Baird Financial Group Inc. Lowers Stock Holdings in Wyndham Hotels & Resorts $WH

Baird Financial Group Inc. lessened its holdings in Wyndham Hotels & Resorts (NYSE:WH) by 3.6% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,365 shares of the company’s stock after selling 126 shares during the period. Baird Financial Group Inc.’s holdings in Wyndham Hotels & Resorts were worth $305,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the business. Janney Capital Management LLC bought a new stake in shares of Wyndham Hotels & Resorts in the 1st quarter worth about $428,000. Man Group plc bought a new stake in shares of Wyndham Hotels & Resorts in the 4th quarter worth about $339,000. Generate Investment Management Ltd bought a new stake in shares of Wyndham Hotels & Resorts in the 1st quarter worth about $6,258,000. USA Financial Formulas bought a new stake in shares of Wyndham Hotels & Resorts in the 1st quarter worth about $314,000. Finally, NBC Securities Inc. increased its holdings in shares of Wyndham Hotels & Resorts by 133,933.3% in 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 during the last quarter. Institutional investors own 93.46% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. JPMorgan Chase & Co. assumed coverage on shares of Wyndham Hotels & Resorts in a report on Monday, June 23rd. They issued an “overweight” rating and a $101.00 target price on the stock. Morgan Stanley reiterated an “overweight” rating and set a $105.00 price objective on shares of Wyndham Hotels & Resorts in a research report on Tuesday, July 15th. Robert W. Baird boosted 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 boosted 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, Barclays boosted 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. Eleven equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $106.98.

Wyndham Hotels & Resorts Trading Up 5.0%

NYSE WH opened at $88.43 on Friday. The company’s 50-day moving average price is $87.11 and its 200-day moving average price is $86.95. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 4.44. The stock has a market cap of $6.75 billion, a PE ratio of 20.66, a PEG ratio of 1.48 and a beta of 0.93. Wyndham Hotels & Resorts has a 12 month low of $76.65 and a 12 month high of $113.07.

Wyndham Hotels & Resorts (NYSE:WH) last released its quarterly earnings data on Wednesday, July 23rd. The company reported $1.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.16 by $0.17. The company had revenue of $397.00 million during the quarter, compared to analysts’ expectations of $384.69 million. Wyndham Hotels & Resorts had a net margin of 23.10% and a return on equity of 60.79%. The firm’s quarterly revenue was up 8.2% on a year-over-year basis. During the same period in the previous year, the company earned $1.13 EPS. Wyndham Hotels & Resorts has set its FY 2025 guidance at 4.600-4.780 EPS. Equities research analysts forecast that Wyndham Hotels & Resorts will post 4.79 earnings per share for the current year.

Wyndham Hotels & Resorts Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th will be given a $0.41 dividend. This represents a $1.64 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend is Monday, September 15th. Wyndham Hotels & Resorts’s payout ratio 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.