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 position in shares of Wyndham Hotels & Resorts (NYSE:WH - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 12,077 shares of the company's stock, valued at approximately $1,093,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in WH. Elequin Capital LP purchased a new position in shares of Wyndham Hotels & Resorts in the first quarter worth about $29,000. SVB Wealth LLC bought a new position in Wyndham Hotels & Resorts in the 1st quarter worth $46,000. Versant Capital Management Inc boosted its holdings in shares of Wyndham Hotels & Resorts by 139.2% during 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. raised 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 buying an additional 166 shares in the last quarter. Finally, State of Wyoming purchased a new stake in Wyndham Hotels & Resorts in the 4th quarter worth about $69,000. Hedge funds and other institutional investors own 93.46% of the company's stock.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. Truist Financial raised their target price on shares of Wyndham Hotels & Resorts from $100.00 to $101.00 and gave the stock a "buy" rating in a report on Friday, July 25th. JPMorgan Chase & Co. assumed coverage on shares of Wyndham Hotels & Resorts in a research note on Monday, June 23rd. They set an "overweight" rating and a $101.00 target price on the stock. Barclays upped their target price on shares of Wyndham Hotels & Resorts from $100.00 to $101.00 and gave the company an "overweight" rating in a report on Friday, July 25th. Morgan Stanley reiterated an "overweight" rating and set a $105.00 price target on shares of Wyndham Hotels & Resorts in a research note on Tuesday, July 15th. Finally, Robert W. Baird increased their price target on shares of Wyndham Hotels & Resorts from $98.00 to $99.00 and gave the company an "outperform" rating in a report 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. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $106.98.

Wyndham Hotels & Resorts Price Performance

NYSE WH traded down $0.64 on Tuesday, reaching $87.27. The company's stock had a trading volume of 695,561 shares, compared to its average volume of 754,933. Wyndham Hotels & Resorts has a twelve month low of $75.91 and a twelve 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. The stock has a market cap of $6.66 billion, a PE ratio of 20.39, a PEG ratio of 1.55 and a beta of 0.93. The firm's 50 day moving average is $87.02 and its two-hundred day moving average is $87.10.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last released 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 for the quarter, compared to the consensus estimate 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 revenue was up 8.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.13 earnings per share. Wyndham Hotels & Resorts has set its FY 2025 guidance at 4.600-4.780 EPS. As a group, sell-side analysts predict that Wyndham Hotels & Resorts will post 4.79 EPS for the current year.

Wyndham Hotels & Resorts Dividend Announcement

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