Capstone Investment Advisors LLC bought a new stake in Wyndham Hotels & Resorts (NYSE:WH – Free Report) during the second quarter, Holdings Channel reports. The institutional investor bought 8,291 shares of the company’s stock, valued at approximately $698,000.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Corient Private Wealth LP bought a new position in shares of Wyndham Hotels & Resorts during the 2nd quarter worth approximately $1,689,000. Bamco Inc. NY bought a new stake in Wyndham Hotels & Resorts in the second quarter worth about $2,186,000. Bank of America Corp DE purchased a new stake in shares of Wyndham Hotels & Resorts during the 2nd quarter worth approximately $47,811,000. Freestone Grove Partners LP bought a new stake in shares of Wyndham Hotels & Resorts in the 2nd quarter worth approximately $36,376,000. Finally, Jupiter Topco LLC purchased a new position in shares of Wyndham Hotels & Resorts in the second quarter worth about $37,657,000. Hedge funds and other institutional investors own 93.46% of the company’s stock.
Insider Buying and Selling
In other Wyndham Hotels & Resorts news, CEO Geoffrey A. Ballotti sold 19,414 shares of Wyndham Hotels & Resorts stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $72.71, for a total transaction of $1,411,591.94. Following the sale, the chief executive officer directly owned 549,323 shares of the company’s stock, 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 can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.33% of the stock is owned by company insiders.
Analyst Ratings Changes
Read Our Latest Stock Report on WH
Wyndham Hotels & Resorts Stock Performance
NYSE:WH opened at $76.03 on Friday. The firm has a market cap of $5.64 billion, a PE ratio of 27.95, a price-to-earnings-growth ratio of 1.99 and a beta of 0.63. Wyndham Hotels & Resorts has a fifty-two week low of $69.21 and a fifty-two week high of $90.35. The company has a debt-to-equity ratio of 5.53, a quick ratio of 0.99 and a current ratio of 0.99. The business has a 50 day moving average price of $77.57 and a 200-day moving average price of $79.97.
Wyndham Hotels & Resorts (NYSE:WH – Get Free Report) last issued its earnings results on Wednesday, July 22nd. The company reported $1.48 EPS for the quarter, topping the consensus estimate of $1.41 by $0.07. The company had revenue of $375.00 million for the quarter, compared to the consensus estimate 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 for the quarter was down 5.5% on a year-over-year basis. During the same period in the previous year, the firm earned $1.33 earnings per share. Wyndham Hotels & Resorts has set its FY 2026 guidance at 4.710-4.830 EPS. Equities research analysts predict that Wyndham Hotels & Resorts will post 4.81 earnings per share for the current year.
Wyndham Hotels & Resorts Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be paid a dividend of $0.43 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 2.3%. Wyndham Hotels & Resorts’s payout ratio is presently 63.24%.
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.
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