Wyndham Hotels & Resorts $WH Position Increased by Principal Financial Group Inc.

Principal Financial Group Inc. grew its position in Wyndham Hotels & Resorts (NYSE:WHFree Report) by 4.9% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 169,829 shares of the company’s stock after purchasing an additional 7,894 shares during the period. Principal Financial Group Inc.’s holdings in Wyndham Hotels & Resorts were worth $13,795,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Fifth Third Bancorp raised its holdings in shares of Wyndham Hotels & Resorts by 1,718.1% during the first quarter. Fifth Third Bancorp now owns 26,580 shares of the company’s stock valued at $2,159,000 after acquiring an additional 25,118 shares during the period. Oregon Public Employees Retirement Fund boosted its stake in 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 worth $1,257,000 after purchasing an additional 400 shares during the period. Praxis Investment Management Inc. acquired a new position in Wyndham Hotels & Resorts in the 1st quarter worth approximately $281,000. HB Wealth Management LLC grew its position in Wyndham Hotels & Resorts by 16.3% during the 1st quarter. HB Wealth Management LLC now owns 6,622 shares of the company’s stock worth $538,000 after purchasing an additional 929 shares in the last quarter. Finally, Deprince Race & Zollo Inc. grew its position in Wyndham Hotels & Resorts by 229.3% during the 1st quarter. Deprince Race & Zollo Inc. now owns 957,559 shares of the company’s stock worth $77,783,000 after purchasing an additional 666,746 shares in the last quarter. 93.46% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on WH. Susquehanna reduced their target price on Wyndham Hotels & Resorts from $95.00 to $90.00 and set a “neutral” rating for the company in a report on Monday, May 4th. Truist Financial increased their price objective on Wyndham Hotels & Resorts from $99.00 to $107.00 and gave the stock a “buy” rating in a research note on Thursday, March 26th. Morgan Stanley raised their price objective on Wyndham Hotels & Resorts from $89.00 to $93.00 and gave the stock an “overweight” rating in a research report on Friday, July 17th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $105.00 target price on shares of Wyndham Hotels & Resorts in a research note on Friday, May 1st. Finally, Wells Fargo & Company raised their target price 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. Eight investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $97.00.

Get Our Latest Report on Wyndham Hotels & Resorts

Key Wyndham Hotels & Resorts News

Here are the key news stories impacting Wyndham Hotels & Resorts this week:

Insiders Place Their Bets

In other Wyndham Hotels & Resorts news, CEO Geoffrey A. Ballotti sold 18,516 shares of the firm’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $80.79, for a total transaction of $1,495,907.64. Following the completion of the sale, the chief executive officer owned 548,308 shares of the company’s stock, valued at $44,297,803.32. This trade represents a 3.27% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 2.33% of the company’s stock.

Wyndham Hotels & Resorts Stock Down 3.1%

Shares of NYSE WH opened at $73.33 on Friday. Wyndham Hotels & Resorts has a 12-month low of $69.21 and a 12-month high of $92.68. The firm’s 50-day simple moving average is $80.60 and its 200 day simple moving average is $80.45. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 5.88. The company has a market cap of $5.49 billion, a price-to-earnings ratio of 26.96, a price-to-earnings-growth ratio of 2.00 and a beta of 0.62.

Wyndham Hotels & Resorts (NYSE:WHGet Free Report) last announced 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 net margin of 14.67% and a return on equity of 73.50%. The company had revenue of $375.00 million for the quarter, compared to analysts’ expectations of $400.75 million. During the same period last year, the firm posted $1.33 earnings per share. The business’s quarterly revenue 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, research analysts expect that Wyndham Hotels & Resorts will post 4.82 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were paid a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date was Monday, June 15th. Wyndham Hotels & Resorts’s dividend payout ratio is 69.08%.

Wyndham Hotels & Resorts Profile

(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

Want to see what other hedge funds are holding WH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Wyndham Hotels & Resorts (NYSE:WHFree Report).

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

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