Alyeska Investment Group L.P. Sells 1,740,708 Shares of Wyndham Hotels & Resorts $WH

Key Points

• Alyeska Investment Group cut its Wyndham Hotels & Resorts position by 75.7% in the second quarter, selling 1.74 million shares and retaining 558,093 shares valued at approximately $47 million.
• Analysts maintain a generally positive view, with eight Buy and five Hold ratings producing a consensus “Moderate Buy” rating and an average price target of $95.91.
• Wyndham reported quarterly EPS of $1.48, exceeding estimates, although revenue fell 5.5% year over year to $375 million. The company declared a quarterly dividend of $0.43 per share, representing a 2.3% annualized yield.

Alyeska Investment Group L.P. lowered its position in Wyndham Hotels & Resorts (NYSE:WH - Free Report) by 75.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 558,093 shares of the company's stock after selling 1,740,708 shares during the quarter. Alyeska Investment Group L.P. owned approximately 0.75% of Wyndham Hotels & Resorts worth $46,997,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the business. Capital Research Global Investors boosted its stake in shares of Wyndham Hotels & Resorts by 4.8% in the 4th 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 in the last quarter. BlackRock Inc. purchased a new position in shares of Wyndham Hotels & Resorts in the second quarter worth about $623,573,000. T. Rowe Price Investment Management Inc. increased its holdings in shares of 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 worth $392,024,000 after buying an additional 583,967 shares during the period. Norges Bank bought a new stake in shares of Wyndham Hotels & Resorts in the 4th quarter valued at about $219,462,000. Finally, Morgan Stanley lifted its stake in shares of 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 last quarter. 93.46% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages have weighed in on WH. Weiss Ratings reiterated a "hold (c)" rating on shares of Wyndham Hotels & Resorts in a research report on Wednesday, July 8th. Barclays cut their target price on shares of Wyndham Hotels & Resorts from $104.00 to $102.00 and set an "overweight" rating on the stock in a report on Monday, July 20th. Susquehanna decreased their target price on shares of Wyndham Hotels & Resorts from $90.00 to $80.00 and set a "neutral" rating on the stock in a research note on Tuesday, August 11th. Wells Fargo & Company upped their price target 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, Morgan Stanley dropped their price target on shares of Wyndham Hotels & Resorts from $93.00 to $91.00 and set an "overweight" rating for the company in a research report on Tuesday, August 18th. Eight investment 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 company has a consensus rating of "Moderate Buy" and a consensus price target of $95.91.

Wyndham Hotels & Resorts Price Performance

Shares of NYSE WH opened at $76.03 on Monday. Wyndham Hotels & Resorts has a 1 year low of $69.21 and a 1 year high of $90.35. The stock has a market capitalization of $5.64 billion, a P/E ratio of 27.95, a P/E/G ratio of 1.97 and a beta of 0.63. The company's 50-day moving average is $77.57 and its 200 day moving average is $79.99. The company has a debt-to-equity ratio of 5.53, a current ratio of 0.99 and a quick ratio of 0.99.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last issued its quarterly earnings data on Wednesday, July 22nd. The company reported $1.48 EPS for the quarter, topping the consensus estimate of $1.41 by $0.07. Wyndham Hotels & Resorts had a net margin of 14.67% and a return on equity of 74.22%. The business had revenue of $375.00 million during the quarter, compared to analyst estimates of $400.75 million. During the same period last year, the business posted $1.33 earnings per share. Wyndham Hotels & Resorts's quarterly revenue was down 5.5% compared to the same quarter last year. Wyndham Hotels & Resorts has set its FY 2026 guidance at 4.710-4.830 EPS. On average, sell-side analysts expect that Wyndham Hotels & Resorts will post 4.81 earnings per share for the current year.

Wyndham Hotels & Resorts Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be given a dividend of $0.43 per share. The ex-dividend date is Tuesday, September 15th. This represents a $1.72 annualized dividend and a dividend yield of 2.3%. Wyndham Hotels & Resorts's payout ratio is currently 63.24%.

Insiders Place Their Bets

In related news, CEO Geoffrey A. Ballotti sold 19,414 shares of the company's stock in a transaction 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 directly owned 549,323 shares of the company's stock, valued at $39,941,275.33. This represents a 3.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.33% of the stock is currently owned by insiders.

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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