Interval Partners LP Decreases Position in Wyndham Hotels & Resorts $WH

Key Points

• Interval Partners LP reduced its stake in Wyndham Hotels & Resorts by 63.9%, owning 114,730 shares valued at approximately $10.38 million after selling 202,668 shares in the first quarter.
• The company reported $1.33 earnings per share for the quarter, exceeding analysts' expectations of $1.16 and showing an 8.2% increase in revenue compared to the previous year.
• Wyndham Hotels & Resorts declared a quarterly dividend of $0.41 per share, representing an annualized yield of 1.9%, with the payment scheduled for September 30th.

Interval Partners LP decreased its holdings in Wyndham Hotels & Resorts (NYSE:WH - Free Report) by 63.9% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 114,730 shares of the company's stock after selling 202,668 shares during the period. Interval Partners LP owned approximately 0.15% of Wyndham Hotels & Resorts worth $10,384,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. KADENSA CAPITAL Ltd acquired a new stake in Wyndham Hotels & Resorts in the 1st quarter valued at about $2,531,000. Gotham Asset Management LLC raised its holdings in Wyndham Hotels & Resorts by 24.7% in the 1st quarter. Gotham Asset Management LLC now owns 186,356 shares of the company's stock valued at $16,867,000 after acquiring an additional 36,934 shares during the last quarter. AQR Capital Management LLC raised its holdings in Wyndham Hotels & Resorts by 207.6% in the 1st quarter. AQR Capital Management LLC now owns 190,165 shares of the company's stock valued at $16,706,000 after acquiring an additional 128,345 shares during the last quarter. Perbak Capital Partners LLP acquired a new stake in Wyndham Hotels & Resorts in the 1st quarter valued at about $274,000. Finally, Paloma Partners Management Co acquired a new stake in Wyndham Hotels & Resorts in the 1st quarter valued at about $1,358,000. Institutional investors and hedge funds own 93.46% of the company's stock.

Wyndham Hotels & Resorts Trading Up 0.1%

Shares of NYSE:WH traded up $0.08 during mid-day trading on Friday, reaching $86.29. 1,053,954 shares of the company were exchanged, compared to its average volume of 744,604. The company has a debt-to-equity ratio of 4.44, a current ratio of 1.03 and a quick ratio of 1.03. The firm has a market cap of $6.59 billion, a price-to-earnings ratio of 20.16, a P/E/G ratio of 1.52 and a beta of 0.94. The firm's 50-day simple moving average is $86.80 and its 200 day simple moving average is $87.24. Wyndham Hotels & Resorts has a 1 year low of $75.91 and a 1 year high of $113.07.

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 analysts' consensus estimates of $1.16 by $0.17. The firm 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 firm's quarterly revenue was up 8.2% on a year-over-year basis. During the same quarter last year, the company posted $1.13 EPS. Wyndham Hotels & Resorts has set its FY 2025 guidance at 4.600-4.780 EPS. Equities 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. Shareholders of record on Monday, September 15th will be given a $0.41 dividend. This represents a $1.64 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend is Monday, September 15th. Wyndham Hotels & Resorts's dividend payout ratio (DPR) is currently 38.32%.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. Truist Financial increased their price target on shares of Wyndham Hotels & Resorts from $100.00 to $101.00 and gave the company a "buy" rating in a research note on Friday, July 25th. JPMorgan Chase & Co. assumed coverage on shares of Wyndham Hotels & Resorts in a research note on Monday, June 23rd. They issued an "overweight" rating and a $101.00 price target for the company. 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 research note on Friday, July 25th. Barclays increased their price target on shares of Wyndham Hotels & Resorts from $100.00 to $101.00 and gave the company an "overweight" rating in a research note on Friday, July 25th. Finally, Morgan Stanley reissued 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 analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $106.98.

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.