TimesSquare Capital Management LLC Invests $16.66 Million in Wyndham Hotels & Resorts $WH

Key Points

• TimesSquare Capital Management acquired 197,862 shares of Wyndham Hotels & Resorts, valued at approximately $16.66 million, giving it a 0.27% stake. Institutional investors collectively own 93.46% of the company.
• Analysts maintain a generally positive outlook, with eight Buy ratings and five Holds producing a “Moderate Buy” consensus and an average price target of $96.09, compared with a recent share price of $73.11.
• Wyndham exceeded quarterly EPS expectations with $1.48 versus the $1.41 estimate, although revenue fell 5.5% year over year to $375 million. The company also declared a quarterly dividend of $0.43, representing a 2.4% annualized yield.

TimesSquare Capital Management LLC acquired a new stake in Wyndham Hotels & Resorts (NYSE:WH - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 197,862 shares of the company's stock, valued at approximately $16,662,000. TimesSquare Capital Management LLC owned about 0.27% of Wyndham Hotels & Resorts at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. 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 worth $34,000 after acquiring an additional 124 shares during the period. Fifth Third Wealth Advisors LLC lifted its stake in shares of Wyndham Hotels & Resorts by 4.4% during the 1st quarter. Fifth Third Wealth Advisors LLC now owns 3,043 shares of the company's stock worth $247,000 after purchasing an additional 129 shares during the period. EverSource Wealth Advisors LLC boosted its holdings in shares of Wyndham Hotels & Resorts by 73.5% during the second quarter. EverSource Wealth Advisors LLC now owns 314 shares of the company's stock worth $25,000 after purchasing an additional 133 shares during the last quarter. MML Investors Services LLC boosted its holdings in shares of Wyndham Hotels & Resorts by 0.7% during the second quarter. MML Investors Services LLC now owns 28,070 shares of the company's stock worth $2,280,000 after purchasing an additional 185 shares during the last quarter. Finally, Osaic Holdings Inc. grew its position in shares of Wyndham Hotels & Resorts by 6.8% in the second quarter. Osaic Holdings Inc. now owns 2,960 shares of the company's stock valued at $249,000 after purchasing an additional 189 shares during the period. Hedge funds and other institutional investors own 93.46% of the company's stock.

Analyst Upgrades and Downgrades

WH has been the subject of several analyst reports. Stifel Nicolaus set a $98.00 target price on Wyndham Hotels & Resorts in a research note on Thursday, April 30th. JPMorgan Chase & Co. decreased their price target 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. Wall Street Zen upgraded Wyndham Hotels & Resorts from a "sell" rating to a "hold" rating in a report on Saturday, April 25th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Wyndham Hotels & Resorts in a research note on Wednesday, July 8th. Finally, Barclays cut their price objective 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. Eight analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $96.09.

Insider Activity

In other Wyndham Hotels & Resorts news, CEO Geoffrey A. Ballotti sold 18,516 shares of the company's stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $80.79, for a total value of $1,495,907.64. Following the transaction, the chief executive officer directly owned 548,308 shares of the company's stock, valued at $44,297,803.32. This represents a 3.27% decrease in their position. The sale was disclosed in a document filed with the SEC, 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 Price Performance

WH opened at $73.11 on Tuesday. Wyndham Hotels & Resorts has a 52-week low of $69.21 and a 52-week high of $90.35. The company has a 50 day moving average of $78.64 and a two-hundred day moving average of $79.92. The company has a market cap of $5.43 billion, a P/E ratio of 26.88, a P/E/G ratio of 1.90 and a beta of 0.63. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 5.53.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last issued its earnings results on Wednesday, July 22nd. The company reported $1.48 EPS for the quarter, beating analysts' consensus estimates of $1.41 by $0.07. The business had revenue of $375.00 million for 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 quarter last year, the firm posted $1.33 EPS. Wyndham Hotels & Resorts has set its FY 2026 guidance at 4.710-4.830 EPS. On average, analysts expect that Wyndham Hotels & Resorts will post 4.82 earnings per share for the current year.

Wyndham Hotels & Resorts Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be paid a $0.43 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 2.4%. Wyndham Hotels & Resorts's dividend payout ratio (DPR) is 63.24%.

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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