Wyndham Hotels & Resorts $WH Shares Sold by Harvest Portfolios Group Inc.

Harvest Portfolios Group Inc. trimmed its position in Wyndham Hotels & Resorts (NYSE:WH) by 8.7% during the second quarter, HoldingsChannel.com reports. The firm owned 9,344 shares of the company’s stock after selling 886 shares during the quarter. Harvest Portfolios Group Inc.’s holdings in Wyndham Hotels & Resorts were worth $759,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Elequin Capital LP acquired a new stake in Wyndham Hotels & Resorts during the 1st quarter worth approximately $29,000. Hantz Financial Services Inc. grew its stake in Wyndham Hotels & Resorts by 5,950.0% during the second quarter. Hantz Financial Services Inc. now owns 363 shares of the company’s stock worth $29,000 after buying an additional 357 shares during the period. Geneos Wealth Management Inc. increased its position in shares of Wyndham Hotels & Resorts by 49.2% in the first quarter. Geneos Wealth Management Inc. now owns 376 shares of the company’s stock worth $34,000 after acquiring an additional 124 shares in the last quarter. SVB Wealth LLC acquired a new stake in shares of Wyndham Hotels & Resorts in the first quarter worth $46,000. Finally, Quarry LP raised its stake in shares of Wyndham Hotels & Resorts by 34.5% in the 1st quarter. Quarry LP now owns 542 shares of the company’s stock valued at $49,000 after acquiring an additional 139 shares during the period. 93.46% of the stock is owned by institutional investors and hedge funds.

Wyndham Hotels & Resorts Trading Up 2.3%

Shares of WH opened at $73.70 on Friday. Wyndham Hotels & Resorts has a one year low of $71.37 and a one year high of $113.07. The stock has a 50-day moving average price of $80.07 and a 200 day moving average price of $83.40. 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 company has a market capitalization of $5.57 billion, a P/E ratio of 16.94, a P/E/G ratio of 1.88 and a beta of 0.89.

Wyndham Hotels & Resorts (NYSE:WH) last announced its 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. Wyndham Hotels & Resorts had a return on equity of 61.12% and a net margin of 23.54%.The company had revenue of $764.00 million for the quarter, compared to analyst estimates of $406.29 million. During the same period in the prior year, the company posted $1.39 EPS. Wyndham Hotels & Resorts’s quarterly revenue was down 3.5% on a year-over-year basis. Wyndham Hotels & Resorts has set its FY 2025 guidance at 4.480-4.62 EPS. Sell-side analysts forecast that Wyndham Hotels & Resorts will post 4.79 EPS for the current fiscal year.

Wyndham Hotels & Resorts Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Monday, September 15th were issued 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%.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Wyndham Hotels & Resorts in a research report on Wednesday, October 8th. Barclays decreased their target price on Wyndham Hotels & Resorts from $99.00 to $95.00 and set an “overweight” rating for the company in a research report on Friday, October 24th. Robert W. Baird dropped their target price on Wyndham Hotels & Resorts from $93.00 to $89.00 and set an “outperform” rating on the stock in a report on Tuesday, October 28th. Morgan Stanley set a $91.00 price target on Wyndham Hotels & Resorts and gave the stock an “overweight” rating in a report on Wednesday, October 22nd. Finally, Stifel Nicolaus lowered their price objective on shares of Wyndham Hotels & Resorts from $103.50 to $95.50 and set a “buy” rating for the company in a research report on Thursday, October 23rd. Eleven investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $101.13.

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.