.46% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have commented on the stock. Barclays upped their target price 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. Robert W. Baird increased their price objective on shares of Wyndham Hotels & Resorts from $98.00 to $99.00 and gave the stock an "outperform" rating in a research note on Friday, July 25th. Truist Financial raised 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. 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 objective on the stock. Finally, Morgan Stanley restated 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 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 a consensus rating of "Moderate Buy" and an average price target of $106.98.

Wyndham Hotels & Resorts Price Performance

WH stock traded down $2.61 during trading on Friday, hitting $85.85. 822,558 shares of the company's stock traded hands, compared to its average volume of 758,763. The business has a fifty day simple moving average of $87.13 and a 200 day simple moving average of $86.81. The stock has a market capitalization of $6.56 billion, a price-to-earnings ratio of 20.06, a P/E/G ratio of 1.56 and a beta of 0.93. The company has a debt-to-equity ratio of 4.44, a quick ratio of 1.03 and a current ratio of 1.03. Wyndham Hotels & Resorts has a 52 week low of $76.65 and a 52 week high of $113.07.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last released its earnings results on Wednesday, July 23rd. The company reported $1.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.16 by $0.17. The firm had revenue of $397.00 million during 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 business's revenue was up 8.2% on a year-over-year basis. During the same quarter last year, the business earned $1.13 EPS. Wyndham Hotels & Resorts has set its FY 2025 guidance at 4.600-4.780 EPS. As a group, research analysts expect that Wyndham Hotels & Resorts will post 4.79 EPS for the current fiscal year.

Wyndham Hotels & Resorts Announces Dividend

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