Magnetar Financial LLC Lowers Stock Holdings in Wyndham Hotels & Resorts $WH

Magnetar Financial LLC reduced its stake in Wyndham Hotels & Resorts (NYSE:WH) by 90.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,740 shares of the company’s stock after selling 52,843 shares during the period. Magnetar Financial LLC’s holdings in Wyndham Hotels & Resorts were worth $466,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Elequin Capital LP purchased a new position in Wyndham Hotels & Resorts during the 1st quarter worth $29,000. Hantz Financial Services Inc. grew its position in shares of Wyndham Hotels & Resorts by 5,950.0% during the 2nd quarter. Hantz Financial Services Inc. now owns 363 shares of the company’s stock worth $29,000 after buying an additional 357 shares in the last quarter. Geneos Wealth Management Inc. increased its stake in shares of 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 buying an additional 124 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in shares of Wyndham Hotels & Resorts by 88.6% during the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 528 shares of the company’s stock valued at $43,000 after buying an additional 248 shares during the period. Finally, SVB Wealth LLC bought a new stake in shares of Wyndham Hotels & Resorts in the first quarter valued at about $46,000. Institutional investors own 93.46% of the company’s stock.

Analyst Ratings Changes

Several brokerages have issued reports on WH. Stifel Nicolaus dropped their target price on shares of Wyndham Hotels & Resorts from $103.50 to $95.50 and set a “buy” rating on the stock in a report on Thursday, October 23rd. Susquehanna dropped their price objective on shares of Wyndham Hotels & Resorts from $95.00 to $80.00 and set a “neutral” rating on the stock in a research note on Monday, October 27th. Zacks Research lowered shares of Wyndham Hotels & Resorts from a “hold” rating to a “strong sell” rating in a report on Thursday, November 6th. Wells Fargo & Company began coverage on Wyndham Hotels & Resorts in a report on Tuesday, November 18th. They set an “equal weight” rating and a $82.00 target price for the company. Finally, Barclays dropped their target price on Wyndham Hotels & Resorts from $99.00 to $95.00 and set an “overweight” rating on the stock in a research report on Friday, October 24th. Nine analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Wyndham Hotels & Resorts has a consensus rating of “Moderate Buy” and a consensus price target of $96.77.

Insider Activity at Wyndham Hotels & Resorts

In related news, General Counsel Paul F. Cash sold 36,379 shares of Wyndham Hotels & Resorts stock in a transaction that occurred on Friday, November 14th. The shares were sold at an average price of $71.66, for a total value of $2,606,919.14. Following the completion of the sale, the general counsel directly owned 39,123 shares in the company, valued at $2,803,554.18. This trade represents a 48.18% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 2.46% of the stock is owned by insiders.

Wyndham Hotels & Resorts Price Performance

NYSE WH opened at $71.57 on Tuesday. The firm’s fifty day simple moving average is $76.87 and its two-hundred day simple moving average is $82.39. The firm has a market capitalization of $5.41 billion, a P/E ratio of 16.45, a P/E/G ratio of 1.90 and a beta of 0.89. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 4.43. Wyndham Hotels & Resorts has a 12-month low of $69.21 and a 12-month 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 for the quarter, topping 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 firm had revenue of $764.00 million during the quarter, compared to analysts’ expectations of $406.29 million. During the same quarter last year, the firm earned $1.39 EPS. The business’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. Analysts forecast that Wyndham Hotels & Resorts will post 4.79 EPS for the current fiscal year.

Wyndham Hotels & Resorts Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 30th. Stockholders of record on Monday, December 15th will be issued a dividend of $0.41 per share. The ex-dividend date is Monday, December 15th. This represents a $1.64 annualized dividend and a dividend yield of 2.3%. Wyndham Hotels & Resorts’s dividend payout ratio is 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.