SummitTX Capital L.P. lifted its stake in Wyndham Hotels & Resorts (NYSE:WH – Free Report) by 972.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 121,313 shares of the company’s stock after purchasing an additional 110,005 shares during the period. SummitTX Capital L.P.’s holdings in Wyndham Hotels & Resorts were worth $9,854,000 as of its most recent SEC filing.
Other large investors have also recently modified their holdings of the company. EverSource Wealth Advisors LLC lifted its holdings in 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 buying an additional 133 shares during the period. Los Angeles Capital Management LLC purchased a new position in shares of Wyndham Hotels & Resorts during the 4th quarter worth approximately $27,000. Geneos Wealth Management Inc. grew its holdings in shares of Wyndham Hotels & Resorts by 49.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 376 shares of the company’s stock worth $34,000 after acquiring an additional 124 shares during the period. Caitong International Asset Management Co. Ltd raised its position in shares of Wyndham Hotels & Resorts by 3,478.9% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 680 shares of the company’s stock worth $54,000 after acquiring an additional 661 shares in the last quarter. Finally, Clearstead Advisors LLC raised its position in shares of Wyndham Hotels & Resorts by 205.5% in the 4th quarter. Clearstead Advisors LLC now owns 727 shares of the company’s stock worth $55,000 after acquiring an additional 489 shares in the last quarter. Institutional investors own 93.46% of the company’s stock.
Analysts Set New Price Targets
Several equities research analysts recently weighed in on the company. JPMorgan Chase & Co. dropped their price target on Wyndham Hotels & Resorts from $100.00 to $97.00 and set an “overweight” rating on the stock in a research report on Tuesday, July 21st. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $105.00 price objective on shares of Wyndham Hotels & Resorts in a report on Friday, May 1st. Weiss Ratings reissued a “hold (c)” rating on shares of Wyndham Hotels & Resorts in a research report on Wednesday, July 8th. Wells Fargo & Company boosted their target price on shares of Wyndham Hotels & Resorts from $96.00 to $98.00 and gave the company an “equal weight” rating in a report on Thursday, July 16th. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $80.00 target price on shares of Wyndham Hotels & Resorts in a research report on Thursday. Eight analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, Wyndham Hotels & Resorts has a consensus rating of “Moderate Buy” and an average price target of $97.00.
Wyndham Hotels & Resorts Stock Performance
Wyndham Hotels & Resorts stock opened at $73.49 on Monday. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 5.53. The company has a market capitalization of $5.45 billion, a P/E ratio of 27.02, a PEG ratio of 1.96 and a beta of 0.62. The stock’s 50 day moving average is $80.48 and its 200 day moving average is $80.42. Wyndham Hotels & Resorts has a twelve month low of $69.21 and a twelve month high of $92.68.
Wyndham Hotels & Resorts (NYSE:WH – Get Free Report) last posted its quarterly earnings data on Wednesday, July 22nd. The company reported $1.48 earnings per share for the quarter, beating analysts’ consensus estimates of $1.41 by $0.07. The company had revenue of $375.00 million during the quarter, compared to analyst estimates of $400.75 million. Wyndham Hotels & Resorts had a return on equity of 74.22% and a net margin of 14.67%.The firm’s revenue for the quarter was down 5.5% on a year-over-year basis. During the same quarter last year, the company earned $1.33 EPS. Wyndham Hotels & Resorts has set its FY 2026 guidance at 4.710-4.830 EPS. On average, equities research analysts predict that Wyndham Hotels & Resorts will post 4.8 earnings per share for the current fiscal year.
Wyndham Hotels & Resorts Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were issued a dividend of $0.43 per share. The ex-dividend date was Monday, June 15th. This represents a $1.72 annualized dividend and a dividend yield of 2.3%. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is presently 63.24%.
Insider Buying and Selling at Wyndham Hotels & Resorts
In other news, CEO Geoffrey A. Ballotti sold 18,516 shares of Wyndham Hotels & Resorts stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $80.79, for a total value of $1,495,907.64. Following the completion of the transaction, the chief executive officer owned 548,308 shares of the company’s stock, valued at $44,297,803.32. The trade was a 3.27% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.33% of the stock is owned by insiders.
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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