Connor Clark & Lunn Investment Management Ltd. Acquires Shares of 67,433 Wyndham Hotels & Resorts $WH

Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of Wyndham Hotels & Resorts (NYSE:WH) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor bought 67,433 shares of the company’s stock, valued at approximately $5,679,000.

A number of other large investors have also modified their holdings of WH. Commerce Bank acquired a new stake in shares of Wyndham Hotels & Resorts in the second quarter valued at about $3,115,000. Northwestern Mutual Wealth Management Co. purchased a new position in shares of Wyndham Hotels & Resorts in the second quarter worth about $1,151,000. Quantbot Technologies LP acquired a new position in Wyndham Hotels & Resorts during the second quarter worth about $1,047,000. Evolve Private Wealth LLC acquired a new position in Wyndham Hotels & Resorts during the second quarter worth about $234,000. Finally, Findlay Park Partners LLP purchased a new stake in Wyndham Hotels & Resorts during the 2nd quarter valued at about $100,648,000. Hedge funds and other institutional investors own 93.46% of the company’s stock.

Wyndham Hotels & Resorts Stock Down 0.1%

Shares of NYSE WH opened at $76.79 on Friday. The company has a 50 day simple moving average of $77.74 and a 200-day simple moving average of $80.00. The company has a market capitalization of $5.70 billion, a P/E ratio of 28.23, a P/E/G ratio of 1.99 and a beta of 0.63. The company has a debt-to-equity ratio of 5.53, a current ratio of 0.99 and a quick ratio of 0.99. Wyndham Hotels & Resorts has a 1 year low of $69.21 and a 1 year high of $90.35.

Wyndham Hotels & Resorts (NYSE:WH) last released its quarterly earnings results on Wednesday, July 22nd. The company reported $1.48 EPS for the quarter, beating the consensus estimate of $1.41 by $0.07. Wyndham Hotels & Resorts had a net margin of 14.67% and a return on equity of 74.22%. The firm had revenue of $375.00 million for the quarter, compared to analyst estimates of $400.75 million. During the same quarter in the previous year, the company earned $1.33 EPS. The business’s revenue for the quarter was down 5.5% compared to the same quarter last year. Wyndham Hotels & Resorts has set its FY 2026 guidance at 4.710-4.830 EPS. On average, equities research analysts predict that Wyndham Hotels & Resorts will post 4.81 earnings per share for the current year.

Wyndham Hotels & Resorts Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be given a $0.43 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $1.72 dividend on an annualized basis and a yield of 2.2%. Wyndham Hotels & Resorts’s payout ratio is currently 63.24%.

Analysts Set New Price Targets

A number of analysts have commented on WH shares. The Goldman Sachs Group reiterated a “neutral” rating and issued a $80.00 price objective on shares of Wyndham Hotels & Resorts in a report on Thursday, July 23rd. JPMorgan Chase & Co. lowered their target price on Wyndham Hotels & Resorts from $100.00 to $97.00 and set an “overweight” rating on the stock in a report on Tuesday, July 21st. Stifel Nicolaus set a $98.00 price target on Wyndham Hotels & Resorts in a research report on Thursday, April 30th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Wyndham Hotels & Resorts in a report on Wednesday, July 8th. Finally, Susquehanna reduced their price objective on Wyndham Hotels & Resorts from $90.00 to $80.00 and set a “neutral” rating on the stock in a research report on Tuesday, August 11th. Eight analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, Wyndham Hotels & Resorts currently has an average rating of “Moderate Buy” and an average target price of $95.91.

Insider Buying and Selling

In other Wyndham Hotels & Resorts news, CEO Geoffrey A. Ballotti sold 19,414 shares of Wyndham Hotels & Resorts stock in a transaction on Monday, August 17th. The stock was sold at an average price of $72.71, for a total value of $1,411,591.94. Following the sale, the chief executive officer owned 549,323 shares in the company, valued at $39,941,275.33. The trade was a 3.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed 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 corporate insiders.

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.