Principal Financial Group Inc. Increases Position in Wyndham Hotels & Resorts $WH

Principal Financial Group Inc. boosted its holdings in Wyndham Hotels & Resorts (NYSE:WHFree Report) by 4.9% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 169,829 shares of the company’s stock after buying an additional 7,894 shares during the period. Principal Financial Group Inc. owned 0.23% of Wyndham Hotels & Resorts worth $13,795,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in WH. Norges Bank acquired a new position in shares of Wyndham Hotels & Resorts during the 4th quarter valued at about $219,462,000. Bank of Montreal Can boosted 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 worth $193,648,000 after acquiring an additional 2,544,921 shares during the last quarter. Alyeska Investment Group L.P. grew its holdings in 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 purchasing an additional 1,386,569 shares during the period. Morgan Stanley grew its holdings in Wyndham Hotels & Resorts by 49.0% in the fourth quarter. Morgan Stanley now owns 2,872,466 shares of the company’s stock valued at $217,044,000 after purchasing an additional 944,562 shares during the period. Finally, Brooklands Fund Management Ltd acquired a new position in Wyndham Hotels & Resorts during the fourth quarter worth approximately $56,027,000. Hedge funds and other institutional investors own 93.46% of the company’s stock.

Wyndham Hotels & Resorts Stock Performance

Shares of WH opened at $73.33 on Friday. The stock has a market capitalization of $5.49 billion, a PE ratio of 26.96, a price-to-earnings-growth ratio of 2.00 and a beta of 0.62. The business’s fifty day moving average price is $80.60 and its 200 day moving average price is $80.45. The company has a debt-to-equity ratio of 5.88, a current ratio of 0.98 and a quick ratio of 0.98. Wyndham Hotels & Resorts has a 12-month low of $69.21 and a 12-month high of $92.68.

Wyndham Hotels & Resorts (NYSE:WHGet Free Report) last issued its earnings results on Wednesday, July 22nd. The company reported $1.48 earnings per share 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 73.50%. The company had revenue of $375.00 million for the quarter, compared to analysts’ expectations of $400.75 million. During the same period in the prior year, the company earned $1.33 earnings per share. The firm’s revenue was down 5.5% compared to the same quarter last year. Wyndham Hotels & Resorts has set its FY 2026 guidance at 4.710-4.830 EPS. Equities research analysts forecast that Wyndham Hotels & Resorts will post 4.82 EPS for the current year.

Wyndham Hotels & Resorts Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were given a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date was Monday, June 15th. Wyndham Hotels & Resorts’s dividend payout ratio is presently 69.08%.

Wyndham Hotels & Resorts News Roundup

Here are the key news stories impacting Wyndham Hotels & Resorts this week:

Wall Street Analyst Weigh In

A number of research firms have weighed in on WH. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $80.00 price target on shares of Wyndham Hotels & Resorts in a research note on Thursday. Truist Financial boosted their price objective on shares of Wyndham Hotels & Resorts from $99.00 to $107.00 and gave the company a “buy” rating in a research note on Thursday, March 26th. Stifel Nicolaus set a $98.00 price objective on Wyndham Hotels & Resorts in a report on Thursday, April 30th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Wyndham Hotels & Resorts in a research report on Wednesday, July 8th. Finally, 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. Eight research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $97.00.

Check Out Our Latest Analysis on Wyndham Hotels & Resorts

Insider Activity

In related news, CEO Geoffrey A. Ballotti sold 18,516 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $80.79, for a total transaction of $1,495,907.64. Following the completion of the transaction, the chief executive officer owned 548,308 shares in the company, valued at $44,297,803.32. The trade was a 3.27% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 2.33% of the company’s stock.

About Wyndham Hotels & Resorts

(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.

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

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