88,465 Shares in Wyndham Hotels & Resorts $WH Acquired by Public Sector Pension Investment Board

Key Points

• The Public Sector Pension Investment Board acquired 88,465 shares of Wyndham Hotels & Resorts for approximately $8 million, representing about 0.11% ownership of the company.
• Wyndham Hotels & Resorts reported a quarterly EPS of $1.33, exceeding analyst expectations of $1.16, with a revenue increase of 8.2% year-over-year.
• Analysts have raised target prices for Wyndham Hotels & Resorts, with a consensus price target now at $106.98 and a general rating of "Moderate Buy."

Public Sector Pension Investment Board purchased a new stake in Wyndham Hotels & Resorts (NYSE:WH - Free Report) in the 1st quarter, according to its most recent filing with the SEC. The institutional investor purchased 88,465 shares of the company's stock, valued at approximately $8,007,000. Public Sector Pension Investment Board owned approximately 0.11% of Wyndham Hotels & Resorts at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Janney Capital Management LLC acquired a new position in shares of Wyndham Hotels & Resorts during the first quarter valued at $428,000. Man Group plc acquired a new stake in shares of Wyndham Hotels & Resorts in the fourth quarter worth $339,000. Generate Investment Management Ltd acquired a new position in shares of Wyndham Hotels & Resorts in the 1st quarter valued at about $6,258,000. USA Financial Formulas purchased a new position in shares of Wyndham Hotels & Resorts during the 1st quarter valued at $314,000. Finally, NBC Securities Inc. raised its stake in shares of Wyndham Hotels & Resorts by 133,933.3% during the 1st quarter. NBC Securities Inc. now owns 4,021 shares of the company's stock worth $363,000 after purchasing an additional 4,018 shares in the last quarter. 93.46% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts recently weighed in on the company. Stifel Nicolaus cut their price objective on Wyndham Hotels & Resorts from $121.00 to $102.75 and set a "buy" rating for the company in a research report on Thursday, May 1st. Robert W. Baird boosted their price objective 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 raised their target price 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. Truist Financial increased their target price on Wyndham Hotels & Resorts from $100.00 to $101.00 and gave the company a "buy" rating in a research note on Friday, July 25th. Finally, Morgan Stanley restated an "overweight" rating and set a $105.00 target price on shares of Wyndham Hotels & Resorts in a report on Tuesday, July 15th. Eleven research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $106.98.

Wyndham Hotels & Resorts Stock Up 0.6%

Shares of WH traded up $0.5650 during midday trading on Tuesday, hitting $88.2550. The stock had a trading volume of 119,979 shares, compared to its average volume of 1,035,823. Wyndham Hotels & Resorts has a twelve month low of $75.08 and a twelve month high of $113.07. 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 simple moving average of $84.97 and a two-hundred day simple moving average of $89.34. The firm has a market cap of $6.74 billion, a price-to-earnings ratio of 20.62, a price-to-earnings-growth ratio of 1.55 and a beta of 0.99.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last announced its quarterly earnings data on Wednesday, July 23rd. The company reported $1.33 EPS for the quarter, topping analysts' consensus estimates of $1.16 by $0.17. The business had revenue of $397.00 million for the quarter, compared to analyst estimates of $384.69 million. Wyndham Hotels & Resorts had a net margin of 23.10% and a return on equity of 60.79%. The firm's revenue for the quarter was up 8.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.13 earnings per share. Wyndham Hotels & Resorts has set its FY 2025 guidance at 4.600-4.780 EPS. On average, analysts anticipate that Wyndham Hotels & Resorts will post 4.79 EPS for the current year.

Wyndham Hotels & Resorts Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders 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 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.