Hsbc Holdings PLC Invests $3.66 Million in Wyndham Hotels & Resorts $WH

Key Points

• Hsbc Holdings PLC invested approximately $3.66 million in Wyndham Hotels & Resorts by acquiring 40,984 shares, representing about 0.05% ownership in the company.
• Wyndham Hotels & Resorts reported a net margin of 23.10% and $1.33 earnings per share, surpassing analysts' expectations of $1.16.
• Wall Street analysts have a consensus rating of "Moderate Buy" on Wyndham's stock, with an average price target of $106.98.

Hsbc Holdings PLC purchased a new stake in Wyndham Hotels & Resorts (NYSE:WH - Free Report) during the first quarter, according to its most recent disclosure with the SEC. The firm purchased 40,984 shares of the company's stock, valued at approximately $3,656,000. Hsbc Holdings PLC owned approximately 0.05% of Wyndham Hotels & Resorts at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Janney Capital Management LLC purchased a new position in Wyndham Hotels & Resorts in the 1st quarter valued at about $428,000. Man Group plc purchased a new position in Wyndham Hotels & Resorts in the 4th quarter valued at about $339,000. Generate Investment Management Ltd purchased a new position in Wyndham Hotels & Resorts in the 1st quarter valued at about $6,258,000. USA Financial Formulas purchased a new position in Wyndham Hotels & Resorts in the 1st quarter valued at about $314,000. Finally, NBC Securities Inc. lifted its stake in Wyndham Hotels & Resorts by 133,933.3% in the 1st quarter. NBC Securities Inc. now owns 4,021 shares of the company's stock valued at $363,000 after buying an additional 4,018 shares in the last quarter. 93.46% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

WH has been the topic of a number of research reports. Morgan Stanley reaffirmed an "overweight" rating and issued a $105.00 price target on shares of Wyndham Hotels & Resorts in a research note on Tuesday, July 15th. Barclays raised their price target on shares of Wyndham Hotels & Resorts from $100.00 to $101.00 and gave the company an "overweight" rating in a research note on Friday, July 25th. JPMorgan Chase & Co. began 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 target on the stock. Robert W. Baird raised their target price 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, Truist Financial raised their target price 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. Eleven investment 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 stock currently has a consensus rating of "Moderate Buy" and an average price target of $106.98.

Wyndham Hotels & Resorts Trading Up 0.3%

WH opened at $87.77 on Wednesday. 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's 50 day simple moving average is $85.72 and its two-hundred day simple moving average is $88.66. Wyndham Hotels & Resorts has a 1-year low of $75.91 and a 1-year high of $113.07. The firm 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 released its earnings results on Wednesday, July 23rd. The company reported $1.33 earnings per share for the quarter, topping analysts' consensus estimates 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 for the quarter, compared to analyst estimates of $384.69 million. During the same period last year, the company posted $1.13 EPS. The business's 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. Analysts expect that Wyndham Hotels & Resorts will post 4.79 EPS for the current fiscal year.

Wyndham Hotels & Resorts Dividend Announcement

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

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.

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