Invesco Ltd. Lowers Holdings in Wyndham Hotels & Resorts $WH

Key Points

• Invesco Ltd. has reduced its stake in Wyndham Hotels & Resorts by 11.8%, selling 190,498 shares and ending the quarter with 1,424,477 shares, representing approximately 1.85% of the company.
• The latest analyst ratings for Wyndham Hotels & Resorts indicate a consensus of "Moderate Buy" with a consensus price target of $106.98, as several firms raised their price targets while maintaining buy ratings.
• Wyndham Hotels & Resorts reported a quarterly EPS of $1.33, surpassing estimates, and announced a $0.41 quarterly dividend to be paid on September 30th, highlighting its strong financial performance.

Invesco Ltd. reduced its holdings in shares of Wyndham Hotels & Resorts (NYSE:WH - Free Report) by 11.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,424,477 shares of the company's stock after selling 190,498 shares during the period. Invesco Ltd. owned about 1.85% of Wyndham Hotels & Resorts worth $128,929,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Quarry LP bought a new position in shares of Wyndham Hotels & Resorts in the fourth quarter worth approximately $41,000. Versant Capital Management Inc grew its holdings in shares of Wyndham Hotels & Resorts by 139.2% in the first 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. grew its holdings in shares of Wyndham Hotels & Resorts by 36.1% in the first 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. State of Wyoming bought a new position in shares of Wyndham Hotels & Resorts in the fourth quarter worth approximately $69,000. Finally, UMB Bank n.a. grew its holdings in shares of Wyndham Hotels & Resorts by 102.3% in the first quarter. UMB Bank n.a. now owns 807 shares of the company's stock worth $73,000 after purchasing an additional 408 shares during the last quarter. 93.46% of the stock is currently owned by institutional investors.

Wyndham Hotels & Resorts Stock Up 0.8%

Wyndham Hotels & Resorts stock traded up $0.6750 on Tuesday, hitting $88.3650. 98,795 shares of the stock traded hands, compared to its average volume of 1,035,683. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 4.44. The firm has a market cap of $6.75 billion, a P/E ratio of 20.65, a price-to-earnings-growth ratio of 1.55 and a beta of 0.99. The business's fifty day simple moving average is $84.97 and its 200 day simple moving average is $89.34. Wyndham Hotels & Resorts has a 1 year low of $75.08 and a 1 year high of $113.07.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last announced its quarterly earnings data on Wednesday, July 23rd. The company reported $1.33 EPS for the quarter, beating the consensus estimate of $1.16 by $0.17. The business had revenue of $397.00 million during 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 company's revenue for the quarter was up 8.2% on a year-over-year basis. During the same quarter last year, the firm posted $1.13 earnings per share. Wyndham Hotels & Resorts has set its FY 2025 guidance at 4.600-4.780 EPS. As a group, sell-side analysts forecast that Wyndham Hotels & Resorts will post 4.79 earnings per share for the current year.

Wyndham Hotels & Resorts Announces Dividend

The company also recently disclosed 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 yield of 1.9%. Wyndham Hotels & Resorts's dividend payout ratio (DPR) is currently 38.32%.

Analyst Ratings Changes

Several research analysts have recently issued reports on WH shares. Barclays raised their target price on shares of Wyndham Hotels & Resorts from $100.00 to $101.00 and gave the stock an "overweight" rating in a report on Friday, July 25th. 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 report on Friday, July 25th. 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 report on Friday, July 25th. JPMorgan Chase & Co. started coverage on shares of Wyndham Hotels & Resorts in a report on Monday, June 23rd. They issued an "overweight" rating and a $101.00 target price on the stock. Finally, Stifel Nicolaus dropped their price target on Wyndham Hotels & Resorts from $121.00 to $102.75 and set a "buy" rating for the company in a research note on Thursday, May 1st. Eleven research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target 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.