Geoffrey A. Ballotti Sells 196,279 Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) Stock

Wyndham Hotels & Resorts, Inc. (NYSE:WH) CEO Geoffrey A. Ballotti sold 196,279 shares of the company’s stock in a transaction dated Wednesday, May 1st. The shares were 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 $27,708,952.32. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Wyndham Hotels & Resorts Stock Performance

Shares of NYSE:WH opened at $73.25 on Monday. The company has a debt-to-equity ratio of 3.27, a current ratio of 0.70 and a quick ratio of 0.70. The business’s fifty day moving average price is $74.80 and its two-hundred day moving average price is $76.91. Wyndham Hotels & Resorts, Inc. has a fifty-two week low of $63.69 and a fifty-two week high of $81.73. The stock has a market capitalization of $5.90 billion, a price-to-earnings ratio of 25.98, a price-to-earnings-growth ratio of 2.55 and a beta of 1.33.

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

Wyndham Hotels & Resorts Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 15th were given a dividend of $0.38 per share. This is an increase from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.35. The ex-dividend date was Thursday, March 14th. This represents a $1.52 annualized dividend and a yield of 2.08%. Wyndham Hotels & Resorts’s dividend payout ratio is 53.90%.

Analysts Set New Price Targets

Several analysts have recently weighed in on the company. Robert W. Baird lifted their price objective on Wyndham Hotels & Resorts from $86.00 to $88.00 and gave the stock an “outperform” rating in a report on Friday, April 26th. Barclays lifted their price target on shares of Wyndham Hotels & Resorts from $87.00 to $88.00 and gave the stock an “overweight” rating in a research note on Friday, April 26th. Finally, StockNews.com assumed coverage on shares of Wyndham Hotels & Resorts in a research note on Sunday. They issued a “hold” rating for the company. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat, Wyndham Hotels & Resorts presently has an average rating of “Moderate Buy” and a consensus price target of $88.17.

Institutional Investors Weigh In On Wyndham Hotels & Resorts

A number of hedge funds have recently added to or reduced their stakes in the stock. Capital Research Global Investors increased 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 buying an additional 220,737 shares during the period. Wellington Management Group LLP raised its holdings 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 purchasing an additional 543,488 shares during the last quarter. FMR LLC lifted its position in Wyndham Hotels & Resorts by 2.7% during the 3rd quarter. FMR LLC now owns 2,492,340 shares of the company’s stock valued at $173,317,000 after purchasing an additional 64,925 shares during the period. Invesco Ltd. lifted its position in Wyndham Hotels & Resorts by 55.2% during the 3rd quarter. Invesco Ltd. now owns 1,337,980 shares of the company’s stock valued at $93,043,000 after purchasing an additional 475,682 shares during the period. Finally, Burgundy Asset Management Ltd. boosted its stake in shares of Wyndham Hotels & Resorts by 3.7% in the 4th quarter. Burgundy Asset Management Ltd. now owns 1,276,150 shares of the company’s stock valued at $102,615,000 after purchasing an additional 45,062 shares during the last quarter. Institutional investors own 93.46% of the company’s stock.

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.