T. Rowe Price Investment Management Inc. Has $392.02 Million Stock Position in Wyndham Hotels & Resorts $WH

T. Rowe Price Investment Management Inc. boosted its stake in shares of Wyndham Hotels & Resorts (NYSE:WH) by 12.7% during the fourth quarter, Holdings Channel reports. The fund owned 5,188,239 shares of the company’s stock after acquiring an additional 583,967 shares during the period. T. Rowe Price Investment Management Inc. owned approximately 0.07% of Wyndham Hotels & Resorts worth $392,024,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Royal Bank of Canada raised its stake in shares of 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 last quarter. Integrated Wealth Concepts LLC grew its stake in shares of Wyndham Hotels & Resorts by 34.3% during the first 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 last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Wyndham Hotels & Resorts by 7.9% in the first 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 in the last quarter. Geneos Wealth Management Inc. increased its holdings in shares of Wyndham Hotels & Resorts by 49.2% in the first 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 increased its holdings in shares of Wyndham Hotels & Resorts by 73.5% in the second 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 and hedge funds own 93.46% of the company’s stock.

Wyndham Hotels & Resorts Trading Up 0.8%

WH opened at $84.27 on Friday. The firm’s fifty day moving average is $82.64 and its two-hundred day moving average is $79.56. The firm has a market cap of $6.31 billion, a PE ratio of 33.84, a price-to-earnings-growth ratio of 2.25 and a beta of 0.62. Wyndham Hotels & Resorts has a twelve month low of $69.21 and a twelve month high of $92.68. The company has a debt-to-equity ratio of 5.88, a quick ratio of 0.98 and a current ratio of 0.98.

Wyndham Hotels & Resorts (NYSE:WH) last announced its quarterly earnings results on Wednesday, April 29th. The company reported $0.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.85 by $0.11. Wyndham Hotels & Resorts had a net margin of 13.40% and a return on equity of 69.44%. The company had revenue of $327.00 million during the quarter, compared to analyst estimates of $321.97 million. During the same quarter in the previous year, the business earned $0.86 EPS. The firm’s revenue was up 3.5% on a year-over-year basis. Wyndham Hotels & Resorts has set its FY 2026 guidance at 4.620-4.800 EPS. Equities research analysts anticipate that Wyndham Hotels & Resorts will post 4.83 EPS for the current year.

Wyndham Hotels & Resorts Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be paid a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend is Monday, June 15th. Wyndham Hotels & Resorts’s payout ratio is presently 69.08%.

Insider Activity

In other Wyndham Hotels & Resorts news, CEO Geoffrey A. Ballotti sold 18,516 shares of the stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $80.79, for a total value of $1,495,907.64. Following the completion of the sale, the chief executive officer directly owned 548,308 shares in the company, valued at $44,297,803.32. This represents a 3.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.33% of the stock is owned by company insiders.

Analysts Set New Price Targets

WH has been the topic of several research reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Wyndham Hotels & Resorts in a report on Friday, April 10th. Stifel Nicolaus set a $98.00 target price on Wyndham Hotels & Resorts in a research report on Thursday, April 30th. Morgan Stanley raised their price target on Wyndham Hotels & Resorts from $87.00 to $89.00 and gave the company an “overweight” rating in a report on Tuesday, May 12th. Barclays lifted their price objective on Wyndham Hotels & Resorts from $98.00 to $104.00 and gave the stock an “overweight” rating in a research report on Thursday, April 16th. Finally, Mizuho boosted their price objective on Wyndham Hotels & Resorts from $97.00 to $108.00 and gave the stock an “outperform” rating in a report on Friday, February 20th. Eight equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $96.27.

About Wyndham Hotels & Resorts

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.