Boston Partners Global Investors, has recently announced that it has increased stake in Wyndham Hotels & Resorts Inc. (NYSE:WH) by 15.00%. After grabbing 3.66 million shares, the institutional investor is now in possession of 0.48 million shares of the Consumer Cyclical Company. The new investment brought the stake of investor firm to 4.24% having worth around $249.94 million. Moreover, Gates Capital Management, Inc. increased its share by 0.58 million to have a control over 2.21 million shares. And BofA Securities, Inc. raised its holdings to 1.15 million shares by acquiring 1.73 million shares or 2.00% of the stake.
Wyndham Hotels & Resorts Inc. (WH) concluded trading on 05/25/23 at a closing price of $71.02, with 1.75 million shares of worth about $124.42 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -4.21% during that period and on Thursday the price saw a gain of about 0.40%. Currently the company’s common shares owned by public are about 86.50M shares, out of which, 85.54M shares are available for trading.
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Over the next 12 months, analysts forecasted that the stock’s price could jump as high as $96.00 and could fall to a lowest price of $79.00. The stock’s current price level is 18.89% above of average price target set by the analysts, while a rise to estimated low would result in gain of 10.1% for the stock. However, touching the estimated high of $96.00 would mean a gain of 26.02% for the stock.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 124 times over the past 12 months. They bought 358,401 shares in 94 of the transactions. In 30 selling transactions, insiders dumped 147,158 shares.
American Funds Small Cap World Fu, iShares Core S&P Mid Cap ETF, and Vanguard Total Stock Market ETF are the top 3 mutual funds which are holding stakes in Wyndham Hotels & Resorts Inc. American Funds Small Cap World Fu is currently holding 3.11 million shares of worth totaling $212.24 million. The company recently came selling -0.12 million shares which brought its stake up to 3.60% of the company’s outstanding shares. iShares Core S&P Mid Cap ETF bought 9846.0 shares, after which its hold over company’s outstanding shares expand to 3.19%, leaving 2.76 million shares with the mutual fund that have a worth of about $188.03 million. Vanguard Total Stock Market ETF, after buying 2.68 million shares, have now control over 3.10% of the stake in the company. It holds 931.0 shares of worth $182.53 million.
Wyndham Hotels & Resorts Inc. (NYSE: WH) started trading at $70.91, above $0.17 from concluding price of the previous day. However, the stock later moved at a day high price of 71.86, or with a gain of 0.40%. Stock saw a price change of 5.84% in past 5 days and over the past one month there was a price change of 8.33%. Year-to-date (YTD), WH shares are showing a performance of -0.41% which decreased to -3.32% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $58.81 but also hit the highest price of $82.04 during that period. The average intraday trading volume for Wyndham Hotels & Resorts Inc. shares is 1.11 million. The stock is currently trading 5.58% above its 20-day simple moving average (SMA20), while that difference is up 5.66% for SMA50 and it goes to 1.18% higher than SMA200.
Boston Partners Global Investors, acquired 3.66 million shares of Wyndham Hotels & Resorts Inc. having value of about $249.94 million. Data submitted at the U.S SEC by Boston Partners Global Investors, revealed that the firm now holds 0.48 million shares in the company valued at close to $33937759.24, or have control over 15.00% stake in the company. Wyndham Hotels & Resorts Inc. (NYSE: WH) currently have 86.50M outstanding shares and institutions hold larger chunk of about 94.80% of that. Holding of mutual funds in the company is about 43.75% while other institutional holders and individual stake holders have control over 51.17% and 2.72% of the stake respectively.
The stock has a current market capitalization of $6.17B and its 3Y-monthly beta is at 1.40. PE ratio of stock for trailing 12 months is 20.14, while it has posted earnings per share of $3.53 in the same period. Its PEG reads 2.21 and has Quick Ratio of 1.30 while making debt-to-equity ratio of 2.22. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for WH, volatility over the week remained 5.08% while standing at 3.17% over the month.
Analysts are in expectations that Wyndham Hotels & Resorts Inc. (WH) stock would likely to be making an EPS of $0.95 in the current quarter, while forecast for next quarter EPS is $1.27 and it is $4.34 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.9 which is $1 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $1.07 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 50.50% while it is estimated to increase by 7.72% in next year. EPS is likely to shrink at an annualized rate of 9.10% for next 5-years, compared to annual growth of 21.90% made by the stock over the past 5-years.
Analysts at 12 brokerage firms have issued recommendations for the Wyndham Hotels & Resorts Inc. (WH)’s stock and average of those rates the stock at a “Strong Buy” and assign it a score of 1.60. Out of those 12 Wall Street analysts, 8 recommended a “Buy” rating, while 1 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.
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