Louisiana State Employees Retirement System Acquires New Position in Wyndham Hotels & Resorts $WH

Louisiana State Employees Retirement System acquired a new position in shares of Wyndham Hotels & Resorts (NYSE:WHFree Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 21,900 shares of the company’s stock, valued at approximately $1,779,000.

A number of other institutional investors also recently bought and sold shares of the company. Norges Bank purchased a new stake in shares of Wyndham Hotels & Resorts in the 4th quarter valued at approximately $219,462,000. Bank of Montreal Can lifted its holdings in Wyndham Hotels & Resorts by 14,200.0% in the fourth quarter. Bank of Montreal Can now owns 2,562,843 shares of the company’s stock valued at $193,648,000 after acquiring an additional 2,544,921 shares during the last quarter. Champlain Investment Partners LLC lifted its holdings in Wyndham Hotels & Resorts by 352.8% in the third quarter. Champlain Investment Partners LLC now owns 2,212,717 shares of the company’s stock valued at $176,796,000 after acquiring an additional 1,724,091 shares during the last quarter. Alyeska Investment Group L.P. increased its stake in Wyndham Hotels & Resorts by 191.9% during the fourth quarter. Alyeska Investment Group L.P. now owns 2,109,034 shares of the company’s stock worth $159,359,000 after acquiring an additional 1,386,569 shares during the last quarter. Finally, Morgan Stanley raised its position in Wyndham Hotels & Resorts by 49.0% in the fourth quarter. Morgan Stanley now owns 2,872,466 shares of the company’s stock valued at $217,044,000 after purchasing an additional 944,562 shares during the period. 93.46% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts recently issued reports on WH shares. Morgan Stanley boosted their price objective on shares of Wyndham Hotels & Resorts from $87.00 to $89.00 and gave the company an “overweight” rating in a report on Tuesday, May 12th. Weiss Ratings reiterated a “hold (c)” rating on shares of Wyndham Hotels & Resorts in a research report on Friday, April 10th. Barclays boosted their price target on shares of Wyndham Hotels & Resorts from $98.00 to $104.00 and gave the company an “overweight” rating in a research note on Thursday, April 16th. Truist Financial increased their price objective on shares of Wyndham Hotels & Resorts from $99.00 to $107.00 and gave the stock a “buy” rating in a research report on Thursday, March 26th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $105.00 target price on shares of Wyndham Hotels & Resorts in a report on Friday, May 1st. Eight analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $96.27.

Read Our Latest Stock Analysis on WH

Insider Activity at Wyndham Hotels & Resorts

In other news, CEO Geoffrey A. Ballotti sold 18,516 shares of the company’s 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 sale, the chief executive officer owned 548,308 shares of the company’s stock, valued at approximately $44,297,803.32. This represents a 3.27% decrease in their ownership of the stock. The transaction 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 company insiders.

Wyndham Hotels & Resorts Stock Down 2.7%

Shares of WH opened at $84.40 on Wednesday. The company’s 50-day simple moving average is $82.40 and its 200-day simple moving average is $80.25. The company has a debt-to-equity ratio of 5.88, a quick ratio of 0.98 and a current ratio of 0.98. Wyndham Hotels & Resorts has a 1 year low of $69.21 and a 1 year high of $92.68. The stock has a market capitalization of $6.32 billion, a PE ratio of 33.90, a P/E/G ratio of 2.34 and a beta of 0.62.

Wyndham Hotels & Resorts (NYSE:WHGet Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The company reported $0.96 earnings per share for the quarter, beating analysts’ consensus estimates of $0.85 by $0.11. Wyndham Hotels & Resorts had a net margin of 13.40% and a return on equity of 69.44%. The firm had revenue of $327.00 million during the quarter, compared to analysts’ expectations of $321.97 million. During the same quarter in the previous year, the business posted $0.86 earnings per share. The business’s quarterly revenue was up 3.5% compared to the same quarter last year. Wyndham Hotels & Resorts has set its FY 2026 guidance at 4.620-4.800 EPS. Analysts forecast that Wyndham Hotels & Resorts will post 4.83 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were paid a $0.43 dividend. The ex-dividend date was Monday, June 15th. This represents a $1.72 annualized dividend and a dividend yield of 2.0%. Wyndham Hotels & Resorts’s payout ratio is 69.08%.

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

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

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