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

A number of other hedge funds have also modified their holdings of WH. Elequin Capital LP acquired a new position in shares of Wyndham Hotels & Resorts in the first quarter valued at about $29,000. SVB Wealth LLC purchased a new stake in shares of Wyndham Hotels & Resorts in the first quarter worth about $46,000. Versant Capital Management Inc boosted its stake in shares of Wyndham Hotels & Resorts by 139.2% in the first 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 last quarter. Quarry LP boosted its stake in shares of Wyndham Hotels & Resorts by 34.5% in the first quarter. Quarry LP now owns 542 shares of the company's stock worth $49,000 after buying an additional 139 shares during the last quarter. Finally, First Horizon Advisors Inc. boosted its stake in shares of Wyndham Hotels & Resorts by 36.1% in the first 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 last quarter. 93.46% of the stock is owned by institutional investors and hedge funds.

Wyndham Hotels & Resorts Price Performance

Shares of NYSE WH traded down $2.61 during midday trading on Friday, hitting $85.85. The stock had a trading volume of 822,558 shares, compared to its average volume of 758,763. The company has a market capitalization of $6.56 billion, a PE ratio of 20.06, a P/E/G ratio of 1.56 and a beta of 0.93. The stock has a 50 day simple moving average of $87.13 and a 200-day simple moving average of $86.81. Wyndham Hotels & Resorts has a 1 year low of $76.65 and a 1 year high of $113.07. 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 earnings results on Wednesday, July 23rd. The company reported $1.33 earnings per share for the quarter, beating the consensus estimate of $1.16 by $0.17. The business had revenue of $397.00 million for the quarter, compared to the consensus estimate 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 quarterly revenue was up 8.2% compared to the same quarter last year. During the same quarter last year, the business posted $1.13 earnings per share. Wyndham Hotels & Resorts has set its FY 2025 guidance at 4.600-4.780 EPS. On average, sell-side analysts expect that Wyndham Hotels & Resorts will post 4.79 EPS for the current fiscal year.

Wyndham Hotels & Resorts Announces Dividend

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

Wall Street Analyst Weigh In

WH has been the topic of a number of recent research reports. JPMorgan Chase & Co. initiated coverage on Wyndham Hotels & Resorts in a research note on Monday, June 23rd. They issued an "overweight" rating and a $101.00 target price on the stock. Morgan Stanley restated an "overweight" rating and issued a $105.00 target price on shares of Wyndham Hotels & Resorts in a research note on Tuesday, July 15th. Truist Financial upped their target price on Wyndham Hotels & Resorts from $100.00 to $101.00 and gave the stock a "buy" rating in a research note on Friday, July 25th. Barclays upped their target price on Wyndham Hotels & Resorts from $100.00 to $101.00 and gave the stock an "overweight" rating in a research note on Friday, July 25th. Finally, Robert W. Baird increased their price target on Wyndham Hotels & Resorts from $98.00 to $99.00 and gave the stock an "outperform" rating in a research report on Friday, July 25th. Eleven investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $106.98.

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.