Freestone Grove Partners LP bought a new position in Wyndham Hotels & Resorts (NYSE:WH – Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 431,966 shares of the company’s stock, valued at approximately $36,376,000. Freestone Grove Partners LP owned about 0.58% of Wyndham Hotels & Resorts at the end of the most recent quarter.
Other hedge funds have also modified their holdings of the company. EverSource Wealth Advisors LLC lifted its holdings in Wyndham Hotels & Resorts by 73.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 314 shares of the company’s stock worth $25,000 after buying an additional 133 shares in the last quarter. Los Angeles Capital Management LLC acquired a new stake in shares of Wyndham Hotels & Resorts in the 4th quarter valued at $27,000. Geneos Wealth Management Inc. raised its position in shares of Wyndham Hotels & Resorts by 49.2% during the first quarter. Geneos Wealth Management Inc. now owns 376 shares of the company’s stock worth $34,000 after acquiring an additional 124 shares during the last quarter. J.Safra Asset Management Corp acquired a new position in shares of Wyndham Hotels & Resorts during the second quarter valued at $43,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in shares of Wyndham Hotels & Resorts during the second quarter valued at $52,000. 93.46% of the stock is owned by institutional investors.
Insider Transactions at Wyndham Hotels & Resorts
In other Wyndham Hotels & Resorts news, CEO Geoffrey A. Ballotti sold 19,414 shares of the firm’s stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $72.71, for a total transaction of $1,411,591.94. Following the sale, the chief executive officer directly owned 549,323 shares in the company, valued at approximately $39,941,275.33. This trade represents a 3.41% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 2.33% of the company’s stock.
Wyndham Hotels & Resorts Stock Performance
Wyndham Hotels & Resorts (NYSE:WH – Get Free Report) last posted its earnings results on Wednesday, July 22nd. The company reported $1.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.41 by $0.07. Wyndham Hotels & Resorts had a return on equity of 74.22% and a net margin of 14.67%.The firm had revenue of $375.00 million during the quarter, compared to analysts’ expectations of $400.75 million. During the same period in the previous year, the firm earned $1.33 earnings per share. The company’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. On average, research analysts predict that Wyndham Hotels & Resorts will post 4.81 EPS for the current year.
Wyndham Hotels & Resorts Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be paid a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Tuesday, September 15th. Wyndham Hotels & Resorts’s dividend payout ratio is presently 63.24%.
Analyst Upgrades and Downgrades
Several analysts have weighed in on WH shares. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $105.00 price objective on shares of Wyndham Hotels & Resorts in a report on Friday, May 1st. The Goldman Sachs Group reissued a “neutral” rating and set a $80.00 price target on shares of Wyndham Hotels & Resorts in a research note on Thursday, July 23rd. Susquehanna reduced their price objective 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. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Wyndham Hotels & Resorts in a report on Wednesday, July 8th. Finally, Wells Fargo & Company increased their price target on Wyndham Hotels & Resorts from $96.00 to $98.00 and gave the company an “equal weight” rating in a research note on Thursday, July 16th. Eight analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $95.91.
Read Our Latest Stock Analysis on Wyndham Hotels & Resorts
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.
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