29,202 Shares in Wyndham Hotels & Resorts $WH Bought by Deutsche Bank AG

Deutsche Bank AG purchased a new stake in shares of Wyndham Hotels & Resorts (NYSE:WHFree Report) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 29,202 shares of the company’s stock, valued at approximately $2,459,000.

Several other large investors have also made changes to their positions in WH. Capital Research Global Investors lifted its stake 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 buying an additional 375,892 shares during the period. T. Rowe Price Investment Management Inc. boosted its position in Wyndham Hotels & Resorts by 12.7% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 5,188,239 shares of the company’s stock valued at $392,024,000 after buying an additional 583,967 shares in the last quarter. Norges Bank acquired a new position in Wyndham Hotels & Resorts in the fourth quarter valued at about $219,462,000. Morgan Stanley grew its stake in Wyndham Hotels & Resorts by 49.0% during the fourth quarter. Morgan Stanley now owns 2,872,466 shares of the company’s stock worth $217,044,000 after buying an additional 944,562 shares during the last quarter. Finally, Bank of Montreal Can grew its stake in Wyndham Hotels & Resorts by 14,200.0% during the fourth quarter. Bank of Montreal Can now owns 2,562,843 shares of the company’s stock worth $193,648,000 after buying an additional 2,544,921 shares during the last quarter. Institutional investors and hedge funds own 93.46% of the company’s stock.

Insider Transactions at Wyndham Hotels & Resorts

In other Wyndham Hotels & Resorts news, CEO Geoffrey A. Ballotti sold 19,414 shares of the business’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $72.71, for a total value of $1,411,591.94. Following the sale, the chief executive officer owned 549,323 shares in the company, valued at approximately $39,941,275.33. The trade was a 3.41% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 2.33% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the stock. Barclays cut their target price on shares of Wyndham Hotels & Resorts from $104.00 to $102.00 and set an “overweight” rating for the company in a research note on Monday, July 20th. Morgan Stanley decreased their price target on Wyndham Hotels & Resorts from $93.00 to $91.00 and set an “overweight” rating on the stock in a research report on Tuesday, August 18th. Susquehanna cut their price objective on Wyndham Hotels & Resorts from $90.00 to $80.00 and set a “neutral” rating for the company in a research report on Tuesday, August 11th. Stifel Nicolaus set a $98.00 target price on Wyndham Hotels & Resorts in a report on Thursday, April 30th. Finally, JPMorgan Chase & Co. decreased their target price on Wyndham Hotels & Resorts from $100.00 to $97.00 and set an “overweight” rating on the stock in a report on Tuesday, July 21st. Eight equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $95.91.

Get Our Latest Report on WH

Wyndham Hotels & Resorts Stock Down 0.1%

Wyndham Hotels & Resorts stock opened at $76.79 on Friday. The company has a 50 day moving average of $77.74 and a 200-day moving average of $80.00. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 5.53. Wyndham Hotels & Resorts has a twelve month low of $69.21 and a twelve month high of $90.35. The stock has a market capitalization of $5.70 billion, a PE ratio of 28.23, a price-to-earnings-growth ratio of 1.99 and a beta of 0.63.

Wyndham Hotels & Resorts (NYSE:WHGet Free Report) last posted its quarterly earnings data on Wednesday, July 22nd. The company reported $1.48 EPS for the quarter, beating the consensus estimate of $1.41 by $0.07. The business had revenue of $375.00 million for the quarter, compared to analysts’ expectations of $400.75 million. Wyndham Hotels & Resorts had a net margin of 14.67% and a return on equity of 74.22%. The firm’s revenue was down 5.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.33 EPS. Wyndham Hotels & Resorts has set its FY 2026 guidance at 4.710-4.830 EPS. On average, equities research analysts anticipate that Wyndham Hotels & Resorts will post 4.81 EPS for the current fiscal year.

Wyndham Hotels & Resorts Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be given a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Tuesday, September 15th. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is currently 63.24%.

Wyndham Hotels & Resorts Company Profile

(Free Report)

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.

Featured Stories

Want to see what other hedge funds are holding WH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Wyndham Hotels & Resorts (NYSE:WHFree Report).

Institutional Ownership by Quarter for Wyndham Hotels & Resorts (NYSE:WH)

Receive News & Ratings for Wyndham Hotels & Resorts Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wyndham Hotels & Resorts and related companies with MarketBeat.com's FREE daily email newsletter.