North Star Asset Management Inc. Invests $19.55 Million in Wyndham Hotels & Resorts $WH

North Star Asset Management Inc. purchased a new stake in Wyndham Hotels & Resorts (NYSE:WH) in the second quarter, HoldingsChannel reports. The fund purchased 232,202 shares of the company’s stock, valued at approximately $19,554,000.

Other hedge funds have also made changes to their positions in the company. Empowered Funds LLC acquired a new stake in shares of Wyndham Hotels & Resorts during the 2nd quarter worth approximately $1,937,000. United Capital Financial Advisors LLC bought a new stake in shares of Wyndham Hotels & Resorts in the 2nd quarter worth about $340,000. Jefferies Financial Group Inc. bought a new stake in Wyndham Hotels & Resorts during the second quarter worth about $707,000. Public Employees Retirement System of Ohio acquired a new stake in Wyndham Hotels & Resorts during the 2nd quarter valued at $1,868,000. Finally, Capstone Investment Advisors LLC acquired a new stake in shares of Wyndham Hotels & Resorts in the second quarter valued at $698,000. Institutional investors own 93.46% of the company’s stock.

Insiders Place Their Bets

In other Wyndham Hotels & Resorts 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 transaction, the chief executive officer directly owned 549,323 shares of the company’s stock, valued at $39,941,275.33. This represents a 3.41% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.33% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages recently weighed in on WH. Wells Fargo & Company raised their price target on shares of Wyndham Hotels & Resorts from $96.00 to $98.00 and gave the company an “equal weight” rating in a report on Thursday, July 16th. JPMorgan Chase & Co. lowered their price objective on shares of Wyndham Hotels & Resorts from $100.00 to $97.00 and set an “overweight” rating for the company in a research report on Tuesday, July 21st. The Goldman Sachs Group reissued a “neutral” rating and set a $80.00 target price on shares of Wyndham Hotels & Resorts in a research note on Thursday, July 23rd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $105.00 price target on shares of Wyndham Hotels & Resorts in a research note on Friday, May 1st. Finally, Susquehanna dropped their target price on Wyndham Hotels & Resorts from $90.00 to $80.00 and set a “neutral” rating on the stock in a research report on Tuesday, August 11th. Eight equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $95.91.

Wyndham Hotels & Resorts Stock Performance

Shares of WH stock opened at $76.79 on Friday. Wyndham Hotels & Resorts has a one year low of $69.21 and a one year high of $90.35. The stock has a market cap of $5.70 billion, a P/E ratio of 28.23, a P/E/G ratio of 1.99 and a beta of 0.63. The company has a fifty day moving average price of $77.74 and a two-hundred day moving average price of $80.00. 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 (NYSE:WH) 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 return on equity of 74.22% and a net margin of 14.67%.The firm had revenue of $375.00 million for the quarter, compared to the consensus estimate of $400.75 million. During the same quarter in the previous year, the business earned $1.33 earnings per share. The business’s 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. As a group, equities analysts predict that Wyndham Hotels & Resorts will post 4.81 EPS for the current year.

Wyndham Hotels & Resorts Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be issued a dividend of $0.43 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $1.72 annualized dividend and a dividend yield of 2.2%. Wyndham Hotels & Resorts’s payout ratio is presently 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.