SG Americas Securities LLC Boosts Holdings in Wyndham Hotels & Resorts $WH

SG Americas Securities LLC lifted its stake in shares of Wyndham Hotels & Resorts (NYSE:WH) by 488.9% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 43,965 shares of the company’s stock after purchasing an additional 36,500 shares during the period. SG Americas Securities LLC owned about 0.06% of Wyndham Hotels & Resorts worth $3,570,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Elequin Capital LP acquired a new position in shares of Wyndham Hotels & Resorts during the first quarter valued at approximately $29,000. Hantz Financial Services Inc. raised its stake in 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 purchasing an additional 357 shares during the last quarter. Geneos Wealth Management Inc. raised its stake in Wyndham Hotels & Resorts by 49.2% in the 1st 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. SVB Wealth LLC purchased a new position in Wyndham Hotels & Resorts in the 1st quarter valued at $46,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in Wyndham Hotels & Resorts by 88.6% in the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 528 shares of the company’s stock valued at $43,000 after purchasing an additional 248 shares in the last quarter. 93.46% of the stock is owned by hedge funds and other institutional investors.

Wyndham Hotels & Resorts Price Performance

Wyndham Hotels & Resorts stock opened at $71.47 on Wednesday. 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 50-day moving average price of $78.04 and a 200 day moving average price of $82.75. Wyndham Hotels & Resorts has a 12-month low of $69.64 and a 12-month high of $113.07. The stock has a market cap of $5.40 billion, a P/E ratio of 16.43, a PEG ratio of 1.83 and a beta of 0.89.

Wyndham Hotels & Resorts (NYSE:WH) last posted its quarterly earnings results on Wednesday, October 22nd. The company reported $1.46 earnings per share for the quarter, beating the consensus estimate of $1.42 by $0.04. The business had revenue of $764.00 million during the quarter, compared to analysts’ expectations of $406.29 million. Wyndham Hotels & Resorts had a net margin of 23.54% and a return on equity of 61.12%. The business’s revenue for the quarter was down 3.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.39 EPS. Wyndham Hotels & Resorts has set its FY 2025 guidance at 4.480-4.62 EPS. Sell-side analysts anticipate that Wyndham Hotels & Resorts will post 4.79 earnings per share for the current year.

Wyndham Hotels & Resorts Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 30th. Shareholders of record on Monday, December 15th will be given a $0.41 dividend. The ex-dividend date is Monday, December 15th. This represents a $1.64 dividend on an annualized basis and a yield of 2.3%. Wyndham Hotels & Resorts’s payout ratio is currently 37.70%.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on WH. Barclays dropped their target price 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, October 24th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Wyndham Hotels & Resorts in a research note on Wednesday, October 8th. Morgan Stanley set a $91.00 price objective 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 target price on Wyndham Hotels & Resorts in a report on Friday, October 24th. Finally, Zacks Research lowered Wyndham Hotels & Resorts from a “hold” rating to a “strong sell” rating in a research report on Thursday, November 6th. Nine research 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. According to data from MarketBeat.com, Wyndham Hotels & Resorts presently has an average rating of “Moderate Buy” and an average target price of $96.77.

Insider Activity at Wyndham Hotels & Resorts

In other news, General Counsel Paul F. Cash sold 36,379 shares of the stock in a transaction on Friday, November 14th. The stock was sold at an average price of $71.66, for a total transaction of $2,606,919.14. Following the completion of the transaction, the general counsel directly owned 39,123 shares in the company, 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 SEC, which can be accessed through this hyperlink. 2.46% of the stock is currently owned by company insiders.

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.