William Blair Investment Management LLC Buys New Position in Wyndham Hotels & Resorts $WH

William Blair Investment Management LLC purchased a new position in shares of Wyndham Hotels & Resorts (NYSE:WHFree Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 344,134 shares of the company’s stock, valued at approximately $28,980,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Capital Research Global Investors lifted its stake in Wyndham Hotels & Resorts by 4.8% during the 4th quarter. Capital Research Global Investors now owns 8,205,818 shares of the company’s stock valued at $620,032,000 after acquiring an additional 375,892 shares in the last quarter. BlackRock Inc. purchased a new position in Wyndham Hotels & Resorts during the 2nd quarter worth $623,573,000. T. Rowe Price Investment Management Inc. boosted its holdings in Wyndham Hotels & Resorts by 12.7% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 5,188,239 shares of the company’s stock worth $392,024,000 after acquiring an additional 583,967 shares during the last quarter. Norges Bank bought a new stake in shares of Wyndham Hotels & Resorts in the 4th quarter worth $219,462,000. Finally, Morgan Stanley grew its stake in shares of Wyndham Hotels & Resorts by 49.0% in the 4th quarter. Morgan Stanley now owns 2,872,466 shares of the company’s stock worth $217,044,000 after acquiring an additional 944,562 shares in the last quarter. 93.46% of the stock is owned by hedge funds and other institutional investors.

Wyndham Hotels & Resorts Stock Down 1.0%

Shares of NYSE:WH opened at $74.58 on Friday. Wyndham Hotels & Resorts has a 1 year low of $69.21 and a 1 year high of $90.35. The company has a market capitalization of $5.53 billion, a PE ratio of 27.42, a price-to-earnings-growth ratio of 1.93 and a beta of 0.63. The business has a fifty day moving average price of $78.34 and a two-hundred day moving average price of $79.92. The company has a debt-to-equity ratio of 5.53, a current ratio of 0.99 and a quick ratio of 0.99.

Wyndham Hotels & Resorts (NYSE:WHGet Free Report) last released its earnings results on Wednesday, July 22nd. The company reported $1.48 EPS 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 analysts’ expectations of $400.75 million. Wyndham Hotels & Resorts had a return on equity of 74.22% and a net margin of 14.67%.The business’s revenue for the quarter was down 5.5% compared to the same quarter last year. During the same period in the previous year, the business posted $1.33 EPS. Wyndham Hotels & Resorts has set its FY 2026 guidance at 4.710-4.830 EPS. Analysts forecast that Wyndham Hotels & Resorts will post 4.81 earnings per share for the current year.

Wyndham Hotels & Resorts Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be given a $0.43 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $1.72 annualized dividend and a yield of 2.3%. Wyndham Hotels & Resorts’s payout ratio is currently 63.24%.

Wall Street Analyst Weigh In

WH has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $105.00 target price on shares of Wyndham Hotels & Resorts in a report on Friday, May 1st. Wells Fargo & Company boosted their price target on shares of Wyndham Hotels & Resorts from $96.00 to $98.00 and gave the stock an “equal weight” rating in a report on Thursday, July 16th. Susquehanna reduced their price objective on shares of Wyndham Hotels & Resorts from $90.00 to $80.00 and set a “neutral” rating for the company in a research report on Tuesday, August 11th. The Goldman Sachs Group reiterated a “neutral” rating and issued a $80.00 price objective on shares of Wyndham Hotels & Resorts in a research note on Thursday, July 23rd. Finally, Stifel Nicolaus set a $98.00 target price on shares of Wyndham Hotels & Resorts in a research report on Thursday, April 30th. Eight investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, Wyndham Hotels & Resorts has a consensus rating of “Moderate Buy” and a consensus target price of $95.91.

Get Our Latest Stock Report on Wyndham Hotels & Resorts

Insider Buying and Selling

In other Wyndham Hotels & Resorts news, CEO Geoffrey A. Ballotti sold 19,414 shares of the business’s stock in a transaction dated 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 in the company, valued at $39,941,275.33. The trade was a 3.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 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 Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Wyndham Hotels & Resorts (NYSE:WH)

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