Legal & General Group Plc Sells 8,589 Shares of Wyndham Hotels & Resorts $WH

Legal & General Group Plc lowered its stake in Wyndham Hotels & Resorts (NYSE:WH) by 6.8% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 118,569 shares of the company’s stock after selling 8,589 shares during the quarter. Legal & General Group Plc’s holdings in Wyndham Hotels & Resorts were worth $8,959,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the stock. Royal Bank of Canada grew its position in Wyndham Hotels & Resorts by 31.8% in the 1st quarter. Royal Bank of Canada now owns 60,411 shares of the company’s stock valued at $5,467,000 after purchasing an additional 14,593 shares during the period. Integrated Wealth Concepts LLC grew its position in Wyndham Hotels & Resorts by 34.3% in the 1st quarter. Integrated Wealth Concepts LLC now owns 4,622 shares of the company’s stock valued at $418,000 after purchasing an additional 1,181 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Wyndham Hotels & Resorts by 7.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 248,495 shares of the company’s stock valued at $22,491,000 after purchasing an additional 18,191 shares during the period. Geneos Wealth Management Inc. grew its position in Wyndham Hotels & Resorts by 49.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 376 shares of the company’s stock valued at $34,000 after purchasing an additional 124 shares during the period. Finally, EverSource Wealth Advisors LLC grew its position in Wyndham Hotels & Resorts by 73.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 314 shares of the company’s stock valued at $25,000 after purchasing an additional 133 shares during the period. Institutional investors own 93.46% of the company’s stock.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. Susquehanna reduced their price target on shares of Wyndham Hotels & Resorts from $95.00 to $90.00 and set a “neutral” rating for the company in a research report on Monday, May 4th. JPMorgan Chase & Co. lifted their price target on shares of Wyndham Hotels & Resorts from $99.00 to $100.00 and gave the company an “overweight” rating in a research report on Tuesday, April 21st. The Goldman Sachs Group reissued a “neutral” rating and issued a $87.00 price target on shares of Wyndham Hotels & Resorts in a research report on Friday, February 20th. Weiss Ratings reissued a “hold (c)” rating on shares of Wyndham Hotels & Resorts in a research report on Friday, April 10th. Finally, Wall Street Zen raised shares of Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a research report on Saturday, April 25th. Eight research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $96.27.

Wyndham Hotels & Resorts Trading Down 0.4%

NYSE WH opened at $79.82 on Friday. The stock has a market capitalization of $5.98 billion, a price-to-earnings ratio of 32.05, a PEG ratio of 2.16 and a beta of 0.62. Wyndham Hotels & Resorts has a one year low of $69.21 and a one year high of $92.68. The company has a debt-to-equity ratio of 5.88, a current ratio of 0.98 and a quick ratio of 0.98. The business’s fifty day moving average is $82.67 and its 200-day moving average is $78.93.

Wyndham Hotels & Resorts (NYSE:WH) last released its quarterly earnings data on Wednesday, April 29th. The company reported $0.96 EPS for the quarter, beating the consensus estimate of $0.85 by $0.11. The business had revenue of $327.00 million for the quarter, compared to the consensus estimate of $321.97 million. Wyndham Hotels & Resorts had a net margin of 13.40% and a return on equity of 69.44%. The company’s revenue was up 3.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.86 earnings per share. Wyndham Hotels & Resorts has set its FY 2026 guidance at 4.620-4.800 EPS. Equities research analysts predict that Wyndham Hotels & Resorts will post 4.83 EPS for the current year.

Wyndham Hotels & Resorts Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be issued a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Monday, June 15th. Wyndham Hotels & Resorts’s dividend payout ratio is presently 69.08%.

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.