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

A number of other large investors have also added to or reduced their stakes in WH. Nuveen LLC bought a new stake in Wyndham Hotels & Resorts in the 1st quarter worth approximately $70,353,000. Samlyn Capital LLC increased its position in shares of Wyndham Hotels & Resorts by 144.7% during the 1st quarter. Samlyn Capital LLC now owns 661,554 shares of the company's stock valued at $59,877,000 after purchasing an additional 391,181 shares during the last quarter. Fiera Capital Corp bought a new position in shares of Wyndham Hotels & Resorts during the 1st quarter valued at approximately $22,073,000. Long Pond Capital LP bought a new position in shares of Wyndham Hotels & Resorts during the 1st quarter valued at approximately $21,103,000. Finally, The Manufacturers Life Insurance Company increased its position in shares of Wyndham Hotels & Resorts by 155.2% during the 1st quarter. The Manufacturers Life Insurance Company now owns 371,823 shares of the company's stock valued at $33,654,000 after purchasing an additional 226,146 shares during the last quarter. Institutional investors own 93.46% of the company's stock.

Analyst Ratings Changes

Several research firms have recently weighed in on WH. Truist Financial boosted 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. JPMorgan Chase & Co. began coverage on Wyndham Hotels & Resorts in a research report on Monday, June 23rd. They set an "overweight" rating and a $101.00 target price on the stock. Morgan Stanley reissued an "overweight" rating and set a $105.00 target price on shares of Wyndham Hotels & Resorts in a research report on Tuesday, July 15th. Barclays boosted their target price on Wyndham Hotels & Resorts from $100.00 to $101.00 and gave the company an "overweight" rating in a research report on Friday, July 25th. Finally, Robert W. Baird upped their price objective 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 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 currently has a consensus rating of "Moderate Buy" and a consensus price target of $106.98.

Wyndham Hotels & Resorts Stock Performance

Shares of Wyndham Hotels & Resorts stock opened at $84.28 on Thursday. The stock's fifty day moving average is $87.03 and its two-hundred day moving average is $87.08. The company has a market capitalization of $6.44 billion, a PE ratio of 19.69, a price-to-earnings-growth ratio of 1.54 and a beta of 0.93. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 4.44. Wyndham Hotels & Resorts has a 52 week low of $75.91 and a 52 week high of $113.07.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last announced its quarterly earnings data on Wednesday, July 23rd. The company reported $1.33 EPS for the quarter, beating the consensus estimate of $1.16 by $0.17. The company 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%.Wyndham Hotels & Resorts's quarterly revenue was up 8.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.13 EPS. 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 earnings per share for the current year.

Wyndham Hotels & Resorts Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th will be issued a $0.41 dividend. This represents a $1.64 annualized dividend and a dividend yield of 1.9%. The ex-dividend date is Monday, September 15th. Wyndham Hotels & Resorts's dividend payout ratio is currently 38.32%.

Wyndham Hotels & Resorts Company 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.

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