The Manufacturers Life Insurance Company Makes New Investment in Wyndham Hotels & Resorts $WH

The Manufacturers Life Insurance Company acquired a new stake in Wyndham Hotels & Resorts (NYSE:WH) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 52,898 shares of the company’s stock, valued at approximately $4,455,000. The Manufacturers Life Insurance Company owned approximately 0.07% of Wyndham Hotels & Resorts at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of WH. Mcmorgan & Co. LLC purchased a new stake in shares of Wyndham Hotels & Resorts during the 2nd quarter worth $214,000. Algert Global LLC purchased a new position in Wyndham Hotels & Resorts in the second quarter valued at $331,000. Cibc World Market Inc. purchased a new position in Wyndham Hotels & Resorts in the second quarter valued at $2,712,000. Sanctuary Advisors LLC acquired a new stake in Wyndham Hotels & Resorts in the second quarter valued at $276,000. Finally, Connor Clark & Lunn Investment Management Ltd. purchased a new stake in Wyndham Hotels & Resorts during the 2nd quarter worth about $5,679,000. 93.46% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have recently issued reports on WH. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $80.00 price objective on shares of Wyndham Hotels & Resorts in a research report on Thursday, July 23rd. Wells Fargo & Company boosted their target price on Wyndham Hotels & Resorts from $96.00 to $98.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 16th. Morgan Stanley lowered their price target on Wyndham Hotels & Resorts from $93.00 to $91.00 and set an “overweight” rating for the company in a report on Tuesday, August 18th. Susquehanna dropped their price target on shares of Wyndham Hotels & Resorts from $90.00 to $80.00 and set a “neutral” rating on the stock in a research note on Tuesday, August 11th. Finally, JPMorgan Chase & Co. cut their price objective on shares of Wyndham Hotels & Resorts from $100.00 to $97.00 and set an “overweight” rating on the stock in a report on Tuesday, July 21st. Eight equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $95.91.

Wyndham Hotels & Resorts Stock Down 3.1%

Wyndham Hotels & Resorts stock opened at $73.63 on Tuesday. The company has a market capitalization of $5.46 billion, a P/E ratio of 27.07, a PEG ratio of 1.97 and a beta of 0.63. The company has a debt-to-equity ratio of 5.53, a quick ratio of 0.99 and a current ratio of 0.99. Wyndham Hotels & Resorts has a fifty-two week low of $69.21 and a fifty-two week high of $90.35. The stock has a 50-day simple moving average of $77.41 and a 200-day simple moving average of $79.94.

Wyndham Hotels & Resorts (NYSE:WH) last released its quarterly earnings results on Wednesday, July 22nd. The company reported $1.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.41 by $0.07. The firm had revenue of $375.00 million for the quarter, compared to the consensus estimate of $400.75 million. Wyndham Hotels & Resorts had a return on equity of 74.22% and a net margin of 14.67%.The firm’s quarterly revenue was down 5.5% compared to the same quarter last year. During the same quarter last year, the business posted $1.33 EPS. Wyndham Hotels & Resorts has set its FY 2026 guidance at 4.710-4.830 EPS. Equities research analysts expect that Wyndham Hotels & Resorts will post 4.81 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 Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be given a dividend of $0.43 per share. The ex-dividend date is Tuesday, September 15th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 2.3%. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is 63.24%.

Insider Activity

In other news, CEO Geoffrey A. Ballotti sold 19,414 shares of Wyndham Hotels & Resorts stock in a transaction on Monday, August 17th. The shares were sold at an average price of $72.71, for a total value of $1,411,591.94. Following the transaction, the chief executive officer directly owned 549,323 shares of the company’s stock, valued at $39,941,275.33. The trade was a 3.41% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 2.33% of the company’s stock.

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.