Wyndham Hotels & Resorts $WH Shares Sold by Walleye Capital LLC

Key Points

• Walleye Capital LLC has significantly reduced its holdings in Wyndham Hotels & Resorts by 69.5%, selling 53,027 shares and leaving them with 23,292 shares valued at $2.1 million.
• Wyndham Hotels & Resorts reported earnings of $1.33 per share for the last quarter, outperforming analysts' expectations by $0.17, with a revenue of $397 million, a year-over-year increase of 8.2%.
• The company has declared a quarterly dividend of $0.41 per share, representing an annual yield of 1.9%, with a dividend payout ratio of 38.32%.

Walleye Capital LLC trimmed its position in shares of Wyndham Hotels & Resorts (NYSE:WH - Free Report) by 69.5% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,292 shares of the company's stock after selling 53,027 shares during the period. Walleye Capital LLC's holdings in Wyndham Hotels & Resorts were worth $2,108,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of WH. Nuveen LLC bought a new position in shares of Wyndham Hotels & Resorts during the 1st quarter valued at approximately $70,353,000. Freestone Grove Partners LP bought a new position in shares of Wyndham Hotels & Resorts during the 4th quarter valued at approximately $54,738,000. Interval Partners LP bought a new position in shares of Wyndham Hotels & Resorts during the 4th quarter valued at approximately $31,991,000. Balyasny Asset Management L.P. bought a new position in shares of Wyndham Hotels & Resorts during the 4th quarter valued at approximately $29,846,000. Finally, Fiera Capital Corp bought a new position in shares of Wyndham Hotels & Resorts during the 1st quarter valued at approximately $22,073,000. Institutional investors own 93.46% of the company's stock.

Wyndham Hotels & Resorts Price Performance

Shares of Wyndham Hotels & Resorts stock traded up $0.25 on Wednesday, reaching $86.60. The company's stock had a trading volume of 141,698 shares, compared to its average volume of 1,012,697. The company has a market capitalization of $6.61 billion, a P/E ratio of 20.32, a PEG ratio of 1.52 and a beta of 0.93. Wyndham Hotels & Resorts has a 52-week low of $75.91 and a 52-week high of $113.07. The stock has a 50-day moving average price of $86.48 and a 200-day moving average price of $87.93. 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 (NYSE:WH - Get Free Report) last issued its quarterly earnings results on Wednesday, July 23rd. The company reported $1.33 EPS 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 firm had revenue of $397.00 million during the quarter, compared to analysts' expectations of $384.69 million. During the same period in the previous year, the business earned $1.13 earnings per share. The firm's revenue for the quarter 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. Analysts expect that Wyndham Hotels & Resorts will post 4.79 EPS for the current year.

Wyndham Hotels & Resorts Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be issued 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%.

Analysts Set New Price Targets

WH has been the topic of several analyst reports. 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. Robert W. Baird increased their price target on Wyndham Hotels & Resorts from $98.00 to $99.00 and gave the stock an "outperform" rating in a research report on Friday, July 25th. Barclays increased their price target on Wyndham Hotels & Resorts from $100.00 to $101.00 and gave the stock an "overweight" rating in a research report on Friday, July 25th. 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 report on Friday, July 25th. Finally, 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. Eleven research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average 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.