Boothbay Fund Management LLC lifted its position in shares of Wyndham Hotels & Resorts (NYSE:WH – Free Report) by 2,894.5% during the fourth quarter, Holdings Channel reports. The firm owned 197,396 shares of the company’s stock after acquiring an additional 190,804 shares during the period. Boothbay Fund Management LLC’s holdings in Wyndham Hotels & Resorts were worth $14,915,000 as of its most recent SEC filing.
A number of other large investors also recently made changes to their positions in the company. Capital Research Global Investors lifted its position in shares of Wyndham Hotels & Resorts by 4.8% during the fourth quarter. Capital Research Global Investors now owns 8,205,818 shares of the company’s stock valued at $620,032,000 after purchasing an additional 375,892 shares in the last quarter. Norges Bank bought a new position in shares of Wyndham Hotels & Resorts during the fourth quarter valued at about $219,462,000. Morgan Stanley lifted its position in shares of Wyndham Hotels & Resorts by 49.0% during the fourth quarter. Morgan Stanley now owns 2,872,466 shares of the company’s stock valued at $217,044,000 after purchasing an additional 944,562 shares in the last quarter. Bank of Montreal Can lifted its position in shares of Wyndham Hotels & Resorts by 14,200.0% during the fourth quarter. Bank of Montreal Can now owns 2,562,843 shares of the company’s stock valued at $193,648,000 after purchasing an additional 2,544,921 shares in the last quarter. Finally, Champlain Investment Partners LLC lifted its position in shares of Wyndham Hotels & Resorts by 352.8% during the third quarter. Champlain Investment Partners LLC now owns 2,212,717 shares of the company’s stock valued at $176,796,000 after purchasing an additional 1,724,091 shares in the last quarter. 93.46% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
A number of research firms recently issued reports on WH. Morgan Stanley raised their price objective on shares of Wyndham Hotels & Resorts from $87.00 to $89.00 and gave the stock an “overweight” rating in a report on Tuesday, May 12th. JPMorgan Chase & Co. raised their price objective on shares of Wyndham Hotels & Resorts from $99.00 to $100.00 and gave the stock an “overweight” rating in a report on Tuesday, April 21st. Weiss Ratings restated a “hold (c)” rating on shares of Wyndham Hotels & Resorts in a report on Friday, April 10th. Susquehanna decreased their price objective on shares of Wyndham Hotels & Resorts from $95.00 to $90.00 and set a “neutral” rating for the company in a report on Monday, May 4th. Finally, The Goldman Sachs Group restated a “neutral” rating and set a $87.00 price objective on shares of Wyndham Hotels & Resorts in a report on Friday, February 20th. Eight investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $96.27.
Wyndham Hotels & Resorts Price Performance
WH opened at $83.60 on Thursday. The company has a market capitalization of $6.26 billion, a price-to-earnings ratio of 33.57, a PEG ratio of 2.30 and a beta of 0.62. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 5.88. The firm has a 50-day moving average price of $82.58 and a 200-day moving average price of $79.48. Wyndham Hotels & Resorts has a twelve month low of $69.21 and a twelve month high of $92.68.
Wyndham Hotels & Resorts (NYSE:WH – Get Free Report) last posted its earnings results on Wednesday, April 29th. The company reported $0.96 earnings per share for the quarter, topping the consensus estimate of $0.85 by $0.11. The firm had revenue of $327.00 million during the quarter, compared to the consensus estimate of $321.97 million. Wyndham Hotels & Resorts had a net margin of 13.40% and a return on equity of 69.44%. The company’s revenue was up 3.5% on a year-over-year basis. During the same quarter last year, the company earned $0.86 earnings per share. Wyndham Hotels & Resorts has set its FY 2026 guidance at 4.620-4.800 EPS. Equities analysts expect that Wyndham Hotels & Resorts will post 4.83 EPS for the current year.
Wyndham Hotels & Resorts Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be paid a $0.43 dividend. The ex-dividend date is Monday, June 15th. This represents a $1.72 annualized dividend and a dividend yield of 2.1%. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is presently 69.08%.
Insider Buying and Selling at Wyndham Hotels & Resorts
In other news, CEO Geoffrey A. Ballotti sold 18,516 shares of Wyndham Hotels & Resorts stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $80.79, for a total value of $1,495,907.64. Following the completion of the transaction, the chief executive officer owned 548,308 shares in the company, valued at $44,297,803.32. This trade represents a 3.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.33% of the stock is owned by insiders.
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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