Michele Allen Sells 15,000 Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) Stock

Wyndham Hotels & Resorts, Inc. (NYSE:WH) CFO Michele Allen sold 15,000 shares of the company’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 owns 10,056 shares of the company’s stock, valued at approximately $904,939.44. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Wyndham Hotels & Resorts Price Performance

WH opened at $90.63 on Friday. Wyndham Hotels & Resorts, Inc. has a twelve month low of $67.67 and a twelve month high of $91.93. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 3.83. The firm has a market cap 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 company has a fifty day simple moving average of $79.29 and a 200 day simple moving average of $74.98.

Wyndham Hotels & Resorts (NYSE:WH) last released its quarterly earnings results on Wednesday, October 23rd. The company reported $1.39 EPS for the quarter, topping the consensus estimate of $1.38 by $0.01. Wyndham Hotels & Resorts had a return on equity of 47.05% and a net margin of 18.28%. The business had revenue of $396.00 million for the quarter, compared to analysts’ expectations of $408.32 million. During the same quarter in the previous year, the firm posted $1.31 earnings per share. The company’s revenue was down 1.5% compared to the same quarter last year. Equities research analysts expect that Wyndham Hotels & Resorts, Inc. will post 4.26 EPS for the current fiscal year.

Wyndham Hotels & Resorts Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Friday, September 13th were paid a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a dividend yield of 1.68%. The ex-dividend date of this dividend was Friday, September 13th. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is currently 53.90%.

Institutional Trading of Wyndham Hotels & Resorts

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. GAMMA Investing LLC boosted its stake in 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 acquiring an additional 207 shares during the last quarter. Concord Wealth Partners raised its stake in shares of Wyndham Hotels & Resorts by 115.5% in the 3rd quarter. Concord Wealth Partners now owns 543 shares of the company’s stock valued at $42,000 after purchasing an additional 291 shares in the last quarter. Blue Trust Inc. lifted its position in shares of Wyndham Hotels & Resorts by 1,245.1% during the second quarter. Blue Trust Inc. now owns 686 shares of the company’s stock worth $53,000 after purchasing an additional 635 shares during the last quarter. Family Firm Inc. acquired a new position in Wyndham Hotels & Resorts in the second quarter worth about $67,000. Finally, International Assets Investment Management LLC bought a new stake in Wyndham Hotels & Resorts in the second quarter valued at about $70,000. Institutional investors own 93.46% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the company. Robert W. Baird upped their price target on Wyndham Hotels & Resorts from $92.00 to $97.00 and gave the stock an “outperform” rating in a research note on Friday. The Goldman Sachs Group assumed coverage on shares of Wyndham Hotels & Resorts in a research report on Wednesday, September 18th. They set a “buy” rating and a $96.00 target price for the company. StockNews.com upgraded shares of Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a research note on Tuesday, October 22nd. Barclays increased their price objective on shares of Wyndham Hotels & Resorts from $90.00 to $100.00 and gave the stock an “overweight” rating in a research report on Friday. Finally, Truist Financial upped their price target on shares of Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the stock a “buy” rating in a research report on Friday. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $94.00.

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.