Wyndham Hotels & Resorts (NYSE:WH) Short Interest Up 26.4% in August

Key Points

• Wyndham Hotels & Resorts experienced a significant 26.4% increase in short interest in August, totaling 5,120,000 shares, with a current short-interest ratio of 4.7 days.
• Institutional investors hold 93.46% of the company's stock, with notable recent investments from Norges Bank and Long Pond Capital LP, which increased its holdings by 545.8%.
• The company reported earnings of $1.33 per share for the quarter, surpassing estimates by $0.17, alongside a forecasted FY 2025 EPS guidance of 4.600-4.780.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) saw a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 5,120,000 shares, an increase of 26.4% from the August 15th total of 4,050,000 shares. Based on an average daily trading volume, of 1,080,000 shares, the days-to-cover ratio is currently 4.7 days. Currently, 6.9% of the shares of the company are sold short. Currently, 6.9% of the shares of the company are sold short. Based on an average daily trading volume, of 1,080,000 shares, the days-to-cover ratio is currently 4.7 days.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on WH. Barclays raised their price target on shares of Wyndham Hotels & Resorts from $100.00 to $101.00 and gave the stock 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 for the company. Robert W. Baird raised 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. Morgan Stanley restated an "overweight" rating and set a $105.00 price objective on shares of Wyndham Hotels & Resorts in a research report on Tuesday, July 15th. Finally, Truist Financial raised their target price on shares of Wyndham Hotels & Resorts from $100.00 to $101.00 and gave the stock a "buy" rating in a report on Friday, July 25th. Eleven research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $106.98.

Hedge Funds Weigh In On Wyndham Hotels & Resorts

A number of institutional investors have recently modified their holdings of WH. Bank Pictet & Cie Europe AG bought a new position in shares of Wyndham Hotels & Resorts in the fourth quarter valued at approximately $201,000. Captrust Financial Advisors increased its position in Wyndham Hotels & Resorts by 22.7% during the fourth quarter. Captrust Financial Advisors now owns 3,277 shares of the company's stock worth $330,000 after acquiring an additional 606 shares during the period. Cetera Investment Advisers increased its position in Wyndham Hotels & Resorts by 1.8% during the fourth quarter. Cetera Investment Advisers now owns 12,855 shares of the company's stock worth $1,296,000 after acquiring an additional 233 shares during the period. Man Group plc bought a new position in Wyndham Hotels & Resorts during the fourth quarter worth $339,000. Finally, Quantinno Capital Management LP increased its position in Wyndham Hotels & Resorts by 61.1% during the fourth quarter. Quantinno Capital Management LP now owns 14,434 shares of the company's stock worth $1,455,000 after acquiring an additional 5,473 shares during the period. Institutional investors own 93.46% of the company's stock.

Wyndham Hotels & Resorts Stock Down 1.0%

WH traded down $0.87 during midday trading on Monday, hitting $82.27. 109,436 shares of the company's stock traded hands, compared to its average volume of 1,010,650. The company has a market cap of $6.28 billion, a PE ratio of 19.22, a price-to-earnings-growth ratio of 1.46 and a beta of 0.93. The stock's fifty day simple moving average is $86.79 and its 200-day simple moving average is $85.77. 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 one year low of $76.65 and a one year high of $113.07.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last issued its quarterly earnings data on Wednesday, July 23rd. The company reported $1.33 earnings per share for the quarter, beating the consensus estimate of $1.16 by $0.17. The firm had revenue of $397.00 million for 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%. The company's revenue for the quarter was up 8.2% on a year-over-year basis. During the same quarter last year, the firm earned $1.13 earnings per share. Wyndham Hotels & Resorts has set its FY 2025 guidance at 4.600-4.780 EPS. As a group, equities analysts anticipate that Wyndham Hotels & Resorts will post 4.79 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be given 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 2.0%. Wyndham Hotels & Resorts's dividend payout ratio (DPR) 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.