Insider Selling: Wyndham Hotels & Resorts, Inc. (NYSE:WH) Insider Sells 2,850 Shares of Stock

Wyndham Hotels & Resorts, Inc. (NYSE:WH) insider Scott R. Strickland sold 2,850 shares of the firm’s stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $88.14, for a total value of $251,199.00. Following the sale, the insider now directly owns 26,062 shares of the company’s stock, valued at $2,297,104.68. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Wyndham Hotels & Resorts Stock Down 0.4 %

Shares of WH traded down $0.35 during midday trading on Thursday, hitting $95.08. The company had a trading volume of 801,809 shares, compared to its average volume of 755,201. The company’s 50-day simple moving average is $81.38 and its 200-day simple moving average is $76.01. The company has a debt-to-equity ratio of 4.19, a quick ratio of 0.97 and a current ratio of 0.97. The firm has a market capitalization of $7.40 billion, a P/E ratio of 30.29, a P/E/G ratio of 2.22 and a beta of 1.31. Wyndham Hotels & Resorts, Inc. has a 1 year low of $67.67 and a 1 year high of $95.66.

Wyndham Hotels & Resorts (NYSE:WH) last announced its quarterly earnings data on Wednesday, October 23rd. The company reported $1.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.38 by $0.01. The business had revenue of $396.00 million during the quarter, compared to analysts’ expectations of $408.32 million. Wyndham Hotels & Resorts had a return on equity of 51.79% and a net margin of 18.29%. The business’s quarterly revenue was down 1.5% compared to the same quarter last year. During the same quarter last year, the business posted $1.31 EPS. As a group, sell-side analysts expect that Wyndham Hotels & Resorts, Inc. will post 4.3 EPS for the current year.

Wyndham Hotels & Resorts Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Friday, September 13th were paid a $0.38 dividend. This represents a $1.52 annualized dividend and a dividend yield of 1.60%. The ex-dividend date was Friday, September 13th. Wyndham Hotels & Resorts’s payout ratio is presently 48.25%.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on WH shares. Robert W. Baird raised their price objective on Wyndham Hotels & Resorts from $92.00 to $97.00 and gave the stock an “outperform” rating in a research report on Friday, October 25th. Stifel Nicolaus raised their target price on Wyndham Hotels & Resorts from $91.00 to $92.00 and gave the company a “buy” rating in a report on Thursday, October 24th. StockNews.com upgraded Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a report on Friday, November 1st. The Goldman Sachs Group began coverage on Wyndham Hotels & Resorts in a report on Wednesday, September 18th. They set a “buy” rating and a $96.00 target price for the company. 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 report on Friday, October 25th. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, Wyndham Hotels & Resorts has a consensus rating of “Moderate Buy” and a consensus price target of $95.00.

Hedge Funds Weigh In On Wyndham Hotels & Resorts

Several hedge funds and other institutional investors have recently made changes to their positions in WH. Vanguard Group Inc. lifted its stake in Wyndham Hotels & Resorts by 7.5% during the first quarter. Vanguard Group Inc. now owns 8,311,078 shares of the company’s stock worth $637,875,000 after purchasing an additional 581,909 shares during the last quarter. Capital Research Global Investors lifted its stake in Wyndham Hotels & Resorts by 0.3% during the first quarter. Capital Research Global Investors now owns 7,192,076 shares of the company’s stock worth $551,992,000 after purchasing an additional 23,549 shares during the last quarter. Boston Partners lifted its stake in Wyndham Hotels & Resorts by 15.4% during the first 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. Burgundy Asset Management Ltd. lifted its stake in Wyndham Hotels & Resorts by 70.9% during the second quarter. Burgundy Asset Management Ltd. now owns 2,210,658 shares of the company’s stock worth $163,589,000 after purchasing an additional 916,742 shares during the last quarter. Finally, Thrivent Financial for Lutherans lifted its stake in Wyndham Hotels & Resorts by 40.8% during the third quarter. Thrivent Financial for Lutherans now owns 1,747,295 shares of the company’s stock worth $136,533,000 after purchasing an additional 506,593 shares during the last quarter. Hedge funds and other institutional investors own 93.46% of the company’s stock.

About Wyndham Hotels & Resorts

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.