Wyndham Hotels & Resorts $WH Stock Holdings Boosted by Bessemer Group Inc.

Bessemer Group Inc. increased its stake in Wyndham Hotels & Resorts (NYSE:WH) by 0.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,364,127 shares of the company’s stock after purchasing an additional 7,522 shares during the quarter. Bessemer Group Inc. owned about 1.79% of Wyndham Hotels & Resorts worth $110,782,000 at the end of the most recent quarter.

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

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. Barclays reduced their price objective on shares of Wyndham Hotels & Resorts from $99.00 to $95.00 and set an “overweight” rating for the company in a report on Friday. 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 price target on shares of Wyndham Hotels & Resorts and gave the company an “overweight” rating in a report on Wednesday, October 22nd. Truist Financial set a $98.00 price target on shares of Wyndham Hotels & Resorts in a report on Friday. Finally, Stifel Nicolaus cut their price target on shares of Wyndham Hotels & Resorts from $103.50 to $95.50 and set a “buy” rating for the company in a report on Thursday. Eleven research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $101.96.

Wyndham Hotels & Resorts Price Performance

NYSE WH opened at $74.74 on Tuesday. The stock’s 50-day moving average price is $82.66 and its two-hundred day moving average price is $83.98. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 4.43. The company has a market cap of $5.65 billion, a PE ratio of 17.18, a PEG ratio of 1.75 and a beta of 0.92. Wyndham Hotels & Resorts has a 1 year low of $73.69 and a 1 year high of $113.07.

Wyndham Hotels & Resorts (NYSE:WH) last posted its quarterly earnings data on Wednesday, October 22nd. The company reported $1.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.42 by $0.04. The firm had revenue of $382.00 million for 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%.The business’s revenue for the quarter was down 3.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.39 EPS. Wyndham Hotels & Resorts has set its FY 2025 guidance at 4.480-4.62 EPS. On average, analysts predict that Wyndham Hotels & Resorts will post 4.79 EPS for the current year.

Wyndham Hotels & Resorts Dividend Announcement

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

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.