Wyndham Hotels & Resorts $WH Shares Purchased by Tributary Capital Management LLC

Tributary Capital Management LLC boosted its stake in Wyndham Hotels & Resorts (NYSE:WH) by 3.8% during the second quarter, Holdings Channel.com reports. The fund owned 11,182 shares of the company’s stock after purchasing an additional 408 shares during the quarter. Tributary Capital Management LLC’s holdings in Wyndham Hotels & Resorts were worth $908,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Burgundy Asset Management Ltd. boosted its stake in Wyndham Hotels & Resorts by 3.0% during the 1st quarter. Burgundy Asset Management Ltd. now owns 2,369,461 shares of the company’s stock worth $214,460,000 after purchasing an additional 68,172 shares during the last quarter. Bessemer Group Inc. boosted its stake 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. Bank of New York Mellon Corp boosted its stake in Wyndham Hotels & Resorts by 3.1% during the 1st quarter. Bank of New York Mellon Corp now owns 878,295 shares of the company’s stock worth $79,494,000 after purchasing an additional 26,321 shares during the last quarter. Nuveen LLC acquired a new stake in Wyndham Hotels & Resorts during the 1st quarter worth $70,353,000. Finally, Charles Schwab Investment Management Inc. boosted its stake in Wyndham Hotels & Resorts by 1.0% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 740,217 shares of the company’s stock worth $66,997,000 after purchasing an additional 7,507 shares during the last quarter. Institutional investors and hedge funds own 93.46% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on WH shares. Barclays dropped their price objective 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. Truist Financial upped their price objective on shares of Wyndham Hotels & Resorts from $100.00 to $101.00 and gave the company a “buy” rating in a report on Friday, July 25th. Weiss Ratings reissued a “hold (c+)” rating on shares of Wyndham Hotels & Resorts in a report on Wednesday, October 8th. Morgan Stanley set a $91.00 target price on shares of Wyndham Hotels & Resorts and gave the company an “overweight” rating in a research report on Wednesday. Finally, Robert W. Baird upped their target price on shares of Wyndham Hotels & Resorts from $98.00 to $99.00 and gave the company an “outperform” rating in a research report on Friday, July 25th. Eleven investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $105.65.

Wyndham Hotels & Resorts Stock Down 1.0%

Shares of WH opened at $80.32 on Thursday. The stock has a market capitalization of $6.13 billion, a PE ratio of 18.77, a P/E/G ratio of 1.44 and a beta of 0.92. Wyndham Hotels & Resorts has a 1 year low of $75.29 and a 1 year high of $113.07. The company has a debt-to-equity ratio of 4.44, a quick ratio of 1.03 and a current ratio of 1.03. The company’s 50-day simple moving average is $83.44 and its 200-day simple moving average is $84.10.

Wyndham Hotels & Resorts (NYSE:WH) last released its earnings results on Wednesday, October 22nd. The company reported $1.46 earnings per share for the quarter, topping analysts’ consensus estimates of $1.43 by $0.03. Wyndham Hotels & Resorts had a net margin of 23.10% and a return on equity of 60.79%. The firm had revenue of $382.00 million for the quarter, compared to analyst estimates of $406.29 million. During the same period in the prior year, the firm earned $1.39 earnings per share. The business’s quarterly 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. Analysts forecast that Wyndham Hotels & Resorts will post 4.79 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Monday, September 15th were paid a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date was Monday, September 15th. Wyndham Hotels & Resorts’s dividend payout ratio is presently 38.32%.

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.