III Capital Management Purchases Shares of 12,145 Wyndham Hotels & Resorts $WH

III Capital Management purchased a new position in Wyndham Hotels & Resorts (NYSE:WH) in the 2nd quarter, HoldingsChannel reports. The fund purchased 12,145 shares of the company’s stock, valued at approximately $1,023,000.

Other large investors also recently bought and sold shares of the company. EverSource Wealth Advisors LLC increased its position in shares of Wyndham Hotels & Resorts by 73.5% during the second quarter. EverSource Wealth Advisors LLC now owns 314 shares of the company’s stock worth $25,000 after purchasing an additional 133 shares in the last quarter. Los Angeles Capital Management LLC purchased a new position in Wyndham Hotels & Resorts during the 4th quarter worth approximately $27,000. Geneos Wealth Management Inc. grew its stake in Wyndham Hotels & Resorts by 49.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 376 shares of the company’s stock worth $34,000 after buying an additional 124 shares during the last quarter. J.Safra Asset Management Corp acquired a new position in Wyndham Hotels & Resorts during the second quarter worth approximately $43,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in Wyndham Hotels & Resorts during the second quarter worth approximately $52,000. Institutional investors and hedge funds own 93.46% of the company’s stock.

Wyndham Hotels & Resorts Price Performance

Wyndham Hotels & Resorts stock opened at $75.91 on Wednesday. The company has a market cap of $5.63 billion, a P/E ratio of 27.91, a price-to-earnings-growth ratio of 1.93 and a beta of 0.63. Wyndham Hotels & Resorts has a one year low of $69.21 and a one year high of $90.35. The business has a fifty day moving average of $78.02 and a two-hundred day moving average of $80.00. 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 (NYSE:WH) last released its quarterly earnings data on Wednesday, July 22nd. The company reported $1.48 EPS for the quarter, topping analysts’ consensus estimates of $1.41 by $0.07. Wyndham Hotels & Resorts had a net margin of 14.67% and a return on equity of 74.22%. The firm had revenue of $375.00 million for the quarter, compared to the consensus estimate of $400.75 million. During the same quarter in the previous year, the firm earned $1.33 earnings per share. The firm’s revenue was down 5.5% on a year-over-year basis. Wyndham Hotels & Resorts has set its FY 2026 guidance at 4.710-4.830 EPS. As a group, analysts predict that Wyndham Hotels & Resorts will post 4.81 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be issued a $0.43 dividend. 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 is currently 63.24%.

Analysts Set New Price Targets

WH has been the subject of several research analyst reports. Morgan Stanley decreased their price objective 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. The Goldman Sachs Group reaffirmed 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 reiterated a “hold (c)” rating on shares of Wyndham Hotels & Resorts in a research report on Wednesday, July 8th. Stifel Nicolaus set a $98.00 price target on shares of Wyndham Hotels & Resorts in a research note on Thursday, April 30th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $105.00 price objective on shares of Wyndham Hotels & Resorts in a research report on Friday, May 1st. Eight research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $95.91.

Insiders Place Their Bets

In related news, CEO Geoffrey A. Ballotti sold 19,414 shares of the firm’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $72.71, for a total value of $1,411,591.94. Following the completion of the transaction, the chief executive officer directly owned 549,323 shares of the company’s stock, valued at $39,941,275.33. This trade represents a 3.41% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.33% of the stock is owned by insiders.

Wyndham Hotels & Resorts 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.