Insider Selling: Wyndham Hotels & Resorts, Inc. (NYSE:WH) Insider Sells $251,199.00 in Stock

Wyndham Hotels & Resorts, Inc. (NYSE:WH) insider Scott R. Strickland sold 2,850 shares of the firm’s stock in a transaction on 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 approximately $2,297,104.68. 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 0.9 %

Shares of Wyndham Hotels & Resorts stock opened at $95.92 on Friday. The stock has a 50-day simple moving average of $82.08 and a 200-day simple moving average of $76.36. Wyndham Hotels & Resorts, Inc. has a 52-week low of $67.67 and a 52-week high of $96.13. The firm has a market cap of $7.46 billion, a price-to-earnings ratio of 30.45, a P/E/G ratio of 2.39 and a beta of 1.31. The company has a debt-to-equity ratio of 4.19, a current ratio of 0.97 and a quick ratio of 0.97.

Wyndham Hotels & Resorts (NYSE:WH) last posted its 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 net margin of 18.29% and a return on equity of 51.79%. The company had revenue of $396.00 million during the quarter, compared to the consensus estimate of $408.32 million. During the same period in the previous year, the firm posted $1.31 earnings per share. The company’s revenue for the quarter was down 1.5% compared to the same quarter last year. On average, equities research analysts expect that Wyndham Hotels & Resorts, Inc. will post 4.3 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Friday, September 13th were given a $0.38 dividend. The ex-dividend date of this dividend was Friday, September 13th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.58%. Wyndham Hotels & Resorts’s dividend payout ratio is currently 48.25%.

Analyst Ratings Changes

A number of research firms recently weighed in on WH. Truist Financial increased their price target on Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the company a “buy” rating in a research report on Friday, October 25th. The Goldman Sachs Group started coverage on shares of Wyndham Hotels & Resorts in a research report on Wednesday, September 18th. They issued a “buy” rating and a $96.00 target price on the stock. Robert W. Baird raised 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 note on Friday, October 25th. StockNews.com raised shares of Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a research note on Friday, November 1st. Finally, Stifel Nicolaus raised their target price on Wyndham Hotels & Resorts from $91.00 to $92.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $95.00.

Institutional Trading of Wyndham Hotels & Resorts

Large investors have recently made changes to their positions in the stock. Intech Investment Management LLC lifted its holdings in Wyndham Hotels & Resorts by 87.2% in the 3rd quarter. Intech Investment Management LLC now owns 5,901 shares of the company’s stock worth $461,000 after purchasing an additional 2,749 shares during the last quarter. First Horizon Advisors Inc. grew its stake in Wyndham Hotels & Resorts by 76.9% in the 3rd quarter. First Horizon Advisors Inc. now owns 467 shares of the company’s stock valued at $36,000 after buying an additional 203 shares during the last quarter. Thrivent Financial for Lutherans grew its position in shares of Wyndham Hotels & Resorts by 40.8% in the third quarter. Thrivent Financial for Lutherans now owns 1,747,295 shares of the company’s stock valued at $136,533,000 after purchasing an additional 506,593 shares during the last quarter. Mutual of America Capital Management LLC increased its stake in shares of Wyndham Hotels & Resorts by 221.3% in the third quarter. Mutual of America Capital Management LLC now owns 148,250 shares of the company’s stock worth $11,584,000 after purchasing an additional 102,115 shares during the period. Finally, Natixis Advisors LLC boosted its stake in Wyndham Hotels & Resorts by 37.7% during the 3rd quarter. Natixis Advisors LLC now owns 34,537 shares of the company’s stock valued at $2,699,000 after purchasing an additional 9,463 shares during the period. Institutional investors own 93.46% of the company’s stock.

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.