Graham Capital Management L.P. Takes Position in Wyndham Hotels & Resorts $WH

Key Points

• Graham Capital Management L.P. has made a new investment of approximately $2.01 million in Wyndham Hotels & Resorts by acquiring 22,251 shares.
• Wyndham Hotels & Resorts reported a quarterly earnings per share (EPS) of $1.33, exceeding expectations, with a revenue of $397 million for the quarter.
• The company declared a quarterly dividend of $0.41 per share, representing an annual yield of 1.9%, set to be paid on September 30th.

Graham Capital Management L.P. acquired a new position in shares of Wyndham Hotels & Resorts (NYSE:WH - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 22,251 shares of the company's stock, valued at approximately $2,014,000.

Several other hedge funds also recently modified their holdings of WH. Quarry LP raised its position in shares of Wyndham Hotels & Resorts by 34.5% in the first quarter. Quarry LP now owns 542 shares of the company's stock valued at $49,000 after buying an additional 139 shares during the last quarter. The Manufacturers Life Insurance Company grew its stake in Wyndham Hotels & Resorts by 155.2% in the 1st quarter. The Manufacturers Life Insurance Company now owns 371,823 shares of the company's stock worth $33,654,000 after acquiring an additional 226,146 shares during the period. Magnetar Financial LLC acquired a new position in Wyndham Hotels & Resorts in the first quarter valued at $5,302,000. State of Wyoming lifted its holdings in shares of Wyndham Hotels & Resorts by 261.7% during the 1st quarter. State of Wyoming now owns 2,474 shares of the company's stock worth $224,000 after acquiring an additional 1,790 shares during the period. Finally, Trexquant Investment LP purchased a new position in Wyndham Hotels & Resorts during the first quarter worth approximately $1,093,000. 93.46% of the stock is owned by institutional investors and hedge funds.

Wyndham Hotels & Resorts Price Performance

Shares of NYSE:WH traded up $0.08 during trading hours on Friday, hitting $86.29. 1,053,954 shares of the company's stock traded hands, compared to its average volume of 1,016,996. 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 company has a market cap of $6.59 billion, a price-to-earnings ratio of 20.16, a price-to-earnings-growth ratio of 1.51 and a beta of 0.93. Wyndham Hotels & Resorts has a 52 week low of $75.91 and a 52 week high of $113.07. The company's fifty day simple moving average is $86.72 and its two-hundred day simple moving average is $87.76.

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, topping 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 previous year, the firm earned $1.13 earnings per share. Wyndham Hotels & Resorts's revenue for the quarter 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. As a group, equities analysts anticipate that Wyndham Hotels & Resorts will post 4.79 EPS for the current fiscal year.

Wyndham Hotels & Resorts Announces Dividend

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

Analyst Ratings Changes

A number of equities analysts have recently commented on the company. JPMorgan Chase & Co. initiated coverage on Wyndham Hotels & Resorts in a report on Monday, June 23rd. They issued an "overweight" rating and a $101.00 price objective on the stock. Morgan Stanley restated an "overweight" rating and issued a $105.00 target price on shares of Wyndham Hotels & Resorts in a research note on Tuesday, July 15th. Robert W. Baird lifted 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. Truist Financial increased their price objective on shares of Wyndham Hotels & Resorts from $100.00 to $101.00 and gave the company a "buy" rating in a research note on Friday, July 25th. Finally, Barclays lifted their target price 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 company. Based on data from MarketBeat, the stock presently 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.