19,018 Shares in Wyndham Hotels & Resorts $WH Bought by Strs Ohio

Key Points

• Strs Ohio has acquired 19,018 shares of Wyndham Hotels & Resorts, valued at approximately $1.72 million, during the first quarter.
• Wyndham Hotels & Resorts reported an earnings per share (EPS) of $1.33 for the last quarter, exceeding analyst expectations by $0.17, with revenue reaching $397 million.
• The company recently announced a quarterly dividend of $0.41 per share, with a payout ratio of 38.32% and a dividend yield of 1.9%.

Strs Ohio purchased a new position in shares of Wyndham Hotels & Resorts (NYSE:WH - Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 19,018 shares of the company's stock, valued at approximately $1,721,000.

Other hedge funds also recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. raised its position in Wyndham Hotels & Resorts by 49.2% during the first quarter. Geneos Wealth Management Inc. now owns 376 shares of the company's stock valued at $34,000 after acquiring an additional 124 shares in the last quarter. Focus Partners Wealth grew its stake in shares of Wyndham Hotels & Resorts by 1.6% during the 1st quarter. Focus Partners Wealth now owns 60,529 shares of the company's stock worth $5,479,000 after purchasing an additional 971 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of Wyndham Hotels & Resorts by 7.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 248,495 shares of the company's stock worth $22,491,000 after acquiring an additional 18,191 shares during the period. Ascent Group LLC purchased a new position in shares of Wyndham Hotels & Resorts in the 1st quarter valued at about $1,419,000. Finally, United Services Automobile Association purchased a new position in shares of Wyndham Hotels & Resorts in the 1st quarter valued at about $454,000. 93.46% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

WH has been the topic of several research analyst reports. JPMorgan Chase & Co. began coverage on Wyndham Hotels & Resorts in a report on Monday, June 23rd. They issued an "overweight" rating and a $101.00 price objective on the stock. 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 report on Friday, July 25th. Barclays upped their price objective on shares of Wyndham Hotels & Resorts from $100.00 to $101.00 and gave the stock an "overweight" rating in a research report on Friday, July 25th. Morgan Stanley reissued an "overweight" rating and set a $105.00 target price on shares of Wyndham Hotels & Resorts in a research note on Tuesday, July 15th. Finally, Robert W. Baird boosted 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 note on Friday, July 25th. Eleven research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, Wyndham Hotels & Resorts currently has an average rating of "Moderate Buy" and an average target price of $106.98.

Wyndham Hotels & Resorts Price Performance

Shares of NYSE:WH traded down $0.12 during midday trading on Friday, hitting $82.96. 1,451,337 shares of the stock were exchanged, compared to its average volume of 796,221. The stock has a market cap of $6.33 billion, a P/E ratio of 19.38, a PEG ratio of 1.46 and a beta of 0.93. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 4.44. Wyndham Hotels & Resorts has a twelve month low of $76.65 and a twelve month high of $113.07. The company has a 50 day moving average price of $86.79 and a 200-day moving average price of $86.01.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last posted 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 firm 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 firm'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 EPS. Wyndham Hotels & Resorts has set its FY 2025 guidance at 4.600-4.780 EPS. On average, research analysts forecast 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. Stockholders of record on Monday, September 15th will be issued a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date is Monday, September 15th. Wyndham Hotels & Resorts's dividend payout ratio (DPR) is 38.32%.

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.