Samlyn Capital LLC Increases Position in Wyndham Hotels & Resorts $WH

Key Points

• Samlyn Capital LLC significantly increased its stake in Wyndham Hotels & Resorts by 144.7%, now owning approximately $59.88 million in shares after acquiring an additional 391,181 shares.
• The company reported earnings of $1.33 per share for the last quarter, surpassing analysts' expectations and marking an 8.2% year-over-year revenue growth.
• Wyndham Hotels & Resorts will pay a quarterly dividend of $0.41 per share to stockholders, resulting in an annual dividend yield of 1.9% with a payout ratio of 38.32%.

Samlyn Capital LLC lifted its stake in Wyndham Hotels & Resorts (NYSE:WH - Free Report) by 144.7% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 661,554 shares of the company's stock after purchasing an additional 391,181 shares during the quarter. Samlyn Capital LLC owned about 0.86% of Wyndham Hotels & Resorts worth $59,877,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in WH. Nuveen LLC bought a new position in Wyndham Hotels & Resorts in the 1st quarter valued at approximately $70,353,000. Interval Partners LP purchased a new stake in Wyndham Hotels & Resorts in the 4th quarter worth $31,991,000. Fiera Capital Corp purchased a new stake in Wyndham Hotels & Resorts in the 1st quarter worth $22,073,000. Long Pond Capital LP purchased a new stake in Wyndham Hotels & Resorts in the 1st quarter worth $21,103,000. Finally, The Manufacturers Life Insurance Company grew its position in shares of Wyndham Hotels & Resorts by 155.2% during the first 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 in the last quarter. 93.46% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

WH has been the subject of a number of analyst reports. 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. Morgan Stanley reaffirmed 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 lifted their price objective 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. Truist Financial lifted their price objective on shares of Wyndham Hotels & Resorts from $100.00 to $101.00 and gave the company a "buy" rating in a report on Friday, July 25th. Finally, JPMorgan Chase & Co. began coverage on shares of Wyndham Hotels & Resorts in a report on Monday, June 23rd. They issued an "overweight" rating and a $101.00 price target on the stock. Eleven research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, Wyndham Hotels & Resorts presently has a consensus rating of "Moderate Buy" and an average price target of $106.98.

Wyndham Hotels & Resorts Stock Performance

WH traded down $0.20 on Tuesday, reaching $87.71. The stock had a trading volume of 38,496 shares, compared to its average volume of 1,010,125. Wyndham Hotels & Resorts has a 12-month low of $75.91 and a 12-month high of $113.07. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 4.44. The business's 50-day moving average price is $86.94 and its two-hundred day moving average price is $87.10. The company has a market cap of $6.70 billion, a P/E ratio of 20.47, a price-to-earnings-growth ratio of 1.52 and a beta of 0.94.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last released its earnings results on Wednesday, July 23rd. The company reported $1.33 EPS for the quarter, topping analysts' consensus estimates of $1.16 by $0.17. The business had revenue of $397.00 million during the quarter, compared to analysts' expectations of $384.69 million. Wyndham Hotels & Resorts had a net margin of 23.10% and a return on equity of 60.79%. The company's quarterly revenue was up 8.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.13 earnings per share. Wyndham Hotels & Resorts has set its FY 2025 guidance at 4.600-4.780 EPS. Sell-side analysts forecast that Wyndham Hotels & Resorts will post 4.79 earnings per share for the current year.

Wyndham Hotels & Resorts Announces Dividend

The business also recently announced 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 of this dividend 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 payout ratio is currently 38.32%.

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.