FORA Capital LLC Invests $1.68 Million in Wyndham Hotels & Resorts $WH

Key Points

• FORA Capital LLC invested approximately $1.68 million in Wyndham Hotels & Resorts by purchasing 18,554 shares in the first quarter.
• The company's stock was up 0.3%, trading at $87.77, and has a market capitalization of $6.70 billion.
• Wyndham Hotels & Resorts announced a quarterly dividend of $0.41, with an annualized yield of 1.9% set to be paid on September 30th.

FORA Capital LLC purchased 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 SEC. The firm purchased 18,554 shares of the company's stock, valued at approximately $1,679,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Janney Capital Management LLC acquired a new position in Wyndham Hotels & Resorts in the 1st quarter worth $428,000. Man Group plc acquired a new position in shares of Wyndham Hotels & Resorts in the fourth quarter worth about $339,000. Generate Investment Management Ltd acquired a new position in shares of Wyndham Hotels & Resorts in the first quarter worth about $6,258,000. USA Financial Formulas purchased a new position in Wyndham Hotels & Resorts in the first quarter valued at about $314,000. Finally, NBC Securities Inc. grew its stake in Wyndham Hotels & Resorts by 133,933.3% during the 1st quarter. NBC Securities Inc. now owns 4,021 shares of the company's stock valued at $363,000 after purchasing an additional 4,018 shares in the last quarter. Hedge funds and other institutional investors own 93.46% of the company's stock.

Wyndham Hotels & Resorts Stock Up 0.3%

Shares of NYSE:WH opened at $87.77 on Wednesday. The company's fifty day moving average is $85.72 and its two-hundred day moving average is $88.66. 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 1-year low of $75.91 and a 1-year high of $113.07. The stock has a market capitalization of $6.70 billion, a price-to-earnings ratio of 20.51, a price-to-earnings-growth ratio of 1.54 and a beta of 0.99.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last posted its quarterly earnings results on Wednesday, July 23rd. The company reported $1.33 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 business had revenue of $397.00 million during the quarter, compared to analyst estimates of $384.69 million. During the same period in the previous year, the business posted $1.13 EPS. The company's quarterly revenue 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. Equities analysts anticipate that Wyndham Hotels & Resorts will post 4.79 EPS for the current year.

Wyndham Hotels & Resorts Dividend Announcement

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

Analyst Ratings Changes

WH has been the topic of a number of recent analyst reports. Morgan Stanley reaffirmed an "overweight" rating and issued a $105.00 target price on shares of Wyndham Hotels & Resorts in a research report on Tuesday, July 15th. Truist Financial lifted 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 note on Friday, July 25th. Barclays upped 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. 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 report on Friday, July 25th. Finally, JPMorgan Chase & Co. assumed coverage on shares of Wyndham Hotels & Resorts in a research note on Monday, June 23rd. They issued an "overweight" rating and a $101.00 target price on the stock. Eleven research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target 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.

Want to see what other hedge funds are holding WH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Wyndham Hotels & Resorts (NYSE:WH - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.