Charles Schwab Investment Management Inc. Has $67 Million Stock Holdings in Wyndham Hotels & Resorts $WH

Key Points

• Charles Schwab Investment Management increased its holdings in Wyndham Hotels & Resorts by 1.0% during Q1, owning 740,217 shares valued at approximately $67 million.
• Wyndham Hotels & Resorts recently announced a quarterly dividend of $0.41 per share, representing an annual yield of 1.9% with a payout ratio of 38.32%.
• Analysts have varying target prices for Wyndham Hotels & Resorts, with a consensus target price of $106.98 and a current rating of "Moderate Buy."

Charles Schwab Investment Management Inc. lifted its stake in shares of Wyndham Hotels & Resorts (NYSE:WH - Free Report) by 1.0% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 740,217 shares of the company's stock after purchasing an additional 7,507 shares during the quarter. Charles Schwab Investment Management Inc. owned about 0.96% of Wyndham Hotels & Resorts worth $66,997,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of WH. Commerce Bank lifted its position in shares of Wyndham Hotels & Resorts by 2,247.5% during the 1st quarter. Commerce Bank now owns 204,892 shares of the company's stock valued at $18,545,000 after acquiring an additional 196,164 shares during the last quarter. Natixis Advisors LLC grew its stake in Wyndham Hotels & Resorts by 4.3% during the 1st quarter. Natixis Advisors LLC now owns 37,590 shares of the company's stock valued at $3,402,000 after acquiring an additional 1,551 shares in the last quarter. Vestcor Inc increased its holdings in shares of Wyndham Hotels & Resorts by 82.4% in the 1st quarter. Vestcor Inc now owns 6,200 shares of the company's stock valued at $561,000 after purchasing an additional 2,800 shares during the period. XTX Topco Ltd acquired a new stake in shares of Wyndham Hotels & Resorts during the first quarter worth approximately $620,000. Finally, Fiera Capital Corp purchased a new position in Wyndham Hotels & Resorts during the first quarter valued at approximately $22,073,000. Institutional investors own 93.46% of the company's stock.

Wyndham Hotels & Resorts Price Performance

Shares of NYSE WH traded down $0.58 during trading on Monday, reaching $87.33. The company had a trading volume of 279,522 shares, compared to its average volume of 1,038,643. Wyndham Hotels & Resorts has a 52 week low of $75.08 and a 52 week high of $113.07. The company has a debt-to-equity ratio of 4.44, a quick ratio of 1.03 and a current ratio of 1.03. The business's 50 day moving average price is $84.87 and its 200-day moving average price is $89.47. The stock has a market cap of $6.67 billion, a PE ratio of 20.40, a PEG ratio of 1.55 and a beta of 0.99.

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 for the quarter, topping analysts' consensus estimates of $1.16 by $0.17. The company 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 firm's quarterly revenue was up 8.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.13 earnings per share. Analysts expect that Wyndham Hotels & Resorts will post 4.79 earnings per share for the current year.

Wyndham Hotels & Resorts Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be paid 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 38.32%.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. Robert W. Baird increased their price objective on Wyndham Hotels & Resorts from $98.00 to $99.00 and gave the stock an "outperform" rating in a report on Friday, July 25th. JPMorgan Chase & Co. started coverage on Wyndham Hotels & Resorts in a research note on Monday, June 23rd. They set an "overweight" rating and a $101.00 target price for the company. Morgan Stanley restated an "overweight" rating and issued a $105.00 price objective on shares of Wyndham Hotels & Resorts in a research note on Tuesday, July 15th. Truist Financial increased 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, Barclays lifted their price objective on Wyndham Hotels & Resorts from $100.00 to $101.00 and gave the company an "overweight" rating in a report on Friday, July 25th. Two investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat.com, Wyndham Hotels & Resorts currently has a consensus 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.