Wyndham Hotels & Resorts, Inc. (NYSE:WH) CFO Michele Allen Sells 15,000 Shares

Wyndham Hotels & Resorts, Inc. (NYSE:WH) CFO Michele Allen sold 15,000 shares of the firm’s stock in a transaction dated Friday, October 25th. The stock was sold at an average price of $89.99, for a total transaction of $1,349,850.00. Following the completion of the transaction, the chief financial officer now owns 10,056 shares in the company, valued at approximately $904,939.44. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Wyndham Hotels & Resorts Stock Performance

WH stock traded up $0.61 on Friday, reaching $90.63. The company’s stock had a trading volume of 1,355,767 shares, compared to its average volume of 751,798. Wyndham Hotels & Resorts, Inc. has a 52 week low of $67.67 and a 52 week high of $91.93. The company has a debt-to-equity ratio of 3.83, a current ratio of 0.90 and a quick ratio of 0.90. The company has a market capitalization of $7.30 billion, a P/E ratio of 32.14, a price-to-earnings-growth ratio of 3.00 and a beta of 1.33. The firm has a fifty day moving average of $79.29 and a two-hundred day moving average of $74.98.

Wyndham Hotels & Resorts (NYSE:WH) last announced its quarterly earnings results on Wednesday, October 23rd. The company reported $1.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.38 by $0.01. The company had revenue of $396.00 million during the quarter, compared to analyst estimates of $408.32 million. Wyndham Hotels & Resorts had a return on equity of 47.05% and a net margin of 18.28%. The firm’s quarterly revenue was down 1.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.31 EPS. As a group, analysts predict that Wyndham Hotels & Resorts, Inc. will post 4.26 EPS for the current fiscal year.

Wyndham Hotels & Resorts Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Friday, September 13th were paid a dividend of $0.38 per share. The ex-dividend date of this dividend was Friday, September 13th. This represents a $1.52 annualized dividend and a yield of 1.68%. Wyndham Hotels & Resorts’s payout ratio is 53.90%.

Analyst Ratings Changes

A number of equities analysts have issued reports on WH shares. The Goldman Sachs Group assumed coverage on shares of Wyndham Hotels & Resorts in a report on Wednesday, September 18th. They issued a “buy” rating and a $96.00 target price on the stock. Robert W. Baird increased their price target on Wyndham Hotels & Resorts from $92.00 to $97.00 and gave the stock an “outperform” rating in a research report on Friday. Barclays boosted their price objective on Wyndham Hotels & Resorts from $90.00 to $100.00 and gave the company an “overweight” rating in a research report on Friday. Stifel Nicolaus increased their target price on Wyndham Hotels & Resorts from $91.00 to $92.00 and gave the stock a “buy” rating in a research report on Thursday. Finally, Truist Financial raised their target price on Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the company a “buy” rating in a research note on Friday. Two research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $94.00.

Institutional Trading of Wyndham Hotels & Resorts

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Thrivent Financial for Lutherans raised its stake in shares of Wyndham Hotels & Resorts by 377.5% in the 2nd quarter. Thrivent Financial for Lutherans now owns 1,240,702 shares of the company’s stock worth $91,812,000 after buying an additional 980,848 shares in the last quarter. Burgundy Asset Management Ltd. raised its position in Wyndham Hotels & Resorts by 70.9% in the second quarter. Burgundy Asset Management Ltd. now owns 2,210,658 shares of the company’s stock worth $163,589,000 after acquiring an additional 916,742 shares in the last quarter. Vanguard Group Inc. lifted its holdings in Wyndham Hotels & Resorts by 7.5% in the 1st quarter. Vanguard Group Inc. now owns 8,311,078 shares of the company’s stock valued at $637,875,000 after acquiring an additional 581,909 shares during the last quarter. Janus Henderson Group PLC boosted its position in shares of Wyndham Hotels & Resorts by 1,186.0% during the 1st quarter. Janus Henderson Group PLC now owns 509,441 shares of the company’s stock valued at $39,092,000 after purchasing an additional 469,827 shares in the last quarter. Finally, Boston Partners grew its stake in shares of Wyndham Hotels & Resorts by 15.4% in the 1st quarter. Boston Partners now owns 3,227,106 shares of the company’s stock worth $247,646,000 after purchasing an additional 430,053 shares during the last quarter. 93.46% of the stock is currently owned by institutional investors.

Wyndham Hotels & Resorts Company Profile

Wyndham Hotels & Resorts, Inc operates as a hotel franchisor in the United States and internationally. It operates through Hotel Franchising and Hotel Management segments. The Hotel Franchising segment licenses its lodging brands and provides related services to third-party hotel owners and others.