Wyndham Hotels & Resorts $WH Shares Sold by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio lowered its holdings in Wyndham Hotels & Resorts (NYSE:WH - Free Report) by 69.6% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,581 shares of the company's stock after selling 56,410 shares during the period. Public Employees Retirement System of Ohio's holdings in Wyndham Hotels & Resorts were worth $1,996,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Elequin Capital LP acquired a new position in shares of Wyndham Hotels & Resorts in the 1st quarter worth approximately $29,000. Geneos Wealth Management Inc. grew its stake in shares of Wyndham Hotels & Resorts by 49.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 376 shares of the company's stock worth $34,000 after purchasing an additional 124 shares during the last quarter. SVB Wealth LLC acquired a new position in shares of Wyndham Hotels & Resorts in the 1st quarter worth approximately $46,000. Versant Capital Management Inc boosted its holdings in shares of Wyndham Hotels & Resorts by 139.2% in the first quarter. Versant Capital Management Inc now owns 531 shares of the company's stock worth $48,000 after buying an additional 309 shares during the period. Finally, Quarry LP increased its position in shares of Wyndham Hotels & Resorts by 34.5% in the first quarter. Quarry LP now owns 542 shares of the company's stock worth $49,000 after acquiring an additional 139 shares in the last quarter. Institutional investors and hedge funds own 93.46% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages recently commented on WH. Morgan Stanley restated an "overweight" rating and issued a $105.00 price target on shares of Wyndham Hotels & Resorts in a research report on Tuesday, July 15th. Robert W. Baird upped 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 report on Friday, July 25th. Truist Financial upped 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 report on Friday, July 25th. JPMorgan Chase & Co. began coverage on shares of 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, Barclays upped 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 report on Friday, July 25th. Eleven research 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.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $106.98.

Wyndham Hotels & Resorts Stock Performance

Shares of WH opened at $81.10 on Friday. The company's 50 day moving average price is $85.68 and its 200 day moving average price is $85.20. Wyndham Hotels & Resorts has a 52 week low of $76.65 and a 52 week high of $113.07. The company has a market capitalization of $6.19 billion, a PE ratio of 18.95, a PEG ratio of 1.41 and a beta of 0.92. 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 data on Wednesday, July 23rd. The company reported $1.33 EPS for the quarter, beating analysts' consensus estimates of $1.16 by $0.17. Wyndham Hotels & Resorts had a net margin of 23.10% and a return on equity of 60.79%. The firm had revenue of $397.00 million for the quarter, compared to the consensus estimate of $384.69 million. During the same period in the previous year, the firm posted $1.13 earnings per share. The firm's 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 expect that Wyndham Hotels & Resorts will post 4.79 EPS for the current fiscal year.

Wyndham Hotels & Resorts Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Monday, September 15th were issued a $0.41 dividend. The ex-dividend date was Monday, September 15th. This represents a $1.64 dividend on an annualized basis and a yield of 2.0%. Wyndham Hotels & Resorts's dividend payout ratio 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.

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