Heartland Advisors Inc. Buys Shares of 54,068 Wyndham Hotels & Resorts $WH

Heartland Advisors Inc. bought a new position in Wyndham Hotels & Resorts (NYSE:WHFree Report) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 54,068 shares of the company’s stock, valued at approximately $4,553,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Royal Bank of Canada lifted its stake in 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 increased its position in Wyndham Hotels & Resorts by 34.3% during the 1st 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 increased its position in Wyndham Hotels & Resorts by 7.9% during the 1st 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. raised its holdings in shares of Wyndham Hotels & Resorts by 49.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 376 shares of the company’s stock valued at $34,000 after purchasing an additional 124 shares in the last quarter. Finally, EverSource Wealth Advisors LLC raised its holdings in shares of Wyndham Hotels & Resorts by 73.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 314 shares of the company’s stock valued at $25,000 after purchasing an additional 133 shares in the last quarter. Institutional investors own 93.46% of the company’s stock.

Insider Transactions at Wyndham Hotels & Resorts

In related news, CEO Geoffrey A. Ballotti sold 19,414 shares of the company’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $72.71, for a total transaction of $1,411,591.94. Following the transaction, the chief executive officer directly owned 549,323 shares of the company’s stock, valued at $39,941,275.33. This represents a 3.41% decrease in their position. The sale was disclosed in a 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 corporate insiders.

Wyndham Hotels & Resorts Trading Down 1.0%

NYSE:WH opened at $74.58 on Friday. The stock has a market capitalization of $5.53 billion, a price-to-earnings ratio of 27.42, a PEG ratio of 1.93 and a beta of 0.63. Wyndham Hotels & Resorts has a 52 week low of $69.21 and a 52 week high of $90.35. 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 50 day moving average of $78.34 and a 200 day moving average of $79.92.

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 (EPS) 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 analyst estimates of $400.75 million. Wyndham Hotels & Resorts had a net margin of 14.67% and a return on equity of 74.22%. The business’s revenue for the quarter was down 5.5% on a year-over-year basis. During the same period in the previous year, the company earned $1.33 earnings per share. Wyndham Hotels & Resorts has set its FY 2026 guidance at 4.710-4.830 EPS. As a group, sell-side analysts anticipate that Wyndham Hotels & Resorts will post 4.81 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Dividend Announcement

The firm also recently announced 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 yield of 2.3%. The ex-dividend date is Tuesday, September 15th. Wyndham Hotels & Resorts’s payout ratio is 63.24%.

Analysts Set New Price Targets

WH has been the topic of a number of recent research reports. Susquehanna dropped their price objective 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. Morgan Stanley reduced their price objective on shares of Wyndham Hotels & Resorts from $93.00 to $91.00 and set an “overweight” rating for the company in a research note on Tuesday, August 18th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $105.00 target price on shares of Wyndham Hotels & Resorts in a report on Friday, May 1st. Barclays dropped their target price on Wyndham Hotels & Resorts from $104.00 to $102.00 and set an “overweight” rating on the stock in a research report on Monday, July 20th. Finally, JPMorgan Chase & Co. cut their price target 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 issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $95.91.

View Our Latest Research Report on Wyndham Hotels & Resorts

Wyndham Hotels & Resorts 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.

Featured Articles

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.