Jupiter Topco LLC acquired a new position in Wyndham Hotels & Resorts (NYSE:WH – Free Report) during the second quarter, Holdings Channel.com reports. The firm acquired 447,460 shares of the company’s stock, valued at approximately $37,657,000.
Several other institutional investors have also recently made changes to their positions in the business. BlackRock Inc. purchased a new stake in Wyndham Hotels & Resorts in the second quarter valued at $623,573,000. Norges Bank acquired a new stake in Wyndham Hotels & Resorts during the 4th quarter worth about $219,462,000. Bank of Montreal Can grew its position in Wyndham Hotels & Resorts by 14,200.0% during the 4th quarter. Bank of Montreal Can now owns 2,562,843 shares of the company’s stock worth $193,648,000 after purchasing an additional 2,544,921 shares during the period. Alyeska Investment Group L.P. raised its stake in shares of Wyndham Hotels & Resorts by 191.9% during the 4th quarter. Alyeska Investment Group L.P. now owns 2,109,034 shares of the company’s stock valued at $159,359,000 after buying an additional 1,386,569 shares during the last quarter. Finally, Findlay Park Partners LLP purchased a new position in shares of Wyndham Hotels & Resorts during the 2nd quarter valued at about $100,648,000. Hedge funds and other institutional investors own 93.46% of the company’s stock.
Insider Buying and Selling
In other news, CEO Geoffrey A. Ballotti sold 19,414 shares of the business’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $72.71, for a total value of $1,411,591.94. Following the completion of the sale, the chief executive officer directly owned 549,323 shares in the company, valued at $39,941,275.33. The trade was a 3.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 2.33% of the company’s stock.
Wall Street Analyst Weigh In
View Our Latest Stock Analysis on WH
Wyndham Hotels & Resorts Trading Down 0.1%
WH stock opened at $76.79 on Friday. The company’s 50-day simple moving average is $77.74 and its 200-day simple moving average is $80.00. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 5.53. Wyndham Hotels & Resorts has a 52-week low of $69.21 and a 52-week high of $90.35. The firm has a market cap of $5.70 billion, a P/E ratio of 28.23, a PEG ratio of 1.99 and a beta of 0.63.
Wyndham Hotels & Resorts (NYSE:WH – Get Free Report) last announced its quarterly 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. 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 during the quarter, compared to analyst estimates of $400.75 million. During the same quarter in the previous year, the business earned $1.33 EPS. Wyndham Hotels & Resorts’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. As a group, equities analysts forecast that Wyndham Hotels & Resorts will post 4.81 EPS for the current fiscal year.
Wyndham Hotels & Resorts Dividend Announcement
The firm 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 $0.43 dividend. This represents a $1.72 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Tuesday, September 15th. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) 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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