Northwestern Mutual Wealth Management Co. raised its stake in Wyndham Hotels & Resorts (NYSE:WH – Free Report) by 194.0% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 13,668 shares of the company’s stock after buying an additional 9,019 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Wyndham Hotels & Resorts were worth $1,151,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also modified their holdings of the company. EverSource Wealth Advisors LLC grew 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 during the period. Los Angeles Capital Management LLC purchased a new stake in shares of Wyndham Hotels & Resorts in the 4th quarter valued at approximately $27,000. Geneos Wealth Management Inc. increased its holdings in shares of Wyndham Hotels & Resorts by 49.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 376 shares of the company’s stock worth $34,000 after buying an additional 124 shares during the last quarter. J.Safra Asset Management Corp purchased a new stake in shares of Wyndham Hotels & Resorts during the 2nd quarter valued at approximately $43,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in Wyndham Hotels & Resorts in the second quarter valued at approximately $52,000. 93.46% of the stock is owned by institutional investors and hedge funds.
Insider Transactions at Wyndham Hotels & Resorts
In related news, CEO Geoffrey Ballotti sold 19,414 shares of the firm’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 transaction of $1,411,591.94. Following 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 position. The transaction 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. 2.33% of the stock is owned by corporate insiders.
Analyst Upgrades and Downgrades
Check Out Our Latest Analysis on Wyndham Hotels & Resorts
Wyndham Hotels & Resorts Stock Performance
NYSE:WH opened at $71.83 on Friday. The firm has a market capitalization of $5.33 billion, a PE ratio of 26.41, a price-to-earnings-growth ratio of 1.86 and a beta of 0.62. 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 business’s fifty day moving average price is $76.24 and its 200 day moving average price is $79.73. Wyndham Hotels & Resorts has a 12 month low of $69.21 and a 12 month high of $90.35.
Wyndham Hotels & Resorts (NYSE:WH – Get Free Report) last released its quarterly earnings data on Wednesday, July 22nd. The company reported $1.48 EPS for the quarter, beating analysts’ consensus estimates of $1.41 by $0.07. The business had revenue of $375.00 million for the quarter, compared to the consensus estimate of $400.75 million. Wyndham Hotels & Resorts had a return on equity of 74.22% and a net margin of 14.67%.The business’s revenue for the quarter was down 5.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.33 EPS. Wyndham Hotels & Resorts has set its FY 2026 guidance at 4.710-4.830 EPS. On average, sell-side analysts anticipate that Wyndham Hotels & Resorts will post 4.81 earnings per share 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. Stockholders of record on Tuesday, September 15th will be issued a $0.43 dividend. This represents a $1.72 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend is Tuesday, September 15th. Wyndham Hotels & Resorts’s payout ratio is presently 63.24%.
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.
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