Wyndham Hotels & Resorts $WH Shares Sold by Junto Capital Management LP

Key Points

• Junto Capital Management LP has reduced its stake in Wyndham Hotels & Resorts by 8.8%, now holding approximately 848,748 shares, which is 1.10% of the company's value.
• Wyndham Hotels & Resorts reported a quarterly EPS of $1.33, surpassing estimates, and announced a quarterly dividend of $0.41 to be paid on September 30th.
• Analysts remain bullish on the stock with a consensus rating of "Moderate Buy" and price targets ranging from $99.00 to $106.98.

Junto Capital Management LP cut its holdings in shares of Wyndham Hotels & Resorts (NYSE:WH - Free Report) by 8.8% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 848,748 shares of the company's stock after selling 82,004 shares during the period. Wyndham Hotels & Resorts accounts for 1.6% of Junto Capital Management LP's portfolio, making the stock its 17th biggest position. Junto Capital Management LP owned approximately 1.10% of Wyndham Hotels & Resorts worth $76,820,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Janney Capital Management LLC purchased a new stake in Wyndham Hotels & Resorts in the first quarter worth $428,000. Man Group plc purchased a new stake in shares of Wyndham Hotels & Resorts during the fourth quarter worth about $339,000. Generate Investment Management Ltd purchased a new position in Wyndham Hotels & Resorts during the 1st quarter valued at approximately $6,258,000. USA Financial Formulas purchased a new position in Wyndham Hotels & Resorts during the 1st quarter valued at approximately $314,000. Finally, NBC Securities Inc. grew its holdings in Wyndham Hotels & Resorts by 133,933.3% during the 1st quarter. NBC Securities Inc. now owns 4,021 shares of the company's stock valued at $363,000 after buying an additional 4,018 shares in the last quarter. 93.46% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on WH shares. Morgan Stanley reaffirmed an "overweight" rating and issued a $105.00 price objective on shares of Wyndham Hotels & Resorts in a research note on Tuesday, July 15th. Barclays lifted 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. Robert W. Baird lifted their target price 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. JPMorgan Chase & Co. initiated coverage on Wyndham Hotels & Resorts in a research report on Monday, June 23rd. They issued an "overweight" rating and a $101.00 price target for the company. Finally, Truist Financial boosted their target price 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. Eleven equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $106.98.

Wyndham Hotels & Resorts Price Performance

Shares of WH stock traded down $0.35 during trading hours on Wednesday, reaching $86.00. The company had a trading volume of 731,745 shares, compared to its average volume of 1,016,433. The company has a debt-to-equity ratio of 4.44, a quick ratio of 1.03 and a current ratio of 1.03. The stock has a fifty day moving average of $86.48 and a 200-day moving average of $87.93. The company has a market capitalization of $6.57 billion, a price-to-earnings ratio of 20.09, a PEG ratio of 1.52 and a beta of 0.93. Wyndham Hotels & Resorts has a 12-month low of $75.91 and a 12-month high of $113.07.

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

Wyndham Hotels & Resorts Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be given a dividend of $0.41 per share. 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 (DPR) 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.