Numerai GP LLC reduced its stake in Wyndham Hotels & Resorts (NYSE:WH – Free Report) by 39.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 78,929 shares of the company’s stock after selling 51,326 shares during the period. Wyndham Hotels & Resorts comprises 0.9% of Numerai GP LLC’s investment portfolio, making the stock its 15th largest position. Numerai GP LLC’s holdings in Wyndham Hotels & Resorts were worth $6,306,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors have also recently made changes to their positions in the company. EverSource Wealth Advisors LLC grew its holdings in shares of Wyndham Hotels & Resorts by 73.5% in the second 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 last quarter. Geneos Wealth Management Inc. raised its holdings in Wyndham Hotels & Resorts by 49.2% during the 1st 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 last quarter. Cornerstone Planning Group LLC bought a new stake in Wyndham Hotels & Resorts during the 3rd quarter valued at $36,000. Smartleaf Asset Management LLC boosted its position in Wyndham Hotels & Resorts by 181.3% during the 3rd quarter. Smartleaf Asset Management LLC now owns 495 shares of the company’s stock valued at $40,000 after buying an additional 319 shares during the period. Finally, Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in Wyndham Hotels & Resorts by 88.6% during the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 528 shares of the company’s stock valued at $43,000 after buying an additional 248 shares during the period. Hedge funds and other institutional investors own 93.46% of the company’s stock.
Analysts Set New Price Targets
A number of equities analysts have issued reports on WH shares. The Goldman Sachs Group restated a “neutral” rating and issued a $87.00 price objective on shares of Wyndham Hotels & Resorts in a research report on Friday, February 20th. Morgan Stanley cut their target price on Wyndham Hotels & Resorts from $89.00 to $85.00 and set an “overweight” rating on the stock in a research note on Tuesday, March 10th. Wells Fargo & Company started coverage on Wyndham Hotels & Resorts in a report on Tuesday, November 18th. They set an “equal weight” rating and a $82.00 price target on the stock. Stifel Nicolaus lowered their price target on Wyndham Hotels & Resorts from $95.50 to $93.00 and set a “buy” rating for the company in a research report on Wednesday, January 28th. Finally, JPMorgan Chase & Co. dropped their price objective on Wyndham Hotels & Resorts from $95.00 to $91.00 and set an “overweight” rating for the company in a report on Tuesday, February 3rd. Ten analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, Wyndham Hotels & Resorts currently has an average rating of “Moderate Buy” and a consensus price target of $95.15.
Insider Buying and Selling
In other Wyndham Hotels & Resorts news, General Counsel Paul F. Cash sold 19,800 shares of the company’s stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $76.09, for a total value of $1,506,582.00. Following the sale, the general counsel owned 27,912 shares in the company, valued at approximately $2,123,824.08. This represents a 41.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Scott R. Strickland sold 6,500 shares of the firm’s stock in a transaction that occurred on Thursday, March 5th. The shares were sold at an average price of $80.36, for a total transaction of $522,340.00. Following the transaction, the insider directly owned 43,639 shares of the company’s stock, valued at $3,506,830.04. This represents a 12.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 81,424 shares of company stock valued at $6,398,601 over the last quarter. Corporate insiders own 2.46% of the company’s stock.
Wyndham Hotels & Resorts Stock Up 3.1%
Shares of NYSE WH opened at $75.71 on Tuesday. The firm has a fifty day simple moving average of $78.37 and a two-hundred day simple moving average of $77.90. Wyndham Hotels & Resorts has a 12 month low of $69.21 and a 12 month high of $93.58. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 5.37. The firm has a market capitalization of $5.69 billion, a PE ratio of 30.65, a price-to-earnings-growth ratio of 1.89 and a beta of 0.72.
Wyndham Hotels & Resorts (NYSE:WH – Get Free Report) last released its quarterly earnings results on Wednesday, February 18th. The company reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.04. The company had revenue of $334.00 million for the quarter, compared to analyst estimates of $337.63 million. Wyndham Hotels & Resorts had a return on equity of 64.18% and a net margin of 13.51%.The firm’s revenue was down 2.1% on a year-over-year basis. During the same period in the previous year, the company posted $1.04 earnings per share. Wyndham Hotels & Resorts has set its FY 2026 guidance at 4.620-4.800 EPS. Equities analysts expect that Wyndham Hotels & Resorts will post 4.79 earnings per share for the current year.
Wyndham Hotels & Resorts Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, March 30th. Investors of record on Friday, March 20th will be given a dividend of $0.43 per share. This is an increase from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.41. The ex-dividend date of this dividend is Friday, March 20th. This represents a $1.72 dividend on an annualized basis and a yield of 2.3%. Wyndham Hotels & Resorts’s dividend payout ratio is 66.40%.
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.
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