Jump Financial LLC Takes Position in Wyndham Hotels & Resorts $WH

Key Points

• Jump Financial LLC has acquired a new stake in Wyndham Hotels & Resorts, purchasing 95,424 shares valued at approximately $8.6 million, constituting about 0.12% ownership of the company.
• Wyndham reported earnings of $1.33 EPS for the last quarter, exceeding analysts' expectations by $0.17, with revenues reaching $397 million, an increase of 8.2% compared to the previous year.
• The company has declared a quarterly dividend of $0.41 per share, with an annualized dividend yield of 1.8%, scheduled for payment on September 30th.

Jump Financial LLC acquired a new stake in shares of Wyndham Hotels & Resorts (NYSE:WH - Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 95,424 shares of the company's stock, valued at approximately $8,637,000. Jump Financial LLC owned about 0.12% of Wyndham Hotels & Resorts as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also made changes to their positions in WH. Bank Pictet & Cie Europe AG acquired a new position in shares of Wyndham Hotels & Resorts during the fourth quarter valued at about $201,000. Wells Fargo & Company MN grew its stake in Wyndham Hotels & Resorts by 4.9% during the fourth quarter. Wells Fargo & Company MN now owns 15,246 shares of the company's stock worth $1,537,000 after buying an additional 707 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Wyndham Hotels & Resorts by 2.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,309,177 shares of the company's stock valued at $131,952,000 after purchasing an additional 29,220 shares during the last quarter. First Trust Advisors LP bought a new stake in shares of Wyndham Hotels & Resorts during the fourth quarter valued at approximately $922,000. Finally, Tower Research Capital LLC TRC grew its stake in shares of Wyndham Hotels & Resorts by 56.7% during the fourth quarter. Tower Research Capital LLC TRC now owns 6,935 shares of the company's stock valued at $699,000 after purchasing an additional 2,509 shares during the last quarter. Institutional investors and hedge funds own 93.46% of the company's stock.

Wyndham Hotels & Resorts Stock Performance

Wyndham Hotels & Resorts stock traded down $1.04 during midday trading on Friday, hitting $86.54. The company's stock had a trading volume of 155,517 shares, compared to its average volume of 1,015,924. Wyndham Hotels & Resorts has a 1-year low of $75.91 and a 1-year high of $113.07. 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 has a 50-day moving average price of $86.05 and a two-hundred day moving average price of $88.52. The company has a market cap of $6.61 billion, a price-to-earnings ratio of 20.22, a PEG ratio of 1.56 and a beta of 0.99.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last issued its quarterly earnings data 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. 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 during the quarter, compared to analysts' expectations of $384.69 million. During the same quarter in the previous year, the company earned $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. As a group, sell-side analysts predict that Wyndham Hotels & Resorts will post 4.79 earnings per share for the current year.

Wyndham Hotels & Resorts Dividend Announcement

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 issued a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend is Monday, September 15th. Wyndham Hotels & Resorts's payout ratio is presently 38.32%.

Analysts Set New Price Targets

A number of equities analysts have issued reports on WH shares. Morgan Stanley reaffirmed an "overweight" rating and issued a $105.00 price objective on shares of Wyndham Hotels & Resorts in a research note on Tuesday, July 15th. JPMorgan Chase & Co. initiated 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 objective on the stock. Truist Financial increased 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. Barclays increased 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. Finally, Stifel Nicolaus cut their target price on shares of Wyndham Hotels & Resorts from $121.00 to $102.75 and set a "buy" rating on the stock in a report on Thursday, May 1st. 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 presently has an average 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.