Wyndham Hotels & Resorts $WH Shares Sold by WCM Investment Management LLC

WCM Investment Management LLC cut its holdings in shares of Wyndham Hotels & Resorts (NYSE:WH) by 1.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 287,781 shares of the company’s stock after selling 2,815 shares during the quarter. WCM Investment Management LLC owned about 0.37% of Wyndham Hotels & Resorts worth $23,561,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of WH. Nuveen LLC acquired a new position in Wyndham Hotels & Resorts in the 1st quarter valued at about $70,353,000. Samlyn Capital LLC boosted its holdings in Wyndham Hotels & Resorts by 144.7% in the 1st quarter. Samlyn Capital LLC now owns 661,554 shares of the company’s stock valued at $59,877,000 after purchasing an additional 391,181 shares during the last quarter. Fiera Capital Corp acquired a new position in Wyndham Hotels & Resorts in the 1st quarter valued at about $22,073,000. Long Pond Capital LP acquired a new position in Wyndham Hotels & Resorts in the 1st quarter valued at about $21,103,000. Finally, The Manufacturers Life Insurance Company boosted its holdings in Wyndham Hotels & Resorts by 155.2% in the 1st quarter. The Manufacturers Life Insurance Company now owns 371,823 shares of the company’s stock valued at $33,654,000 after purchasing an additional 226,146 shares during the last quarter. 93.46% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the stock. Morgan Stanley reiterated an “overweight” rating and issued a $105.00 target price on shares of Wyndham Hotels & Resorts in a report on Tuesday, July 15th. Barclays decreased their target price on shares of Wyndham Hotels & Resorts from $101.00 to $99.00 and set an “overweight” rating on the stock 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 stock a “buy” rating in a report on Friday, July 25th. Robert W. Baird upped their price objective on shares of Wyndham Hotels & Resorts from $98.00 to $99.00 and gave the stock an “outperform” rating in a report on Friday, July 25th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Wyndham Hotels & Resorts in a report on Wednesday, October 8th. Eleven equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $106.81.

Wyndham Hotels & Resorts Stock Performance

Shares of WH stock opened at $77.88 on Thursday. Wyndham Hotels & Resorts has a one year low of $75.29 and a one year high of $113.07. The firm’s 50 day moving average price is $84.11 and its 200-day moving average price is $84.41. The firm has a market cap of $5.95 billion, a P/E ratio of 18.20, a P/E/G ratio of 1.38 and a beta of 0.92. The company has a debt-to-equity ratio of 4.44, a quick ratio of 1.03 and a current ratio of 1.03.

Wyndham Hotels & Resorts (NYSE:WH) last announced its earnings results on Wednesday, July 23rd. The company reported $1.33 earnings per share for the quarter, topping the consensus estimate of $1.16 by $0.17. Wyndham Hotels & Resorts had a net margin of 23.10% and a return on equity of 60.79%. The firm had revenue of $397.00 million for the quarter, compared to the consensus estimate of $384.69 million. During the same period in the prior year, the firm earned $1.13 EPS. The firm’s revenue for the quarter was up 8.2% on a year-over-year basis. Wyndham Hotels & Resorts has set its FY 2025 guidance at 4.600-4.780 EPS. As a group, equities research analysts predict that Wyndham Hotels & Resorts will post 4.79 EPS for the current year.

Wyndham Hotels & Resorts Announces Dividend

The firm 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 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend was Monday, September 15th. Wyndham Hotels & Resorts’s dividend payout ratio is presently 38.32%.

About Wyndham Hotels & Resorts

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.