Petrus Trust Company LTA Purchases New Stake in Wyndham Hotels & Resorts $WH

Key Points

• Petrus Trust Company LTA has acquired a new stake in Wyndham Hotels & Resorts, purchasing 3,595 shares valued at approximately $325,000 during the first quarter.
• Wyndham Hotels & Resorts reported $1.33 earnings per share for the last quarter, exceeding analysts' expectations, along with a revenue increase of 8.2% year-over-year.
• The company has announced a quarterly dividend of $0.41 per share, reflecting a yield of 1.9% and a payout ratio of 38.32%.

Petrus Trust Company LTA bought a new position in shares of Wyndham Hotels & Resorts (NYSE:WH - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 3,595 shares of the company's stock, valued at approximately $325,000.

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

Analyst Ratings Changes

A number of research firms recently issued reports on WH. Robert W. Baird increased their target price on shares of Wyndham Hotels & Resorts from $98.00 to $99.00 and gave the stock an "outperform" rating in a research report on Friday, July 25th. Barclays upped their price target on Wyndham Hotels & Resorts from $100.00 to $101.00 and gave the stock an "overweight" rating in a report on Friday, July 25th. Morgan Stanley restated an "overweight" rating and issued a $105.00 price target on shares of Wyndham Hotels & Resorts in a report on Tuesday, July 15th. JPMorgan Chase & Co. started coverage on Wyndham Hotels & Resorts in a report on Monday, June 23rd. They issued an "overweight" rating and a $101.00 price target for the company. Finally, Truist Financial upped their price target on Wyndham Hotels & Resorts from $100.00 to $101.00 and gave the stock a "buy" rating in a report 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. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $106.98.

Wyndham Hotels & Resorts Stock Down 2.9%

NYSE WH traded down $2.61 on Friday, reaching $85.85. The company had a trading volume of 822,558 shares, compared to its average volume of 756,480. The firm has a market capitalization of $6.56 billion, a PE ratio of 20.06, a P/E/G ratio of 1.51 and a beta of 0.94. Wyndham Hotels & Resorts has a 1 year low of $76.65 and a 1 year high of $113.07. The firm has a 50-day moving average of $87.13 and a 200-day moving average of $86.51. 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 released its earnings results on Wednesday, July 23rd. The company reported $1.33 EPS for the quarter, beating the consensus estimate of $1.16 by $0.17. The company had revenue of $397.00 million during the quarter, compared to analysts' expectations of $384.69 million. Wyndham Hotels & Resorts had a return on equity of 60.79% and a net margin of 23.10%.The business's revenue was up 8.2% on a year-over-year basis. During the same period in the prior year, the business posted $1.13 EPS. Wyndham Hotels & Resorts has set its FY 2025 guidance at 4.600-4.780 EPS. On average, equities research analysts anticipate that Wyndham Hotels & Resorts will post 4.79 EPS for the current fiscal year.

Wyndham Hotels & Resorts Dividend Announcement

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

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.