67,343 Shares in Wyndham Hotels & Resorts $WH Acquired by Exchange Traded Concepts LLC

Exchange Traded Concepts LLC acquired a new stake in Wyndham Hotels & Resorts (NYSE:WHFree Report) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 67,343 shares of the company’s stock, valued at approximately $5,088,000. Exchange Traded Concepts LLC owned 0.09% of Wyndham Hotels & Resorts at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Royal Bank of Canada grew its holdings in Wyndham Hotels & Resorts by 31.8% during the 1st quarter. Royal Bank of Canada now owns 60,411 shares of the company’s stock worth $5,467,000 after acquiring an additional 14,593 shares during the period. Integrated Wealth Concepts LLC raised its position in shares of Wyndham Hotels & Resorts by 34.3% during the 1st quarter. Integrated Wealth Concepts LLC now owns 4,622 shares of the company’s stock valued at $418,000 after acquiring an additional 1,181 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Wyndham Hotels & Resorts by 7.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 248,495 shares of the company’s stock valued at $22,491,000 after purchasing an additional 18,191 shares during the period. Geneos Wealth Management Inc. lifted its stake in shares of Wyndham Hotels & Resorts by 49.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 376 shares of the company’s stock valued at $34,000 after purchasing an additional 124 shares during the period. Finally, Intech Investment Management LLC bought a new position in shares of Wyndham Hotels & Resorts in the 2nd quarter worth $366,000. 93.46% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Wyndham Hotels & Resorts news, CEO Geoffrey A. Ballotti sold 55,124 shares of Wyndham Hotels & Resorts stock in a transaction dated Thursday, January 15th. The stock was sold at an average price of $79.27, for a total value of $4,369,679.48. Following the sale, the chief executive officer owned 490,028 shares of the company’s stock, valued at $38,844,519.56. This trade represents a 10.11% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, General Counsel Paul F. Cash sold 19,800 shares of the business’s stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $76.09, for a total value of $1,506,582.00. Following the completion of the sale, the general counsel owned 27,912 shares in the company, valued at approximately $2,123,824.08. This trade represents a 41.50% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 81,424 shares of company stock valued at $6,398,601. Company insiders own 2.46% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on WH shares. Mizuho lifted their price objective on Wyndham Hotels & Resorts from $97.00 to $108.00 and gave the stock an “outperform” rating in a research note on Friday, February 20th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $100.00 target price on shares of Wyndham Hotels & Resorts in a research note on Friday, February 20th. Zacks Research upgraded Wyndham Hotels & Resorts from a “strong sell” rating to a “hold” rating in a research report on Monday, January 5th. JPMorgan Chase & Co. lowered their price target on Wyndham Hotels & Resorts from $95.00 to $91.00 and set an “overweight” rating for the company in a research note on Tuesday, February 3rd. Finally, Morgan Stanley lowered their price target on Wyndham Hotels & Resorts from $89.00 to $85.00 and set an “overweight” rating for the company in a research note on Tuesday, March 10th. Nine equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $94.17.

Read Our Latest Stock Analysis on Wyndham Hotels & Resorts

Wyndham Hotels & Resorts Stock Performance

Shares of WH stock opened at $80.20 on Tuesday. The company has a debt-to-equity ratio of 5.37, a quick ratio of 0.86 and a current ratio of 0.86. Wyndham Hotels & Resorts has a 52 week low of $69.21 and a 52 week high of $92.68. The company’s 50 day moving average price is $78.12 and its two-hundred day moving average price is $77.34. The company has a market capitalization of $6.02 billion, a P/E ratio of 32.47, a price-to-earnings-growth ratio of 2.05 and a beta of 0.72.

Wyndham Hotels & Resorts (NYSE:WHGet Free Report) last released its quarterly earnings results 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. Wyndham Hotels & Resorts had a net margin of 13.51% and a return on equity of 64.18%. The company had revenue of $334.00 million during the quarter, compared to analysts’ expectations of $337.63 million. During the same quarter in the prior year, the company earned $1.04 earnings per share. The business’s quarterly revenue was down 2.1% compared to the same quarter last year. Wyndham Hotels & Resorts has set its FY 2026 guidance at 4.620-4.800 EPS. On average, analysts expect that Wyndham Hotels & Resorts will post 4.79 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 30th. Investors of record on Friday, March 20th were paid a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend was Friday, March 20th. This is a boost from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.41. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is currently 69.64%.

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

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

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