Quantbot Technologies LP Takes $3.17 Million 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 bought a new stake in Wyndham Hotels & Resorts (NYSE:WH - Free Report) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 34,990 shares of the company's stock, valued at approximately $3,167,000.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Burgundy Asset Management Ltd. lifted its stake in 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 buying an additional 68,172 shares during the last quarter. T. Rowe Price Investment Management Inc. raised its stake in shares of Wyndham Hotels & Resorts by 6.1% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 1,419,168 shares of the company's stock valued at $143,038,000 after purchasing an additional 81,730 shares in the last quarter. Bessemer Group Inc. raised its stake in shares of Wyndham Hotels & Resorts by 1.7% during 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 in the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Wyndham Hotels & Resorts by 2.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,309,177 shares of the company's stock valued at $131,952,000 after purchasing an additional 29,220 shares in the last quarter. Finally, Northern Trust Corp raised its stake in shares of Wyndham Hotels & Resorts by 21.3% during the fourth quarter. Northern Trust Corp now owns 1,012,915 shares of the company's stock valued at $102,092,000 after purchasing an additional 178,047 shares in the last quarter. 93.46% of the stock is currently owned by institutional investors.

Wyndham Hotels & Resorts Trading Down 1.2%

WH traded down $1.06 during trading on Monday, reaching $87.92. The company had a trading volume of 77,802 shares, compared to its average volume of 1,025,148. The firm's 50-day simple moving average is $85.42 and its 200 day simple moving average is $88.81. The company has a market cap of $6.71 billion, a price-to-earnings ratio of 20.53, a PEG ratio of 1.57 and a beta of 0.99. Wyndham Hotels & Resorts has a 12-month low of $75.91 and a 12-month high of $113.07. The company has a debt-to-equity ratio of 4.44, a quick ratio of 1.03 and a current ratio of 1.03.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last issued 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. The firm had revenue of $397.00 million for 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%.Wyndham Hotels & Resorts's revenue was up 8.2% on a year-over-year basis. During the same quarter last year, the business posted $1.13 EPS. Wyndham Hotels & Resorts has set its FY 2025 guidance at 4.600-4.780 EPS. Equities research analysts anticipate that Wyndham Hotels & Resorts will post 4.79 earnings per share for the current year.

Wyndham Hotels & Resorts Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th will be given a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 1.9%. The ex-dividend date is Monday, September 15th. Wyndham Hotels & Resorts's payout ratio is presently 38.32%.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. Truist Financial lifted 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. Stifel Nicolaus dropped their target price on Wyndham Hotels & Resorts from $121.00 to $102.75 and set a "buy" rating on the stock in a report on Thursday, May 1st. JPMorgan Chase & Co. assumed coverage on Wyndham Hotels & Resorts in a report on Monday, June 23rd. They set an "overweight" rating and a $101.00 target price on the stock. Morgan Stanley reissued an "overweight" rating and set a $105.00 target price on shares of Wyndham Hotels & Resorts in a report on Tuesday, July 15th. Finally, Robert W. Baird boosted their target price on Wyndham Hotels & Resorts from $98.00 to $99.00 and gave the stock an "outperform" 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, Wyndham Hotels & Resorts has a consensus rating of "Moderate Buy" and an average price target of $106.98.

About Wyndham Hotels & Resorts

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.