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 acquired a new stake in shares of Wyndham Hotels & Resorts (NYSE:WH - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 18,554 shares of the company's stock, valued at approximately $1,679,000.

Other hedge funds also recently made changes to their positions in the company. Bank Pictet & Cie Europe AG acquired a new stake in shares of Wyndham Hotels & Resorts during the 4th quarter valued at approximately $201,000. First Trust Advisors LP bought a new stake in Wyndham Hotels & Resorts during the fourth quarter valued at $922,000. Stifel Financial Corp raised its holdings in shares of Wyndham Hotels & Resorts by 3.3% during the fourth quarter. Stifel Financial Corp now owns 31,679 shares of the company's stock worth $3,193,000 after purchasing an additional 1,014 shares during the period. Coldstream Capital Management Inc. lifted its position in shares of Wyndham Hotels & Resorts by 4.0% in the 4th quarter. Coldstream Capital Management Inc. now owns 5,042 shares of the company's stock worth $508,000 after buying an additional 195 shares during the last quarter. Finally, Quarry LP bought a new position in shares of Wyndham Hotels & Resorts in the 4th quarter worth about $41,000. Institutional investors and hedge funds own 93.46% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on WH shares. 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 for the company. Truist Financial upped their target price on Wyndham Hotels & Resorts from $100.00 to $101.00 and gave the company a "buy" rating in a report on Friday, July 25th. Robert W. Baird increased their price target on Wyndham Hotels & Resorts from $98.00 to $99.00 and gave the stock an "outperform" rating in a research report on Friday, July 25th. 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. Finally, Barclays upped their price objective on Wyndham Hotels & Resorts from $100.00 to $101.00 and gave the stock an "overweight" rating in a research note on Friday, July 25th. Eleven analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $106.98.

Wyndham Hotels & Resorts Stock Performance

WH stock traded down $0.92 on Monday, reaching $86.65. The company's stock had a trading volume of 765,725 shares, compared to its average volume of 775,047. Wyndham Hotels & Resorts has a 52 week low of $75.91 and a 52 week high of $113.07. The company has a debt-to-equity ratio of 4.44, a current ratio of 1.03 and a quick ratio of 1.03. The company has a market capitalization of $6.62 billion, a P/E ratio of 20.24, a price-to-earnings-growth ratio of 1.52 and a beta of 0.94. The firm has a fifty day moving average of $86.20 and a two-hundred day moving average of $88.10.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last announced its earnings results on Wednesday, July 23rd. The company reported $1.33 earnings per share for the quarter, beating the consensus estimate of $1.16 by $0.17. Wyndham Hotels & Resorts had a return on equity of 60.79% and a net margin of 23.10%.The firm had revenue of $397.00 million for the quarter, compared to the consensus estimate of $384.69 million. During the same quarter in the previous year, the business earned $1.13 EPS. The firm'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. As a group, analysts predict that Wyndham Hotels & Resorts will post 4.79 EPS for the current fiscal 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 dividend of $0.41 per share. 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 presently 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.