Castleark Management LLC Invests $6.10 Million in Wyndham Hotels & Resorts $WH

Castleark Management LLC purchased a new stake in Wyndham Hotels & Resorts (NYSE:WH) in the second quarter, Holdings Channel reports. The firm purchased 72,400 shares of the company’s stock, valued at approximately $6,097,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. EverSource Wealth Advisors LLC lifted its position in 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 buying an additional 133 shares in the last quarter. Los Angeles Capital Management LLC acquired a new stake in shares of Wyndham Hotels & Resorts in the 4th quarter worth $27,000. Geneos Wealth Management Inc. increased its stake in shares of 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 last quarter. J.Safra Asset Management Corp purchased a new position in shares of Wyndham Hotels & Resorts during the 2nd quarter worth $43,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in shares of Wyndham Hotels & Resorts during the 2nd quarter worth $52,000. Institutional investors and hedge funds own 93.46% of the company’s stock.

Wyndham Hotels & Resorts Stock Up 2.1%

Shares of NYSE:WH opened at $75.91 on Wednesday. The company has a market capitalization of $5.63 billion, a price-to-earnings ratio of 27.91, a PEG ratio of 1.93 and a beta of 0.63. Wyndham Hotels & Resorts has a 12-month low of $69.21 and a 12-month high of $90.35. The business has a 50-day moving average price of $78.02 and a 200 day moving average price of $80.00. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 5.53.

Wyndham Hotels & Resorts (NYSE:WH) last posted 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 company had revenue of $375.00 million for the quarter, compared to analysts’ expectations of $400.75 million. Wyndham Hotels & Resorts had a net margin of 14.67% and a return on equity of 74.22%. Wyndham Hotels & Resorts’s revenue for the quarter was down 5.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.33 earnings per share. Wyndham Hotels & Resorts has set its FY 2026 guidance at 4.710-4.830 EPS. Sell-side analysts expect that Wyndham Hotels & Resorts will post 4.81 EPS for the current 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 paid a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend is Tuesday, September 15th. Wyndham Hotels & Resorts’s payout ratio is 63.24%.

Insider Activity at Wyndham Hotels & Resorts

In other news, CEO Geoffrey A. Ballotti sold 19,414 shares of the company’s stock in a transaction that occurred on Monday, August 17th. The shares were 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 in the company, valued at approximately $39,941,275.33. This represents a 3.41% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 2.33% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on WH. The Goldman Sachs Group reissued a “neutral” rating and set a $80.00 price target on shares of Wyndham Hotels & Resorts in a research report on Thursday, July 23rd. Susquehanna reduced 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. Wells Fargo & Company boosted their target price on shares of Wyndham Hotels & Resorts from $96.00 to $98.00 and gave the company an “equal weight” rating in a report on Thursday, July 16th. Stifel Nicolaus set a $98.00 price target on shares of Wyndham Hotels & Resorts in a research note on Thursday, April 30th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $105.00 price target on shares of Wyndham Hotels & Resorts in a report on Friday, May 1st. Eight equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average 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.