Public Employees Retirement System of Ohio Invests $1.87 Million in Wyndham Hotels & Resorts $WH

Public Employees Retirement System of Ohio acquired a new stake in Wyndham Hotels & Resorts (NYSE:WHFree Report) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 22,181 shares of the company’s stock, valued at approximately $1,868,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Norges Bank acquired a new stake in shares of Wyndham Hotels & Resorts during the 4th quarter worth approximately $219,462,000. Commerce Bank bought a new stake in shares of Wyndham Hotels & Resorts in the 2nd quarter valued at $3,115,000. Patriot Financial Group Insurance Agency LLC lifted its position in shares of Wyndham Hotels & Resorts by 177.2% during the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 18,926 shares of the company’s stock valued at $1,537,000 after acquiring an additional 12,098 shares during the period. TD Asset Management Inc lifted its position in shares of Wyndham Hotels & Resorts by 11.4% during the 4th quarter. TD Asset Management Inc now owns 274,576 shares of the company’s stock valued at $20,747,000 after acquiring an additional 28,192 shares during the period. Finally, William Blair Investment Management LLC acquired a new position in shares of Wyndham Hotels & Resorts during the 4th quarter valued at $21,109,000. Institutional investors own 93.46% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have commented on the stock. Weiss Ratings restated a “hold (c)” rating on shares of Wyndham Hotels & Resorts in a report on Wednesday, July 8th. Morgan Stanley dropped their price objective 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. Barclays dropped 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. Wells Fargo & Company increased 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. Finally, Susquehanna reduced their target price on Wyndham Hotels & Resorts from $90.00 to $80.00 and set a “neutral” rating for the company in a research note on Tuesday, August 11th. Eight investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, Wyndham Hotels & Resorts presently has an average rating of “Moderate Buy” and a consensus price target of $95.91.

Check Out Our Latest Stock Report on WH

Insider Activity at Wyndham Hotels & Resorts

In related news, CEO Geoffrey Ballotti sold 19,414 shares of the firm’s stock in a transaction dated 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 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 legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.33% of the stock is currently owned by insiders.

Wyndham Hotels & Resorts Price Performance

Shares of NYSE:WH opened at $71.83 on Monday. Wyndham Hotels & Resorts has a twelve month low of $69.21 and a twelve month high of $90.35. The stock’s 50 day moving average is $76.24 and its 200-day moving average is $79.75. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 5.53. The firm has a market capitalization of $5.33 billion, a price-to-earnings ratio of 26.41, a PEG ratio of 1.86 and a beta of 0.62.

Wyndham Hotels & Resorts (NYSE:WHGet Free Report) last posted its quarterly earnings results on Wednesday, July 22nd. The company reported $1.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.41 by $0.07. The business had revenue of $375.00 million during 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%. Wyndham Hotels & Resorts’s revenue 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. Sell-side 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 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 2.4%. The ex-dividend date is Tuesday, September 15th. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is currently 63.24%.

About Wyndham Hotels & Resorts

(Free Report)

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.

See Also

Want to see what other hedge funds are holding WH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Wyndham Hotels & Resorts (NYSE:WHFree Report).

Institutional Ownership by Quarter for Wyndham Hotels & Resorts (NYSE:WH)

Receive News & Ratings for Wyndham Hotels & Resorts Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wyndham Hotels & Resorts and related companies with MarketBeat.com's FREE daily email newsletter.