Freestone Grove Partners LP Invests $36.38 Million in Wyndham Hotels & Resorts $WH

Freestone Grove Partners LP acquired a new position in shares of Wyndham Hotels & Resorts (NYSE:WH) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 431,966 shares of the company’s stock, valued at approximately $36,376,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Capital Research Global Investors lifted its stake in Wyndham Hotels & Resorts by 4.8% in the 4th quarter. Capital Research Global Investors now owns 8,205,818 shares of the company’s stock valued at $620,032,000 after acquiring an additional 375,892 shares in the last quarter. BlackRock Inc. bought a new position in shares of Wyndham Hotels & Resorts during the 2nd quarter worth approximately $623,573,000. T. Rowe Price Investment Management Inc. grew its stake in shares of Wyndham Hotels & Resorts by 12.7% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 5,188,239 shares of the company’s stock worth $392,024,000 after acquiring an additional 583,967 shares in the last quarter. Norges Bank acquired a new stake in shares of Wyndham Hotels & Resorts in the fourth quarter valued at approximately $219,462,000. Finally, Morgan Stanley raised its holdings in shares of 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 last quarter. Institutional investors and hedge funds own 93.46% of the company’s stock.

Wyndham Hotels & Resorts Stock Performance

Shares of WH stock opened at $76.78 on Thursday. The stock has a market cap of $5.70 billion, a P/E ratio of 28.23, a P/E/G ratio of 1.96 and a beta of 0.63. The company has a debt-to-equity ratio of 5.53, a current ratio of 0.99 and a quick ratio of 0.99. The company has a fifty day moving average price of $77.89 and a two-hundred day moving average price of $80.01. Wyndham Hotels & Resorts has a one year low of $69.21 and a one year high of $90.35.

Wyndham Hotels & Resorts (NYSE:WH) last released its quarterly earnings data 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 company 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%. Wyndham Hotels & Resorts’s revenue for the quarter was down 5.5% compared to the same quarter last year. During the same period in the previous year, the business earned $1.33 EPS. Wyndham Hotels & Resorts has set its FY 2026 guidance at 4.710-4.830 EPS. As a group, equities analysts predict that Wyndham Hotels & Resorts will post 4.81 EPS for the current year.

Wyndham Hotels & Resorts Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be issued a dividend of $0.43 per share. The ex-dividend date is Tuesday, September 15th. This represents a $1.72 dividend on an annualized basis and a yield of 2.2%. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is presently 63.24%.

Analyst Ratings Changes

Several research analysts recently commented on WH shares. JPMorgan Chase & Co. reduced their target price on shares of Wyndham Hotels & Resorts from $100.00 to $97.00 and set an “overweight” rating for the company in a report on Tuesday, July 21st. The Goldman Sachs Group reiterated a “neutral” rating and issued a $80.00 price target on shares of Wyndham Hotels & Resorts in a research note on Thursday, July 23rd. Stifel Nicolaus set a $98.00 price target on shares of Wyndham Hotels & Resorts in a research report on Thursday, April 30th. Weiss Ratings restated a “hold (c)” rating on shares of Wyndham Hotels & Resorts in a research note on Wednesday, July 8th. Finally, Barclays decreased their price objective on Wyndham Hotels & Resorts from $104.00 to $102.00 and set an “overweight” rating for the company in a report on Monday, July 20th. Eight research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $95.91.

Insiders Place Their Bets

In other Wyndham Hotels & Resorts news, CEO Geoffrey A. Ballotti sold 19,414 shares of the company’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $72.71, for a total value of $1,411,591.94. Following the sale, the chief executive officer owned 549,323 shares in the company, valued at $39,941,275.33. This represents a 3.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, 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 currently owned by company insiders.

Wyndham Hotels & Resorts Profile

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.