United Services Automobile Association Buys Shares of 5,066 Wyndham Hotels & Resorts $WH

Key Points

• United Services Automobile Association has invested approximately $454,000 in Wyndham Hotels & Resorts by acquiring 5,066 shares of its stock in the first quarter.
• The company announced a quarterly dividend of $0.41 per share, which represents an annualized dividend of $1.64, yielding 1.9%.
• Wyndham Hotels & Resorts reported earnings of $1.33 per share for the latest quarter, exceeding consensus estimates, and indicated a positive 8.2% revenue growth year-over-year.

United Services Automobile Association bought a new position in shares of Wyndham Hotels & Resorts (NYSE:WH - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 5,066 shares of the company's stock, valued at approximately $454,000.

Other large investors have also added to or reduced their stakes in the company. Elequin Capital LP acquired a new stake in Wyndham Hotels & Resorts during the first quarter worth approximately $29,000. SVB Wealth LLC acquired a new stake in Wyndham Hotels & Resorts in the first quarter valued at approximately $46,000. Versant Capital Management Inc grew its stake in Wyndham Hotels & Resorts by 139.2% in the first quarter. Versant Capital Management Inc now owns 531 shares of the company's stock valued at $48,000 after acquiring an additional 309 shares during the period. Quarry LP grew its stake in Wyndham Hotels & Resorts by 34.5% in the first quarter. Quarry LP now owns 542 shares of the company's stock valued at $49,000 after acquiring an additional 139 shares during the period. Finally, First Horizon Advisors Inc. grew its stake in Wyndham Hotels & Resorts by 36.1% in the first quarter. First Horizon Advisors Inc. now owns 626 shares of the company's stock valued at $57,000 after acquiring an additional 166 shares during the period. Institutional investors and hedge funds own 93.46% of the company's stock.

Wyndham Hotels & Resorts Stock Up 0.1%

Shares of NYSE:WH traded up $0.05 during mid-day trading on Tuesday, hitting $84.17. 116,672 shares of the company traded hands, compared to its average volume of 1,010,957. The stock has a market cap of $6.43 billion, a P/E ratio of 19.67, a P/E/G ratio of 1.51 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 12-month low of $76.65 and a 12-month high of $113.07. The stock has a 50-day moving average price of $87.13 and a two-hundred day moving average price of $86.34.

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 for the quarter, topping the consensus estimate of $1.16 by $0.17. Wyndham Hotels & Resorts had a return on equity of 60.79% and a net margin of 23.10%.The business had revenue of $397.00 million for the quarter, compared to analysts' expectations of $384.69 million. During the same quarter in the previous year, the firm earned $1.13 earnings per share. The business's revenue was up 8.2% on a year-over-year basis. Wyndham Hotels & Resorts has set its FY 2025 guidance at 4.600-4.780 EPS. On average, equities research analysts forecast that Wyndham Hotels & Resorts will post 4.79 earnings per share for the current year.

Wyndham Hotels & Resorts Announces Dividend

The firm 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 $0.41 dividend. The ex-dividend date of this dividend is Monday, September 15th. This represents a $1.64 annualized dividend and a yield of 1.9%. Wyndham Hotels & Resorts's payout ratio is currently 38.32%.

Analysts Set New Price Targets

WH has been the subject of a number of research reports. Barclays raised their price objective on Wyndham Hotels & Resorts from $100.00 to $101.00 and gave the company an "overweight" rating in a research note on Friday, July 25th. JPMorgan Chase & Co. initiated coverage on Wyndham Hotels & Resorts in a research note on Monday, June 23rd. They issued an "overweight" rating and a $101.00 price objective for the company. Morgan Stanley reissued an "overweight" rating and issued a $105.00 price objective on shares of Wyndham Hotels & Resorts in a research note on Tuesday, July 15th. Truist Financial raised their price objective on Wyndham Hotels & Resorts from $100.00 to $101.00 and gave the company a "buy" rating in a research note on Friday, July 25th. Finally, Robert W. Baird lifted their target price on 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 analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $106.98.

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.