Credit Agricole S A Trims Holdings in Wyndham Hotels & Resorts $WH

Key Points

• Credit Agricole S A has reduced its holdings in Wyndham Hotels & Resorts by 4.7%, owning now 81,000 shares valued at approximately $7.33 million.
• The company has reported a quarterly earnings per share of $1.33, exceeding analysts' expectations, alongside a year-over-year revenue increase of 8.2%.
• Wyndham Hotels & Resorts has declared a quarterly dividend of $0.41, with an annualized yield of 1.9%.

Credit Agricole S A lessened its holdings in Wyndham Hotels & Resorts (NYSE:WH - Free Report) by 4.7% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 81,000 shares of the company's stock after selling 4,000 shares during the quarter. Credit Agricole S A owned approximately 0.11% of Wyndham Hotels & Resorts worth $7,331,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Janney Capital Management LLC bought a new position in Wyndham Hotels & Resorts in the 1st quarter valued at $428,000. Man Group plc bought a new position in Wyndham Hotels & Resorts in the 4th quarter valued at $339,000. Generate Investment Management Ltd bought a new position in shares of Wyndham Hotels & Resorts during the 1st quarter worth $6,258,000. USA Financial Formulas bought a new position in shares of Wyndham Hotels & Resorts during the 1st quarter worth $314,000. Finally, NBC Securities Inc. grew its position in shares of Wyndham Hotels & Resorts by 133,933.3% during the 1st quarter. NBC Securities Inc. now owns 4,021 shares of the company's stock worth $363,000 after buying an additional 4,018 shares in the last quarter. Institutional investors own 93.46% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on WH. Morgan Stanley reissued an "overweight" rating and set a $105.00 price target on shares of Wyndham Hotels & Resorts in a research report on Tuesday, July 15th. Truist Financial upped their price objective 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. Robert W. Baird upped their price objective on Wyndham Hotels & Resorts from $98.00 to $99.00 and gave the stock an "outperform" rating in a research note on Friday, July 25th. Stifel Nicolaus decreased their price objective on Wyndham Hotels & Resorts from $121.00 to $102.75 and set a "buy" rating for the company in a research note on Thursday, May 1st. Finally, JPMorgan Chase & Co. began coverage on Wyndham Hotels & Resorts in a research note on Monday, June 23rd. They set an "overweight" rating and a $101.00 price objective for the company. Eleven 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, Wyndham Hotels & Resorts presently has a consensus rating of "Moderate Buy" and a consensus price target of $106.98.

Wyndham Hotels & Resorts Stock Up 2.6%

Wyndham Hotels & Resorts stock traded up $2.2530 during midday trading on Friday, reaching $88.8630. The company's stock had a trading volume of 521,026 shares, compared to its average volume of 934,550. The stock's 50-day simple moving average is $85.42 and its 200-day simple moving average is $88.81. The company has a debt-to-equity ratio of 4.44, a current ratio of 1.03 and a quick ratio of 1.03. Wyndham Hotels & Resorts has a 52-week low of $75.91 and a 52-week high of $113.07. The stock has a market capitalization of $6.79 billion, a P/E ratio of 20.76, a PEG ratio of 1.57 and a beta of 0.99.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last released its quarterly earnings results 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 return on equity of 60.79% and a net margin of 23.10%.The company had revenue of $397.00 million during the quarter, compared to analysts' expectations of $384.69 million. During the same period last year, the business posted $1.13 earnings per share. The firm's revenue was up 8.2% compared to the same quarter last year. Wyndham Hotels & Resorts has set its FY 2025 guidance at 4.600-4.780 EPS. On average, sell-side analysts expect that Wyndham Hotels & Resorts will post 4.79 EPS for the current year.

Wyndham Hotels & Resorts Dividend Announcement

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 paid a $0.41 dividend. The ex-dividend date is Monday, September 15th. This represents a $1.64 dividend on an annualized basis and a yield of 1.8%. Wyndham Hotels & Resorts's dividend payout ratio (DPR) is 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.