III Capital Management acquired a new position in shares of Wyndham Hotels & Resorts (NYSE:WH – Free Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 12,145 shares of the company’s stock, valued at approximately $1,023,000.
Several other institutional investors have also modified their holdings of WH. BlackRock Inc. purchased a new stake in Wyndham Hotels & Resorts during the 2nd quarter worth approximately $623,573,000. Norges Bank acquired a new position in shares of Wyndham Hotels & Resorts during the fourth quarter valued at approximately $219,462,000. Bank of Montreal Can lifted its position in shares of Wyndham Hotels & Resorts by 14,200.0% in the fourth quarter. Bank of Montreal Can now owns 2,562,843 shares of the company’s stock valued at $193,648,000 after acquiring an additional 2,544,921 shares in the last quarter. Alyeska Investment Group L.P. lifted its position in shares of Wyndham Hotels & Resorts by 191.9% in the fourth quarter. Alyeska Investment Group L.P. now owns 2,109,034 shares of the company’s stock valued at $159,359,000 after acquiring an additional 1,386,569 shares in the last quarter. Finally, Findlay Park Partners LLP acquired a new stake in shares of Wyndham Hotels & Resorts in the second quarter worth approximately $100,648,000. Institutional investors and hedge funds own 93.46% of the company’s stock.
Analyst Ratings Changes
Several research analysts recently commented on WH shares. Weiss Ratings reissued a “hold (c)” rating on shares of Wyndham Hotels & Resorts in a research note on Wednesday, July 8th. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $80.00 target price on shares of Wyndham Hotels & Resorts in a research note on Thursday, July 23rd. Morgan Stanley dropped their target price on shares of Wyndham Hotels & Resorts from $93.00 to $91.00 and set an “overweight” rating for the company in a report on Tuesday, August 18th. Barclays reduced their target price on shares of Wyndham Hotels & Resorts from $104.00 to $102.00 and set an “overweight” rating for the company in a research report on Monday, July 20th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $105.00 price target on shares of Wyndham Hotels & Resorts in a research note on Friday, May 1st. Eight investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $95.91.
Insider Activity
In related news, CEO Geoffrey A. Ballotti sold 19,414 shares of the stock in a transaction dated 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 transaction, the chief executive officer owned 549,323 shares of the company’s stock, valued at approximately $39,941,275.33. This represents a 3.41% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible 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 Stock Performance
Shares of WH stock opened at $75.91 on Wednesday. The company has a debt-to-equity ratio of 5.53, a quick ratio of 0.99 and a current ratio of 0.99. The firm has a market cap of $5.63 billion, a P/E ratio of 27.91, a P/E/G ratio of 1.93 and a beta of 0.63. The firm’s 50 day moving average price is $78.02 and its 200-day moving average price is $80.00. Wyndham Hotels & Resorts has a one year low of $69.21 and a one year high of $90.35.
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 for the quarter, beating the consensus estimate of $1.41 by $0.07. The firm had revenue of $375.00 million during the quarter, compared to the consensus estimate 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 quarter last year, the firm earned $1.33 EPS. Wyndham Hotels & Resorts has set its FY 2026 guidance at 4.710-4.830 EPS. As a group, equities research analysts predict that Wyndham Hotels & Resorts will post 4.81 EPS for the current year.
Wyndham Hotels & Resorts Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be paid a $0.43 dividend. The ex-dividend date of this dividend 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 payout ratio is presently 63.24%.
About Wyndham Hotels & Resorts
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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