Legal & General Group Plc Makes New Investment in Wyndham Hotels & Resorts $WH

Key Points

• Legal & General Group Plc acquired 104,778 shares of Wyndham Hotels & Resorts in the second quarter, worth approximately $8.8 million and representing 0.14% of the company. Institutional investors and hedge funds collectively own 93.46% of WH.
• Wyndham reported quarterly EPS of $1.48, beating analyst estimates of $1.41, while revenue of $375 million fell short of the $400.75 million consensus and declined 5.5% year over year.
• The company declared a quarterly dividend of $0.43 per share, equivalent to a 2.4% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $95.91, compared with the stock’s reported price of $70.91.

Legal & General Group Plc acquired a new stake in Wyndham Hotels & Resorts (NYSE:WH - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 104,778 shares of the company's stock, valued at approximately $8,823,000. Legal & General Group Plc owned 0.14% of Wyndham Hotels & Resorts as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. The Manufacturers Life Insurance Company purchased a new stake in Wyndham Hotels & Resorts during the second quarter worth $4,455,000. Mcmorgan & Co. LLC purchased a new position in Wyndham Hotels & Resorts in the second quarter valued at $214,000. Algert Global LLC purchased a new position in Wyndham Hotels & Resorts in the second quarter valued at $331,000. Cibc World Market Inc. acquired a new position in shares of Wyndham Hotels & Resorts in the second quarter worth about $2,712,000. Finally, Sanctuary Advisors LLC purchased a new stake in shares of Wyndham Hotels & Resorts during the 2nd quarter worth about $276,000. 93.46% of the stock is owned by institutional investors and hedge funds.

Wyndham Hotels & Resorts Price Performance

WH stock opened at $70.91 on Wednesday. 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 business has a 50 day simple moving average of $77.14 and a 200-day simple moving average of $79.88. The firm has a market capitalization of $5.26 billion, a PE ratio of 26.07, a price-to-earnings-growth ratio of 1.91 and a beta of 0.62. 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 announced its quarterly earnings data on Wednesday, July 22nd. The company reported $1.48 EPS for the quarter, topping analysts' consensus estimates of $1.41 by $0.07. The firm had revenue of $375.00 million for the quarter, compared to the consensus estimate of $400.75 million. Wyndham Hotels & Resorts had a return on equity of 74.22% and a net margin of 14.67%.The firm's revenue was down 5.5% compared to the same quarter last year. During the same quarter 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. Equities research analysts anticipate that Wyndham Hotels & Resorts will post 4.81 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Announces Dividend

The business also recently declared 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 annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Tuesday, September 15th. Wyndham Hotels & Resorts's payout ratio is currently 63.24%.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on WH shares. Wells Fargo & Company upped 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 research report on Thursday, July 16th. Morgan Stanley dropped their target price on shares of 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. Susquehanna reduced their price target on shares of Wyndham Hotels & Resorts from $90.00 to $80.00 and set a "neutral" rating for the company in a research report on Tuesday, August 11th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Wyndham Hotels & Resorts in a research note on Wednesday, July 8th. Finally, Barclays lowered their price objective on Wyndham Hotels & Resorts from $104.00 to $102.00 and set an "overweight" rating on the stock in a report on Monday, July 20th. Eight research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $95.91.

Insider Buying and Selling at Wyndham Hotels & Resorts

In other news, CEO Geoffrey A. Ballotti sold 19,414 shares of the business's stock in a transaction dated 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 of the company's stock, valued at approximately $39,941,275.33. The trade was a 3.41% decrease in their position. The sale 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. Insiders own 2.33% of the company's stock.

About Wyndham Hotels & Resorts

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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