32,200 Shares in Wyndham Hotels & Resorts $WH Purchased by Cibc World Market Inc.

Cibc World Market Inc. purchased a new stake in Wyndham Hotels & Resorts (NYSE:WH) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 32,200 shares of the company’s stock, valued at approximately $2,712,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Sanctuary Advisors LLC acquired a new stake in Wyndham Hotels & Resorts during the 2nd quarter worth approximately $276,000. Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of Wyndham Hotels & Resorts in the 2nd quarter valued at approximately $5,679,000. Commerce Bank acquired a new position in shares of Wyndham Hotels & Resorts in the second quarter valued at approximately $3,115,000. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of Wyndham Hotels & Resorts during the second quarter worth approximately $1,151,000. Finally, Quantbot Technologies LP purchased a new stake in shares of Wyndham Hotels & Resorts during the second quarter worth approximately $1,047,000. 93.46% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

WH has been the subject of several recent research reports. JPMorgan Chase & Co. decreased their price target on Wyndham Hotels & Resorts from $100.00 to $97.00 and set an “overweight” rating for the company in a report on Tuesday, July 21st. The Goldman Sachs Group restated a “neutral” rating and set a $80.00 price objective on shares of Wyndham Hotels & Resorts in a research report on Thursday, July 23rd. Weiss Ratings restated a “hold (c)” rating on shares of Wyndham Hotels & Resorts in a research note on Wednesday, July 8th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $105.00 target price on shares of Wyndham Hotels & Resorts in a report on Friday, May 1st. Finally, Morgan Stanley dropped their price target on shares of Wyndham Hotels & Resorts from $93.00 to $91.00 and set an “overweight” rating on the stock in a research note on Tuesday, August 18th. Eight analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $95.91.

Insider Activity at Wyndham Hotels & Resorts

In other news, CEO Geoffrey A. Ballotti sold 19,414 shares of the company’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $72.71, for a total transaction of $1,411,591.94. Following the transaction, the chief executive officer directly owned 549,323 shares of the company’s stock, valued at $39,941,275.33. This represents a 3.41% 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. Insiders own 2.33% of the company’s stock.

Wyndham Hotels & Resorts Stock Up 1.2%

WH opened at $76.78 on Thursday. 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 business has a 50 day simple moving average of $77.89 and a 200-day simple moving average of $80.01. The stock has a market capitalization of $5.70 billion, a P/E ratio of 28.23, a P/E/G ratio of 1.96 and a beta of 0.63. Wyndham Hotels & Resorts has a 12 month low of $69.21 and a 12 month high of $90.35.

Wyndham Hotels & Resorts (NYSE:WH) last posted its quarterly earnings results on Wednesday, July 22nd. The company reported $1.48 earnings per share for the quarter, beating analysts’ consensus estimates of $1.41 by $0.07. Wyndham Hotels & Resorts had a return on equity of 74.22% and a net margin of 14.67%.The firm had revenue of $375.00 million for the quarter, compared to the consensus estimate of $400.75 million. During the same period in the previous year, the business earned $1.33 earnings per share. The company’s revenue for the quarter 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. On average, equities analysts anticipate that Wyndham Hotels & Resorts will post 4.81 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be given a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a dividend yield of 2.2%. The ex-dividend date is Tuesday, September 15th. Wyndham Hotels & Resorts’s payout ratio is presently 63.24%.

Wyndham Hotels & Resorts Company Profile

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.