Fifth Third Bancorp increased its holdings in Wyndham Hotels & Resorts (NYSE:WH – Free Report) by 1,718.1% in the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 26,580 shares of the company’s stock after acquiring an additional 25,118 shares during the period. Fifth Third Bancorp’s holdings in Wyndham Hotels & Resorts were worth $2,159,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Oregon Public Employees Retirement Fund lifted its stake in shares of Wyndham Hotels & Resorts by 2.7% in the 1st quarter. Oregon Public Employees Retirement Fund now owns 15,472 shares of the company’s stock valued at $1,257,000 after purchasing an additional 400 shares during the last quarter. Praxis Investment Management Inc. acquired a new stake in shares of Wyndham Hotels & Resorts during the 1st quarter worth about $281,000. HB Wealth Management LLC raised its holdings in Wyndham Hotels & Resorts by 16.3% in the 1st quarter. HB Wealth Management LLC now owns 6,622 shares of the company’s stock valued at $538,000 after buying an additional 929 shares during the period. Deprince Race & Zollo Inc. lifted its position in Wyndham Hotels & Resorts by 229.3% in the first quarter. Deprince Race & Zollo Inc. now owns 957,559 shares of the company’s stock valued at $77,783,000 after buying an additional 666,746 shares during the last quarter. Finally, Patriot Financial Group Insurance Agency LLC boosted its stake in Wyndham Hotels & Resorts by 177.2% during the first quarter. Patriot Financial Group Insurance Agency LLC now owns 18,926 shares of the company’s stock worth $1,537,000 after buying an additional 12,098 shares during the period. Institutional investors and hedge funds own 93.46% of the company’s stock.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently issued reports on WH shares. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $105.00 price target on shares of Wyndham Hotels & Resorts in a research note on Friday, May 1st. Truist Financial increased their price objective on shares of Wyndham Hotels & Resorts from $99.00 to $107.00 and gave the stock a “buy” rating in a research report on Thursday, March 26th. Stifel Nicolaus set a $98.00 target price on shares of Wyndham Hotels & Resorts in a report on Thursday, April 30th. Weiss Ratings reissued a “hold (c)” rating on shares of Wyndham Hotels & Resorts in a research report on Wednesday, July 8th. Finally, Barclays lowered their price target on Wyndham Hotels & Resorts from $104.00 to $102.00 and set an “overweight” rating for the company in a research report on Monday. Eight investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $97.64.
Wyndham Hotels & Resorts Price Performance
Shares of NYSE WH opened at $75.74 on Wednesday. The company has a debt-to-equity ratio of 5.88, a current ratio of 0.98 and a quick ratio of 0.98. The company has a market cap of $5.67 billion, a price-to-earnings ratio of 30.42, a price-to-earnings-growth ratio of 2.06 and a beta of 0.62. The stock’s 50-day moving average is $80.86 and its two-hundred day moving average is $80.46. Wyndham Hotels & Resorts has a 1-year low of $69.21 and a 1-year high of $92.68.
Wyndham Hotels & Resorts (NYSE:WH – Get Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The company reported $0.96 EPS for the quarter, topping analysts’ consensus estimates of $0.85 by $0.11. Wyndham Hotels & Resorts had a return on equity of 69.44% and a net margin of 13.40%.The business had revenue of $327.00 million during the quarter, compared to the consensus estimate of $321.97 million. During the same period in the previous year, the company posted $0.86 earnings per share. The business’s revenue for the quarter was up 3.5% on a year-over-year basis. Wyndham Hotels & Resorts has set its FY 2026 guidance at 4.620-4.800 EPS. Analysts forecast that Wyndham Hotels & Resorts will post 4.84 EPS for the current fiscal year.
Wyndham Hotels & Resorts Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were issued a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a yield of 2.3%. The ex-dividend date was Monday, June 15th. Wyndham Hotels & Resorts’s payout ratio is 69.08%.
Insider Buying and Selling
In other Wyndham Hotels & Resorts news, CEO Geoffrey A. Ballotti sold 18,516 shares of the stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $80.79, for a total value of $1,495,907.64. Following the sale, the chief executive officer directly owned 548,308 shares of the company’s stock, valued at approximately $44,297,803.32. This represents a 3.27% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.33% of the stock is owned by company insiders.
About Wyndham Hotels & Resorts
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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