Wyndham Hotels & Resorts (NYSE:WH – Get Free Report) General Counsel Paul Cash sold 36,379 shares of Wyndham Hotels & Resorts stock in a transaction that occurred on Friday, November 14th. The stock was sold at an average price of $71.66, for a total transaction of $2,606,919.14. Following the transaction, the general counsel directly owned 39,123 shares in the company, valued at approximately $2,803,554.18. This represents a 48.18% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Wyndham Hotels & Resorts Stock Performance
Shares of Wyndham Hotels & Resorts stock opened at $72.04 on Monday. The business’s fifty day simple moving average is $78.71 and its 200 day simple moving average is $82.97. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 4.43. Wyndham Hotels & Resorts has a 12 month low of $71.37 and a 12 month high of $113.07. The firm has a market capitalization of $5.44 billion, a P/E ratio of 16.56, a price-to-earnings-growth ratio of 1.88 and a beta of 0.89.
Wyndham Hotels & Resorts (NYSE:WH – Get Free Report) last announced its earnings results on Wednesday, October 22nd. The company reported $1.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.42 by $0.04. The firm had revenue of $764.00 million during the quarter, compared to analyst estimates of $406.29 million. Wyndham Hotels & Resorts had a return on equity of 61.12% and a net margin of 23.54%.The business’s revenue was down 3.5% compared to the same quarter last year. During the same period last year, the firm posted $1.39 EPS. Wyndham Hotels & Resorts has set its FY 2025 guidance at 4.480-4.62 EPS. As a group, analysts anticipate that Wyndham Hotels & Resorts will post 4.79 EPS for the current year.
Wyndham Hotels & Resorts Dividend Announcement
Institutional Inflows and Outflows
Large investors have recently added to or reduced their stakes in the stock. Boston Partners increased its position in shares of Wyndham Hotels & Resorts by 9.1% in the second quarter. Boston Partners now owns 3,130,373 shares of the company’s stock worth $254,449,000 after purchasing an additional 261,530 shares during the last quarter. Burgundy Asset Management Ltd. grew its stake in Wyndham Hotels & Resorts by 4.1% in the 2nd quarter. Burgundy Asset Management Ltd. now owns 2,465,968 shares of the company’s stock worth $200,261,000 after buying an additional 96,507 shares in the last quarter. Champlain Investment Partners LLC increased its holdings in shares of Wyndham Hotels & Resorts by 352.8% in the 3rd quarter. Champlain Investment Partners LLC now owns 2,212,717 shares of the company’s stock worth $176,796,000 after buying an additional 1,724,091 shares during the last quarter. Capital International Investors raised its position in shares of Wyndham Hotels & Resorts by 77.1% during the 3rd quarter. Capital International Investors now owns 1,755,465 shares of the company’s stock valued at $140,262,000 after buying an additional 764,312 shares in the last quarter. Finally, Thrivent Financial for Lutherans raised its position in shares of Wyndham Hotels & Resorts by 9.3% during the 3rd quarter. Thrivent Financial for Lutherans now owns 1,657,402 shares of the company’s stock valued at $132,427,000 after buying an additional 140,978 shares in the last quarter. Institutional investors own 93.46% of the company’s stock.
Analyst Upgrades and Downgrades
Several research firms recently commented on WH. Weiss Ratings reiterated a “hold (c+)” rating on shares of Wyndham Hotels & Resorts in a research note on Wednesday, October 8th. Robert W. Baird cut their price target on Wyndham Hotels & Resorts from $93.00 to $89.00 and set an “outperform” rating for the company in a research note on Tuesday, October 28th. Zacks Research lowered Wyndham Hotels & Resorts from a “hold” rating to a “strong sell” rating in a report on Thursday, November 6th. Morgan Stanley set a $91.00 price objective on Wyndham Hotels & Resorts and gave the company an “overweight” rating in a research note on Wednesday, October 22nd. Finally, Barclays cut their target price on shares of Wyndham Hotels & Resorts from $99.00 to $95.00 and set an “overweight” rating for the company in a research report on Friday, October 24th. Ten research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $99.86.
Read Our Latest Stock Report on Wyndham Hotels & Resorts
About Wyndham Hotels & Resorts
Wyndham Hotels & Resorts, Inc engages in the franchise and operation of hotels under the Wyndham brand. It operates through the Hotel Franchising and Hotel Management segments. The Hotel Franchising segment focuses on licensing the company’s lodging brands and providing related services to third-party hotel owners and others.
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