Commerce Bank Invests $3.12 Million in Wyndham Hotels & Resorts $WH

Key Points

• Commerce Bank acquired a new $3.12 million stake in Wyndham Hotels & Resorts during the second quarter, purchasing 36,990 shares. Institutional investors and hedge funds collectively own 93.46% of the company.
• Analysts maintain a generally positive outlook, with eight Buy ratings and five Hold ratings, producing a “Moderate Buy” consensus and an average price target of $95.91.
• Wyndham reported quarterly EPS of $1.48, beating estimates of $1.41, although revenue fell 5.5% year over year to $375 million. The company also declared a quarterly dividend of $0.43 per share, equal to a 2.3% annualized yield.

Commerce Bank bought a new stake in shares of Wyndham Hotels & Resorts (NYSE:WH - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 36,990 shares of the company's stock, valued at approximately $3,115,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. BlackRock Inc. acquired a new stake in Wyndham Hotels & Resorts during the 2nd quarter worth about $623,573,000. Norges Bank purchased a new stake in Wyndham Hotels & Resorts during the fourth quarter valued at about $219,462,000. Bank of Montreal Can boosted its holdings in shares of Wyndham Hotels & Resorts by 14,200.0% in 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 period. Alyeska Investment Group L.P. boosted its holdings 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 buying an additional 1,386,569 shares during the period. Finally, Findlay Park Partners LLP purchased a new position in shares of Wyndham Hotels & Resorts in the second quarter worth approximately $100,648,000. Institutional investors and hedge funds own 93.46% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. Morgan Stanley cut their price target on shares of Wyndham Hotels & Resorts from $93.00 to $91.00 and set an "overweight" rating on the stock in a report on Tuesday, August 18th. JPMorgan Chase & Co. lowered their price objective on shares of Wyndham Hotels & Resorts from $100.00 to $97.00 and set an "overweight" rating on the stock in a research report on Tuesday, July 21st. Susquehanna cut 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. The Goldman Sachs Group restated a "neutral" rating and issued a $80.00 target price on shares of Wyndham Hotels & Resorts in a report on Thursday, July 23rd. Finally, Weiss Ratings reaffirmed a "hold (c)" rating on shares of Wyndham Hotels & Resorts in a research report on Wednesday, July 8th. Eight research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $95.91.

Insider Buying and Selling

In other news, CEO Geoffrey A. Ballotti sold 19,414 shares of the stock in a transaction on Monday, August 17th. The shares were sold at an average price of $72.71, for a total transaction of $1,411,591.94. Following the transaction, the chief executive officer owned 549,323 shares in the company, valued at $39,941,275.33. This represents a 3.41% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.33% of the stock is owned by corporate insiders.

Wyndham Hotels & Resorts Stock Down 0.4%

WH opened at $74.33 on Tuesday. The company has a market capitalization of $5.52 billion, a PE ratio of 27.33, a price-to-earnings-growth ratio of 1.93 and a beta of 0.63. 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 has a fifty-two week low of $69.21 and a fifty-two week high of $90.35. The business has a 50-day moving average of $78.21 and a 200-day moving average of $79.99.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last announced its quarterly earnings results on Wednesday, July 22nd. The company reported $1.48 EPS 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 business had revenue of $375.00 million during the quarter, compared to analysts' expectations of $400.75 million. During the same quarter in the previous year, the business posted $1.33 EPS. The firm'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. Equities research analysts forecast that Wyndham Hotels & Resorts will post 4.81 EPS for the current fiscal year.

Wyndham Hotels & Resorts Announces Dividend

The firm 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 $0.43 dividend. This represents a $1.72 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Tuesday, September 15th. Wyndham Hotels & Resorts's payout ratio is currently 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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