Dockside LLC bought a new position in Wyndham Hotels & Resorts (NYSE:WH – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 16,246 shares of the company’s stock, valued at approximately $1,368,000.
A number of other large investors have also recently made changes to their positions in WH. EverSource Wealth Advisors LLC raised its position in Wyndham Hotels & Resorts by 73.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 314 shares of the company’s stock worth $25,000 after purchasing an additional 133 shares during the period. Los Angeles Capital Management LLC bought a new stake in Wyndham Hotels & Resorts in the fourth quarter worth about $27,000. Geneos Wealth Management Inc. boosted 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 valued at $34,000 after buying an additional 124 shares during the period. Caitong International Asset Management Co. Ltd boosted its position in shares of Wyndham Hotels & Resorts by 3,478.9% during the third quarter. Caitong International Asset Management Co. Ltd now owns 680 shares of the company’s stock valued at $54,000 after buying an additional 661 shares during the period. Finally, Clearstead Advisors LLC grew its stake in shares of Wyndham Hotels & Resorts by 205.5% during the fourth quarter. Clearstead Advisors LLC now owns 727 shares of the company’s stock valued at $55,000 after buying an additional 489 shares during the last quarter. 93.46% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Several equities research analysts have recently weighed in on WH shares. Stifel Nicolaus set a $98.00 price target on Wyndham Hotels & Resorts in a report on Thursday, April 30th. Wall Street Zen upgraded Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a report on Saturday, April 25th. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $80.00 price objective on shares of Wyndham Hotels & Resorts in a research report on Thursday, July 23rd. Susquehanna reduced their target price on Wyndham Hotels & Resorts from $90.00 to $80.00 and set a “neutral” rating on the stock in a research note on Tuesday. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Wyndham Hotels & Resorts in a research report on Wednesday, July 8th. Eight analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $96.09.
Wyndham Hotels & Resorts Price Performance
Shares of WH stock opened at $73.60 on Friday. The company has a debt-to-equity ratio of 5.53, a current ratio of 0.99 and a quick ratio of 0.99. The company has a market capitalization of $5.46 billion, a P/E ratio of 27.06, a P/E/G ratio of 1.92 and a beta of 0.63. The company’s 50-day simple moving average is $78.77 and its two-hundred day simple moving average is $79.91. 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 issued 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. Wyndham Hotels & Resorts had a net margin of 14.67% and a return on equity of 74.22%. The business had revenue of $375.00 million for the quarter, compared to analyst estimates of $400.75 million. During the same period last year, the company posted $1.33 earnings per share. The company’s quarterly 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. As a group, equities analysts anticipate that Wyndham Hotels & Resorts will post 4.82 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. Shareholders of record on Tuesday, September 15th will be issued a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a yield of 2.3%. The ex-dividend date is Tuesday, September 15th. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is presently 63.24%.
Insider Buying and Selling
In other Wyndham Hotels & Resorts news, CEO Geoffrey A. Ballotti sold 18,516 shares of Wyndham Hotels & Resorts stock in a transaction 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 sale, the chief executive officer directly owned 548,308 shares of the company’s stock, valued at $44,297,803.32. The trade was a 3.27% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.33% of the stock is owned by insiders.
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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