Northern Trust Corp Has $82.36 Million Stock Position in Wyndham Hotels & Resorts $WH

Key Points

• Northern Trust Corp has reduced its stake in Wyndham Hotels & Resorts by 10.2%, now holding 909,948 shares valued at approximately $82.4 million.
• Despite the stake reduction, several institutional investors, including Xponance Inc. and Avantax Advisory Services Inc., have increased their holdings, indicating continued interest in the stock.
• Wyndham Hotels & Resorts reported a quarterly EPS of $1.33, surpassing estimates, and announced a $0.41 quarterly dividend, yielding 1.8% annually.

Northern Trust Corp lessened its stake in Wyndham Hotels & Resorts (NYSE:WH - Free Report) by 10.2% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 909,948 shares of the company's stock after selling 102,967 shares during the quarter. Northern Trust Corp owned about 1.18% of Wyndham Hotels & Resorts worth $82,359,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Brooklyn Investment Group boosted its position in Wyndham Hotels & Resorts by 94.7% in the 1st quarter. Brooklyn Investment Group now owns 1,221 shares of the company's stock valued at $111,000 after buying an additional 594 shares during the last quarter. Elequin Capital LP acquired a new stake in shares of Wyndham Hotels & Resorts during the 1st quarter worth approximately $29,000. Burgundy Asset Management Ltd. raised its stake in shares of Wyndham Hotels & Resorts by 3.0% during the first quarter. Burgundy Asset Management Ltd. now owns 2,369,461 shares of the company's stock worth $214,460,000 after buying an additional 68,172 shares during the last quarter. Algert Global LLC raised its stake in shares of Wyndham Hotels & Resorts by 613.0% during the first quarter. Algert Global LLC now owns 46,060 shares of the company's stock worth $4,169,000 after buying an additional 39,600 shares during the last quarter. Finally, Ethic Inc. lifted its holdings in Wyndham Hotels & Resorts by 9.0% in the first quarter. Ethic Inc. now owns 13,443 shares of the company's stock valued at $1,223,000 after buying an additional 1,106 shares during the period. 93.46% of the stock is currently owned by institutional investors and hedge funds.

Wyndham Hotels & Resorts Trading Down 1.3%

Shares of Wyndham Hotels & Resorts stock traded down $1.15 on Thursday, hitting $87.56. The stock had a trading volume of 585,337 shares, compared to its average volume of 1,021,333. The stock has a 50 day moving average of $85.89 and a 200 day moving average of $88.66. The firm has a market capitalization of $6.69 billion, a P/E ratio of 20.46, a PEG ratio of 1.54 and a beta of 0.99. Wyndham Hotels & Resorts has a twelve month low of $75.91 and a twelve month high of $113.07. 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 posted its earnings results 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 for the quarter, compared to analyst estimates 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 revenue for the quarter was up 8.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.13 EPS. Wyndham Hotels & Resorts has set its FY 2025 guidance at 4.600-4.780 EPS. Sell-side analysts expect that Wyndham Hotels & Resorts will post 4.79 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Dividend Announcement

The business 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 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date is Monday, September 15th. Wyndham Hotels & Resorts's payout ratio is 38.32%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on WH shares. Morgan Stanley restated an "overweight" rating and set a $105.00 target price on shares of Wyndham Hotels & Resorts in a research report on Tuesday, July 15th. Truist Financial upped their target price 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. Robert W. Baird increased their target price on shares of Wyndham Hotels & Resorts from $98.00 to $99.00 and gave the stock an "outperform" rating in a report on Friday, July 25th. Barclays lifted their price target on shares of Wyndham Hotels & Resorts from $100.00 to $101.00 and gave the stock an "overweight" rating in a research report on Friday, July 25th. Finally, Stifel Nicolaus lowered their price objective on shares of Wyndham Hotels & Resorts from $121.00 to $102.75 and set a "buy" rating for the company in a research report on Thursday, May 1st. Eleven equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $106.98.

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.