Engineers Gate Manager LP Acquires 139,109 Shares of Wyndham Hotels & Resorts $WH

Engineers Gate Manager LP boosted its holdings in shares of Wyndham Hotels & Resorts (NYSE:WH) by 447.6% during the second quarter, Holdings Channel.com reports. The institutional investor owned 170,188 shares of the company’s stock after acquiring an additional 139,109 shares during the quarter. Engineers Gate Manager LP’s holdings in Wyndham Hotels & Resorts were worth $14,332,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Integrated Wealth Concepts LLC acquired a new stake in shares of Wyndham Hotels & Resorts in the second quarter valued at approximately $437,000. Allworth Financial LP increased its holdings in shares of Wyndham Hotels & Resorts by 134.5% during the 2nd quarter. Allworth Financial LP now owns 3,583 shares of the company’s stock worth $302,000 after acquiring an additional 2,055 shares during the last quarter. Waverly Advisors LLC acquired a new position in shares of Wyndham Hotels & Resorts during the 2nd quarter worth approximately $229,000. Nykredit A S bought a new stake in Wyndham Hotels & Resorts in the 2nd quarter valued at $217,000. Finally, Allianz Asset Management GmbH bought a new stake in Wyndham Hotels & Resorts in the 2nd quarter valued at $1,826,000. Institutional investors own 93.46% of the company’s stock.

Wyndham Hotels & Resorts Trading Down 0.1%

Shares of WH stock opened at $69.82 on Thursday. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 5.53. The stock has a market cap of $5.18 billion, a P/E ratio of 25.67, a price-to-earnings-growth ratio of 1.81 and a beta of 0.62. The stock has a 50 day simple moving average of $75.38 and a 200 day simple moving average of $79.51. Wyndham Hotels & Resorts has a 1 year low of $68.54 and a 1 year high of $90.35.

Wyndham Hotels & Resorts (NYSE:WH) last posted its quarterly earnings data on Wednesday, July 22nd. The company reported $1.48 EPS for the quarter, topping analysts’ consensus estimates of $1.41 by $0.07. The firm had revenue of $375.00 million for the quarter, compared to analyst estimates of $400.75 million. Wyndham Hotels & Resorts had a return on equity of 74.22% and a net margin of 14.67%.The company’s revenue was down 5.5% on a year-over-year basis. During the same quarter last year, the company earned $1.33 EPS. Wyndham Hotels & Resorts has set its FY 2026 guidance at 4.710-4.830 EPS. On average, research analysts predict that Wyndham Hotels & Resorts will post 4.81 earnings per share 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. Investors of record on Tuesday, September 15th will be given a $0.43 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 2.5%. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is presently 63.24%.

Insider Buying and Selling

In related news, CEO Geoffrey 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 transaction 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 $39,941,275.33. This represents a 3.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.33% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several brokerages have issued reports on WH. Susquehanna cut their price target on Wyndham Hotels & Resorts from $90.00 to $80.00 and set a “neutral” rating for the company in a report on Tuesday, August 11th. Weiss Ratings restated a “hold (c)” rating on shares of Wyndham Hotels & Resorts in a research note on Wednesday, July 8th. JPMorgan Chase & Co. decreased their price target on shares of Wyndham Hotels & Resorts from $100.00 to $97.00 and set an “overweight” rating on the stock in a research note on Tuesday, July 21st. Wells Fargo & Company upped 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 research note on Thursday, July 16th. Finally, The Goldman Sachs Group reissued a “neutral” rating and issued a $80.00 price target on shares of Wyndham Hotels & Resorts in a report on Thursday, July 23rd. Eight equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $95.91.

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.