WINTON GROUP Ltd lowered its position in Wyndham Hotels & Resorts (NYSE:WH – Free Report) by 62.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 17,426 shares of the company’s stock after selling 28,997 shares during the period. WINTON GROUP Ltd’s holdings in Wyndham Hotels & Resorts were worth $1,467,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors have also modified their holdings of the business. Geneos Wealth Management Inc. raised its holdings in shares of 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 buying an additional 124 shares during the period. Fifth Third Wealth Advisors LLC boosted its holdings in 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 valued at $247,000 after acquiring an additional 129 shares during the period. EverSource Wealth Advisors LLC boosted its holdings in Wyndham Hotels & Resorts by 73.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 314 shares of the company’s stock valued at $25,000 after acquiring an additional 133 shares during the period. MML Investors Services LLC grew its position in Wyndham Hotels & Resorts by 0.7% in the 2nd quarter. MML Investors Services LLC now owns 28,070 shares of the company’s stock valued at $2,280,000 after acquiring an additional 185 shares during the last quarter. Finally, Osaic Holdings Inc. grew its position in Wyndham Hotels & Resorts by 6.8% in the 2nd quarter. Osaic Holdings Inc. now owns 2,960 shares of the company’s stock valued at $249,000 after acquiring an additional 189 shares during the last quarter. Hedge funds and other institutional investors own 93.46% of the company’s stock.
Insider Buying and Selling
In related news, CEO Geoffrey Ballotti sold 19,414 shares of the stock in a transaction that occurred on 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 completion of the sale, the chief executive officer owned 549,323 shares of the company’s stock, valued at $39,941,275.33. This represents a 3.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.33% of the stock is owned by insiders.
Wyndham Hotels & Resorts Price Performance
Wyndham Hotels & Resorts (NYSE:WH – Get Free Report) last announced its earnings results on Wednesday, July 22nd. The company reported $1.48 EPS for the quarter, topping analysts’ consensus estimates 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%. The firm’s revenue was down 5.5% on a year-over-year basis. During the same period in the previous year, the company posted $1.33 earnings per share. Wyndham Hotels & Resorts has set its FY 2026 guidance at 4.710-4.830 EPS. Research analysts predict that Wyndham Hotels & Resorts will post 4.81 earnings per share for the current fiscal year.
Wyndham Hotels & Resorts Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be paid a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a dividend yield of 2.5%. The ex-dividend date is Tuesday, September 15th. Wyndham Hotels & Resorts’s payout ratio is 63.24%.
Analysts Set New Price Targets
Several analysts have recently weighed in on WH shares. Barclays decreased their target price on Wyndham Hotels & Resorts from $104.00 to $102.00 and set an “overweight” rating for the company in a research report on Monday, July 20th. Morgan Stanley cut their price target 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. Susquehanna reduced their price target 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 lifted their price objective 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. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Wyndham Hotels & Resorts in a research report on Wednesday, July 8th. Eight analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $95.64.
View Our Latest Stock Report on Wyndham Hotels & Resorts
Wyndham Hotels & Resorts Company Profile
Wyndham Hotels & Resorts, Inc is a global hotel franchising company that provides branding, marketing, reservation, loyalty and other support services to independently owned and operated hotels. Its portfolio is focused primarily on the economy and midscale segments of the lodging industry.
The company’s brand portfolio includes well-known names such as Wyndham, Ramada, Days Inn, Super 8, La Quinta, Travelodge, Baymont, Microtel, Wingate, AmericInn, Econo Lodge, Howard Johnson, Dolce and Registry Collection Hotels.
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