Bank of Montreal Can Has $974,000 Holdings in Wyndham Hotels & Resorts $WH

Bank of Montreal Can lessened its holdings in Wyndham Hotels & Resorts (NYSE:WH) by 7.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,988 shares of the company’s stock after selling 906 shares during the period. Bank of Montreal Can’s holdings in Wyndham Hotels & Resorts were worth $974,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in WH. Avantax Advisory Services Inc. boosted its stake in shares of Wyndham Hotels & Resorts by 2.8% during the first quarter. Avantax Advisory Services Inc. now owns 5,015 shares of the company’s stock valued at $454,000 after purchasing an additional 135 shares in the last quarter. Allianz Asset Management GmbH raised its holdings in Wyndham Hotels & Resorts by 250.0% in the 1st quarter. Allianz Asset Management GmbH now owns 88,129 shares of the company’s stock valued at $7,977,000 after buying an additional 62,951 shares during the last quarter. Commerce Bank boosted its position in Wyndham Hotels & Resorts by 2,247.5% during the 1st quarter. Commerce Bank now owns 204,892 shares of the company’s stock worth $18,545,000 after buying an additional 196,164 shares during the period. Entropy Technologies LP bought a new stake in Wyndham Hotels & Resorts during the 1st quarter worth approximately $378,000. Finally, Element Capital Management LLC bought a new stake in Wyndham Hotels & Resorts during the 1st quarter worth approximately $2,683,000. Institutional investors own 93.46% of the company’s stock.

Analyst Ratings Changes

WH has been the subject of several analyst reports. Susquehanna dropped their price target on shares of Wyndham Hotels & Resorts from $95.00 to $80.00 and set a “neutral” rating for the company in a research note on Monday, October 27th. Morgan Stanley set a $91.00 price objective on Wyndham Hotels & Resorts and gave the company an “overweight” rating in a report on Wednesday, October 22nd. Barclays cut their target price on Wyndham Hotels & Resorts from $99.00 to $95.00 and set an “overweight” rating on the stock in a report on Friday, October 24th. Zacks Research lowered Wyndham Hotels & Resorts from a “hold” rating to a “strong sell” rating in a research report on Thursday, November 6th. Finally, Robert W. Baird lowered their price objective on Wyndham Hotels & Resorts from $93.00 to $89.00 and set an “outperform” rating for the company in a research report on Tuesday, October 28th. Ten research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $99.86.

Wyndham Hotels & Resorts Price Performance

WH stock opened at $72.04 on Friday. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 4.43. The firm has a market cap of $5.44 billion, a price-to-earnings ratio of 16.56, a PEG ratio of 1.88 and a beta of 0.89. The company’s fifty day simple moving average is $78.71 and its 200 day simple moving average is $82.98. Wyndham Hotels & Resorts has a 12-month low of $71.37 and a 12-month high of $113.07.

Wyndham Hotels & Resorts (NYSE:WH) last issued its quarterly earnings results on Wednesday, October 22nd. The company reported $1.46 earnings per share for the quarter, topping analysts’ consensus estimates of $1.42 by $0.04. Wyndham Hotels & Resorts had a return on equity of 61.12% and a net margin of 23.54%.The firm had revenue of $764.00 million during the quarter, compared to the consensus estimate of $406.29 million. During the same period last year, the business posted $1.39 EPS. The business’s revenue was down 3.5% compared to the same quarter last year. Wyndham Hotels & Resorts has set its FY 2025 guidance at 4.480-4.62 EPS. On average, analysts expect that Wyndham Hotels & Resorts will post 4.79 earnings per share for the current year.

Wyndham Hotels & Resorts Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 30th. Shareholders of record on Monday, December 15th will be issued a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date is Monday, December 15th. Wyndham Hotels & Resorts’s payout ratio is presently 37.70%.

Insiders Place Their Bets

In other Wyndham Hotels & Resorts news, General Counsel Paul F. Cash sold 36,379 shares of the business’s stock in a transaction that occurred on Friday, November 14th. The stock was sold at an average price of $71.66, for a total value of $2,606,919.14. Following the transaction, the general counsel directly owned 39,123 shares of the company’s stock, valued at approximately $2,803,554.18. The trade was a 48.18% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 2.46% of the company’s stock.

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.