Insider Selling: Wyndham Hotels & Resorts, Inc. (NYSE:WH) CFO Sells 15,000 Shares of Stock

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

Wyndham Hotels & Resorts Stock Up 0.7 %

Shares of NYSE WH traded up $0.61 during mid-day trading on Friday, reaching $90.63. The company had a trading volume of 1,355,767 shares, compared to its average volume of 751,798. The company has a debt-to-equity ratio of 3.83, a quick ratio of 0.90 and a current ratio of 0.90. The company has a market capitalization of $7.30 billion, a price-to-earnings ratio of 32.14, a PEG ratio of 3.00 and a beta of 1.33. The stock has a fifty day moving average of $79.29 and a two-hundred day moving average of $74.98. Wyndham Hotels & Resorts, Inc. has a 12-month low of $67.67 and a 12-month high of $91.93.

Wyndham Hotels & Resorts (NYSE:WH) last released its 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. Wyndham Hotels & Resorts had a net margin of 18.28% and a return on equity of 47.05%. The company had revenue of $396.00 million during the quarter, compared to the consensus estimate of $408.32 million. During the same quarter in the prior year, the firm earned $1.31 EPS. The company’s revenue was down 1.5% compared to the same quarter last year. As a group, equities research analysts expect that Wyndham Hotels & Resorts, Inc. will post 4.26 EPS for the current year.

Wyndham Hotels & Resorts Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on WH. The Goldman Sachs Group started 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. Stifel Nicolaus upped their price objective on shares of Wyndham Hotels & Resorts from $91.00 to $92.00 and gave the company a “buy” rating in a research note on Thursday. Truist Financial raised their target price on shares of Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the stock a “buy” rating in a report on Friday. Barclays upped their price target on shares of Wyndham Hotels & Resorts from $90.00 to $100.00 and gave the company an “overweight” rating in a research report on Friday. Finally, Robert W. Baird lifted their price objective on shares of Wyndham Hotels & Resorts from $92.00 to $97.00 and gave the stock an “outperform” rating in a research report on Friday. Two analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $94.00.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. GAMMA Investing LLC lifted its holdings in shares of Wyndham Hotels & Resorts by 80.9% during the 2nd quarter. GAMMA Investing LLC now owns 463 shares of the company’s stock valued at $34,000 after buying an additional 207 shares during the last quarter. Concord Wealth Partners raised its position in Wyndham Hotels & Resorts by 115.5% during the third quarter. Concord Wealth Partners now owns 543 shares of the company’s stock valued at $42,000 after acquiring an additional 291 shares in the last quarter. Blue Trust Inc. lifted its stake in Wyndham Hotels & Resorts by 1,245.1% in the second quarter. Blue Trust Inc. now owns 686 shares of the company’s stock valued at $53,000 after acquiring an additional 635 shares during the last quarter. Family Firm Inc. bought a new stake in Wyndham Hotels & Resorts in the second quarter worth approximately $67,000. Finally, International Assets Investment Management LLC acquired a new position in shares of Wyndham Hotels & Resorts during the 2nd quarter worth $70,000. 93.46% of the stock is owned by institutional investors and hedge funds.

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.