Hsbc Holdings PLC Makes New Investment 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 acquired a new position in Wyndham Hotels & Resorts (NYSE:WH - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 40,984 shares of the company's stock, valued at approximately $3,656,000. Hsbc Holdings PLC owned about 0.05% of Wyndham Hotels & Resorts at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Elequin Capital LP bought a new position in Wyndham Hotels & Resorts in the 1st quarter worth approximately $29,000. Quarry LP bought a new position in Wyndham Hotels & Resorts in the 4th quarter worth approximately $41,000. Versant Capital Management Inc raised its position in Wyndham Hotels & Resorts by 139.2% in 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 last quarter. First Horizon Advisors Inc. raised its position in Wyndham Hotels & Resorts by 36.1% in 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 last quarter. Finally, State of Wyoming acquired a new position in Wyndham Hotels & Resorts in the fourth quarter valued at approximately $69,000. Institutional investors own 93.46% of the company's stock.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. Barclays increased their price objective 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. JPMorgan Chase & Co. assumed coverage on shares of Wyndham Hotels & Resorts in a report on Monday, June 23rd. They issued an "overweight" rating and a $101.00 price objective on the stock. Robert W. Baird increased their price objective on shares of Wyndham Hotels & Resorts from $98.00 to $99.00 and gave the company an "outperform" rating in a report on Friday, July 25th. Morgan Stanley restated an "overweight" rating and issued a $105.00 price objective on shares of Wyndham Hotels & Resorts in a report on Tuesday, July 15th. Finally, 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 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, Wyndham Hotels & Resorts has an average rating of "Moderate Buy" and a consensus price target of $106.98.

Wyndham Hotels & Resorts Stock Down 1.1%

NYSE:WH traded down $0.92 during trading hours on Monday, reaching $86.65. 765,725 shares of the stock were exchanged, compared to its average volume of 775,047. The stock has a market cap of $6.62 billion, a PE ratio of 20.24, a PEG ratio of 1.52 and a beta of 0.94. Wyndham Hotels & Resorts has a twelve month low of $75.91 and a twelve month high of $113.07. The firm has a 50 day moving average of $86.34 and a 200 day moving average of $87.94. The company has a debt-to-equity ratio of 4.44, a current ratio of 1.03 and a quick ratio of 1.03.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last posted its quarterly earnings results on Wednesday, July 23rd. The company reported $1.33 earnings per share for the quarter, topping the consensus estimate of $1.16 by $0.17. The firm had revenue of $397.00 million for the quarter, compared to analyst estimates of $384.69 million. Wyndham Hotels & Resorts had a return on equity of 60.79% and a net margin of 23.10%.The business's quarterly revenue was up 8.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.13 EPS. Wyndham Hotels & Resorts has set its FY 2025 guidance at 4.600-4.780 EPS. On average, equities analysts expect that Wyndham Hotels & Resorts will post 4.79 earnings per share for the current year.

Wyndham Hotels & Resorts Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th will be given 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 dividend yield of 1.9%. Wyndham Hotels & Resorts's payout ratio is 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.