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

A number of other hedge funds and other institutional investors have also modified their holdings of WH. Quarry LP bought a new position in Wyndham Hotels & Resorts during the fourth quarter worth about $41,000. FIL Ltd boosted its holdings in shares of Wyndham Hotels & Resorts by 226.6% during the fourth quarter. FIL Ltd now owns 454 shares of the company's stock worth $46,000 after acquiring an additional 315 shares during the period. Versant Capital Management Inc boosted its holdings in shares of Wyndham Hotels & Resorts by 139.2% during the first quarter. Versant Capital Management Inc now owns 531 shares of the company's stock worth $48,000 after acquiring an additional 309 shares during the period. First Horizon Advisors Inc. boosted its holdings in shares of Wyndham Hotels & Resorts by 36.1% during the first quarter. First Horizon Advisors Inc. now owns 626 shares of the company's stock worth $57,000 after acquiring an additional 166 shares during the period. Finally, State of Wyoming bought a new stake in shares of Wyndham Hotels & Resorts during the fourth quarter worth approximately $69,000. Institutional investors and hedge funds own 93.46% of the company's stock.

Wyndham Hotels & Resorts Price Performance

Shares of WH traded up $0.13 during trading hours on Friday, reaching $83.92. The stock had a trading volume of 630,326 shares, compared to its average volume of 1,344,156. The stock has a market capitalization of $6.41 billion, a PE ratio of 19.61, a PEG ratio of 1.47 and a beta of 0.99. Wyndham Hotels & Resorts has a 12 month low of $72.63 and a 12 month high of $113.07. The company's 50-day moving average is $84.35 and its two-hundred day moving average is $90.26. 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 quarterly earnings data on Wednesday, July 23rd. The company reported $1.33 earnings per share for the quarter, beating analysts' consensus estimates of $1.16 by $0.17. The business had revenue of $397.00 million during the quarter, compared to the consensus estimate of $384.69 million. Wyndham Hotels & Resorts had a return on equity of 60.79% and a net margin of 23.10%. Wyndham Hotels & Resorts's quarterly revenue was up 8.2% on a year-over-year basis. During the same period in the prior year, the business posted $1.13 earnings per share. Research 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. Investors of record on Friday, June 13th were issued a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date was Friday, June 13th. Wyndham Hotels & Resorts's dividend payout ratio is presently 38.32%.

Insiders Place Their Bets

In other Wyndham Hotels & Resorts news, CEO Geoffrey A. Ballotti sold 26,724 shares of the stock in a transaction dated Friday, May 16th. The stock was sold at an average price of $85.77, for a total transaction of $2,292,117.48. Following the completion of the sale, the chief executive officer directly owned 467,394 shares in the company, valued at approximately $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 accessible through this link. 2.46% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on WH. Robert W. Baird boosted their price objective on Wyndham Hotels & Resorts from $98.00 to $99.00 and gave the stock an "outperform" rating in a report on Friday, July 25th. Stifel Nicolaus reduced their price objective on Wyndham Hotels & Resorts from $121.00 to $102.75 and set a "buy" rating for the company in a report on Thursday, May 1st. JPMorgan Chase & Co. began coverage on Wyndham Hotels & Resorts in a report on Monday, June 23rd. They set an "overweight" rating and a $101.00 price objective for the company. Truist Financial boosted their price objective on Wyndham Hotels & Resorts from $100.00 to $101.00 and gave the stock a "buy" rating in a report on Friday, July 25th. Finally, The Goldman Sachs Group reduced their price target on Wyndham Hotels & Resorts from $124.00 to $108.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. Two investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average 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.