Insider Selling: Wyndham Hotels & Resorts, Inc. (NYSE:WH) CEO Sells 196,279 Shares of Stock

Wyndham Hotels & Resorts, Inc. (NYSE:WH) CEO Geoffrey A. Ballotti sold 196,279 shares of the stock in a transaction dated Wednesday, May 1st. The stock was sold at an average price of $73.36, for a total transaction of $14,399,027.44. Following the sale, the chief executive officer now owns 377,712 shares of the company’s stock, valued at approximately $27,708,952.32. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Wyndham Hotels & Resorts Trading Down 0.9 %

WH opened at $73.25 on Friday. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 3.27. The stock has a market capitalization of $5.90 billion, a PE ratio of 25.98, a PEG ratio of 2.57 and a beta of 1.33. Wyndham Hotels & Resorts, Inc. has a 1-year low of $63.69 and a 1-year high of $81.73. The firm has a 50-day moving average price of $74.80 and a two-hundred day moving average price of $76.89.

Wyndham Hotels & Resorts (NYSE:WH) last posted its quarterly earnings data on Wednesday, April 24th. The company reported $0.78 earnings per share for the quarter, beating the consensus estimate of $0.75 by $0.03. The firm had revenue of $305.00 million during the quarter, compared to analysts’ expectations of $308.24 million. Wyndham Hotels & Resorts had a net margin of 17.19% and a return on equity of 41.83%. The company’s quarterly revenue was down 2.6% compared to the same quarter last year. During the same quarter last year, the company posted $0.86 EPS. As a group, equities analysts anticipate that Wyndham Hotels & Resorts, Inc. will post 4.25 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Friday, March 15th were paid a $0.38 dividend. This represents a $1.52 annualized dividend and a dividend yield of 2.08%. The ex-dividend date of this dividend was Thursday, March 14th. This is a positive change from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.35. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is 53.90%.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Capital Research Global Investors boosted its stake in shares of Wyndham Hotels & Resorts by 3.2% in the 4th quarter. Capital Research Global Investors now owns 7,168,527 shares of the company’s stock valued at $576,421,000 after purchasing an additional 220,737 shares during the last quarter. Wellington Management Group LLP boosted its stake in Wyndham Hotels & Resorts by 10.9% during the 4th quarter. Wellington Management Group LLP now owns 5,545,099 shares of the company’s stock worth $445,881,000 after acquiring an additional 543,488 shares during the last quarter. FMR LLC boosted its stake in Wyndham Hotels & Resorts by 2.7% during the 3rd quarter. FMR LLC now owns 2,492,340 shares of the company’s stock worth $173,317,000 after acquiring an additional 64,925 shares during the last quarter. Invesco Ltd. boosted its stake in Wyndham Hotels & Resorts by 55.2% during the 3rd quarter. Invesco Ltd. now owns 1,337,980 shares of the company’s stock worth $93,043,000 after acquiring an additional 475,682 shares during the last quarter. Finally, Burgundy Asset Management Ltd. boosted its stake in Wyndham Hotels & Resorts by 3.7% during the 4th quarter. Burgundy Asset Management Ltd. now owns 1,276,150 shares of the company’s stock worth $102,615,000 after acquiring an additional 45,062 shares during the last quarter. Institutional investors own 93.46% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on WH shares. Barclays increased their target price on shares of Wyndham Hotels & Resorts from $87.00 to $88.00 and gave the stock an “overweight” rating in a research report on Friday, April 26th. Robert W. Baird increased their target price on shares of Wyndham Hotels & Resorts from $86.00 to $88.00 and gave the stock an “outperform” rating in a research report on Friday, April 26th. Finally, StockNews.com started coverage on shares of Wyndham Hotels & Resorts in a research report on Sunday. They set a “hold” rating for the company. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $88.17.

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.