Quantbot Technologies LP Takes Position in Wyndham Hotels & Resorts $WH

Key Points

• Quantbot Technologies LP made a new investment totaling approximately $3.17 million in Wyndham Hotels & Resorts, acquiring 34,990 shares in the 1st quarter.
• Wyndham Hotels & Resorts reported strong quarterly earnings with $1.33 earnings per share, surpassing estimates and showcasing an 8.2% increase in revenue year-over-year.
• The company has declared a quarterly dividend of $0.41 per share, indicating a 1.9% yield with a payout ratio of 38.32%.

Quantbot Technologies LP acquired a new stake in shares of Wyndham Hotels & Resorts (NYSE:WH - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 34,990 shares of the company's stock, valued at approximately $3,167,000.

Other institutional investors have also recently made changes to their positions in the company. Xponance Inc. raised its holdings in shares of Wyndham Hotels & Resorts by 1.3% in the 1st quarter. Xponance Inc. now owns 9,467 shares of the company's stock worth $857,000 after acquiring an additional 126 shares during the last quarter. Avantax Advisory Services Inc. grew its position in shares of Wyndham Hotels & Resorts by 2.8% during the 1st quarter. Avantax Advisory Services Inc. now owns 5,015 shares of the company's stock valued at $454,000 after acquiring an additional 135 shares during the period. First Horizon Advisors Inc. grew its position in shares of Wyndham Hotels & Resorts by 36.1% during the 1st quarter. First Horizon Advisors Inc. now owns 626 shares of the company's stock valued at $57,000 after acquiring an additional 166 shares during the period. Coldstream Capital Management Inc. boosted its holdings in Wyndham Hotels & Resorts by 4.0% in the 4th quarter. Coldstream Capital Management Inc. now owns 5,042 shares of the company's stock worth $508,000 after buying an additional 195 shares during the period. Finally, State of Michigan Retirement System boosted its holdings in Wyndham Hotels & Resorts by 1.1% in the 1st quarter. State of Michigan Retirement System now owns 18,653 shares of the company's stock worth $1,688,000 after buying an additional 200 shares during the period. Institutional investors and hedge funds own 93.46% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on WH shares. Truist Financial increased their target price on shares of Wyndham Hotels & Resorts from $100.00 to $101.00 and gave the stock a "buy" rating in a research note on Friday, July 25th. Morgan Stanley restated an "overweight" rating and set a $105.00 price objective on shares of Wyndham Hotels & Resorts in a research report on Tuesday, July 15th. JPMorgan Chase & Co. began coverage on shares of 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. Robert W. Baird raised their price target on shares of Wyndham Hotels & Resorts from $98.00 to $99.00 and gave the stock an "outperform" rating in a report on Friday, July 25th. Finally, Stifel Nicolaus cut their target price on shares of Wyndham Hotels & Resorts from $121.00 to $102.75 and set a "buy" rating on the stock in a research note on Thursday, May 1st. Eleven research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat.com, Wyndham Hotels & Resorts presently has a consensus rating of "Moderate Buy" and an average price target of $106.98.

Wyndham Hotels & Resorts Stock Performance

NYSE WH traded up $2.2530 during trading hours on Friday, hitting $88.8630. 521,026 shares of the company's stock traded hands, compared to its average volume of 981,625. The business's fifty day moving average price is $85.42 and its two-hundred day moving average price is $89.06. 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 firm has a market capitalization of $6.79 billion, a P/E ratio of 20.76, a P/E/G ratio of 1.52 and a beta of 0.99. Wyndham Hotels & Resorts has a 52 week low of $75.91 and a 52 week high of $113.07.

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 net margin of 23.10% and a return on equity of 60.79%. The business had revenue of $397.00 million during the quarter, compared to analyst estimates of $384.69 million. During the same period in the prior year, the business posted $1.13 earnings per share. The company's 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. Equities research analysts predict that Wyndham Hotels & Resorts will post 4.79 EPS for the current year.

Wyndham Hotels & Resorts Announces Dividend

The company also recently announced 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 1.8%. The ex-dividend date is Monday, September 15th. Wyndham Hotels & Resorts's dividend payout ratio (DPR) is 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.