RBO & Co. LLC Sells 4,272 Shares of Wyndham Hotels & Resorts $WH

Key Points

• RBO & Co. LLC has reduced its stake in Wyndham Hotels & Resorts by 1.6%, making it the firm's 8th largest position, now valued at approximately $24.31 million.
• Wyndham Hotels & Resorts has received several positive ratings from analysts, with a consensus target price of $106.98 and most analysts giving a "buy" rating on the stock.
• The company reported a quarterly earnings per share of $1.33, exceeding estimates, alongside an annual revenue growth of 8.2%.

RBO & Co. LLC cut its holdings in Wyndham Hotels & Resorts (NYSE:WH - Free Report) by 1.6% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 268,584 shares of the company's stock after selling 4,272 shares during the quarter. Wyndham Hotels & Resorts accounts for 3.9% of RBO & Co. LLC's investment portfolio, making the stock its 8th largest position. RBO & Co. LLC owned about 0.35% of Wyndham Hotels & Resorts worth $24,310,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in WH. Nuveen LLC purchased a new stake in shares of Wyndham Hotels & Resorts in the first quarter valued at approximately $70,353,000. Freestone Grove Partners LP acquired a new stake in shares of Wyndham Hotels & Resorts in the fourth quarter worth approximately $54,738,000. Interval Partners LP acquired a new stake in shares of Wyndham Hotels & Resorts in the fourth quarter worth approximately $31,991,000. Balyasny Asset Management L.P. acquired a new stake in shares of Wyndham Hotels & Resorts in the fourth quarter worth approximately $29,846,000. Finally, Fiera Capital Corp acquired a new stake in shares of Wyndham Hotels & Resorts in the first quarter worth approximately $22,073,000. 93.46% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. Truist Financial lifted their price target on Wyndham Hotels & Resorts from $100.00 to $101.00 and gave the stock a "buy" rating in a research note on Friday, July 25th. Barclays lifted their price target on Wyndham Hotels & Resorts from $100.00 to $101.00 and gave the stock an "overweight" rating in a research note on Friday, July 25th. JPMorgan Chase & Co. assumed coverage on Wyndham Hotels & Resorts in a research note on Monday, June 23rd. They issued an "overweight" rating and a $101.00 price target on the stock. Robert W. Baird lifted their price target on Wyndham Hotels & Resorts from $98.00 to $99.00 and gave the stock an "outperform" rating in a research note on Friday, July 25th. Finally, Morgan Stanley reaffirmed 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 investment 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, Wyndham Hotels & Resorts presently has an average rating of "Moderate Buy" and a consensus price target of $106.98.

Wyndham Hotels & Resorts Trading Down 2.0%

Shares of Wyndham Hotels & Resorts stock traded down $1.81 during trading hours on Thursday, hitting $86.90. The company's stock had a trading volume of 178,366 shares, compared to its average volume of 1,018,745. Wyndham Hotels & Resorts has a twelve month low of $75.91 and a twelve month high of $113.07. The firm has a fifty day moving average of $85.89 and a 200-day moving average of $88.66. The stock has a market cap of $6.64 billion, a price-to-earnings ratio of 20.30, a P/E/G ratio of 1.54 and a beta of 0.99. The company has a debt-to-equity ratio of 4.44, a quick ratio of 1.03 and a current ratio of 1.03.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last announced its quarterly earnings results on Wednesday, July 23rd. The company reported $1.33 EPS for the quarter, beating 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 analyst estimates of $384.69 million. During the same quarter in the prior year, the company posted $1.13 EPS. The company's quarterly 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. Research analysts forecast 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 paid a $0.41 dividend. This represents a $1.64 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend is Monday, September 15th. Wyndham Hotels & Resorts's dividend payout ratio is 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.