Wyndham Hotels & Resorts $WH Holdings Raised by Gotham Asset Management LLC

Key Points

• Gotham Asset Management LLC increased its stake in Wyndham Hotels & Resorts by 24.7% in Q1, owning approximately $16.87 million worth of shares.
• The company reported $1.33 EPS for the latest quarter, surpassing analysts' expectations of $1.16, with revenues of $397 million and an 8.2% year-over-year growth.
• Wyndham Hotels & Resorts announced a quarterly dividend of $0.41 per share, translating to an annualized yield of 1.9%.

Gotham Asset Management LLC lifted its position in shares of Wyndham Hotels & Resorts (NYSE:WH - Free Report) by 24.7% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 186,356 shares of the company's stock after purchasing an additional 36,934 shares during the quarter. Gotham Asset Management LLC owned about 0.24% of Wyndham Hotels & Resorts worth $16,867,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of WH. Elequin Capital LP purchased a new stake in shares of Wyndham Hotels & Resorts during the 1st quarter worth about $29,000. SVB Wealth LLC purchased a new stake in shares of Wyndham Hotels & Resorts during the 1st quarter worth about $46,000. Versant Capital Management Inc grew its holdings in shares of Wyndham Hotels & Resorts by 139.2% during the 1st quarter. Versant Capital Management Inc now owns 531 shares of the company's stock worth $48,000 after purchasing an additional 309 shares during the period. Quarry LP grew its holdings in shares of Wyndham Hotels & Resorts by 34.5% during the 1st quarter. Quarry LP now owns 542 shares of the company's stock worth $49,000 after purchasing an additional 139 shares during the period. Finally, First Horizon Advisors Inc. grew its holdings in shares of Wyndham Hotels & Resorts by 36.1% during the 1st quarter. First Horizon Advisors Inc. now owns 626 shares of the company's stock worth $57,000 after purchasing an additional 166 shares during the period. Hedge funds and other institutional investors own 93.46% of the company's stock.

Analysts Set New Price Targets

Several equities analysts recently commented on the company. Morgan Stanley reissued an "overweight" rating and set a $105.00 price target on shares of Wyndham Hotels & Resorts in a research report on Tuesday, July 15th. JPMorgan Chase & Co. assumed coverage on Wyndham Hotels & Resorts in a research report on Monday, June 23rd. They set an "overweight" rating and a $101.00 price target on the stock. Robert W. Baird boosted 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. Truist Financial boosted their price target on 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 boosted their price target on Wyndham Hotels & Resorts from $100.00 to $101.00 and gave the stock an "overweight" rating in a research report on Friday, July 25th. Eleven investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $106.98.

Wyndham Hotels & Resorts Stock Down 0.7%

Shares of WH traded down $0.64 during trading on Tuesday, reaching $87.27. The company's stock had a trading volume of 695,561 shares, compared to its average volume of 1,014,099. The company has a fifty day moving average of $86.94 and a two-hundred day moving average of $87.10. Wyndham Hotels & Resorts has a twelve month low of $75.91 and a twelve month high of $113.07. The company has a market cap of $6.66 billion, a price-to-earnings ratio of 20.39, a P/E/G ratio of 1.52 and a beta of 0.94. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 4.44.

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 (EPS) for the quarter, beating analysts' consensus estimates 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 company had revenue of $397.00 million for the quarter, compared to analyst estimates of $384.69 million. During the same period in the prior year, the company posted $1.13 EPS. Wyndham Hotels & Resorts'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. On average, sell-side analysts predict that Wyndham Hotels & Resorts will post 4.79 EPS for the current fiscal year.

Wyndham Hotels & Resorts Announces Dividend

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

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.