IFP Advisors Inc Sells 167 Shares of Wyndham Hotels & Resorts $WH

IFP Advisors Inc decreased its stake in shares of Wyndham Hotels & Resorts (NYSE:WH) by 6.6% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,347 shares of the company’s stock after selling 167 shares during the quarter. IFP Advisors Inc’s holdings in Wyndham Hotels & Resorts were worth $191,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Elequin Capital LP bought a new position in shares of Wyndham Hotels & Resorts during the first quarter worth $29,000. Geneos Wealth Management Inc. lifted its position in Wyndham Hotels & Resorts by 49.2% during the first quarter. Geneos Wealth Management Inc. now owns 376 shares of the company’s stock valued at $34,000 after purchasing an additional 124 shares during the last quarter. SVB Wealth LLC bought a new position in Wyndham Hotels & Resorts during the first quarter valued at $46,000. Quarry LP lifted its position in Wyndham Hotels & Resorts by 34.5% during the first quarter. Quarry LP now owns 542 shares of the company’s stock valued at $49,000 after purchasing an additional 139 shares during the last quarter. Finally, First Horizon Advisors Inc. lifted its position in Wyndham Hotels & Resorts by 36.1% during the first quarter. First Horizon Advisors Inc. now owns 626 shares of the company’s stock valued at $57,000 after purchasing an additional 166 shares during the last quarter. Institutional investors own 93.46% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Truist Financial increased their price objective on shares of Wyndham Hotels & Resorts from $100.00 to $101.00 and gave the company a “buy” rating in a research report on Friday, July 25th. Morgan Stanley reiterated an “overweight” rating and set a $105.00 price objective on shares of Wyndham Hotels & Resorts in a research report on Tuesday, July 15th. Barclays lowered 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 research report on Friday, October 3rd. Robert W. Baird increased their price objective 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. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Wyndham Hotels & Resorts in a research report on Wednesday, October 8th. Eleven 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.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $106.81.

Wyndham Hotels & Resorts Trading Up 0.6%

WH stock opened at $78.40 on Friday. The company has a market capitalization of $5.99 billion, a PE ratio of 18.32, a P/E/G ratio of 1.37 and a beta of 0.92. Wyndham Hotels & Resorts has a 12 month low of $75.29 and a 12 month high of $113.07. The firm’s 50-day moving average is $83.88 and its 200 day moving average is $84.24. The company has a debt-to-equity ratio of 4.44, a current ratio of 1.03 and a quick ratio of 1.03.

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

Wyndham Hotels & Resorts Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Monday, September 15th were paid a $0.41 dividend. 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 (DPR) is currently 38.32%.

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.