MQS Management LLC Invests $563,000 in Wyndham Hotels & Resorts $WH

MQS Management LLC purchased a new position in shares of Wyndham Hotels & Resorts (NYSE:WH) during the 2nd quarter, HoldingsChannel.com reports. The fund purchased 6,936 shares of the company’s stock, valued at approximately $563,000.

Several other institutional investors have also modified their holdings of the stock. Tributary Capital Management LLC raised its holdings in shares of Wyndham Hotels & Resorts by 3.8% during the 2nd quarter. Tributary Capital Management LLC now owns 11,182 shares of the company’s stock worth $908,000 after acquiring an additional 408 shares during the period. Equitable Trust Co. increased its position in shares of Wyndham Hotels & Resorts by 51.0% during the 2nd quarter. Equitable Trust Co. now owns 14,134 shares of the company’s stock worth $1,148,000 after purchasing an additional 4,775 shares during the last quarter. TD Asset Management Inc increased its position in shares of Wyndham Hotels & Resorts by 15.6% during the 2nd quarter. TD Asset Management Inc now owns 24,784 shares of the company’s stock worth $2,013,000 after purchasing an additional 3,352 shares during the last quarter. Sequoia Financial Advisors LLC increased its position in shares of Wyndham Hotels & Resorts by 1.4% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 8,283 shares of the company’s stock worth $673,000 after purchasing an additional 118 shares during the last quarter. Finally, Vanguard Personalized Indexing Management LLC increased its position in shares of Wyndham Hotels & Resorts by 6.9% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 7,877 shares of the company’s stock worth $645,000 after purchasing an additional 510 shares during the last quarter. Hedge funds and other institutional investors own 93.46% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on WH. Truist Financial set a $98.00 price objective on Wyndham Hotels & Resorts in a research report on Friday. Barclays cut their price objective on Wyndham Hotels & Resorts from $99.00 to $95.00 and set an “overweight” rating for the company in a research report on Friday. Morgan Stanley set a $91.00 price objective on Wyndham Hotels & Resorts and gave the stock an “overweight” rating in a research report on Wednesday. Stifel Nicolaus cut their price objective on Wyndham Hotels & Resorts from $103.50 to $95.50 and set a “buy” rating for the company in a research report on Thursday. Finally, Robert W. Baird raised their price objective on Wyndham Hotels & Resorts from $98.00 to $99.00 and gave the stock 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 assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $104.46.

Wyndham Hotels & Resorts Stock Performance

NYSE WH opened at $74.77 on Friday. The company has a market cap of $5.71 billion, a P/E ratio of 17.19, a P/E/G ratio of 1.72 and a beta of 0.92. The company has a debt-to-equity ratio of 4.44, a current ratio of 0.13 and a quick ratio of 1.03. The stock has a 50-day moving average of $82.92 and a two-hundred day moving average of $84.09. Wyndham Hotels & Resorts has a 1-year low of $73.89 and a 1-year high of $113.07.

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, beating the consensus estimate of $1.42 by $0.04. The company 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%.Wyndham Hotels & Resorts’s revenue was down 3.5% compared to the same quarter last year. During the same period in the previous year, the company posted $1.39 EPS. Wyndham Hotels & Resorts has set its FY 2025 guidance at 4.480-4.62 EPS. As a group, analysts anticipate that Wyndham Hotels & Resorts will post 4.79 EPS for the current year.

Wyndham Hotels & Resorts Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th were given a $0.41 dividend. This represents a $1.64 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend was Monday, September 15th. Wyndham Hotels & Resorts’s payout ratio is currently 37.70%.

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.