XTX Topco Ltd Makes New Investment in Wyndham Hotels & Resorts (NYSE:WH)

Key Points

• XTX Topco Ltd has invested approximately $620,000 in Wyndham Hotels & Resorts, acquiring 6,851 shares of the company's stock.
• The stock of Wyndham Hotels & Resorts is currently valued at around $84.98, with a market capitalization of $6.49 billion and a recent 0.6% increase in stock price.
• Wyndham Hotels & Resorts reported a quarterly earnings per share (EPS) of $1.33, exceeding estimates by $0.17, along with an 8.2% year-over-year revenue growth.

XTX Topco Ltd bought a new stake in shares of Wyndham Hotels & Resorts (NYSE:WH - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 6,851 shares of the company's stock, valued at approximately $620,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Bessemer Group Inc. grew its stake in Wyndham Hotels & Resorts by 24,953.8% in the fourth quarter. Bessemer Group Inc. now owns 1,333,615 shares of the company's stock worth $134,414,000 after purchasing an additional 1,328,292 shares in the last quarter. Freestone Grove Partners LP purchased a new stake in shares of Wyndham Hotels & Resorts in the 4th quarter worth $54,738,000. Interval Partners LP bought a new position in shares of Wyndham Hotels & Resorts during the 4th quarter worth $31,991,000. Balyasny Asset Management L.P. purchased a new position in shares of Wyndham Hotels & Resorts during the fourth quarter valued at $29,846,000. Finally, Fiera Capital Corp purchased a new position in shares of Wyndham Hotels & Resorts during the first quarter valued at $22,073,000. 93.46% of the stock is currently owned by hedge funds and other institutional investors.

Wyndham Hotels & Resorts Stock Up 0.6%

Wyndham Hotels & Resorts stock traded up $0.54 during midday trading on Wednesday, reaching $85.54. The company's stock had a trading volume of 882,026 shares, compared to its average volume of 1,373,771. The company has a debt-to-equity ratio of 4.44, a current ratio of 1.03 and a quick ratio of 1.03. The stock has a market capitalization of $6.53 billion, a P/E ratio of 19.99, a PEG ratio of 1.50 and a beta of 0.99. The stock's 50-day simple moving average is $84.32 and its 200-day simple moving average is $90.58. Wyndham Hotels & Resorts has a 52-week low of $72.14 and a 52-week high of $113.07.

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 the consensus estimate of $1.16 by $0.17. The firm had revenue of $397.00 million during 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%. Wyndham Hotels & Resorts's revenue was up 8.2% on a year-over-year basis. During the same period last year, the firm posted $1.13 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 business also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Friday, June 13th were issued a dividend of $0.41 per share. The ex-dividend date of this dividend was Friday, June 13th. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.9%. Wyndham Hotels & Resorts's payout ratio is 38.32%.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on WH shares. The Goldman Sachs Group dropped their target price on shares of Wyndham Hotels & Resorts from $124.00 to $108.00 and set a "buy" rating on the stock in a report on Monday, April 14th. Robert W. Baird upped their price target on shares of Wyndham Hotels & Resorts from $98.00 to $99.00 and gave the stock an "outperform" rating in a research report on Friday, July 25th. Truist Financial lifted their price objective on shares of Wyndham Hotels & Resorts from $100.00 to $101.00 and gave the company a "buy" rating in a report on Friday, July 25th. Barclays boosted their price objective on shares of Wyndham Hotels & Resorts from $100.00 to $101.00 and gave the stock an "overweight" rating in a research note on Friday, July 25th. Finally, Stifel Nicolaus dropped their target price on Wyndham Hotels & Resorts from $121.00 to $102.75 and set a "buy" rating on the stock in a research report on Thursday, May 1st. Two analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to data from MarketBeat.com, Wyndham Hotels & Resorts presently has an average rating of "Moderate Buy" and a consensus price target of $106.98.

Insider Buying and Selling at Wyndham Hotels & Resorts

In related news, CEO Geoffrey A. Ballotti sold 26,724 shares of the firm's stock in a transaction on Friday, May 16th. The stock was sold at an average price of $85.77, for a total value of $2,292,117.48. Following the completion of the transaction, the chief executive officer owned 467,394 shares in the company, valued at $40,088,383.38. This trade represents a 5.41% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 2.46% of the stock is owned by company insiders.

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.