Voya Investment Management LLC Trims Stake in Wyndham Hotels & Resorts $WH

Voya Investment Management LLC decreased its position in shares of Wyndham Hotels & Resorts (NYSE:WH) by 61.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,266 shares of the company’s stock after selling 24,617 shares during the period. Voya Investment Management LLC’s holdings in Wyndham Hotels & Resorts were worth $1,220,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sequoia Financial Advisors LLC raised its position in Wyndham Hotels & Resorts by 1.4% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 8,283 shares of the company’s stock valued at $673,000 after purchasing an additional 118 shares during the last quarter. Geneos Wealth Management Inc. raised 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 valued at $34,000 after acquiring an additional 124 shares during the last quarter. Claret Asset Management Corp lifted its position in Wyndham Hotels & Resorts by 4.6% during the 2nd quarter. Claret Asset Management Corp now owns 2,842 shares of the company’s stock worth $231,000 after acquiring an additional 125 shares during the period. Keystone Financial Services increased its holdings in shares of Wyndham Hotels & Resorts by 5.1% in the second quarter. Keystone Financial Services now owns 2,679 shares of the company’s stock valued at $218,000 after purchasing an additional 129 shares during the period. Finally, EverSource Wealth Advisors LLC increased its holdings in shares of Wyndham Hotels & Resorts by 73.5% in the second quarter. EverSource Wealth Advisors LLC now owns 314 shares of the company’s stock valued at $25,000 after purchasing an additional 133 shares during the period. Hedge funds and other institutional investors own 93.46% of the company’s stock.

Insiders Place Their Bets

In related news, insider Scott R. Strickland sold 28,134 shares of the business’s stock in a transaction dated Tuesday, December 9th. The shares were sold at an average price of $71.11, for a total value of $2,000,608.74. Following the completion of the transaction, the insider owned 40,363 shares of the company’s stock, valued at approximately $2,870,212.93. The trade was a 41.07% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, General Counsel Paul F. Cash sold 36,379 shares of the firm’s stock in a transaction dated Friday, November 14th. The stock was sold at an average price of $71.66, for a total transaction of $2,606,919.14. Following the sale, the general counsel directly owned 39,123 shares in the company, valued at $2,803,554.18. This represents a 48.18% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 65,482 shares of company stock valued at $4,677,538. Insiders own 2.46% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on WH. Zacks Research downgraded Wyndham Hotels & Resorts from a “hold” rating to a “strong sell” rating in a report on Thursday, November 6th. Truist Financial set a $98.00 target price on shares of Wyndham Hotels & Resorts in a report on Friday, October 24th. Robert W. Baird reduced their price objective on shares of Wyndham Hotels & Resorts from $93.00 to $89.00 and set an “outperform” rating for the company in a research report on Tuesday, October 28th. Wells Fargo & Company assumed coverage on Wyndham Hotels & Resorts in a research note on Tuesday, November 18th. They set an “equal weight” rating and a $82.00 target price for the company. Finally, Mizuho started coverage on Wyndham Hotels & Resorts in a report on Wednesday, December 3rd. They issued a “neutral” rating and a $71.00 price target for the company. Eight analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $91.88.

Wyndham Hotels & Resorts Stock Up 0.1%

Wyndham Hotels & Resorts stock opened at $76.63 on Wednesday. The firm has a market capitalization of $5.79 billion, a price-to-earnings ratio of 17.62, a price-to-earnings-growth ratio of 2.00 and a beta of 0.77. The company has a debt-to-equity ratio of 4.43, a quick ratio of 1.16 and a current ratio of 1.16. Wyndham Hotels & Resorts has a fifty-two week low of $69.21 and a fifty-two week high of $113.07. The stock’s fifty day moving average is $74.28 and its two-hundred day moving average is $80.72.

Wyndham Hotels & Resorts (NYSE:WH) last issued its quarterly earnings data on Wednesday, October 22nd. The company reported $1.46 EPS for the quarter, beating analysts’ consensus estimates of $1.42 by $0.04. The firm had revenue of $382.00 million for the quarter, compared to analysts’ expectations of $406.29 million. Wyndham Hotels & Resorts had a net margin of 23.54% and a return on equity of 61.12%. The firm’s revenue was down 3.5% on a year-over-year basis. During the same period in the prior year, the company earned $1.39 EPS. Wyndham Hotels & Resorts has set its FY 2025 guidance at 4.480-4.62 EPS. Analysts predict that Wyndham Hotels & Resorts will post 4.79 EPS for the current fiscal year.

Wyndham Hotels & Resorts Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 30th. Shareholders of record on Monday, December 15th were given a dividend of $0.41 per share. The ex-dividend date of this dividend was Monday, December 15th. This represents a $1.64 annualized dividend and a yield of 2.1%. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is presently 37.70%.

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.