The Manufacturers Life Insurance Company Invests $4.46 Million in Wyndham Hotels & Resorts $WH

The Manufacturers Life Insurance Company bought a new position in shares of Wyndham Hotels & Resorts (NYSE:WH) in the 2nd quarter, Holdings Channel reports. The fund bought 52,898 shares of the company’s stock, valued at approximately $4,455,000.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Capital Research Global Investors raised its stake in Wyndham Hotels & Resorts by 4.8% during 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 during the last quarter. BlackRock Inc. purchased a new position in shares of Wyndham Hotels & Resorts in the 2nd quarter valued at approximately $623,573,000. T. Rowe Price Investment Management Inc. grew its stake in shares of Wyndham Hotels & Resorts by 12.7% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 5,188,239 shares of the company’s stock valued at $392,024,000 after purchasing an additional 583,967 shares during the last quarter. Norges Bank acquired a new position in shares of Wyndham Hotels & Resorts in the fourth quarter valued at approximately $219,462,000. Finally, Morgan Stanley increased 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 period. Institutional investors and hedge funds own 93.46% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Geoffrey A. Ballotti sold 19,414 shares of the firm’s stock in a transaction 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 completion of the transaction, the chief executive officer owned 549,323 shares in the company, valued at $39,941,275.33. This trade represents a 3.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 2.33% of the company’s stock.

Wyndham Hotels & Resorts Price Performance

WH stock opened at $73.63 on Tuesday. The firm has a 50 day moving average of $77.41 and a 200-day moving average of $79.94. The company has a market cap of $5.46 billion, a price-to-earnings ratio of 27.07, a PEG ratio of 1.97 and a beta of 0.63. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 5.53. Wyndham Hotels & Resorts has a 12-month low of $69.21 and a 12-month high of $90.35.

Wyndham Hotels & Resorts (NYSE:WH) last released its quarterly earnings results on Wednesday, July 22nd. The company reported $1.48 earnings per share for the quarter, topping analysts’ consensus estimates of $1.41 by $0.07. Wyndham Hotels & Resorts had a return on equity of 74.22% and a net margin of 14.67%.The business had revenue of $375.00 million for the quarter, compared to analysts’ expectations of $400.75 million. During the same quarter in the prior year, the firm posted $1.33 EPS. The company’s revenue was down 5.5% compared to the same quarter last year. Wyndham Hotels & Resorts has set its FY 2026 guidance at 4.710-4.830 EPS. As a group, equities analysts expect that Wyndham Hotels & Resorts will post 4.81 EPS for the current fiscal year.

Wyndham Hotels & Resorts Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be issued a $0.43 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $1.72 annualized dividend and a yield of 2.3%. Wyndham Hotels & Resorts’s dividend payout ratio is 63.24%.

Analyst Ratings Changes

Several brokerages recently weighed in on WH. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $80.00 price target on shares of Wyndham Hotels & Resorts in a report on Thursday, July 23rd. Wells Fargo & Company upped their price objective on shares of Wyndham Hotels & Resorts from $96.00 to $98.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 16th. 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 research note on Tuesday, July 21st. Susquehanna lowered their target price on shares of Wyndham Hotels & Resorts from $90.00 to $80.00 and set a “neutral” rating on the stock in a report on Tuesday, August 11th. Finally, Barclays dropped their price target on shares of Wyndham Hotels & Resorts from $104.00 to $102.00 and set an “overweight” rating on the stock in a research note on Monday, July 20th. Eight analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, Wyndham Hotels & Resorts has a consensus rating of “Moderate Buy” and an average price target of $95.91.

Wyndham Hotels & Resorts Company 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.