Wellington Management Group LLP Sells 269,583 Shares of Wyndham Hotels & Resorts $WH

Wellington Management Group LLP lessened its stake in shares of Wyndham Hotels & Resorts (NYSE:WH) by 25.3% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 797,795 shares of the company’s stock after selling 269,583 shares during the period. Wellington Management Group LLP owned about 1.08% of Wyndham Hotels & Resorts worth $67,182,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Geneos Wealth Management Inc. raised its position in Wyndham Hotels & Resorts by 49.2% during 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 in the last quarter. Fifth Third Wealth Advisors LLC increased its stake in shares of Wyndham Hotels & Resorts by 4.4% during the first quarter. Fifth Third Wealth Advisors LLC now owns 3,043 shares of the company’s stock valued at $247,000 after buying an additional 129 shares during the period. EverSource Wealth Advisors LLC raised its holdings in shares of Wyndham Hotels & Resorts by 73.5% in the second quarter. EverSource Wealth Advisors LLC now owns 314 shares of the company’s stock valued at $25,000 after acquiring an additional 133 shares in the last quarter. MML Investors Services LLC lifted its stake in Wyndham Hotels & Resorts by 0.7% in the second quarter. MML Investors Services LLC now owns 28,070 shares of the company’s stock worth $2,280,000 after acquiring an additional 185 shares during the period. Finally, Osaic Holdings Inc. grew its holdings in Wyndham Hotels & Resorts by 6.8% during the 2nd quarter. Osaic Holdings Inc. now owns 2,960 shares of the company’s stock worth $249,000 after acquiring an additional 189 shares in the last quarter. Institutional investors own 93.46% of the company’s stock.

Insider Buying and Selling at Wyndham Hotels & Resorts

In related news, CEO Geoffrey A. Ballotti sold 19,414 shares of the company’s 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 of the company’s stock, valued at approximately $39,941,275.33. This represents a 3.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 2.33% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on WH shares. Susquehanna lowered 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 research report on Tuesday, August 11th. JPMorgan Chase & Co. decreased their target price 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. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Wyndham Hotels & Resorts in a research report on Wednesday, July 8th. Morgan Stanley lowered their price target on Wyndham Hotels & Resorts from $93.00 to $91.00 and set an “overweight” rating for the company in a research report on Tuesday, August 18th. Finally, Barclays decreased their price objective on shares of Wyndham Hotels & Resorts from $104.00 to $102.00 and set an “overweight” rating for the company in a research note on Monday, July 20th. Eight equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, Wyndham Hotels & Resorts presently has an average rating of “Moderate Buy” and a consensus target price of $95.91.

Wyndham Hotels & Resorts Price Performance

Shares of Wyndham Hotels & Resorts stock opened at $71.24 on Thursday. Wyndham Hotels & Resorts has a 12 month low of $69.21 and a 12 month high of $90.35. The stock has a market capitalization of $5.29 billion, a P/E ratio of 26.19, a PEG ratio of 1.84 and a beta of 0.62. The company has a debt-to-equity ratio of 5.53, a current ratio of 0.99 and a quick ratio of 0.99. The business has a 50 day simple moving average of $76.85 and a two-hundred day simple moving average of $79.84.

Wyndham Hotels & Resorts (NYSE:WH) last released its 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. The business had revenue of $375.00 million for the quarter, compared to analyst estimates 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 last year, the company posted $1.33 EPS. Wyndham Hotels & Resorts has set its FY 2026 guidance at 4.710-4.830 EPS. As a group, analysts predict that Wyndham Hotels & Resorts will post 4.81 EPS for the current fiscal year.

Wyndham Hotels & Resorts Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be issued a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Tuesday, September 15th. Wyndham Hotels & Resorts’s payout ratio is currently 63.24%.

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.