First Trust Advisors LP Grows Holdings in Wyndham Hotels & Resorts $WH

First Trust Advisors LP boosted its position in shares of Wyndham Hotels & Resorts (NYSE:WH) by 99.9% during the first quarter, Holdings Channel.com reports. The fund owned 23,014 shares of the company’s stock after acquiring an additional 11,499 shares during the quarter. First Trust Advisors LP’s holdings in Wyndham Hotels & Resorts were worth $1,869,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also added to or reduced their stakes in WH. Norges Bank bought a new stake in shares of Wyndham Hotels & Resorts during the 4th quarter valued at $219,462,000. Patriot Financial Group Insurance Agency LLC boosted its holdings in Wyndham Hotels & Resorts by 177.2% in the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 18,926 shares of the company’s stock worth $1,537,000 after buying an additional 12,098 shares during the period. TD Asset Management Inc boosted its holdings in Wyndham Hotels & Resorts by 11.4% in the 4th quarter. TD Asset Management Inc now owns 274,576 shares of the company’s stock worth $20,747,000 after buying an additional 28,192 shares during the period. William Blair Investment Management LLC purchased a new stake in Wyndham Hotels & Resorts in the 4th quarter worth $21,109,000. Finally, Geode Capital Management LLC increased its stake in Wyndham Hotels & Resorts by 1.2% in the 4th quarter. Geode Capital Management LLC now owns 1,512,818 shares of the company’s stock worth $114,331,000 after buying an additional 17,981 shares in the last quarter. Hedge funds and other institutional investors own 93.46% of the company’s stock.

Insiders Place Their Bets

In related news, CEO Geoffrey A. Ballotti sold 18,516 shares of the business’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $80.79, for a total value of $1,495,907.64. Following the sale, the chief executive officer owned 548,308 shares in the company, valued at approximately $44,297,803.32. The trade was a 3.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 2.33% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently commented on WH shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $105.00 price objective on shares of Wyndham Hotels & Resorts in a research report on Friday, May 1st. Morgan Stanley increased their target price on Wyndham Hotels & Resorts from $89.00 to $93.00 and gave the stock an “overweight” rating in a research report on Friday, July 17th. Stifel Nicolaus set a $98.00 price target on Wyndham Hotels & Resorts in a report on Thursday, April 30th. JPMorgan Chase & Co. dropped their price target on 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. Finally, The Goldman Sachs Group reiterated a “neutral” rating and set a $80.00 price objective on shares of Wyndham Hotels & Resorts in a research report on Thursday, July 23rd. Eight equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $97.00.

Wyndham Hotels & Resorts Trading Down 1.9%

Shares of WH stock opened at $73.76 on Friday. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 5.53. The stock has a market capitalization of $5.47 billion, a price-to-earnings ratio of 27.12, a price-to-earnings-growth ratio of 1.91 and a beta of 0.63. Wyndham Hotels & Resorts has a 12-month low of $69.21 and a 12-month high of $91.44. The stock’s 50-day moving average price is $79.50 and its 200-day moving average price is $80.10.

Wyndham Hotels & Resorts (NYSE:WH) last announced its quarterly earnings results on Wednesday, July 22nd. The company reported $1.48 EPS for the quarter, beating 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 company had revenue of $375.00 million during the quarter, compared to analyst estimates of $400.75 million. During the same period in the prior year, the company earned $1.33 earnings per share. The firm’s revenue was down 5.5% on a year-over-year basis. Wyndham Hotels & Resorts has set its FY 2026 guidance at 4.710-4.830 EPS. Equities research analysts predict that Wyndham Hotels & Resorts will post 4.82 EPS for the current fiscal year.

Wyndham Hotels & Resorts Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were issued a $0.43 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 2.3%. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is 63.24%.

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.