TD Asset Management Inc grew its holdings in Wyndham Hotels & Resorts (NYSE:WH – Free Report) by 11.4% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 274,576 shares of the company’s stock after acquiring an additional 28,192 shares during the quarter. TD Asset Management Inc’s holdings in Wyndham Hotels & Resorts were worth $20,747,000 at the end of the most recent reporting period.
Several other hedge funds also recently added to or reduced their stakes in WH. EverSource Wealth Advisors LLC increased its stake in Wyndham Hotels & Resorts by 73.5% in the second quarter. EverSource Wealth Advisors LLC now owns 314 shares of the company’s stock valued at $25,000 after purchasing an additional 133 shares during the last quarter. Geneos Wealth Management Inc. increased its stake in Wyndham Hotels & Resorts by 49.2% in 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. Smartleaf Asset Management LLC grew its position in shares of Wyndham Hotels & Resorts by 181.3% in the 3rd quarter. Smartleaf Asset Management LLC now owns 495 shares of the company’s stock valued at $40,000 after buying an additional 319 shares during the last quarter. Jones Financial Companies Lllp grew its position in shares of Wyndham Hotels & Resorts by 42.6% in the 3rd quarter. Jones Financial Companies Lllp now owns 636 shares of the company’s stock valued at $52,000 after buying an additional 190 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd grew its position in shares of Wyndham Hotels & Resorts by 3,478.9% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 680 shares of the company’s stock valued at $54,000 after buying an additional 661 shares during the last quarter. 93.46% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of research firms recently commented on WH. Mizuho increased their target price on shares of Wyndham Hotels & Resorts from $97.00 to $108.00 and gave the company an “outperform” rating in a research report on Friday, February 20th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Wyndham Hotels & Resorts in a research report on Friday, April 10th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $105.00 target price on shares of Wyndham Hotels & Resorts in a research report on Friday, May 1st. Morgan Stanley increased their target price on shares of Wyndham Hotels & Resorts from $87.00 to $89.00 and gave the company an “overweight” rating in a research report on Tuesday, May 12th. Finally, Stifel Nicolaus set a $98.00 price target on Wyndham Hotels & Resorts in a research report on Thursday, April 30th. Eight equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, Wyndham Hotels & Resorts presently has an average rating of “Moderate Buy” and an average target price of $96.27.
Wyndham Hotels & Resorts Trading Down 0.1%
WH opened at $81.85 on Monday. The firm has a market cap of $6.13 billion, a price-to-earnings ratio of 32.87, a price-to-earnings-growth ratio of 2.21 and a beta of 0.62. Wyndham Hotels & Resorts has a 52 week low of $69.21 and a 52 week high of $92.68. The business’s 50 day moving average is $82.72 and its two-hundred day moving average is $79.02. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 5.88.
Wyndham Hotels & Resorts (NYSE:WH – Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The company reported $0.96 EPS for the quarter, topping the consensus estimate of $0.85 by $0.11. The company had revenue of $327.00 million for the quarter, compared to analyst estimates of $321.97 million. Wyndham Hotels & Resorts had a return on equity of 69.44% and a net margin of 13.40%.The firm’s revenue was up 3.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.86 earnings per share. Wyndham Hotels & Resorts has set its FY 2026 guidance at 4.620-4.800 EPS. On average, research analysts predict that Wyndham Hotels & Resorts will post 4.83 EPS for the current year.
Wyndham Hotels & Resorts Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be given a dividend of $0.43 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $1.72 annualized dividend and a yield of 2.1%. Wyndham Hotels & Resorts’s payout ratio is 69.08%.
About Wyndham Hotels & Resorts
Wyndham Hotels & Resorts, Inc (NYSE: WH) is a leading global hospitality company specializing in hotel franchising and management. Established in 2018 through the spin-off of Wyndham Hotel Group from Wyndham Worldwide, the company focuses on the development, marketing and distribution of hotel brands designed to meet the needs of business and leisure travelers. Its core business model centers on franchising agreements, enabling third-party hotel owners to operate under the Wyndham portfolio while accessing the company’s centralized services and support.
The company’s brand portfolio spans economy, midscale and upper-midscale segments, featuring well-known names such as Wyndham, Ramada, Days Inn, Super 8, Microtel Inn & Suites, and La Quinta by Wyndham.
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