Jump Financial LLC Purchases Shares of 95,424 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 position in Wyndham Hotels & Resorts (NYSE:WH - Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 95,424 shares of the company's stock, valued at approximately $8,637,000. Jump Financial LLC owned 0.12% of Wyndham Hotels & Resorts at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in WH. Nuveen LLC acquired a new position in shares of Wyndham Hotels & Resorts during the first quarter valued at $70,353,000. Freestone Grove Partners LP purchased a new position in Wyndham Hotels & Resorts during the 4th quarter valued at about $54,738,000. Interval Partners LP purchased a new position in Wyndham Hotels & Resorts during the 4th quarter valued at about $31,991,000. Balyasny Asset Management L.P. purchased a new position in Wyndham Hotels & Resorts during the 4th quarter valued at about $29,846,000. Finally, Fiera Capital Corp purchased a new position in Wyndham Hotels & Resorts during the 1st quarter valued at about $22,073,000. Institutional investors and hedge funds own 93.46% of the company's stock.

Wyndham Hotels & Resorts Stock Performance

WH traded down $1.15 on Thursday, hitting $87.56. The company had a trading volume of 585,217 shares, compared to its average volume of 1,021,330. Wyndham Hotels & Resorts has a 1-year low of $75.91 and a 1-year high of $113.07. The stock has a market cap of $6.69 billion, a price-to-earnings ratio of 20.46, a price-to-earnings-growth ratio of 1.54 and a beta of 0.99. The company's fifty day moving average price is $85.89 and its 200 day moving average price is $88.66. 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 issued its quarterly earnings results on Wednesday, July 23rd. The company reported $1.33 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 during the quarter, compared to analyst estimates of $384.69 million. During the same period in the previous year, the company earned $1.13 earnings per share. The company's quarterly revenue 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. Equities analysts predict that Wyndham Hotels & Resorts will post 4.79 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Dividend Announcement

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

Wall Street Analysts Forecast Growth

WH has been the topic of several research analyst reports. Stifel Nicolaus lowered their target price on Wyndham Hotels & Resorts from $121.00 to $102.75 and set a "buy" rating on the stock in a research note on Thursday, May 1st. Truist Financial lifted their target price on Wyndham Hotels & Resorts from $100.00 to $101.00 and gave the company a "buy" rating in a research note on Friday, July 25th. Barclays lifted their target price on Wyndham Hotels & Resorts from $100.00 to $101.00 and gave the company an "overweight" rating in a research note on Friday, July 25th. Morgan Stanley reissued an "overweight" rating and issued a $105.00 price target on shares of Wyndham Hotels & Resorts in a research note on Tuesday, July 15th. Finally, JPMorgan Chase & Co. assumed coverage on Wyndham Hotels & Resorts in a research note on Monday, June 23rd. They issued an "overweight" rating and a $101.00 price target for the company. Eleven research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock currently 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.