Swiss National Bank Sells 4,600 Shares of Wyndham Hotels & Resorts $WH

Key Points

• Swiss National Bank reduced its stake in Wyndham Hotels & Resorts by 3.0%, now holding 150,800 shares valued at approximately $13.65 million.
• Recent analysts' ratings show that Wyndham has a consensus rating of "Moderate Buy" with a target price averaging $106.98.
• Wyndham Hotels & Resorts declared a quarterly dividend of $0.41 per share, resulting in an annualized dividend yield of 1.9%.

Swiss National Bank lowered its position in Wyndham Hotels & Resorts (NYSE:WH - Free Report) by 3.0% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 150,800 shares of the company's stock after selling 4,600 shares during the period. Swiss National Bank owned about 0.20% of Wyndham Hotels & Resorts worth $13,649,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of WH. Freestone Grove Partners LP bought a new position in Wyndham Hotels & Resorts in the 4th quarter worth $54,738,000. Interval Partners LP bought a new position in Wyndham Hotels & Resorts in the 4th quarter worth $31,991,000. Balyasny Asset Management L.P. bought a new position in Wyndham Hotels & Resorts in the 4th quarter worth $29,846,000. Fiera Capital Corp bought a new position in Wyndham Hotels & Resorts in the 1st quarter worth $22,073,000. Finally, Benchstone Capital Management LP purchased a new stake in Wyndham Hotels & Resorts in the 4th quarter worth $21,338,000. Institutional investors own 93.46% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have commented on WH. Barclays boosted their price target on shares of Wyndham Hotels & Resorts from $100.00 to $101.00 and gave the stock an "overweight" rating in a research note on Friday, July 25th. Truist Financial boosted their price target 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. JPMorgan Chase & Co. began coverage on shares of Wyndham Hotels & Resorts in a research note on Monday, June 23rd. They issued an "overweight" rating and a $101.00 price target on the stock. Morgan Stanley reiterated an "overweight" rating and issued a $105.00 price target on shares of Wyndham Hotels & Resorts in a research note on Tuesday, July 15th. Finally, Robert W. Baird upped their target price on shares of Wyndham Hotels & Resorts from $98.00 to $99.00 and gave the company 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 assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $106.98.

Wyndham Hotels & Resorts Price Performance

Shares of NYSE WH traded up $0.7350 during mid-day trading on Tuesday, hitting $88.4250. 84,782 shares of the company's stock traded hands, compared to its average volume of 1,035,502. The company's 50-day moving average is $84.97 and its two-hundred day moving average is $89.34. 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 market capitalization of $6.75 billion, a P/E ratio of 20.66, a PEG ratio of 1.55 and a beta of 0.99. Wyndham Hotels & Resorts has a 1 year low of $75.08 and a 1 year high of $113.07.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last announced its earnings results on Wednesday, July 23rd. The company reported $1.33 earnings per share (EPS) for the quarter, beating the consensus estimate 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 net margin of 23.10% and a return on equity of 60.79%. The business's revenue was up 8.2% compared to the same quarter last year. During the same period in the prior year, the company earned $1.13 EPS. Wyndham Hotels & Resorts has set its FY 2025 guidance at 4.600-4.780 EPS. On average, equities analysts anticipate that Wyndham Hotels & Resorts will post 4.79 EPS for the current fiscal year.

Wyndham Hotels & Resorts Announces Dividend

The company 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 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 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.