PineStone Asset Management Inc. trimmed its stake in shares of Wyndham Hotels & Resorts (NYSE:WH – Free Report) by 25.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 156,650 shares of the company’s stock after selling 52,100 shares during the quarter. PineStone Asset Management Inc. owned 0.21% of Wyndham Hotels & Resorts worth $11,836,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors also recently modified their holdings of WH. Geneos Wealth Management Inc. lifted its position 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 period. Claret Asset Management Corp grew its position in Wyndham Hotels & Resorts by 4.6% in the second quarter. Claret Asset Management Corp now owns 2,842 shares of the company’s stock valued at $231,000 after acquiring an additional 125 shares during the period. EverSource Wealth Advisors LLC grew its position in 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 acquiring an additional 133 shares during the period. Trust Point Inc. raised its stake in Wyndham Hotels & Resorts by 3.7% during the fourth quarter. Trust Point Inc. now owns 4,043 shares of the company’s stock worth $305,000 after acquiring an additional 144 shares in the last quarter. Finally, Arizona State Retirement System raised its stake in Wyndham Hotels & Resorts by 0.8% during the third quarter. Arizona State Retirement System now owns 22,785 shares of the company’s stock worth $1,821,000 after acquiring an additional 172 shares in the last quarter. 93.46% of the stock is currently owned by institutional investors.
Insider Buying and Selling at Wyndham Hotels & Resorts
In other Wyndham Hotels & Resorts news, insider Scott R. Strickland sold 6,500 shares of the firm’s stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of $80.36, for a total value of $522,340.00. Following the completion of the sale, the insider owned 43,639 shares in the company, valued at approximately $3,506,830.04. This trade represents a 12.96% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, General Counsel Paul F. Cash sold 19,800 shares of the business’s stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $76.09, for a total transaction of $1,506,582.00. Following the completion of the transaction, the general counsel directly owned 27,912 shares of the company’s stock, valued at approximately $2,123,824.08. This represents a 41.50% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 81,424 shares of company stock worth $6,398,601. 2.46% of the stock is currently owned by corporate insiders.
Wyndham Hotels & Resorts Trading Up 1.2%
Wyndham Hotels & Resorts (NYSE:WH – Get Free Report) last announced its earnings results on Wednesday, February 18th. The company reported $0.93 EPS for the quarter, topping the consensus estimate of $0.89 by $0.04. Wyndham Hotels & Resorts had a return on equity of 64.18% and a net margin of 13.51%.The company had revenue of $334.00 million for the quarter, compared to analysts’ expectations of $337.63 million. During the same quarter in the prior year, the business earned $1.04 earnings per share. The business’s revenue for the quarter was down 2.1% on a year-over-year basis. Wyndham Hotels & Resorts has set its FY 2026 guidance at 4.620-4.800 EPS. Analysts predict that Wyndham Hotels & Resorts will post 4.79 EPS for the current fiscal year.
Wyndham Hotels & Resorts Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, March 30th. Shareholders of record on Friday, March 20th were issued a dividend of $0.43 per share. The ex-dividend date of this dividend was Friday, March 20th. This represents a $1.72 dividend on an annualized basis and a yield of 2.1%. This is an increase from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.41. Wyndham Hotels & Resorts’s payout ratio is currently 69.64%.
Wall Street Analyst Weigh In
Several equities research analysts have recently commented on WH shares. Stifel Nicolaus reduced their target price on shares of Wyndham Hotels & Resorts from $95.50 to $93.00 and set a “buy” rating on the stock in a research note on Wednesday, January 28th. Barclays reiterated an “overweight” rating and set a $98.00 target price on shares of Wyndham Hotels & Resorts in a research report on Friday, February 20th. JPMorgan Chase & Co. cut their price target on shares of Wyndham Hotels & Resorts from $95.00 to $91.00 and set an “overweight” rating for the company in a report on Tuesday, February 3rd. Weiss Ratings restated a “hold (c+)” rating on shares of Wyndham Hotels & Resorts in a research report on Monday, December 29th. Finally, Mizuho upped their price objective on shares of Wyndham Hotels & Resorts from $97.00 to $108.00 and gave the stock an “outperform” rating in a research note on Friday, February 20th. Nine research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $94.17.
Check Out Our Latest Stock Report on Wyndham Hotels & Resorts
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.
Further Reading
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