Findlay Park Partners LLP Invests $100.65 Million in Wyndham Hotels & Resorts $WH

Findlay Park Partners LLP bought a new stake in Wyndham Hotels & Resorts (NYSE:WH - Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 1,195,200 shares of the company's stock, valued at approximately $100,648,000. Findlay Park Partners LLP owned about 1.61% of Wyndham Hotels & Resorts at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in WH. EverSource Wealth Advisors LLC lifted its holdings in shares of Wyndham Hotels & Resorts by 73.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 314 shares of the company's stock valued at $25,000 after buying an additional 133 shares during the period. Los Angeles Capital Management LLC purchased a new stake in Wyndham Hotels & Resorts during the fourth quarter worth $27,000. Geneos Wealth Management Inc. grew its stake in 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. J.Safra Asset Management Corp acquired a new stake in shares of Wyndham Hotels & Resorts in the second quarter valued at approximately $43,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in shares of Wyndham Hotels & Resorts during the 2nd quarter worth approximately $52,000. 93.46% of the stock is currently owned by institutional investors and hedge funds.

Wyndham Hotels & Resorts Trading Down 1.0%

NYSE WH opened at $74.58 on Friday. Wyndham Hotels & Resorts has a 12 month low of $69.21 and a 12 month high of $90.35. The company has a 50-day moving average of $78.34 and a 200-day moving average of $79.92. 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 cap of $5.53 billion, a P/E ratio of 27.42, a P/E/G ratio of 1.93 and a beta of 0.63.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last released its earnings results 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. 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 for the quarter, compared to analysts' expectations of $400.75 million. During the same period last year, the company earned $1.33 earnings per share. The company'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. As a group, equities analysts predict that Wyndham Hotels & Resorts will post 4.81 earnings per share for the current year.

Wyndham Hotels & Resorts Announces Dividend

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

Insider Buying and Selling at Wyndham Hotels & Resorts

In related news, CEO Geoffrey A. Ballotti sold 19,414 shares of the 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 transaction, the chief executive officer directly owned 549,323 shares of the company's stock, valued at approximately $39,941,275.33. This trade represents a 3.41% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through 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.

Analyst Ratings Changes

A number of brokerages have commented on WH. The Goldman Sachs Group reiterated a "neutral" rating and set a $80.00 target price on shares of Wyndham Hotels & Resorts in a report on Thursday, July 23rd. Wall Street Zen upgraded Wyndham Hotels & Resorts from a "sell" rating to a "hold" rating in a research report on Saturday, April 25th. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a $105.00 target price on shares of Wyndham Hotels & Resorts in a report on Friday, May 1st. JPMorgan Chase & Co. lowered their price target on shares of Wyndham Hotels & Resorts from $100.00 to $97.00 and set an "overweight" rating for the company in a report on Tuesday, July 21st. Finally, Morgan Stanley cut their price objective 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 equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $95.91.

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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