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 dated Tuesday, November 5th. The shares were sold at an average price of $88.14, for a total transaction of $251,199.00. Following the sale, the insider now directly owns 26,062 shares in the company, valued at approximately $2,297,104.68. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Wyndham Hotels & Resorts Price Performance

NYSE WH traded down $0.35 during mid-day trading on Thursday, hitting $95.08. The stock had a trading volume of 801,809 shares, compared to its average volume of 755,201. The firm’s 50 day moving average is $81.38 and its 200 day moving average is $76.01. Wyndham Hotels & Resorts, Inc. has a twelve month low of $67.67 and a twelve month high of $95.66. The company has a debt-to-equity ratio of 4.19, a current ratio of 0.97 and a quick ratio of 0.97. The stock has a market capitalization of $7.40 billion, a price-to-earnings ratio of 30.29, a PEG ratio of 2.22 and a beta of 1.31.

Wyndham Hotels & Resorts (NYSE:WH) last issued 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 return on equity of 51.79% and a net margin of 18.29%. The business had revenue of $396.00 million during the quarter, compared to the consensus estimate of $408.32 million. During the same period last year, the company earned $1.31 EPS. The company’s revenue for the quarter was down 1.5% on a year-over-year basis. Equities research analysts forecast 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 announced a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Friday, September 13th were paid a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.60%. The ex-dividend date of this dividend was Friday, September 13th. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is presently 48.25%.

Analysts Set New Price Targets

Several brokerages recently weighed in on WH. Stifel Nicolaus boosted their price target on shares of Wyndham Hotels & Resorts from $91.00 to $92.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. Barclays boosted their target price on shares of Wyndham Hotels & Resorts from $90.00 to $100.00 and gave the company an “overweight” 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. Robert W. Baird upped 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. Finally, The Goldman Sachs Group started coverage on shares of Wyndham Hotels & Resorts in a report on Wednesday, September 18th. They issued a “buy” rating and a $96.00 target price for the company. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $95.00.

Institutional Trading of Wyndham Hotels & Resorts

Hedge funds and other institutional investors have recently modified their holdings of the stock. TimesSquare Capital Management LLC acquired a new stake in shares of Wyndham Hotels & Resorts in the 1st quarter worth $1,382,000. Sequoia Financial Advisors LLC acquired a new stake in shares of Wyndham Hotels & Resorts during the 3rd quarter worth about $680,000. Hsbc Holdings PLC acquired a new stake in shares of Wyndham Hotels & Resorts during the 2nd quarter worth about $1,425,000. Thrivent Financial for Lutherans increased its position in shares of Wyndham Hotels & Resorts by 377.5% during the 2nd quarter. Thrivent Financial for Lutherans now owns 1,240,702 shares of the company’s stock worth $91,812,000 after purchasing an additional 980,848 shares during the last quarter. Finally, International Assets Investment Management LLC increased its position in shares of Wyndham Hotels & Resorts by 6,887.1% during the 3rd quarter. International Assets Investment Management LLC now owns 66,028 shares of the company’s stock worth $5,159,000 after purchasing an additional 65,083 shares during the last quarter. 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.