Public Employees Retirement System of Ohio bought a new position in shares of Wyndham Hotels & Resorts (NYSE:WH – Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 22,181 shares of the company’s stock, valued at approximately $1,868,000.
Several other institutional investors also recently modified their holdings of the stock. Geneos Wealth Management Inc. lifted its stake in shares of 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 acquiring an additional 124 shares during the last quarter. Fifth Third Wealth Advisors LLC grew its position in Wyndham Hotels & Resorts by 4.4% during the 1st quarter. Fifth Third Wealth Advisors LLC now owns 3,043 shares of the company’s stock worth $247,000 after acquiring an additional 129 shares during the last quarter. EverSource Wealth Advisors LLC grew its position in Wyndham Hotels & Resorts by 73.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 314 shares of the company’s stock worth $25,000 after acquiring an additional 133 shares during the last quarter. MML Investors Services LLC increased its holdings in Wyndham Hotels & Resorts by 0.7% in the 2nd quarter. MML Investors Services LLC now owns 28,070 shares of the company’s stock worth $2,280,000 after purchasing an additional 185 shares in the last quarter. Finally, Osaic Holdings Inc. increased its holdings in Wyndham Hotels & Resorts by 6.8% in the 2nd quarter. Osaic Holdings Inc. now owns 2,960 shares of the company’s stock worth $249,000 after purchasing an additional 189 shares in the last quarter. 93.46% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
WH has been the topic of a number of recent research reports. JPMorgan Chase & Co. cut their price target on Wyndham Hotels & Resorts from $100.00 to $97.00 and set an “overweight” rating on the stock in a research note on Tuesday, July 21st. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $80.00 price objective on shares of Wyndham Hotels & Resorts in a research note on Thursday, July 23rd. Weiss Ratings reiterated a “hold (c)” rating on shares of Wyndham Hotels & Resorts in a report on Wednesday, July 8th. Morgan Stanley cut their target price on shares of 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. Finally, Wells Fargo & Company boosted their target price on shares of Wyndham Hotels & Resorts from $96.00 to $98.00 and gave the stock an “equal weight” rating in a report on Thursday, July 16th. Eight research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $95.91.
Wyndham Hotels & Resorts Stock Up 0.0%
Shares of WH opened at $71.83 on Monday. The company has a market capitalization of $5.33 billion, a PE ratio of 26.41, a PEG ratio of 1.86 and a beta of 0.62. Wyndham Hotels & Resorts has a 12 month low of $69.21 and a 12 month high of $90.35. The stock’s 50-day moving average price is $76.24 and its two-hundred day moving average price is $79.75. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 5.53.
Wyndham Hotels & Resorts (NYSE:WH – Get Free Report) last issued its quarterly earnings results on Wednesday, July 22nd. The company reported $1.48 earnings per share for the quarter, beating the consensus estimate of $1.41 by $0.07. Wyndham Hotels & Resorts had a return on equity of 74.22% and a net margin of 14.67%.The company had revenue of $375.00 million during the quarter, compared to analysts’ expectations of $400.75 million. During the same quarter in the prior year, the firm posted $1.33 earnings per share. The business’s quarterly revenue was down 5.5% on a year-over-year basis. Wyndham Hotels & Resorts has set its FY 2026 guidance at 4.710-4.830 EPS. On average, analysts anticipate that Wyndham Hotels & Resorts will post 4.81 EPS for the current year.
Wyndham Hotels & Resorts Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be given a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend is Tuesday, September 15th. Wyndham Hotels & Resorts’s dividend payout ratio is currently 63.24%.
Insiders Place Their Bets
In other news, CEO Geoffrey Ballotti sold 19,414 shares of the business’s stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $72.71, for a total value of $1,411,591.94. Following the transaction, 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 sale was disclosed in a document filed with the Securities & Exchange Commission, 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.
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.
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