12,077 Shares in Wyndham Hotels & Resorts $WH Purchased by Trexquant Investment LP

Key Points

• Trexquant Investment LP has acquired a new stake in Wyndham Hotels & Resorts, purchasing 12,077 shares valued at approximately $1.09 million in the first quarter.
• Wyndham Hotels & Resorts announced a quarterly dividend of $0.41 per share, with a yield of 1.9%, to be paid on September 30th to shareholders of record by September 15th.
• Analysts are optimistic about Wyndham's stock, with an average target price of $106.98 and 11 investment analysts issuing a "Buy" rating on the stock.

Trexquant Investment LP acquired a new stake in Wyndham Hotels & Resorts (NYSE:WH - Free Report) during the first quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 12,077 shares of the company's stock, valued at approximately $1,093,000.

A number of other institutional investors also recently modified their holdings of WH. Elequin Capital LP bought a new stake in shares of Wyndham Hotels & Resorts in the 1st quarter valued at $29,000. SVB Wealth LLC bought a new stake in shares of Wyndham Hotels & Resorts in the 1st quarter valued at $46,000. Versant Capital Management Inc boosted its stake in shares of Wyndham Hotels & Resorts by 139.2% in the 1st quarter. Versant Capital Management Inc now owns 531 shares of the company's stock valued at $48,000 after purchasing an additional 309 shares during the last quarter. First Horizon Advisors Inc. boosted its stake in Wyndham Hotels & Resorts by 36.1% during the first quarter. First Horizon Advisors Inc. now owns 626 shares of the company's stock worth $57,000 after acquiring an additional 166 shares in the last quarter. Finally, State of Wyoming bought a new position in Wyndham Hotels & Resorts during the fourth quarter worth $69,000. 93.46% of the stock is owned by institutional investors.

Wyndham Hotels & Resorts Stock Down 2.9%

Shares of WH stock traded down $2.61 on Friday, hitting $85.85. The stock had a trading volume of 822,558 shares, compared to its average volume of 758,763. The business has a 50 day moving average of $87.13 and a 200 day moving average of $86.81. The stock has a market cap of $6.56 billion, a price-to-earnings ratio of 20.06, a price-to-earnings-growth ratio of 1.56 and a beta of 0.93. The company has a debt-to-equity ratio of 4.44, a current ratio of 1.03 and a quick ratio of 1.03. Wyndham Hotels & Resorts has a 12-month low of $76.65 and a 12-month high of $113.07.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last posted its quarterly earnings data on Wednesday, July 23rd. The company reported $1.33 earnings per share (EPS) 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 the consensus estimate of $384.69 million. During the same quarter last year, the company posted $1.13 earnings per share. The firm's quarterly revenue was up 8.2% compared to the same quarter last year. Wyndham Hotels & Resorts has set its FY 2025 guidance at 4.600-4.780 EPS. As a group, analysts expect that Wyndham Hotels & Resorts will post 4.79 EPS for the current year.

Wyndham Hotels & Resorts Announces Dividend

The business also recently disclosed 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 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date is Monday, September 15th. Wyndham Hotels & Resorts's dividend payout ratio (DPR) is 38.32%.

Analysts Set New Price Targets

A number of research analysts have weighed in on WH shares. JPMorgan Chase & Co. started 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 objective on the stock. Morgan Stanley reaffirmed an "overweight" rating and issued a $105.00 price objective on shares of Wyndham Hotels & Resorts in a research note on Tuesday, July 15th. Robert W. Baird raised their price objective on shares of Wyndham Hotels & Resorts from $98.00 to $99.00 and gave the company an "outperform" rating in a research note on Friday, July 25th. Barclays raised their price objective 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. Finally, Truist Financial raised 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. Eleven equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus 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.