232,202 Shares in Wyndham Hotels & Resorts $WH Bought by North Star Asset Management Inc.

North Star Asset Management Inc. bought a new stake in Wyndham Hotels & Resorts (NYSE:WH) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 232,202 shares of the company’s stock, valued at approximately $19,554,000. North Star Asset Management Inc. owned approximately 0.31% of Wyndham Hotels & Resorts as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in WH. EverSource Wealth Advisors LLC raised its holdings in shares of Wyndham Hotels & Resorts by 73.5% during the second quarter. EverSource Wealth Advisors LLC now owns 314 shares of the company’s stock worth $25,000 after purchasing an additional 133 shares during the period. Los Angeles Capital Management LLC acquired a new position in shares of Wyndham Hotels & Resorts during the fourth quarter valued at $27,000. Geneos Wealth Management Inc. grew its position in shares of Wyndham Hotels & Resorts by 49.2% during the first quarter. Geneos Wealth Management Inc. now owns 376 shares of the company’s stock worth $34,000 after acquiring an additional 124 shares during the last quarter. J.Safra Asset Management Corp bought a new position in shares of Wyndham Hotels & Resorts during the second quarter worth about $43,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of Wyndham Hotels & Resorts in the 2nd quarter worth about $52,000. 93.46% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts recently commented on WH shares. Susquehanna lowered their target price 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. Stifel Nicolaus set a $98.00 target price on shares of Wyndham Hotels & Resorts in a report on Thursday, April 30th. Wells Fargo & Company upped their price target on Wyndham Hotels & Resorts from $96.00 to $98.00 and gave the company an “equal weight” rating in a report on Thursday, July 16th. Weiss Ratings reissued a “hold (c)” rating on shares of Wyndham Hotels & Resorts in a research note on Wednesday, July 8th. Finally, Morgan Stanley reduced their price objective on Wyndham Hotels & Resorts from $93.00 to $91.00 and set an “overweight” rating for the company in a research note on Tuesday, August 18th. Eight equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, Wyndham Hotels & Resorts currently has an average rating of “Moderate Buy” and an average price target of $95.91.

Wyndham Hotels & Resorts Trading Down 0.1%

Wyndham Hotels & Resorts stock opened at $76.79 on Friday. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 5.53. Wyndham Hotels & Resorts has a 12 month low of $69.21 and a 12 month high of $90.35. The company’s fifty day simple moving average is $77.74 and its 200-day simple moving average is $80.00. The stock has a market cap 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.

Wyndham Hotels & Resorts (NYSE:WH) last posted its quarterly earnings results on Wednesday, July 22nd. The company reported $1.48 earnings per share for the quarter, topping analysts’ consensus estimates of $1.41 by $0.07. Wyndham Hotels & Resorts had a return on equity of 74.22% and a net margin of 14.67%.The company had revenue of $375.00 million during the quarter, compared to the consensus estimate of $400.75 million. During the same period last year, the business earned $1.33 EPS. The business’s quarterly revenue was down 5.5% on a year-over-year basis. Wyndham Hotels & Resorts has set its FY 2026 guidance at 4.710-4.830 EPS. As a group, sell-side analysts forecast 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 paid a $0.43 dividend. This represents a $1.72 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend is Tuesday, September 15th. Wyndham Hotels & Resorts’s payout ratio is presently 63.24%.

Insider Buying and Selling at Wyndham Hotels & Resorts

In other Wyndham Hotels & Resorts news, CEO Geoffrey A. Ballotti sold 19,414 shares of the business’s stock in a transaction dated 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 completion of the sale, the chief executive officer owned 549,323 shares of the company’s stock, valued at $39,941,275.33. The trade was a 3.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 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 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.