Wyndham Hotels & Resorts Inc (NYSE:WH) Director Ronald L. Nelson Purchases 10,000 Shares

Wyndham Hotels & Resorts Inc (NYSE:WH) Director Ronald L. Nelson bought 10,000 shares of the business’s stock in a transaction on Wednesday, August 14th. The shares were bought at an average price of $49.95 per share, for a total transaction of $499,500.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

NYSE WH traded up $0.51 during trading on Friday, hitting $49.94. 1,573,783 shares of the company traded hands, compared to its average volume of 999,327. Wyndham Hotels & Resorts Inc has a 12 month low of $43.03 and a 12 month high of $61.49. The business has a fifty day simple moving average of $57.26 and a 200 day simple moving average of $54.42. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 1.62. The company has a market capitalization of $4.87 billion, a P/E ratio of 18.43, a PEG ratio of 1.42 and a beta of 1.03.

Wyndham Hotels & Resorts (NYSE:WH) last posted its earnings results on Thursday, July 25th. The company reported $0.84 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.80 by $0.04. Wyndham Hotels & Resorts had a return on equity of 19.91% and a net margin of 6.94%. The company had revenue of $533.00 million for the quarter, compared to analyst estimates of $532.61 million. During the same period last year, the company earned $0.73 earnings per share. The business’s revenue was up 22.5% compared to the same quarter last year. Equities research analysts predict that Wyndham Hotels & Resorts Inc will post 3.19 EPS for the current fiscal year.



The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Friday, September 13th will be paid a $0.29 dividend. The ex-dividend date is Thursday, September 12th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 2.32%. Wyndham Hotels & Resorts’s payout ratio is presently 42.80%.

Several institutional investors have recently bought and sold shares of the company. Boston Partners increased its stake in shares of Wyndham Hotels & Resorts by 2.9% in the first quarter. Boston Partners now owns 5,715,052 shares of the company’s stock worth $285,695,000 after purchasing an additional 163,327 shares during the period. JPMorgan Chase & Co. increased its stake in Wyndham Hotels & Resorts by 12.9% during the second quarter. JPMorgan Chase & Co. now owns 2,591,788 shares of the company’s stock valued at $144,881,000 after acquiring an additional 295,411 shares during the period. Bessemer Group Inc. increased its stake in Wyndham Hotels & Resorts by 0.5% during the second quarter. Bessemer Group Inc. now owns 2,560,951 shares of the company’s stock valued at $142,746,000 after acquiring an additional 11,481 shares during the period. Jackson Square Partners LLC increased its stake in Wyndham Hotels & Resorts by 7.2% during the first quarter. Jackson Square Partners LLC now owns 2,066,437 shares of the company’s stock valued at $103,301,000 after acquiring an additional 139,472 shares during the period. Finally, Invesco Ltd. increased its stake in Wyndham Hotels & Resorts by 114.7% during the second quarter. Invesco Ltd. now owns 1,268,421 shares of the company’s stock valued at $70,702,000 after acquiring an additional 677,607 shares during the period. Institutional investors and hedge funds own 90.49% of the company’s stock.

Several equities analysts have weighed in on the company. Bank of America assumed coverage on Wyndham Hotels & Resorts in a report on Wednesday, June 12th. They set a “buy” rating and a $62.00 target price on the stock. Barclays assumed coverage on Wyndham Hotels & Resorts in a report on Tuesday, July 2nd. They set an “overweight” rating and a $72.00 target price on the stock. Finally, Zacks Investment Research lowered Wyndham Hotels & Resorts from a “buy” rating to a “hold” rating in a report on Thursday. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $67.71.

About Wyndham Hotels & Resorts

Wyndham Hotels & Resorts, Inc operates as a hotel franchisor worldwide. The company licenses its hotel brands, including Super 8, Days Inn, Ramada, Microtel Inn & Suites, La Quinta, Wingate, AmericInn, Hawthorn Suites, The Trademark Collection, and Wyndham to hotel owners in approximately 80 countries.

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