US Bancorp DE Sells 232 Shares of Wyndham Hotels & Resorts $WH

US Bancorp DE lessened its holdings in Wyndham Hotels & Resorts (NYSE:WH) by 1.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,903 shares of the company’s stock after selling 232 shares during the quarter. US Bancorp DE’s holdings in Wyndham Hotels & Resorts were worth $1,373,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Janney Capital Management LLC bought a new position in Wyndham Hotels & Resorts in the 1st quarter valued at approximately $428,000. Generate Investment Management Ltd bought a new position in Wyndham Hotels & Resorts in the 1st quarter valued at approximately $6,258,000. SG Americas Securities LLC bought a new position in Wyndham Hotels & Resorts during the 1st quarter worth approximately $676,000. Bessemer Group Inc. raised its holdings in Wyndham Hotels & Resorts by 1.7% during the 1st quarter. Bessemer Group Inc. now owns 1,356,605 shares of the company’s stock worth $122,786,000 after purchasing an additional 22,990 shares during the last quarter. Finally, Lecap Asset Management Ltd. bought a new position in Wyndham Hotels & Resorts during the 1st quarter worth approximately $462,000. Institutional investors own 93.46% of the company’s stock.

Wyndham Hotels & Resorts Stock Performance

NYSE WH opened at $78.00 on Friday. 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 company has a market cap of $5.96 billion, a P/E ratio of 18.22, a PEG ratio of 1.37 and a beta of 0.92. The company has a fifty day simple moving average of $83.99 and a 200 day simple moving average of $84.33. Wyndham Hotels & Resorts has a 12-month low of $75.29 and a 12-month high of $113.07.

Wyndham Hotels & Resorts (NYSE:WH) last posted its quarterly earnings data on Wednesday, July 23rd. The company reported $1.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.16 by $0.17. The firm had revenue of $397.00 million for the quarter, compared to the consensus estimate of $384.69 million. Wyndham Hotels & Resorts had a net margin of 23.10% and a return on equity of 60.79%. The business’s revenue for the quarter was up 8.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.13 EPS. Wyndham Hotels & Resorts has set its FY 2025 guidance at 4.600-4.780 EPS. Sell-side analysts predict 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 disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th were issued a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend was Monday, September 15th. Wyndham Hotels & Resorts’s payout ratio is currently 38.32%.

Analysts Set New Price Targets

Several research firms have issued reports on WH. Truist Financial raised their price target 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. began coverage on shares of Wyndham Hotels & Resorts in a report on Monday, June 23rd. They set an “overweight” rating and a $101.00 price target for the company. Weiss Ratings restated a “hold (c+)” rating on shares of Wyndham Hotels & Resorts in a report on Wednesday, October 8th. Barclays lowered their price target on shares of Wyndham Hotels & Resorts from $101.00 to $99.00 and set an “overweight” rating for the company in a report on Friday, October 3rd. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $105.00 price objective on shares of Wyndham Hotels & Resorts in a research report on Tuesday, July 15th. Eleven equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, Wyndham Hotels & Resorts currently has an average rating of “Moderate Buy” and an average price target of $106.81.

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.