Wyndham Hotels & Resorts $WH Stake Lowered by Jackson Square Partners LLC

Jackson Square Partners LLC trimmed its position in shares of Wyndham Hotels & Resorts (NYSE:WH) by 83.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 55,005 shares of the company’s stock after selling 275,226 shares during the period. Wyndham Hotels & Resorts comprises approximately 1.7% of Jackson Square Partners LLC’s portfolio, making the stock its 19th biggest holding. Jackson Square Partners LLC owned about 0.07% of Wyndham Hotels & Resorts worth $4,467,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the company. Elequin Capital LP acquired a new position in Wyndham Hotels & Resorts in the 1st quarter worth about $29,000. Hantz Financial Services Inc. grew its stake in shares of Wyndham Hotels & Resorts by 5,950.0% in the 2nd quarter. Hantz Financial Services Inc. now owns 363 shares of the company’s stock valued at $29,000 after buying an additional 357 shares in the last quarter. Geneos Wealth Management Inc. increased 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 buying 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 approximately $46,000. Finally, Quarry LP raised 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 acquiring an additional 139 shares in the last quarter. Institutional investors and hedge funds own 93.46% of the company’s stock.

Wyndham Hotels & Resorts Trading Up 2.3%

Wyndham Hotels & Resorts stock opened at $73.70 on Friday. Wyndham Hotels & Resorts has a 52 week low of $71.37 and a 52 week high of $113.07. 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 firm has a market capitalization of $5.57 billion, a PE ratio of 16.94, a PEG ratio of 1.88 and a beta of 0.89. The business’s 50-day simple moving average is $80.07 and its 200-day simple moving average is $83.40.

Wyndham Hotels & Resorts (NYSE:WH) last released 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 firm had revenue of $764.00 million for the quarter, compared to analyst estimates of $406.29 million. During the same quarter last year, the firm posted $1.39 EPS. The company’s 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. Equities research analysts forecast that Wyndham Hotels & Resorts will post 4.79 earnings per share for the current year.

Wyndham Hotels & Resorts Dividend Announcement

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

Analysts Set New Price Targets

Several research analysts have recently commented on the stock. Barclays dropped their price target on shares of Wyndham Hotels & Resorts from $99.00 to $95.00 and set an “overweight” rating on the stock in a research note on Friday, October 24th. Morgan Stanley set a $91.00 target price on shares of Wyndham Hotels & Resorts and gave the stock an “overweight” rating in a research report on Wednesday, October 22nd. Robert W. Baird reduced their price target on Wyndham Hotels & Resorts from $93.00 to $89.00 and set an “outperform” rating for the company in a research report on Tuesday, October 28th. Zacks Research lowered Wyndham Hotels & Resorts from a “hold” rating to a “strong sell” rating in a report on Thursday. Finally, Truist Financial set a $98.00 price objective on Wyndham Hotels & Resorts in a research note on Friday, October 24th. Eleven investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Wyndham Hotels & Resorts presently has an average rating of “Moderate Buy” and an average price target 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.