Wyndham Hotels & Resorts, Inc. (NYSE:WH) Insider Scott R. Strickland Sells 4,076 Shares

Wyndham Hotels & Resorts, Inc. (NYSE:WHGet Free Report) insider Scott R. Strickland sold 4,076 shares of the company’s stock in a transaction that occurred on Thursday, May 30th. The stock was sold at an average price of $67.81, for a total transaction of $276,393.56. Following the sale, the insider now directly owns 28,912 shares in the company, valued at approximately $1,960,522.72. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Wyndham Hotels & Resorts Stock Down 0.5 %

Shares of NYSE:WH opened at $70.42 on Tuesday. The firm has a market capitalization of $5.67 billion, a PE ratio of 24.97, a price-to-earnings-growth ratio of 2.46 and a beta of 1.33. The company has a debt-to-equity ratio of 3.27, a quick ratio of 0.70 and a current ratio of 0.70. Wyndham Hotels & Resorts, Inc. has a 52-week low of $65.54 and a 52-week high of $81.73. The firm has a fifty day moving average of $72.25 and a 200 day moving average of $76.40.

Wyndham Hotels & Resorts (NYSE:WHGet Free Report) last posted its quarterly earnings data on Wednesday, April 24th. The company reported $0.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 return on equity of 41.83% and a net margin of 17.19%. The company’s revenue for the quarter was down 2.6% compared to the same quarter last year. During the same period in the prior year, the business earned $0.86 EPS. As a group, research analysts anticipate that Wyndham Hotels & Resorts, Inc. will post 4.25 EPS for the current fiscal year.

Wyndham Hotels & Resorts Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be paid a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a dividend yield of 2.16%. The ex-dividend date is Friday, June 14th. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is presently 53.90%.

Institutional Investors Weigh In On Wyndham Hotels & Resorts

A number of hedge funds have recently made changes to their positions in the business. Wellington Management Group LLP boosted its holdings in Wyndham Hotels & Resorts by 150.2% during the 3rd quarter. Wellington Management Group LLP now owns 5,001,611 shares of the company’s stock valued at $347,812,000 after acquiring an additional 3,002,259 shares during the period. Norges Bank bought a new stake in Wyndham Hotels & Resorts in the fourth quarter valued at approximately $71,677,000. Balyasny Asset Management L.P. boosted its stake in shares of Wyndham Hotels & Resorts by 219.0% during the fourth quarter. Balyasny Asset Management L.P. now owns 1,079,336 shares of the company’s stock valued at $86,789,000 after purchasing an additional 740,992 shares during the period. Vanguard Group Inc. grew its holdings in shares of Wyndham Hotels & Resorts by 7.5% in the first quarter. Vanguard Group Inc. now owns 8,311,078 shares of the company’s stock worth $637,875,000 after purchasing an additional 581,909 shares during the last quarter. Finally, Invesco Ltd. increased its stake in shares of Wyndham Hotels & Resorts by 55.2% in the third quarter. Invesco Ltd. now owns 1,337,980 shares of the company’s stock worth $93,043,000 after buying an additional 475,682 shares during the period. 93.46% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on WH. Barclays boosted their price target on shares of Wyndham Hotels & Resorts from $87.00 to $88.00 and gave the company an “overweight” rating in a research report on Friday, April 26th. StockNews.com began coverage on Wyndham Hotels & Resorts in a research report on Wednesday, May 29th. They set a “hold” rating for the company. Finally, Robert W. Baird upped their target price on Wyndham Hotels & Resorts from $86.00 to $88.00 and gave the stock an “outperform” rating in a research note on Friday, April 26th. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $88.17.

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Wyndham Hotels & Resorts Company Profile

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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.

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