LPL Financial LLC Has $2.46 Million Position in Wyndham Hotels & Resorts $WH

Key Points

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LPL Financial LLC increased its position in shares of Wyndham Hotels & Resorts (NYSE:WH - Free Report) by 45.8% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 27,149 shares of the company's stock after purchasing an additional 8,527 shares during the quarter. LPL Financial LLC's holdings in Wyndham Hotels & Resorts were worth $2,457,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Bank Pictet & Cie Europe AG acquired a new stake in Wyndham Hotels & Resorts in the fourth quarter worth $201,000. Wells Fargo & Company MN increased its position in Wyndham Hotels & Resorts by 4.9% in 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 period. Renaissance Technologies LLC increased its position in Wyndham Hotels & Resorts by 103.7% in the fourth quarter. Renaissance Technologies LLC now owns 50,100 shares of the company's stock worth $5,050,000 after buying an additional 25,500 shares during the period. Raymond James Financial Inc. acquired a new stake in Wyndham Hotels & Resorts in the fourth quarter worth $8,462,000. Finally, Barclays PLC increased its position in Wyndham Hotels & Resorts by 42.6% in the fourth quarter. Barclays PLC now owns 139,499 shares of the company's stock worth $14,060,000 after buying an additional 41,693 shares during the period. 93.46% of the stock is currently owned by institutional investors.

Wyndham Hotels & Resorts Stock Down 1.7%

NYSE WH traded down $1.5160 during trading on Wednesday, reaching $86.4340. 658,171 shares of the company's stock were exchanged, compared to its average volume of 1,036,720. Wyndham Hotels & Resorts has a fifty-two week low of $75.30 and a fifty-two week high of $113.07. The firm has a market capitalization of $6.60 billion, a PE ratio of 20.19, a P/E/G ratio of 1.54 and a beta of 0.99. 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 company's fifty day simple moving average is $85.06 and its 200-day simple moving average is $89.33.

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 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 the consensus estimate of $384.69 million. During the same period last year, the business earned $1.13 EPS. The business's quarterly 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. Sell-side analysts predict that Wyndham Hotels & Resorts will post 4.79 EPS for the current year.

Wyndham Hotels & Resorts Dividend Announcement

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

Analysts Set New Price Targets

Several brokerages have weighed in on WH. Barclays increased their target price on Wyndham Hotels & Resorts from $100.00 to $101.00 and gave the stock an "overweight" rating in a research report on Friday, July 25th. Truist Financial increased their target price on Wyndham Hotels & Resorts from $100.00 to $101.00 and gave the stock a "buy" rating in a research report on Friday, July 25th. Morgan Stanley reaffirmed an "overweight" rating and issued a $105.00 target price on shares of Wyndham Hotels & Resorts in a research report on Tuesday, July 15th. JPMorgan Chase & Co. assumed coverage on Wyndham Hotels & Resorts in a research report on Monday, June 23rd. They issued an "overweight" rating and a $101.00 target price on the stock. Finally, Robert W. Baird raised their price target on Wyndham Hotels & Resorts from $98.00 to $99.00 and gave the company an "outperform" rating in a report on Friday, July 25th. Eleven analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus 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.