Wyndham Hotels & Resorts Inc (NYSE:WH) CFO Buys $100,740.00 in Stock

Wyndham Hotels & Resorts Inc (NYSE:WH) CFO David B. Wyshner bought 2,000 shares of the firm’s stock in a transaction dated Friday, August 16th. The stock was purchased at an average price of $50.37 per share, for a total transaction of $100,740.00. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website.

NYSE WH opened at $50.73 on Thursday. The company has a market cap of $4.82 billion, a PE ratio of 18.72, a price-to-earnings-growth ratio of 1.30 and a beta of 1.03. The stock’s 50 day simple moving average is $56.69 and its 200-day simple moving average is $54.37. Wyndham Hotels & Resorts Inc has a 1-year low of $43.03 and a 1-year high of $61.49. The company has a debt-to-equity ratio of 1.62, a current ratio of 1.24 and a quick ratio of 1.24.

Wyndham Hotels & Resorts (NYSE:WH) last posted its quarterly earnings results on Thursday, July 25th. The company reported $0.84 EPS for the quarter, beating the 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 firm had revenue of $533.00 million during the quarter, compared to analysts’ expectations of $532.61 million. During the same quarter last year, the firm earned $0.73 earnings per share. The business’s revenue for the quarter was up 22.5% on a year-over-year basis. On average, equities research analysts anticipate that Wyndham Hotels & Resorts Inc will post 3.19 EPS for the current fiscal year.



The business also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Friday, September 13th will be issued a $0.29 dividend. The ex-dividend date of this dividend is Thursday, September 12th. This represents a $1.16 annualized dividend and a dividend yield of 2.29%. Wyndham Hotels & Resorts’s dividend payout ratio is presently 42.80%.

Several research firms have recently weighed in on WH. Zacks Investment Research downgraded Wyndham Hotels & Resorts from a “buy” rating to a “hold” rating in a research report on Thursday, August 15th. Bank of America began coverage on Wyndham Hotels & Resorts in a research report on Wednesday, June 12th. They issued a “buy” rating and a $62.00 target price on the stock. Robert W. Baird began coverage on Wyndham Hotels & Resorts in a research report on Wednesday. They issued an “outperform” rating on the stock. Barclays began coverage on Wyndham Hotels & Resorts in a research report on Tuesday, July 2nd. They issued an “overweight” rating and a $72.00 target price on the stock. Finally, Stifel Nicolaus set a $65.00 target price on Wyndham Hotels & Resorts and gave the company a “buy” rating in a research report on Friday, August 16th. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $68.14.

Several large investors have recently bought and sold shares of WH. Boston Partners increased its stake in Wyndham Hotels & Resorts by 2.9% during the first quarter. Boston Partners now owns 5,715,052 shares of the company’s stock worth $285,695,000 after acquiring an additional 163,327 shares during the last quarter. 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 worth $144,881,000 after acquiring an additional 295,411 shares during the last quarter. 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 worth $142,746,000 after acquiring an additional 11,481 shares during the last quarter. 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 worth $103,301,000 after acquiring an additional 139,472 shares during the last quarter. 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 worth $70,702,000 after acquiring an additional 677,607 shares during the last quarter. 87.62% of the stock is owned by hedge funds and other institutional investors.

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.

Read More: Initial Public Offering (IPO)

Insider Buying and Selling by Quarter for Wyndham Hotels & Resorts (NYSE:WH)

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