Wyndham Hotels & Resorts $WH Stock Holdings Lifted by JPMorgan Chase & Co.

JPMorgan Chase & Co. raised its stake in Wyndham Hotels & Resorts (NYSE:WH) by 3.1% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,539,476 shares of the company’s stock after acquiring an additional 46,966 shares during the period. JPMorgan Chase & Co. owned 2.02% of Wyndham Hotels & Resorts worth $125,021,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Elequin Capital LP acquired a new position in Wyndham Hotels & Resorts during the 1st quarter valued at about $29,000. Hantz Financial Services Inc. boosted its stake in Wyndham Hotels & Resorts by 5,950.0% during the 2nd quarter. Hantz Financial Services Inc. now owns 363 shares of the company’s stock valued at $29,000 after purchasing an additional 357 shares in the last quarter. Geneos Wealth Management Inc. grew its holdings in Wyndham Hotels & Resorts by 49.2% during 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 during the period. SVB Wealth LLC acquired a new position in shares of Wyndham Hotels & Resorts in the 1st quarter worth approximately $46,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. grew its position in Wyndham Hotels & Resorts by 88.6% in the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 528 shares of the company’s stock worth $43,000 after buying an additional 248 shares during the last quarter. Institutional investors and hedge funds own 93.46% of the company’s stock.

Analyst Ratings Changes

Several research firms have issued reports on WH. Susquehanna cut their price objective on Wyndham Hotels & Resorts from $95.00 to $80.00 and set a “neutral” rating on the stock in a report on Monday, October 27th. Morgan Stanley set a $91.00 price objective on Wyndham Hotels & Resorts and gave the stock an “overweight” rating in a report on Wednesday, October 22nd. Wells Fargo & Company assumed coverage on shares of Wyndham Hotels & Resorts in a research note on Tuesday, November 18th. They issued an “equal weight” rating and a $82.00 target price for the company. Stifel Nicolaus reduced their price target on 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. Finally, Truist Financial set a $98.00 price objective on shares of Wyndham Hotels & Resorts in a report on Friday, October 24th. Nine investment 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, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $96.77.

Wyndham Hotels & Resorts Price Performance

Shares of WH stock opened at $73.93 on Thursday. The company has a market capitalization of $5.59 billion, a P/E ratio of 16.99, a P/E/G ratio of 1.93 and a beta of 0.89. Wyndham Hotels & Resorts has a 12 month low of $69.21 and a 12 month high of $113.07. The stock has a 50 day moving average of $76.46 and a two-hundred day moving average of $82.26. 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 (NYSE:WH) last announced its quarterly earnings results on Wednesday, October 22nd. The company reported $1.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.42 by $0.04. Wyndham Hotels & Resorts had a net margin of 23.54% and a return on equity of 61.12%. The firm had revenue of $764.00 million for the quarter, compared to analyst estimates of $406.29 million. During the same quarter in the previous year, the firm posted $1.39 EPS. The business’s revenue for the quarter 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. As a group, equities analysts expect 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 will be paid on Tuesday, December 30th. Investors of record on Monday, December 15th will be paid a $0.41 dividend. The ex-dividend date of this dividend is Monday, December 15th. This represents a $1.64 annualized dividend and a yield of 2.2%. Wyndham Hotels & Resorts’s payout ratio is currently 37.70%.

Insider Activity at Wyndham Hotels & Resorts

In other news, General Counsel Paul F. Cash sold 36,379 shares of the company’s stock in a transaction dated 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 sale, the general counsel owned 39,123 shares of the company’s stock, valued at approximately $2,803,554.18. This represents a 48.18% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 2.46% of the company’s stock.

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.