Teachers Retirement System of The State of Kentucky trimmed its position in Wyndham Hotels & Resorts (NYSE:WH – Free Report) by 41.0% in the third quarter, HoldingsChannel.com reports. The firm owned 26,118 shares of the company’s stock after selling 18,183 shares during the quarter. Teachers Retirement System of The State of Kentucky’s holdings in Wyndham Hotels & Resorts were worth $2,087,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Alps Advisors Inc. grew its holdings in Wyndham Hotels & Resorts by 125.6% during the third quarter. Alps Advisors Inc. now owns 155,870 shares of the company’s stock worth $12,454,000 after acquiring an additional 86,790 shares during the period. Compass Wealth Management LLC acquired a new stake in Wyndham Hotels & Resorts during the 3rd quarter valued at $18,137,000. Savoir Faire Capital Management L.P. lifted its stake in Wyndham Hotels & Resorts by 89.9% in the 3rd quarter. Savoir Faire Capital Management L.P. now owns 69,885 shares of the company’s stock worth $5,584,000 after acquiring an additional 33,081 shares in the last quarter. JPMorgan Chase & Co. grew its position in Wyndham Hotels & Resorts by 3.0% during the third quarter. JPMorgan Chase & Co. now owns 1,585,935 shares of the company’s stock valued at $126,716,000 after purchasing an additional 46,459 shares in the last quarter. Finally, Thrivent Financial for Lutherans boosted its position in Wyndham Hotels & Resorts by 9.3% during the third quarter. Thrivent Financial for Lutherans now owns 1,657,402 shares of the company’s stock valued at $132,427,000 after purchasing an additional 140,978 shares during the last quarter. 93.46% of the stock is owned by institutional investors.
Insider Activity
In other news, CEO Geoffrey A. Ballotti sold 55,124 shares of the company’s stock in a transaction dated Thursday, January 15th. The shares were sold at an average price of $79.27, for a total transaction of $4,369,679.48. Following the completion of the transaction, the chief executive officer owned 490,028 shares of the company’s stock, valued at approximately $38,844,519.56. This represents a 10.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Scott R. Strickland sold 28,134 shares of Wyndham Hotels & Resorts stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $71.11, for a total value of $2,000,608.74. Following the sale, the insider directly owned 40,363 shares in the company, valued at approximately $2,870,212.93. This trade represents a 41.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 84,227 shares of company stock worth $6,440,298. Insiders own 2.46% of the company’s stock.
Wyndham Hotels & Resorts Stock Down 1.0%
Wyndham Hotels & Resorts (NYSE:WH – Get Free Report) last posted its quarterly earnings data on Wednesday, February 18th. The company reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.04. The company had revenue of $334.00 million during the quarter, compared to analysts’ expectations of $337.63 million. Wyndham Hotels & Resorts had a return on equity of 64.18% and a net margin of 13.51%.Wyndham Hotels & Resorts’s revenue for the quarter was down 2.1% compared to the same quarter last year. During the same period in the prior year, the business earned $1.04 earnings per share. 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 4.79 EPS for the current year.
Analysts Set New Price Targets
Several brokerages have weighed in on WH. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $87.00 target price on shares of Wyndham Hotels & Resorts in a research report on Friday, February 20th. Wall Street Zen downgraded shares of Wyndham Hotels & Resorts from a “hold” rating to a “sell” rating in a research report on Saturday, February 7th. Barclays restated an “overweight” rating and set a $98.00 price target on shares of Wyndham Hotels & Resorts in a report on Friday, February 20th. Truist Financial increased their target price on shares of Wyndham Hotels & Resorts from $98.00 to $99.00 and gave the stock a “buy” rating in a research report on Tuesday, February 3rd. Finally, JPMorgan Chase & Co. lowered their price objective on Wyndham Hotels & Resorts from $95.00 to $91.00 and set an “overweight” rating on the stock in a report on Tuesday, February 3rd. Ten 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 stock currently has a consensus rating of “Moderate Buy” and an average price target of $95.46.
View Our Latest Stock Analysis on Wyndham Hotels & Resorts
Wyndham Hotels & Resorts Company Profile
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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