TimesSquare Capital Management LLC lessened its stake in shares of Wyndham Hotels & Resorts (NYSE:WH – Free Report) by 14.1% in the fourth quarter, Holdings Channel.com reports. The fund owned 760,561 shares of the company’s stock after selling 124,753 shares during the quarter. TimesSquare Capital Management LLC’s holdings in Wyndham Hotels & Resorts were worth $57,468,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently modified their holdings of WH. Champlain Investment Partners LLC lifted its position in shares of Wyndham Hotels & Resorts by 352.8% during the 3rd quarter. Champlain Investment Partners LLC now owns 2,212,717 shares of the company’s stock valued at $176,796,000 after acquiring an additional 1,724,091 shares during the last quarter. Capital International Investors lifted its position in shares of Wyndham Hotels & Resorts by 77.1% during the 3rd quarter. Capital International Investors now owns 1,755,465 shares of the company’s stock valued at $140,262,000 after acquiring an additional 764,312 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of Wyndham Hotels & Resorts by 14,440.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 756,824 shares of the company’s stock valued at $57,186,000 after acquiring an additional 751,619 shares during the last quarter. Alyeska Investment Group L.P. acquired a new stake in shares of Wyndham Hotels & Resorts during the 3rd quarter valued at $57,725,000. Finally, Franklin Resources Inc. raised its stake in Wyndham Hotels & Resorts by 4,357.4% during the 3rd quarter. Franklin Resources Inc. now owns 383,028 shares of the company’s stock valued at $30,604,000 after purchasing an additional 374,435 shares during the period. Institutional investors and hedge funds own 93.46% of the company’s stock.
Insiders Place Their Bets
In other news, insider Scott R. Strickland sold 6,500 shares of the company’s stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $80.36, for a total value of $522,340.00. Following the transaction, the insider directly owned 43,639 shares of the company’s stock, valued at approximately $3,506,830.04. This represents a 12.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, General Counsel Paul F. Cash sold 19,800 shares of the company’s stock in a transaction on Friday, March 6th. The stock was sold at an average price of $76.09, for a total transaction of $1,506,582.00. Following the completion of the transaction, the general counsel directly owned 27,912 shares in the company, valued at $2,123,824.08. This trade represents a 41.50% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 2.33% of the company’s stock.
Wyndham Hotels & Resorts Trading Down 2.0%
Wyndham Hotels & Resorts (NYSE:WH – Get Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The company reported $0.96 earnings per share for the quarter, topping analysts’ consensus estimates of $0.85 by $0.11. Wyndham Hotels & Resorts had a net margin of 13.40% and a return on equity of 69.44%. The business had revenue of $327.00 million for the quarter, compared to the consensus estimate of $321.97 million. During the same period in the prior year, the business posted $0.86 earnings per share. Wyndham Hotels & Resorts’s revenue for the quarter was up 3.5% compared to the same quarter last year. Wyndham Hotels & Resorts has set its FY 2026 guidance at 4.620-4.800 EPS. As a group, sell-side analysts anticipate that Wyndham Hotels & Resorts will post 4.83 earnings per share for the current fiscal year.
Wyndham Hotels & Resorts Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be paid a $0.43 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 2.2%. Wyndham Hotels & Resorts’s dividend payout ratio is 69.08%.
Wall Street Analyst Weigh In
Several analysts have issued reports on WH shares. Truist Financial boosted their target price on shares of Wyndham Hotels & Resorts from $99.00 to $107.00 and gave the company a “buy” rating in a research note on Thursday, March 26th. Weiss Ratings reissued a “hold (c)” rating on shares of Wyndham Hotels & Resorts in a research note on Friday, April 10th. Mizuho boosted their target price on shares of Wyndham Hotels & Resorts from $97.00 to $108.00 and gave the company an “outperform” rating in a research note on Friday, February 20th. Susquehanna cut their target price on shares of Wyndham Hotels & Resorts from $95.00 to $90.00 and set a “neutral” rating on the stock in a research note on Monday, May 4th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $105.00 target price on shares of Wyndham Hotels & Resorts in a research note on Friday, May 1st. Eight research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $96.27.
Check Out Our Latest Stock Analysis on WH
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.
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