Strs Ohio Purchases Shares of 19,018 Wyndham Hotels & Resorts $WH

Strs Ohio acquired a new position in Wyndham Hotels & Resorts (NYSE:WH) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 19,018 shares of the company’s stock, valued at approximately $1,721,000.

Several other large investors also recently added to or reduced their stakes in WH. Janney Capital Management LLC bought a new stake in Wyndham Hotels & Resorts during the first quarter valued at about $428,000. Man Group plc bought a new position in shares of Wyndham Hotels & Resorts during the 4th quarter valued at approximately $339,000. Generate Investment Management Ltd purchased a new stake in Wyndham Hotels & Resorts in the 1st quarter worth approximately $6,258,000. USA Financial Formulas purchased a new stake in Wyndham Hotels & Resorts in the 1st quarter worth approximately $314,000. Finally, NBC Securities Inc. raised its stake in Wyndham Hotels & Resorts by 133,933.3% during the 1st quarter. NBC Securities Inc. now owns 4,021 shares of the company’s stock worth $363,000 after acquiring an additional 4,018 shares during the period. 93.46% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on WH. Robert W. Baird increased their price objective on shares of Wyndham Hotels & Resorts from $98.00 to $99.00 and gave the stock an “outperform” rating in a research note on Friday, July 25th. Truist Financial upped 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. JPMorgan Chase & Co. assumed coverage on Wyndham Hotels & Resorts in a report on Monday, June 23rd. They set an “overweight” rating and a $101.00 price target on the stock. Barclays upped their price objective on 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, Morgan Stanley reissued an “overweight” rating and set a $105.00 target price on shares of Wyndham Hotels & Resorts in a research note on Tuesday, July 15th. Eleven investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $106.98.

Wyndham Hotels & Resorts Stock Performance

Wyndham Hotels & Resorts stock opened at $84.74 on Wednesday. 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 firm has a market capitalization of $6.47 billion, a P/E ratio of 19.80, a price-to-earnings-growth ratio of 1.48 and a beta of 0.93. Wyndham Hotels & Resorts has a 1-year low of $76.65 and a 1-year high of $113.07. The company’s 50-day moving average is $87.13 and its 200 day moving average is $86.33.

Wyndham Hotels & Resorts (NYSE:WH) last announced its earnings results 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 business had revenue of $397.00 million during the quarter, compared to analyst estimates of $384.69 million. Wyndham Hotels & Resorts had a return on equity of 60.79% and a net margin of 23.10%.The company’s revenue for the quarter was up 8.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.13 earnings per share. Wyndham Hotels & Resorts has set its FY 2025 guidance at 4.600-4.780 EPS. Research analysts forecast that Wyndham Hotels & Resorts will post 4.79 EPS for the current year.

Wyndham Hotels & Resorts Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be paid a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend is Monday, September 15th. Wyndham Hotels & Resorts’s payout ratio is currently 38.32%.

About Wyndham Hotels & Resorts

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.