Commerce Bank Invests $3.12 Million in Wyndham Hotels & Resorts $WH

Commerce Bank acquired a new stake in shares of Wyndham Hotels & Resorts (NYSE:WHFree Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 36,990 shares of the company’s stock, valued at approximately $3,115,000.

Other hedge funds have also made changes to their positions in the company. Capital Research Global Investors grew its holdings in Wyndham Hotels & Resorts by 4.8% during the fourth quarter. Capital Research Global Investors now owns 8,205,818 shares of the company’s stock valued at $620,032,000 after purchasing an additional 375,892 shares during the last quarter. BlackRock Inc. bought a new position in shares of Wyndham Hotels & Resorts in the second quarter valued at approximately $623,573,000. T. Rowe Price Investment Management Inc. lifted its stake in shares of Wyndham Hotels & Resorts by 12.7% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 5,188,239 shares of the company’s stock worth $392,024,000 after buying an additional 583,967 shares during the last quarter. Norges Bank acquired a new stake in shares of Wyndham Hotels & Resorts in the fourth quarter worth $219,462,000. Finally, Morgan Stanley boosted its holdings in shares of Wyndham Hotels & Resorts by 49.0% during the 4th quarter. Morgan Stanley now owns 2,872,466 shares of the company’s stock worth $217,044,000 after buying an additional 944,562 shares during the period. Institutional investors and hedge funds own 93.46% of the company’s stock.

Wyndham Hotels & Resorts Trading Down 0.4%

Shares of WH stock opened at $74.33 on Tuesday. The firm has a market capitalization of $5.52 billion, a P/E ratio of 27.33, a price-to-earnings-growth ratio of 1.93 and a beta of 0.63. Wyndham Hotels & Resorts has a 1 year low of $69.21 and a 1 year high of $90.35. The firm’s fifty day simple moving average is $78.21 and its 200 day simple moving average is $79.99. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 5.53.

Wyndham Hotels & Resorts (NYSE:WHGet Free Report) last issued its quarterly earnings results on Wednesday, July 22nd. The company reported $1.48 earnings per share for the quarter, beating analysts’ consensus estimates of $1.41 by $0.07. The firm had revenue of $375.00 million during the quarter, compared to the consensus estimate of $400.75 million. Wyndham Hotels & Resorts had a net margin of 14.67% and a return on equity of 74.22%. The business’s revenue was down 5.5% on a year-over-year basis. During the same period in the prior year, the firm earned $1.33 EPS. Wyndham Hotels & Resorts has set its FY 2026 guidance at 4.710-4.830 EPS. As a group, sell-side analysts predict that Wyndham Hotels & Resorts will post 4.81 EPS for the current year.

Wyndham Hotels & Resorts Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be given a dividend of $0.43 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 2.3%. Wyndham Hotels & Resorts’s dividend payout ratio is currently 63.24%.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on WH. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $105.00 target price on shares of Wyndham Hotels & Resorts in a research note on Friday, May 1st. Susquehanna decreased their price target on shares of Wyndham Hotels & Resorts from $90.00 to $80.00 and set a “neutral” rating for the company in a report on Tuesday, August 11th. Morgan Stanley decreased their price target on shares of Wyndham Hotels & Resorts from $93.00 to $91.00 and set an “overweight” rating for the company in a report on Tuesday, August 18th. Stifel Nicolaus set a $98.00 price target on Wyndham Hotels & Resorts in a research report on Thursday, April 30th. Finally, Barclays dropped their price objective on Wyndham Hotels & Resorts from $104.00 to $102.00 and set an “overweight” rating on the stock in a research note on Monday, July 20th. Eight research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Wyndham Hotels & Resorts presently has a consensus rating of “Moderate Buy” and an average price target of $95.91.

Check Out Our Latest Report on Wyndham Hotels & Resorts

Insider Buying and Selling at Wyndham Hotels & Resorts

In related news, CEO Geoffrey A. Ballotti sold 19,414 shares of the stock in a transaction dated Monday, August 17th. The shares were 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 in the company, valued at approximately $39,941,275.33. This trade represents a 3.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 2.33% of the company’s stock.

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)

Receive News & Ratings for Wyndham Hotels & Resorts Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wyndham Hotels & Resorts and related companies with MarketBeat.com's FREE daily email newsletter.