Heartland Advisors Inc. acquired a new stake in shares of Wyndham Hotels & Resorts (NYSE:WH – Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 54,068 shares of the company’s stock, valued at approximately $4,553,000. Heartland Advisors Inc. owned about 0.07% of Wyndham Hotels & Resorts at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently modified their holdings of WH. Norges Bank bought a new position in shares of Wyndham Hotels & Resorts during the 4th quarter valued at about $219,462,000. Patriot Financial Group Insurance Agency LLC lifted its position in shares of Wyndham Hotels & Resorts by 177.2% in the first quarter. Patriot Financial Group Insurance Agency LLC now owns 18,926 shares of the company’s stock worth $1,537,000 after buying an additional 12,098 shares in the last quarter. TD Asset Management Inc boosted its stake in Wyndham Hotels & Resorts by 11.4% during the fourth quarter. TD Asset Management Inc now owns 274,576 shares of the company’s stock valued at $20,747,000 after buying an additional 28,192 shares during the last quarter. Geode Capital Management LLC grew its holdings in Wyndham Hotels & Resorts by 1.2% during the 4th quarter. Geode Capital Management LLC now owns 1,512,818 shares of the company’s stock valued at $114,331,000 after buying an additional 17,981 shares in the last quarter. Finally, William Blair Investment Management LLC bought a new stake in Wyndham Hotels & Resorts in the 4th quarter worth approximately $21,109,000. Institutional investors own 93.46% of the company’s stock.
Analyst Ratings Changes
A number of research analysts recently weighed in on the stock. The Goldman Sachs Group reissued a “neutral” rating and issued a $80.00 target price on shares of Wyndham Hotels & Resorts in a report on Thursday, July 23rd. Weiss Ratings reissued a “hold (c)” rating on shares of Wyndham Hotels & Resorts in a research note on Wednesday, July 8th. Morgan Stanley decreased their target price on shares of Wyndham Hotels & Resorts from $93.00 to $91.00 and set an “overweight” rating on the stock in a research report on Tuesday, August 18th. Stifel Nicolaus set a $98.00 price target on Wyndham Hotels & Resorts in a research report on Thursday, April 30th. Finally, Wells Fargo & Company lifted their price target on Wyndham Hotels & Resorts from $96.00 to $98.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 16th. Eight investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $95.91.
Insider Activity
In related news, CEO Geoffrey A. Ballotti sold 19,414 shares of the business’s stock in a transaction on Monday, August 17th. The stock was sold at an average price of $72.71, for a total transaction of $1,411,591.94. Following the completion of the transaction, the chief executive officer owned 549,323 shares in the company, valued at $39,941,275.33. The trade was a 3.41% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 2.33% of the company’s stock.
Wyndham Hotels & Resorts Price Performance
WH stock opened at $74.58 on Friday. Wyndham Hotels & Resorts has a 12 month low of $69.21 and a 12 month high of $90.35. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 5.53. The company has a 50-day moving average price of $78.34 and a 200 day moving average price of $79.92. The stock has a market cap of $5.53 billion, a PE ratio of 27.42, a P/E/G ratio of 1.93 and a beta of 0.63.
Wyndham Hotels & Resorts (NYSE:WH – Get Free Report) last posted its quarterly earnings data on Wednesday, July 22nd. The company reported $1.48 earnings per share for the quarter, topping analysts’ consensus estimates of $1.41 by $0.07. The company had revenue of $375.00 million for the quarter, compared to analyst estimates of $400.75 million. Wyndham Hotels & Resorts had a net margin of 14.67% and a return on equity of 74.22%. The firm’s revenue for the quarter was down 5.5% on a year-over-year basis. During the same period in the prior year, the company posted $1.33 EPS. Wyndham Hotels & Resorts has set its FY 2026 guidance at 4.710-4.830 EPS. Equities research analysts anticipate that Wyndham Hotels & Resorts will post 4.81 earnings per share for the current year.
Wyndham Hotels & Resorts Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be issued a $0.43 dividend. This represents a $1.72 annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Tuesday, September 15th. Wyndham Hotels & Resorts’s dividend payout ratio is presently 63.24%.
Wyndham Hotels & Resorts Company Profile
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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