Bamco Inc. NY bought a new position in shares of Wyndham Hotels & Resorts (NYSE:WH - Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm bought 25,964 shares of the company's stock, valued at approximately $2,186,000.
A number of other hedge funds have also made changes to their positions in the company. BlackRock Inc. acquired a new stake in shares of Wyndham Hotels & Resorts in the second quarter valued at $623,573,000. Norges Bank acquired a new stake in Wyndham Hotels & Resorts in the 4th quarter valued at about $219,462,000. Bank of Montreal Can increased its position in Wyndham Hotels & Resorts by 14,200.0% in the 4th quarter. Bank of Montreal Can now owns 2,562,843 shares of the company's stock valued at $193,648,000 after acquiring an additional 2,544,921 shares in the last quarter. Alyeska Investment Group L.P. raised its stake in shares of Wyndham Hotels & Resorts by 191.9% in the fourth quarter. Alyeska Investment Group L.P. now owns 2,109,034 shares of the company's stock worth $159,359,000 after acquiring an additional 1,386,569 shares during the last quarter. Finally, Findlay Park Partners LLP bought a new position in shares of Wyndham Hotels & Resorts in the second quarter worth about $100,648,000. Institutional investors and hedge funds own 93.46% of the company's stock.
Wyndham Hotels & Resorts Trading Down 0.1%
Shares of Wyndham Hotels & Resorts stock opened at $76.79 on Friday. The business has a fifty day simple moving average of $77.74 and a two-hundred day simple moving average of $80.00. The company has a debt-to-equity ratio of 5.53, a current ratio of 0.99 and a quick ratio of 0.99. The company has a market capitalization of $5.70 billion, a price-to-earnings ratio of 28.23, a P/E/G ratio of 1.99 and a beta of 0.63. Wyndham Hotels & Resorts has a 1 year low of $69.21 and a 1 year high of $90.35.
Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last issued its quarterly earnings data on Wednesday, July 22nd. The company reported $1.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.41 by $0.07. The firm had revenue of $375.00 million during 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 business's revenue for the quarter was down 5.5% compared to the same quarter last year. During the same period last year, the business posted $1.33 earnings per share. Wyndham Hotels & Resorts has set its FY 2026 guidance at 4.710-4.830 EPS. Research analysts forecast that Wyndham Hotels & Resorts will post 4.81 EPS for the current year.
Wyndham Hotels & Resorts Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be issued a $0.43 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $1.72 dividend on an annualized basis and a yield of 2.2%. Wyndham Hotels & Resorts's payout ratio is currently 63.24%.
Wall Street Analyst Weigh In
A number of research firms have recently weighed in on WH. Stifel Nicolaus set a $98.00 target price on Wyndham Hotels & Resorts in a research report on Thursday, April 30th. 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. Morgan Stanley dropped 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. Wells Fargo & Company raised their price objective 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. Finally, JPMorgan Chase & Co. cut their target price 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. Eight research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company's stock. Based on data from MarketBeat.com, Wyndham Hotels & Resorts has an average rating of "Moderate Buy" and a consensus target price of $95.91.
View Our Latest Stock Analysis on Wyndham Hotels & Resorts
Insider Activity
In other Wyndham Hotels & Resorts news, CEO Geoffrey A. Ballotti sold 19,414 shares of Wyndham Hotels & Resorts 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 completion of the transaction, the chief executive officer directly owned 549,323 shares of the company's stock, valued at $39,941,275.33. The trade was a 3.41% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 2.33% of the company's stock.
Wyndham Hotels & Resorts Company Profile
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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.
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