Legal & General Group Plc Has $8.96 Million Stake in Wyndham Hotels & Resorts $WH

Legal & General Group Plc trimmed its position in shares of Wyndham Hotels & Resorts (NYSE:WHFree Report) by 6.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 118,569 shares of the company’s stock after selling 8,589 shares during the period. Legal & General Group Plc owned 0.16% of Wyndham Hotels & Resorts worth $8,959,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in WH. Royal Bank of Canada increased its holdings in Wyndham Hotels & Resorts by 31.8% during the first quarter. Royal Bank of Canada now owns 60,411 shares of the company’s stock worth $5,467,000 after buying an additional 14,593 shares during the last quarter. Integrated Wealth Concepts LLC increased its holdings in Wyndham Hotels & Resorts by 34.3% during the first quarter. Integrated Wealth Concepts LLC now owns 4,622 shares of the company’s stock worth $418,000 after buying an additional 1,181 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Wyndham Hotels & Resorts by 7.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 248,495 shares of the company’s stock worth $22,491,000 after buying an additional 18,191 shares during the last quarter. Geneos Wealth Management Inc. increased its holdings in 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 buying an additional 124 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased its holdings in 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 buying an additional 133 shares during the last quarter. 93.46% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have commented on WH shares. Susquehanna decreased their price objective on shares of Wyndham Hotels & Resorts from $95.00 to $90.00 and set a “neutral” rating on the stock in a report on Monday, May 4th. Wall Street Zen upgraded shares of Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a report on Saturday, April 25th. Stifel Nicolaus set a $98.00 price objective on shares of Wyndham Hotels & Resorts in a report on Thursday, April 30th. Mizuho upped their price objective on shares of Wyndham Hotels & Resorts from $97.00 to $108.00 and gave the company an “outperform” rating in a report on Friday, February 20th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $105.00 price objective on shares of Wyndham Hotels & Resorts in a report on Friday, May 1st. Eight equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $96.27.

Get Our Latest Report on WH

Wyndham Hotels & Resorts Stock Down 0.4%

WH stock opened at $79.82 on Friday. The stock has a market capitalization of $5.98 billion, a P/E ratio of 32.05, a price-to-earnings-growth ratio of 2.16 and a beta of 0.62. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 5.88. Wyndham Hotels & Resorts has a 12 month low of $69.21 and a 12 month high of $92.68. The firm has a 50-day moving average price of $82.67 and a 200-day moving average price of $78.93.

Wyndham Hotels & Resorts (NYSE:WHGet Free Report) last posted its earnings results 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 net margin of 13.40% and a return on equity of 69.44%. The firm had revenue of $327.00 million during the quarter, compared to analysts’ expectations of $321.97 million. During the same quarter in the prior year, the business earned $0.86 earnings per share. The business’s revenue for the quarter was up 3.5% compared to the same quarter last year. Wyndham Hotels & Resorts has set its FY 2026 guidance at 4.620-4.800 EPS. As a group, equities research analysts anticipate that Wyndham Hotels & Resorts will post 4.83 EPS for the current fiscal year.

Wyndham Hotels & Resorts Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be issued a dividend of $0.43 per share. The ex-dividend date is Monday, June 15th. This represents a $1.72 annualized dividend and a yield of 2.2%. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is presently 69.08%.

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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