JPMorgan Chase & Co. Increases Stake in Wyndham Hotels & Resorts $WH

JPMorgan Chase & Co. raised its position in shares of Wyndham Hotels & Resorts (NYSE:WHFree Report) by 3.0% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,585,935 shares of the company’s stock after purchasing an additional 46,459 shares during the quarter. JPMorgan Chase & Co.’s holdings in Wyndham Hotels & Resorts were worth $126,716,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in WH. TimesSquare Capital Management LLC grew its holdings in shares of Wyndham Hotels & Resorts by 2.4% during the third quarter. TimesSquare Capital Management LLC now owns 885,314 shares of the company’s stock valued at $70,737,000 after buying an additional 21,021 shares during the last quarter. Aberdeen Group plc lifted its position in Wyndham Hotels & Resorts by 1.1% in the 3rd quarter. Aberdeen Group plc now owns 169,400 shares of the company’s stock valued at $13,708,000 after acquiring an additional 1,900 shares in the last quarter. Assetmark Inc. lifted its position in Wyndham Hotels & Resorts by 23.0% in the 3rd quarter. Assetmark Inc. now owns 102,712 shares of the company’s stock valued at $8,207,000 after acquiring an additional 19,204 shares in the last quarter. Stratos Wealth Partners LTD. purchased a new stake in Wyndham Hotels & Resorts during the 3rd quarter valued at $297,000. Finally, Smartleaf Asset Management LLC increased its holdings in shares of Wyndham Hotels & Resorts by 181.3% in the 3rd quarter. Smartleaf Asset Management LLC now owns 495 shares of the company’s stock worth $40,000 after purchasing an additional 319 shares in the last quarter. Institutional investors own 93.46% of the company’s stock.

Analyst Upgrades and Downgrades

WH has been the topic of a number of research analyst reports. Barclays reaffirmed an “overweight” rating and set a $98.00 price target on shares of Wyndham Hotels & Resorts in a report on Friday. JPMorgan Chase & Co. lowered their target price on shares of Wyndham Hotels & Resorts from $95.00 to $91.00 and set an “overweight” rating on the stock in a research note on Tuesday, February 3rd. Wells Fargo & Company started coverage on shares of Wyndham Hotels & Resorts in a report on Tuesday, November 18th. They set an “equal weight” rating and a $82.00 price target on the stock. Morgan Stanley decreased their price objective on shares of Wyndham Hotels & Resorts from $91.00 to $89.00 and set an “overweight” rating for the company in a report on Friday, January 16th. Finally, Susquehanna lowered their price objective on shares of Wyndham Hotels & Resorts from $95.00 to $80.00 and set a “neutral” rating on the stock in a research report on Monday, October 27th. Ten analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $95.46.

View Our Latest Analysis on WH

Wyndham Hotels & Resorts Price Performance

NYSE WH opened at $84.31 on Monday. The company has a 50-day moving average price of $77.81 and a 200-day moving average price of $78.84. Wyndham Hotels & Resorts has a 52 week low of $69.21 and a 52 week high of $113.07. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 5.37. The firm has a market capitalization of $6.34 billion, a P/E ratio of 34.13, a PEG ratio of 2.39 and a beta of 0.76.

Wyndham Hotels & Resorts (NYSE:WHGet Free Report) last posted its quarterly earnings data on Wednesday, February 18th. The company reported $0.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.89 by $0.04. Wyndham Hotels & Resorts had a net margin of 13.51% and a return on equity of 64.18%. The company had revenue of $334.00 million for the quarter, compared to the consensus estimate of $337.63 million. During the same quarter last year, the firm posted $1.04 earnings per share. The firm’s revenue was down 2.1% compared to the same quarter last year. 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 4.79 earnings per share for the current year.

Insiders Place Their Bets

In related news, insider Scott R. Strickland sold 28,134 shares of Wyndham Hotels & Resorts stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $71.11, for a total transaction of $2,000,608.74. Following the transaction, the insider directly owned 40,363 shares in the company, valued at approximately $2,870,212.93. The trade was a 41.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Geoffrey A. Ballotti sold 55,124 shares of the business’s stock in a transaction dated Thursday, January 15th. The shares were sold at an average price of $79.27, for a total value of $4,369,679.48. Following the sale, the chief executive officer directly owned 490,028 shares of the company’s stock, valued at $38,844,519.56. This represents a 10.11% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 84,227 shares of company stock valued at $6,440,298. Insiders own 2.46% of the company’s stock.

About Wyndham Hotels & Resorts

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Wyndham Hotels & Resorts (NYSE:WH)

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