Legal & General Group Plc Acquires New Shares in Wyndham Hotels & Resorts $WH

Legal & General Group Plc acquired a new position in Wyndham Hotels & Resorts (NYSE:WH) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 104,778 shares of the company’s stock, valued at approximately $8,823,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Norges Bank acquired a new stake in shares of Wyndham Hotels & Resorts during the 4th quarter worth about $219,462,000. Commerce Bank acquired a new position in Wyndham Hotels & Resorts in the second quarter valued at about $3,115,000. Patriot Financial Group Insurance Agency LLC lifted its position in Wyndham Hotels & Resorts by 177.2% in the first quarter. Patriot Financial Group Insurance Agency LLC now owns 18,926 shares of the company’s stock valued at $1,537,000 after buying an additional 12,098 shares during the last quarter. TD Asset Management Inc boosted its stake in Wyndham Hotels & Resorts by 11.4% during the fourth quarter. TD Asset Management Inc now owns 274,576 shares of the company’s stock worth $20,747,000 after buying an additional 28,192 shares during the period. Finally, William Blair Investment Management LLC purchased a new position in Wyndham Hotels & Resorts during the fourth quarter worth about $21,109,000. Institutional investors and hedge funds own 93.46% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on WH. The Goldman Sachs Group reissued a “neutral” rating and issued a $80.00 price target on shares of Wyndham Hotels & Resorts in a research note on Thursday, July 23rd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Wyndham Hotels & Resorts in a research report on Wednesday, July 8th. JPMorgan Chase & Co. dropped their target price on shares of Wyndham Hotels & Resorts from $100.00 to $97.00 and set an “overweight” rating for the company in a report on Tuesday, July 21st. Susquehanna cut their target price on Wyndham Hotels & Resorts from $90.00 to $80.00 and set a “neutral” rating on the stock in a research report on Tuesday, August 11th. Finally, Morgan Stanley decreased their price target on 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 equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, Wyndham Hotels & Resorts presently has an average rating of “Moderate Buy” and a consensus price target of $95.91.

Insider Buying and Selling

In other Wyndham Hotels & Resorts news, CEO Geoffrey A. Ballotti sold 19,414 shares of the firm’s stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $72.71, for a total value of $1,411,591.94. Following the completion of the transaction, the chief executive officer owned 549,323 shares of the company’s stock, valued at $39,941,275.33. This trade represents a 3.41% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.33% of the stock is owned by corporate insiders.

Wyndham Hotels & Resorts Stock Down 3.7%

Shares of NYSE:WH opened at $70.91 on Wednesday. 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 firm has a market capitalization of $5.26 billion, a PE ratio of 26.07, a price-to-earnings-growth ratio of 1.91 and a beta of 0.62. The firm’s 50-day moving average is $77.14 and its two-hundred day moving average is $79.88. Wyndham Hotels & Resorts has a 1 year low of $69.21 and a 1 year high of $90.35.

Wyndham Hotels & Resorts (NYSE:WH) last issued its quarterly earnings results on Wednesday, July 22nd. The company reported $1.48 earnings per share (EPS) for the quarter, topping the consensus estimate 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 analysts’ expectations of $400.75 million. During the same quarter in the prior year, the company earned $1.33 earnings per share. The business’s quarterly revenue was down 5.5% on a year-over-year basis. Wyndham Hotels & Resorts has set its FY 2026 guidance at 4.710-4.830 EPS. Analysts predict that Wyndham Hotels & Resorts will post 4.81 EPS for the current year.

Wyndham Hotels & Resorts Dividend Announcement

The firm also recently announced 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. The ex-dividend date is Tuesday, September 15th. This represents a $1.72 dividend on an annualized basis and a yield of 2.4%. Wyndham Hotels & Resorts’s dividend payout ratio is 63.24%.

Wyndham Hotels & Resorts 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.