Creative Planning Trims Holdings in Wyndham Hotels & Resorts $WH

Creative Planning reduced its holdings in shares of Wyndham Hotels & Resorts (NYSE:WH) by 14.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,328 shares of the company’s stock after selling 1,951 shares during the period. Creative Planning’s holdings in Wyndham Hotels & Resorts were worth $920,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Avantax Advisory Services Inc. lifted its holdings 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 during the last quarter. Cetera Investment Advisers increased its position in Wyndham Hotels & Resorts by 8.8% during the 1st quarter. Cetera Investment Advisers now owns 13,992 shares of the company’s stock valued at $1,266,000 after buying an additional 1,137 shares in the last quarter. LPL Financial LLC raised its stake in Wyndham Hotels & Resorts by 45.8% during the first quarter. LPL Financial LLC now owns 27,149 shares of the company’s stock valued at $2,457,000 after buying an additional 8,527 shares during the last quarter. XTX Topco Ltd bought a new stake in Wyndham Hotels & Resorts in the first quarter worth $620,000. Finally, Vestcor Inc boosted its holdings in Wyndham Hotels & Resorts by 82.4% in the first quarter. Vestcor Inc now owns 6,200 shares of the company’s stock worth $561,000 after acquiring an additional 2,800 shares in the last quarter. Hedge funds and other institutional investors own 93.46% of the company’s stock.

Insider Activity

In other news, General Counsel Paul F. Cash sold 36,379 shares of the firm’s stock in a transaction 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 in the company, valued at $2,803,554.18. This trade represents a 48.18% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. 2.46% of the stock is currently owned by company insiders.

Wyndham Hotels & Resorts Price Performance

WH opened at $72.96 on Tuesday. The company’s 50-day simple moving average is $75.91 and its two-hundred day simple moving average is $81.94. The company has a debt-to-equity ratio of 4.43, a quick ratio of 1.16 and a current ratio of 1.16. The stock has a market capitalization of $5.51 billion, a P/E ratio of 16.77, a P/E/G ratio of 1.91 and a beta of 0.77. Wyndham Hotels & Resorts has a 52-week low of $69.21 and a 52-week high of $113.07.

Wyndham Hotels & Resorts (NYSE:WH) last released its quarterly earnings data on Wednesday, October 22nd. The company reported $1.46 earnings per share for the quarter, beating the consensus estimate of $1.42 by $0.04. The firm had revenue of $382.00 million during the quarter, compared to analysts’ expectations of $406.29 million. Wyndham Hotels & Resorts had a net margin of 23.54% and a return on equity of 61.12%. The firm’s quarterly revenue was down 3.5% on a year-over-year basis. During the same period in the previous year, the company earned $1.39 earnings per share. Wyndham Hotels & Resorts has set its FY 2025 guidance at 4.480-4.62 EPS. As a group, analysts predict that Wyndham Hotels & Resorts will post 4.79 EPS for the current year.

Wyndham Hotels & Resorts Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 30th. Stockholders of record on Monday, December 15th will be issued a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend is Monday, December 15th. Wyndham Hotels & Resorts’s dividend payout ratio is presently 37.70%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Morgan Stanley set a $91.00 price target on Wyndham Hotels & Resorts and gave the stock an “overweight” rating in a research report on Wednesday, October 22nd. Weiss Ratings restated a “hold (c)” rating on shares of Wyndham Hotels & Resorts in a research note on Monday, November 24th. Wall Street Zen cut shares of Wyndham Hotels & Resorts from a “hold” rating to a “sell” rating in a report on Saturday. Stifel Nicolaus cut their price target on shares of Wyndham Hotels & Resorts from $103.50 to $95.50 and set a “buy” rating on the stock in a report on Thursday, October 23rd. Finally, Susquehanna reduced 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 report on Monday, October 27th. Nine equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $96.77.

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.