First Trust Advisors LP Acquires 11,499 Shares of Wyndham Hotels & Resorts $WH

First Trust Advisors LP boosted its holdings in Wyndham Hotels & Resorts (NYSE:WHFree Report) by 99.9% in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 23,014 shares of the company’s stock after buying an additional 11,499 shares during the quarter. First Trust Advisors LP’s holdings in Wyndham Hotels & Resorts were worth $1,869,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of WH. Royal Bank of Canada grew its stake in shares of Wyndham Hotels & Resorts by 31.8% in the first quarter. Royal Bank of Canada now owns 60,411 shares of the company’s stock worth $5,467,000 after acquiring an additional 14,593 shares during the period. Integrated Wealth Concepts LLC lifted its position in Wyndham Hotels & Resorts by 34.3% during the first quarter. Integrated Wealth Concepts LLC now owns 4,622 shares of the company’s stock valued at $418,000 after purchasing an additional 1,181 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Wyndham Hotels & Resorts by 7.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 248,495 shares of the company’s stock valued at $22,491,000 after purchasing an additional 18,191 shares during the period. Geneos Wealth Management Inc. boosted its holdings in Wyndham Hotels & Resorts by 49.2% in the first quarter. Geneos Wealth Management Inc. now owns 376 shares of the company’s stock worth $34,000 after purchasing an additional 124 shares during the last quarter. Finally, EverSource Wealth Advisors LLC boosted its holdings in Wyndham Hotels & Resorts by 73.5% in 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. Institutional investors own 93.46% of the company’s stock.

Wyndham Hotels & Resorts Stock Down 1.9%

Shares of WH stock opened at $73.76 on Friday. Wyndham Hotels & Resorts has a 12 month low of $69.21 and a 12 month high of $91.44. The stock has a market cap of $5.47 billion, a P/E ratio of 27.12, a P/E/G ratio of 1.91 and a beta of 0.63. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 5.53. The company has a 50 day simple moving average of $79.50 and a two-hundred day simple moving average of $80.10.

Wyndham Hotels & Resorts (NYSE:WHGet Free Report) last released its quarterly earnings results on Wednesday, July 22nd. The company reported $1.48 earnings per share for the quarter, topping the consensus estimate 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 company’s quarterly revenue was down 5.5% on a year-over-year basis. During the same period last year, the firm earned $1.33 earnings per share. Wyndham Hotels & Resorts has set its FY 2026 guidance at 4.710-4.830 EPS. On average, research analysts expect that Wyndham Hotels & Resorts will post 4.82 earnings per share for the current year.

Wyndham Hotels & Resorts Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were issued a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend was Monday, June 15th. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is currently 63.24%.

Insiders Place Their Bets

In related news, CEO Geoffrey A. Ballotti sold 18,516 shares of Wyndham Hotels & Resorts stock in a transaction on Monday, June 15th. The stock was sold at an average price of $80.79, for a total transaction of $1,495,907.64. Following the transaction, the chief executive officer directly owned 548,308 shares in the company, valued at approximately $44,297,803.32. The trade was a 3.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible 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.

Wall Street Analyst Weigh In

WH has been the subject of a number of research reports. Stifel Nicolaus set a $98.00 target price on shares of Wyndham Hotels & Resorts in a research note on Thursday, April 30th. The Goldman Sachs Group restated a “neutral” rating and issued a $80.00 price target on shares of Wyndham Hotels & Resorts in a research note on Thursday, July 23rd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Wyndham Hotels & Resorts in a report on Wednesday, July 8th. Morgan Stanley upped their price objective on Wyndham Hotels & Resorts from $89.00 to $93.00 and gave the company an “overweight” rating in a research report on Friday, July 17th. Finally, JPMorgan Chase & Co. lowered their target price on Wyndham Hotels & Resorts from $100.00 to $97.00 and set an “overweight” rating on the stock in a report on Tuesday, July 21st. Eight research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $97.00.

Read Our Latest Analysis on Wyndham Hotels & Resorts

Wyndham Hotels & Resorts Company Profile

(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.

Further Reading

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

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