Long Pond Capital LP Purchases Shares of 233,153 Wyndham Hotels & Resorts $WH

Key Points

• Long Pond Capital LP has acquired approximately 233,153 shares of Wyndham Hotels & Resorts, valued at around $21 million, making it the fund's 21st largest holding.
• The company recently recorded an earnings per share of $1.33, exceeding analyst expectations and indicating an 8.2% revenue growth year-over-year.
• Wyndham Hotels & Resorts announced a quarterly dividend of $0.41 per share with a dividend yield of 1.8%, payable on September 30th.

Long Pond Capital LP purchased a new stake in Wyndham Hotels & Resorts (NYSE:WH - Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 233,153 shares of the company's stock, valued at approximately $21,103,000. Wyndham Hotels & Resorts comprises 1.4% of Long Pond Capital LP's holdings, making the stock its 21st largest holding. Long Pond Capital LP owned 0.30% of Wyndham Hotels & Resorts at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Elequin Capital LP bought a new position in shares of Wyndham Hotels & Resorts in the 1st quarter valued at about $29,000. Quarry LP bought a new stake in shares of Wyndham Hotels & Resorts during the 4th quarter worth about $41,000. SVB Wealth LLC bought a new stake in shares of Wyndham Hotels & Resorts during the 1st quarter worth about $46,000. Versant Capital Management Inc boosted its holdings in shares of Wyndham Hotels & Resorts by 139.2% during the 1st quarter. Versant Capital Management Inc now owns 531 shares of the company's stock worth $48,000 after buying an additional 309 shares during the period. Finally, First Horizon Advisors Inc. boosted its holdings in shares of Wyndham Hotels & Resorts by 36.1% during the 1st quarter. First Horizon Advisors Inc. now owns 626 shares of the company's stock worth $57,000 after buying an additional 166 shares during the period. 93.46% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on WH. Stifel Nicolaus cut their price objective on shares of Wyndham Hotels & Resorts from $121.00 to $102.75 and set a "buy" rating for the company in a report on Thursday, May 1st. Morgan Stanley reissued an "overweight" rating and set a $105.00 target price on shares of Wyndham Hotels & Resorts in a report on Tuesday, July 15th. Robert W. Baird boosted 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. Barclays boosted 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, JPMorgan Chase & Co. assumed 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. Eleven analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, Wyndham Hotels & Resorts has a consensus rating of "Moderate Buy" and a consensus target price of $106.98.

Wyndham Hotels & Resorts Stock Up 2.6%

Shares of NYSE WH opened at $88.8630 on Monday. The firm has a market cap of $6.79 billion, a PE ratio of 20.76, a P/E/G ratio of 1.57 and a beta of 0.99. Wyndham Hotels & Resorts has a 12-month low of $75.91 and a 12-month high of $113.07. The company's fifty day simple moving average is $85.42 and its 200 day simple moving average is $88.81. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 4.44.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last released 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. The firm had revenue of $397.00 million for the quarter, compared to the consensus estimate of $384.69 million. Wyndham Hotels & Resorts had a net margin of 23.10% and a return on equity of 60.79%. The business's revenue was up 8.2% on a year-over-year basis. During the same quarter in the prior year, the company 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 fiscal year.

Wyndham Hotels & Resorts Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be given a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date is Monday, September 15th. Wyndham Hotels & Resorts's dividend payout ratio (DPR) is 38.32%.

About Wyndham Hotels & Resorts

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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