Wyndham Hotels & Resorts (NYSE:WH – Get Free Report) shares hit a new 52-week low on Tuesday . The company traded as low as $68.19 and last traded at $68.3890, with a volume of 179705 shares. The stock had previously closed at $69.20.
Analyst Upgrades and Downgrades
A number of equities analysts have weighed in on the stock. JPMorgan Chase & Co. decreased 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. Weiss Ratings reissued a “hold (c)” rating on shares of Wyndham Hotels & Resorts in a research report on Wednesday, July 8th. Susquehanna cut their price target on 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. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $80.00 price objective on shares of Wyndham Hotels & Resorts in a research report on Thursday, July 23rd. Finally, Barclays lowered their price objective on Wyndham Hotels & Resorts from $104.00 to $102.00 and set an “overweight” rating for the company in a research note on Monday, July 20th. Eight analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, Wyndham Hotels & Resorts currently has a consensus rating of “Moderate Buy” and an average target price of $95.64.
Read Our Latest Report on Wyndham Hotels & Resorts
Wyndham Hotels & Resorts Stock Performance
Wyndham Hotels & Resorts (NYSE:WH – Get Free Report) last issued its 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 firm had revenue of $375.00 million for the quarter, compared to the consensus estimate 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 was down 5.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.33 earnings per share. Wyndham Hotels & Resorts has set its FY 2026 guidance at 4.710-4.830 EPS. Sell-side analysts anticipate that Wyndham Hotels & Resorts will post 4.81 EPS for the current fiscal year.
Wyndham Hotels & Resorts Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be given 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 2.5%. Wyndham Hotels & Resorts’s dividend payout ratio is 63.24%.
Insider Buying and Selling
In other Wyndham Hotels & Resorts news, CEO Geoffrey Ballotti sold 19,414 shares of the stock in a transaction on 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 sale, the chief executive officer directly owned 549,323 shares in the company, valued at approximately $39,941,275.33. This trade represents a 3.41% decrease in their position. 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.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently modified their holdings of WH. Fifth Third Wealth Advisors LLC raised its stake in Wyndham Hotels & Resorts by 4.4% in the 1st quarter. Fifth Third Wealth Advisors LLC now owns 3,043 shares of the company’s stock worth $247,000 after acquiring an additional 129 shares during the last quarter. Covestor Ltd grew its stake in Wyndham Hotels & Resorts by 30.6% during the 4th quarter. Covestor Ltd now owns 969 shares of the company’s stock valued at $73,000 after purchasing an additional 227 shares during the last quarter. GAMMA Investing LLC increased its holdings in shares of Wyndham Hotels & Resorts by 14.2% in the second quarter. GAMMA Investing LLC now owns 1,858 shares of the company’s stock valued at $156,000 after purchasing an additional 231 shares during the period. IFP Advisors Inc increased its holdings in shares of Wyndham Hotels & Resorts by 13.0% in the fourth quarter. IFP Advisors Inc now owns 2,033 shares of the company’s stock valued at $154,000 after purchasing an additional 234 shares during the period. Finally, State of Michigan Retirement System increased its holdings in shares of Wyndham Hotels & Resorts by 1.7% in the first quarter. State of Michigan Retirement System now owns 18,153 shares of the company’s stock valued at $1,475,000 after purchasing an additional 300 shares during the period. 93.46% of the stock is owned by institutional investors.
About Wyndham Hotels & Resorts
Wyndham Hotels & Resorts, Inc is a global hotel franchising company that provides branding, marketing, reservation, loyalty and other support services to independently owned and operated hotels. Its portfolio is focused primarily on the economy and midscale segments of the lodging industry.
The company’s brand portfolio includes well-known names such as Wyndham, Ramada, Days Inn, Super 8, La Quinta, Travelodge, Baymont, Microtel, Wingate, AmericInn, Econo Lodge, Howard Johnson, Dolce and Registry Collection Hotels.
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