Brown Advisory Inc. lowered its position in shares of Wyndham Hotels & Resorts (NYSE:WH – Free Report) by 9.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 167,925 shares of the company’s stock after selling 17,794 shares during the quarter. Brown Advisory Inc. owned about 0.22% of Wyndham Hotels & Resorts worth $13,637,000 as of its most recent SEC filing.
Other large investors have also recently bought and sold shares of the company. Cetera Investment Advisers lifted its stake in shares of Wyndham Hotels & Resorts by 8.8% in the 1st quarter. Cetera Investment Advisers now owns 13,992 shares of the company’s stock valued at $1,266,000 after purchasing an additional 1,137 shares during the period. LPL Financial LLC increased its holdings in Wyndham Hotels & Resorts by 45.8% in the first quarter. LPL Financial LLC now owns 27,149 shares of the company’s stock worth $2,457,000 after purchasing an additional 8,527 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Wyndham Hotels & Resorts by 1.0% in the first quarter. Charles Schwab Investment Management Inc. now owns 740,217 shares of the company’s stock valued at $66,997,000 after buying an additional 7,507 shares during the period. Citigroup Inc. lifted its stake in Wyndham Hotels & Resorts by 432.7% in the first quarter. Citigroup Inc. now owns 116,007 shares of the company’s stock valued at $10,500,000 after buying an additional 94,228 shares during the period. Finally, Entropy Technologies LP bought a new position in shares of Wyndham Hotels & Resorts during the 1st quarter worth approximately $378,000. 93.46% of the stock is currently owned by institutional investors and hedge funds.
Insider Transactions at Wyndham Hotels & Resorts
In related news, General Counsel Paul F. Cash sold 36,379 shares of the 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 completion of the sale, the general counsel directly owned 39,123 shares of the company’s stock, valued at approximately $2,803,554.18. This represents a 48.18% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 2.46% of the company’s stock.
Wyndham Hotels & Resorts Trading Down 0.3%
Wyndham Hotels & Resorts (NYSE:WH – Get Free Report) last released its quarterly earnings results on Wednesday, October 22nd. The company reported $1.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.42 by $0.04. The business had revenue of $382.00 million during the quarter, compared to the consensus estimate of $406.29 million. Wyndham Hotels & Resorts had a return on equity of 61.12% and a net margin of 23.54%.The company’s quarterly revenue was down 3.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.39 EPS. Wyndham Hotels & Resorts has set its FY 2025 guidance at 4.480-4.62 EPS. As a group, research analysts predict that Wyndham Hotels & Resorts will post 4.79 earnings per share for the current fiscal year.
Wyndham Hotels & Resorts Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 30th. Investors of record on Monday, December 15th will be issued a dividend of $0.41 per share. The ex-dividend date is Monday, December 15th. This represents a $1.64 annualized dividend and a yield of 2.3%. Wyndham Hotels & Resorts’s dividend payout ratio is 37.70%.
Analyst Upgrades and Downgrades
Several analysts have recently weighed in on WH shares. Wells Fargo & Company began coverage on shares of Wyndham Hotels & Resorts in a research note on Tuesday, November 18th. They issued an “equal weight” rating and a $82.00 price objective for the company. 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 report on Monday, October 27th. Zacks Research lowered shares of Wyndham Hotels & Resorts from a “hold” rating to a “strong sell” rating in a report on Thursday, November 6th. Truist Financial set a $98.00 price objective on shares of Wyndham Hotels & Resorts in a research report on Friday, October 24th. Finally, Mizuho assumed coverage on Wyndham Hotels & Resorts in a research note on Wednesday. They issued a “neutral” rating and a $71.00 target price for the company. Nine analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $94.63.
View Our Latest Research Report on WH
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.
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