Perbak Capital Partners LLP Invests $274,000 in Wyndham Hotels & Resorts $WH

Key Points

• Perbak Capital Partners LLP acquired a new stake in Wyndham Hotels & Resorts during the first quarter, purchasing 3,030 shares valued at approximately $274,000.
• The company recently reported a quarterly earnings of $1.33 per share, exceeding analyst estimates, with revenue of $397 million, a year-on-year increase of 8.2%.
• Wyndham Hotels & Resorts declared a quarterly dividend of $0.41 per share, with a dividend yield of 1.9%, to be paid on September 30th.

Perbak Capital Partners LLP 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 (SEC). The institutional investor purchased 3,030 shares of the company's stock, valued at approximately $274,000.

Several other large investors have also modified their holdings of the business. Burgundy Asset Management Ltd. grew its position in shares of Wyndham Hotels & Resorts by 3.0% in the first quarter. Burgundy Asset Management Ltd. now owns 2,369,461 shares of the company's stock valued at $214,460,000 after purchasing an additional 68,172 shares during the last quarter. Bessemer Group Inc. grew its position in shares of Wyndham Hotels & Resorts by 1.7% in the first quarter. Bessemer Group Inc. now owns 1,356,605 shares of the company's stock valued at $122,786,000 after purchasing an additional 22,990 shares during the last quarter. Bank of New York Mellon Corp grew its position in shares of Wyndham Hotels & Resorts by 3.1% in the first quarter. Bank of New York Mellon Corp now owns 878,295 shares of the company's stock valued at $79,494,000 after purchasing an additional 26,321 shares during the last quarter. Nuveen LLC acquired a new stake in shares of Wyndham Hotels & Resorts in the first quarter valued at approximately $70,353,000. Finally, Charles Schwab Investment Management Inc. grew its position in shares of Wyndham Hotels & Resorts by 1.0% in the first quarter. Charles Schwab Investment Management Inc. now owns 740,217 shares of the company's stock valued at $66,997,000 after purchasing an additional 7,507 shares during the last quarter. 93.46% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

WH has been the topic of several research reports. JPMorgan Chase & Co. initiated coverage on shares of Wyndham Hotels & Resorts in a research report on Monday, June 23rd. They issued an "overweight" rating and a $101.00 price target on the stock. Morgan Stanley reissued an "overweight" rating and set a $105.00 price objective on shares of Wyndham Hotels & Resorts in a research note on Tuesday, July 15th. Barclays upped their price objective on shares of Wyndham Hotels & Resorts from $100.00 to $101.00 and gave the company an "overweight" rating in a research note on Friday, July 25th. Robert W. Baird upped their price objective on shares of Wyndham Hotels & Resorts from $98.00 to $99.00 and gave the company an "outperform" rating in a research note on Friday, July 25th. Finally, Truist Financial upped their price objective on shares of Wyndham Hotels & Resorts from $100.00 to $101.00 and gave the company a "buy" rating in a research note on Friday, July 25th. Eleven equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $106.98.

Wyndham Hotels & Resorts Stock Up 0.1%

Wyndham Hotels & Resorts stock traded up $0.08 during midday trading on Friday, hitting $86.29. 1,053,954 shares of the stock were exchanged, compared to its average volume of 723,422. Wyndham Hotels & Resorts has a 1 year low of $75.91 and a 1 year high of $113.07. The firm has a market cap of $6.59 billion, a P/E ratio of 20.16, a P/E/G ratio of 1.52 and a beta of 0.93. 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 $86.80 and a two-hundred day moving average price of $87.58.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last released its quarterly earnings results on Wednesday, July 23rd. The company reported $1.33 earnings per share (EPS) 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 firm had revenue of $397.00 million for the quarter, compared to the consensus estimate of $384.69 million. During the same quarter in the previous year, the firm posted $1.13 EPS. The firm'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. On average, sell-side analysts predict that Wyndham Hotels & Resorts will post 4.79 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Announces Dividend

The business also recently announced 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. The ex-dividend date of this dividend is Monday, September 15th. This represents a $1.64 annualized dividend and a dividend yield of 1.9%. Wyndham Hotels & Resorts's payout ratio is presently 38.32%.

Wyndham Hotels & Resorts 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.