Wyndham Hotels & Resorts $WH Shares Acquired by Rhumbline Advisers

Rhumbline Advisers boosted its holdings in Wyndham Hotels & Resorts (NYSE:WH) by 4.7% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 238,753 shares of the company’s stock after buying an additional 10,740 shares during the quarter. Rhumbline Advisers’ holdings in Wyndham Hotels & Resorts were worth $19,389,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Elequin Capital LP bought a new stake in shares of Wyndham Hotels & Resorts during the 1st quarter worth $29,000. Hantz Financial Services Inc. raised its position in shares of Wyndham Hotels & Resorts by 5,950.0% during the second quarter. Hantz Financial Services Inc. now owns 363 shares of the company’s stock worth $29,000 after purchasing an additional 357 shares during the period. Geneos Wealth Management Inc. lifted its holdings in shares of Wyndham Hotels & Resorts by 49.2% during the first quarter. Geneos Wealth Management Inc. now owns 376 shares of the company’s stock valued at $34,000 after purchasing an additional 124 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in shares of Wyndham Hotels & Resorts by 88.6% in the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 528 shares of the company’s stock valued at $43,000 after purchasing an additional 248 shares during the period. Finally, SVB Wealth LLC acquired a new position in shares of Wyndham Hotels & Resorts in the 1st quarter valued at $46,000. Institutional investors own 93.46% of the company’s stock.

Insiders Place Their Bets

In other Wyndham Hotels & Resorts news, General Counsel Paul F. Cash sold 36,379 shares of the company’s stock in a transaction that occurred on Friday, November 14th. The stock was sold at an average price of $71.66, for a total transaction of $2,606,919.14. Following the completion of the sale, the general counsel owned 39,123 shares of the company’s stock, valued at $2,803,554.18. This represents a 48.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 2.46% of the company’s stock.

Wyndham Hotels & Resorts Trading Up 0.0%

Shares of NYSE WH opened at $73.93 on Friday. The business has a 50 day simple moving average of $76.28 and a 200 day simple moving average of $82.20. Wyndham Hotels & Resorts has a 52 week low of $69.21 and a 52 week high of $113.07. The stock has a market cap of $5.59 billion, a price-to-earnings ratio of 16.99, a PEG ratio of 1.93 and a beta of 0.89. The company has a debt-to-equity ratio of 4.43, a quick ratio of 1.16 and a current ratio of 1.16.

Wyndham Hotels & Resorts (NYSE:WH) last issued its quarterly earnings data on Wednesday, October 22nd. The company reported $1.46 earnings per share for the quarter, beating the consensus estimate of $1.42 by $0.04. The firm had revenue of $382.00 million for the quarter, compared to analyst estimates of $406.29 million. Wyndham Hotels & Resorts had a net margin of 23.54% and a return on equity of 61.12%. The company’s revenue for the quarter was down 3.5% on a year-over-year basis. During the same quarter last year, the firm earned $1.39 earnings per share. Wyndham Hotels & Resorts has set its FY 2025 guidance at 4.480-4.62 EPS. On average, research analysts predict that Wyndham Hotels & Resorts will post 4.79 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 30th. Shareholders of record on Monday, December 15th will be given a $0.41 dividend. The ex-dividend date of this dividend is Monday, December 15th. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.2%. Wyndham Hotels & Resorts’s payout ratio is currently 37.70%.

Analyst Upgrades and Downgrades

WH has been the subject of a number of analyst reports. Wells Fargo & Company began coverage on shares of Wyndham Hotels & Resorts in a research note on Tuesday, November 18th. They set an “equal weight” rating and a $82.00 price objective for the company. Morgan Stanley set a $91.00 price target on shares of Wyndham Hotels & Resorts and gave the company an “overweight” rating in a research report on Wednesday, October 22nd. Robert W. Baird decreased their price objective on shares of Wyndham Hotels & Resorts from $93.00 to $89.00 and set an “outperform” rating for the company in a research note on Tuesday, October 28th. Zacks Research downgraded shares of Wyndham Hotels & Resorts from a “hold” rating to a “strong sell” rating in a research note on Thursday, November 6th. Finally, Stifel Nicolaus reduced their target price on Wyndham Hotels & Resorts from $103.50 to $95.50 and set a “buy” rating for the company in a report on Thursday, October 23rd. Nine investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Wyndham Hotels & Resorts has a consensus rating of “Moderate Buy” and a consensus price target of $96.77.

About Wyndham Hotels & Resorts

Wyndham Hotels & Resorts, Inc engages in the franchise and operation of hotels under the Wyndham brand. It operates through the Hotel Franchising and Hotel Management segments. The Hotel Franchising segment focuses on licensing the company’s lodging brands and providing related services to third-party hotel owners and others.