Cubist Systematic Strategies LLC Makes New $13.46 Million Investment in Wyndham Hotels & Resorts $WH

Key Points

• Cubist Systematic Strategies LLC has invested approximately $13.46 million in Wyndham Hotels & Resorts, acquiring 148,694 shares, representing 0.19% ownership as of the latest SEC filing.
• Wyndham Hotels & Resorts reported a net margin of 23.10% and a return on equity of 60.79%, with quarterly earnings exceeding analysts' expectations.
• The company declared a quarterly dividend of $0.41 per share, with an annualized yield of 1.9%, set to be paid to shareholders on September 30th.

Cubist Systematic Strategies LLC purchased a new position in Wyndham Hotels & Resorts (NYSE:WH - Free Report) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 148,694 shares of the company's stock, valued at approximately $13,458,000. Cubist Systematic Strategies LLC owned approximately 0.19% of Wyndham Hotels & Resorts as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Xponance Inc. lifted its holdings in shares of Wyndham Hotels & Resorts by 1.3% in the 1st quarter. Xponance Inc. now owns 9,467 shares of the company's stock valued at $857,000 after acquiring an additional 126 shares during the last quarter. Avantax Advisory Services Inc. lifted its holdings in shares of Wyndham Hotels & Resorts by 2.8% in the 1st quarter. Avantax Advisory Services Inc. now owns 5,015 shares of the company's stock valued at $454,000 after acquiring an additional 135 shares during the last quarter. Quarry LP lifted its holdings in shares of Wyndham Hotels & Resorts by 34.5% in the 1st quarter. Quarry LP now owns 542 shares of the company's stock valued at $49,000 after acquiring an additional 139 shares during the last quarter. First Horizon Advisors Inc. lifted its holdings in shares of Wyndham Hotels & Resorts by 36.1% in the 1st quarter. First Horizon Advisors Inc. now owns 626 shares of the company's stock valued at $57,000 after acquiring an additional 166 shares during the last quarter. Finally, State of Michigan Retirement System lifted its holdings in shares of Wyndham Hotels & Resorts by 1.1% in the 1st quarter. State of Michigan Retirement System now owns 18,653 shares of the company's stock valued at $1,688,000 after acquiring an additional 200 shares during the last quarter. Hedge funds and other institutional investors own 93.46% of the company's stock.

Wyndham Hotels & Resorts Trading Up 0.1%

Shares of NYSE:WH traded up $0.08 during trading on Friday, reaching $86.29. 1,053,953 shares of the company were exchanged, compared to its average volume of 1,016,996. The firm has a market capitalization of $6.59 billion, a PE ratio of 20.16, a P/E/G ratio of 1.51 and a beta of 0.93. The business's fifty day simple moving average is $86.72 and its 200-day simple moving average is $87.76. 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 12-month low of $75.91 and a 12-month high of $113.07.

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 for the quarter, compared to analyst estimates of $384.69 million. During the same period last year, the company posted $1.13 earnings per share. Wyndham Hotels & Resorts's revenue was up 8.2% compared to the same quarter last year. Wyndham Hotels & Resorts has set its FY 2025 guidance at 4.600-4.780 EPS. On average, research analysts anticipate that Wyndham Hotels & Resorts will post 4.79 EPS for the current year.

Wyndham Hotels & Resorts Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th will be issued 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 payout ratio is currently 38.32%.

Wall Street Analyst Weigh In

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

Wyndham Hotels & Resorts Company 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.