Castleark Management LLC Buys Shares of 75,200 Wyndham Hotels & Resorts $WH

Castleark Management LLC purchased a new position in shares of Wyndham Hotels & Resorts (NYSE:WH) in the 1st quarter, Holdings Channel reports. The firm purchased 75,200 shares of the company’s stock, valued at approximately $6,108,000.

A number of other institutional investors also recently made changes to their positions in WH. Geneos Wealth Management Inc. lifted its position in shares of Wyndham Hotels & Resorts by 49.2% in the first quarter. Geneos Wealth Management Inc. now owns 376 shares of the company’s stock valued at $34,000 after acquiring an additional 124 shares in the last quarter. Fifth Third Wealth Advisors LLC increased its position in Wyndham Hotels & Resorts by 4.4% during the 1st quarter. Fifth Third Wealth Advisors LLC now owns 3,043 shares of the company’s stock worth $247,000 after purchasing an additional 129 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in Wyndham Hotels & Resorts by 73.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 314 shares of the company’s stock worth $25,000 after purchasing an additional 133 shares in the last quarter. Trust Point Inc. raised its stake in Wyndham Hotels & Resorts by 3.7% in the 4th quarter. Trust Point Inc. now owns 4,043 shares of the company’s stock valued at $305,000 after purchasing an additional 144 shares during the last quarter. Finally, MML Investors Services LLC raised its stake in Wyndham Hotels & Resorts by 0.7% in the 2nd quarter. MML Investors Services LLC now owns 28,070 shares of the company’s stock valued at $2,280,000 after purchasing an additional 185 shares during the last quarter. 93.46% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on WH. Barclays reduced their target price on shares of Wyndham Hotels & Resorts from $104.00 to $102.00 and set an “overweight” rating on the stock in a report on Monday, July 20th. Wall Street Zen upgraded shares of Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a report on Saturday, April 25th. Susquehanna cut their price objective on shares of Wyndham Hotels & Resorts from $95.00 to $90.00 and set a “neutral” rating for the company in a research report on Monday, May 4th. Wells Fargo & Company upped their price objective on shares of Wyndham Hotels & Resorts from $96.00 to $98.00 and gave the company an “equal weight” rating in a research note on Thursday, July 16th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $105.00 target price on shares of Wyndham Hotels & Resorts in a research report on Friday, May 1st. Eight investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $97.00.

Insider Activity at Wyndham Hotels & Resorts

In related news, CEO Geoffrey A. Ballotti sold 18,516 shares of Wyndham Hotels & Resorts stock in a transaction on Monday, June 15th. The shares were sold at an average price of $80.79, for a total transaction of $1,495,907.64. Following the transaction, the chief executive officer owned 548,308 shares in the company, valued at approximately $44,297,803.32. The trade was a 3.27% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 2.33% of the company’s stock.

Wyndham Hotels & Resorts Stock Performance

NYSE WH opened at $73.49 on Monday. The company has a debt-to-equity ratio of 5.53, a current ratio of 0.99 and a quick ratio of 0.99. Wyndham Hotels & Resorts has a 1-year low of $69.21 and a 1-year high of $92.68. The firm has a market capitalization of $5.45 billion, a P/E ratio of 27.02, a P/E/G ratio of 1.96 and a beta of 0.62. The business’s 50-day simple moving average is $80.48 and its 200-day simple moving average is $80.42.

Wyndham Hotels & Resorts (NYSE:WH) last posted its earnings results on Wednesday, July 22nd. The company reported $1.48 earnings per share (EPS) for the quarter, topping 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 company’s revenue was down 5.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.33 EPS. Wyndham Hotels & Resorts has set its FY 2026 guidance at 4.710-4.830 EPS. Equities analysts predict that Wyndham Hotels & Resorts will post 4.8 EPS for the current year.

Wyndham Hotels & Resorts Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were paid a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend was Monday, June 15th. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is currently 63.24%.

About Wyndham Hotels & Resorts

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.