Credit Agricole S A Reduces 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 cut its holdings in Wyndham Hotels & Resorts (NYSE:WH - Free Report) by 4.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm 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 SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Elequin Capital LP purchased a new stake in shares of Wyndham Hotels & Resorts in the 1st quarter worth about $29,000. Quarry LP purchased a new stake in shares of Wyndham Hotels & Resorts in the 4th quarter worth about $41,000. Versant Capital Management Inc grew its position in shares of Wyndham Hotels & Resorts by 139.2% in the 1st 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. First Horizon Advisors Inc. grew its position in shares of Wyndham Hotels & Resorts by 36.1% in the 1st quarter. First Horizon Advisors Inc. now owns 626 shares of the company's stock worth $57,000 after buying an additional 166 shares during the period. Finally, State of Wyoming purchased a new stake in shares of Wyndham Hotels & Resorts in the 4th quarter worth about $69,000. 93.46% of the stock is owned by hedge funds and other institutional investors.

Wyndham Hotels & Resorts Stock Performance

Shares of NYSE WH traded up $0.89 during trading on Wednesday, reaching $88.53. 121,976 shares of the company traded hands, compared to its average volume of 1,020,697. The firm has a 50 day simple moving average of $85.72 and a 200-day simple moving average of $88.66. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 4.44. The stock has a market capitalization of $6.76 billion, a PE ratio of 20.65, a P/E/G ratio of 1.54 and a beta of 0.99. Wyndham Hotels & Resorts has a 52-week low of $75.91 and a 52-week high of $113.07.

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

Wyndham Hotels & Resorts Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Monday, September 15th will be issued a $0.41 dividend. The ex-dividend date of this dividend is Monday, September 15th. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.9%. Wyndham Hotels & Resorts's dividend payout ratio (DPR) is presently 38.32%.

Analyst Ratings Changes

Several analysts recently commented on the stock. Barclays increased their price objective 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. JPMorgan Chase & Co. assumed coverage on shares of Wyndham Hotels & Resorts in a research report on Monday, June 23rd. They set an "overweight" rating and a $101.00 price objective on the stock. Robert W. Baird increased their price objective 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 increased their price objective 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. Finally, Morgan Stanley reissued an "overweight" rating and set a $105.00 price objective on shares of Wyndham Hotels & Resorts in a research report on Tuesday, July 15th. Eleven investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $106.98.

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.