Insider Selling: Wyndham Hotels & Resorts, Inc. (NYSE:WH) Insider Sells 5,040 Shares of Stock

Wyndham Hotels & Resorts, Inc. (NYSE:WH) insider Monica Melancon sold 5,040 shares of Wyndham Hotels & Resorts stock in a transaction dated Friday, September 6th. The shares were sold at an average price of $77.66, for a total value of $391,406.40. Following the completion of the sale, the insider now owns 10,606 shares of the company’s stock, valued at approximately $823,661.96. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Wyndham Hotels & Resorts Trading Up 0.5 %

NYSE:WH opened at $77.75 on Friday. Wyndham Hotels & Resorts, Inc. has a 12-month low of $65.63 and a 12-month high of $81.73. The firm has a market capitalization of $6.14 billion, a P/E ratio of 27.57, a P/E/G ratio of 2.68 and a beta of 1.33. The company has a debt-to-equity ratio of 3.83, a current ratio of 0.90 and a quick ratio of 0.90. The business has a 50 day simple moving average of $75.39 and a 200 day simple moving average of $74.06.

Wyndham Hotels & Resorts (NYSE:WH) last issued its quarterly earnings data on Wednesday, July 24th. The company reported $1.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.03 by $0.10. Wyndham Hotels & Resorts had a return on equity of 47.05% and a net margin of 18.28%. The business had revenue of $367.00 million during the quarter, compared to the consensus estimate of $370.58 million. During the same period in the previous year, the firm posted $0.93 earnings per share. The business’s revenue was up 1.4% on a year-over-year basis. Equities research analysts predict that Wyndham Hotels & Resorts, Inc. will post 4.27 EPS for the current year.

Wyndham Hotels & Resorts Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 27th. Stockholders of record on Friday, September 13th will be issued a $0.38 dividend. This represents a $1.52 annualized dividend and a dividend yield of 1.95%. The ex-dividend date is Friday, September 13th. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is presently 53.90%.

Hedge Funds Weigh In On Wyndham Hotels & Resorts

Hedge funds have recently modified their holdings of the company. Sanctuary Advisors LLC bought a new stake in Wyndham Hotels & Resorts during the second quarter worth approximately $214,000. Aristides Capital LLC increased its position in Wyndham Hotels & Resorts by 48.5% in the 2nd quarter. Aristides Capital LLC now owns 11,278 shares of the company’s stock worth $835,000 after purchasing an additional 3,682 shares during the last quarter. Cetera Investment Advisers raised its position in Wyndham Hotels & Resorts by 4.4% during the second quarter. Cetera Investment Advisers now owns 13,282 shares of the company’s stock valued at $983,000 after acquiring an additional 558 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Wyndham Hotels & Resorts by 11.9% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 5,225 shares of the company’s stock valued at $387,000 after purchasing an additional 557 shares during the last quarter. Finally, Creative Planning lifted its position in shares of Wyndham Hotels & Resorts by 4.4% in the second quarter. Creative Planning now owns 11,665 shares of the company’s stock worth $863,000 after buying an additional 496 shares during the last quarter. 93.46% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on WH. Stifel Nicolaus lowered their price objective on shares of Wyndham Hotels & Resorts from $91.50 to $89.00 and set a “buy” rating for the company in a research note on Thursday, July 25th. Barclays increased their price objective on shares of Wyndham Hotels & Resorts from $88.00 to $90.00 and gave the company an “overweight” rating in a research report on Friday, July 26th. StockNews.com lowered Wyndham Hotels & Resorts from a “hold” rating to a “sell” rating in a research report on Friday, September 6th. Truist Financial dropped their price target on shares of Wyndham Hotels & Resorts from $105.00 to $104.00 and set a “buy” rating for the company in a research note on Friday, July 26th. Finally, Susquehanna started coverage on shares of Wyndham Hotels & Resorts in a research note on Friday, June 21st. They issued a “neutral” rating and a $80.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and six have assigned a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $89.43.

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.