Wyndham Hotels & Resorts, Inc. (NYSE:WH) Insider Sells $391,406.40 in Stock

Wyndham Hotels & Resorts, Inc. (NYSE:WH) insider Monica Melancon sold 5,040 shares of the business’s stock in a transaction that occurred on Friday, September 6th. The shares were sold at an average price of $77.66, for a total transaction of $391,406.40. Following the completion of the transaction, the insider now owns 10,606 shares of the company’s stock, valued at $823,661.96. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Wyndham Hotels & Resorts Trading Down 1.2 %

NYSE:WH opened at $76.76 on Wednesday. The firm’s fifty day moving average is $75.20 and its 200-day moving average is $74.01. The company has a debt-to-equity ratio of 3.83, a quick ratio of 0.90 and a current ratio of 0.90. Wyndham Hotels & Resorts, Inc. has a 52 week low of $65.63 and a 52 week high of $81.73. The firm has a market cap of $6.06 billion, a P/E ratio of 27.22, a P/E/G ratio of 2.68 and a beta of 1.33.

Wyndham Hotels & Resorts (NYSE:WH) last posted its quarterly earnings data on Wednesday, July 24th. The company reported $1.13 EPS for the quarter, beating analysts’ consensus estimates of $1.03 by $0.10. Wyndham Hotels & Resorts had a net margin of 18.28% and a return on equity of 47.05%. The company had revenue of $367.00 million for the quarter, compared to analyst estimates of $370.58 million. During the same period in the prior year, the firm posted $0.93 EPS. The company’s quarterly revenue was up 1.4% on a year-over-year basis. Equities analysts expect that Wyndham Hotels & Resorts, Inc. will post 4.27 earnings per share for the current year.

Wyndham Hotels & Resorts Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, September 27th. Investors of record on Friday, September 13th will be given a dividend of $0.38 per share. The ex-dividend date of this dividend is Friday, September 13th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.98%. Wyndham Hotels & Resorts’s payout ratio is presently 53.90%.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on WH shares. Stifel Nicolaus decreased their price target on shares of Wyndham Hotels & Resorts from $91.50 to $89.00 and set a “buy” rating on the stock in a report on Thursday, July 25th. StockNews.com lowered shares of Wyndham Hotels & Resorts from a “hold” rating to a “sell” rating in a report on Friday, September 6th. Truist Financial decreased their price target on shares of Wyndham Hotels & Resorts from $105.00 to $104.00 and set a “buy” rating on the stock in a report on Friday, July 26th. Susquehanna started coverage on shares of Wyndham Hotels & Resorts in a report on Friday, June 21st. They set a “neutral” rating and a $80.00 price target on the stock. Finally, Barclays lifted their price target on shares of Wyndham Hotels & Resorts from $88.00 to $90.00 and gave the company an “overweight” rating in a report on Friday, July 26th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $89.43.

Institutional Trading of Wyndham Hotels & Resorts

Hedge funds have recently bought and sold shares of the business. International Assets Investment Management LLC increased its stake in Wyndham Hotels & Resorts by 7,941.0% during the 4th quarter. International Assets Investment Management LLC now owns 15,680 shares of the company’s stock valued at $1,261,000 after purchasing an additional 15,485 shares in the last quarter. Victory Capital Management Inc. grew its stake in shares of Wyndham Hotels & Resorts by 17.6% in the 4th quarter. Victory Capital Management Inc. now owns 18,188 shares of the company’s stock worth $1,462,000 after acquiring an additional 2,716 shares in the last quarter. Natixis Advisors L.P. purchased a new stake in Wyndham Hotels & Resorts in the 4th quarter valued at about $809,000. Private Advisor Group LLC lifted its position in shares of Wyndham Hotels & Resorts by 7.4% during the 4th quarter. Private Advisor Group LLC now owns 3,644 shares of the company’s stock worth $293,000 after buying an additional 251 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of Wyndham Hotels & Resorts by 1.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 673,081 shares of the company’s stock worth $54,122,000 after buying an additional 11,815 shares during the last quarter. Institutional investors and hedge funds own 93.46% of the company’s stock.

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.