Patriot Financial Group Insurance Agency LLC Has $1.54 Million Stock Holdings in Wyndham Hotels & Resorts $WH

Patriot Financial Group Insurance Agency LLC boosted its stake in shares of Wyndham Hotels & Resorts (NYSE:WH) by 177.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,926 shares of the company’s stock after purchasing an additional 12,098 shares during the quarter. Patriot Financial Group Insurance Agency LLC’s holdings in Wyndham Hotels & Resorts were worth $1,537,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Capital Research Global Investors raised its position in shares of Wyndham Hotels & Resorts by 4.8% in the fourth quarter. Capital Research Global Investors now owns 8,205,818 shares of the company’s stock valued at $620,032,000 after purchasing an additional 375,892 shares during the period. T. Rowe Price Investment Management Inc. boosted its holdings in shares of Wyndham Hotels & Resorts by 12.7% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 5,188,239 shares of the company’s stock worth $392,024,000 after buying an additional 583,967 shares during the period. Norges Bank acquired a new position in Wyndham Hotels & Resorts in the 4th quarter valued at about $219,462,000. Morgan Stanley raised its holdings in Wyndham Hotels & Resorts by 49.0% in the 4th quarter. Morgan Stanley now owns 2,872,466 shares of the company’s stock valued at $217,044,000 after acquiring an additional 944,562 shares during the period. Finally, Bank of Montreal Can raised its holdings in Wyndham Hotels & Resorts by 14,200.0% in the 4th quarter. Bank of Montreal Can now owns 2,562,843 shares of the company’s stock valued at $193,648,000 after acquiring an additional 2,544,921 shares during the period. 93.46% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

WH has been the subject of a number of research analyst reports. Barclays boosted their price objective on Wyndham Hotels & Resorts from $98.00 to $104.00 and gave the stock an “overweight” rating in a report on Thursday, April 16th. Wall Street Zen raised Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a report on Saturday, April 25th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $105.00 price target on shares of Wyndham Hotels & Resorts in a research note on Friday, May 1st. Truist Financial upped their price objective on Wyndham Hotels & Resorts from $99.00 to $107.00 and gave the company a “buy” rating in a report on Thursday, March 26th. Finally, JPMorgan Chase & Co. increased their price objective on Wyndham Hotels & Resorts from $99.00 to $100.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 21st. Eight equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $96.27.

Insiders Place Their Bets

In other news, CEO Geoffrey A. Ballotti sold 18,516 shares of the company’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $80.79, for a total transaction of $1,495,907.64. Following the completion of the sale, the chief executive officer directly owned 548,308 shares in the company, valued at approximately $44,297,803.32. This represents a 3.27% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 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 Performance

NYSE WH opened at $86.67 on Tuesday. The firm has a 50-day moving average price of $82.50 and a two-hundred day moving average price of $80.18. Wyndham Hotels & Resorts has a 12-month low of $69.21 and a 12-month high of $92.68. The company has a market capitalization of $6.49 billion, a P/E ratio of 34.81, a P/E/G ratio of 2.36 and a beta of 0.62. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 5.88.

Wyndham Hotels & Resorts (NYSE:WH) last announced its earnings results on Wednesday, April 29th. The company reported $0.96 EPS for the quarter, topping the consensus estimate 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 company had revenue of $327.00 million for the quarter, compared to analysts’ expectations of $321.97 million. During the same period last year, the firm earned $0.86 earnings per share. The business’s revenue for the quarter was up 3.5% on a year-over-year basis. Wyndham Hotels & Resorts has set its FY 2026 guidance at 4.620-4.800 EPS. Analysts anticipate that Wyndham Hotels & Resorts will post 4.83 earnings per share for the current year.

Wyndham Hotels & Resorts Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be paid a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date is Monday, June 15th. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is 69.08%.

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.