Insider Selling: Wyndham Hotels & Resorts, Inc. (NYSE:WH) CAO Sells $23,264.34 in Stock

Wyndham Hotels & Resorts, Inc. (NYSE:WH) CAO Nicola Rossi sold 303 shares of the stock in a transaction that occurred on Monday, July 29th. The shares were sold at an average price of $76.78, for a total value of $23,264.34. Following the sale, the chief accounting officer now owns 3,804 shares of the company’s stock, valued at approximately $292,071.12. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Nicola Rossi also recently made the following trade(s):

• On Friday, July 26th, Nicola Rossi sold 7,297 shares of Wyndham Hotels & Resorts stock. The shares were sold at an average price of $76.70, for a total value of $559,679.90.

Wyndham Hotels & Resorts Trading Down 1.0 %

Wyndham Hotels & Resorts stock opened at $74.93 on Friday. The business has a 50 day moving average price of $72.73 and a two-hundred day moving average price of $74.74. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 3.83. The stock has a market cap of $5.92 billion, a price-to-earnings ratio of 26.57, a price-to-earnings-growth ratio of 2.62 and a beta of 1.34. Wyndham Hotels & Resorts, Inc. has a 12 month low of $65.63 and a 12 month high of $81.73.

Wyndham Hotels & Resorts (NYSE:WH) last issued its earnings results on Wednesday, July 24th. The company reported $1.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 analysts’ expectations of $370.58 million. During the same period in the prior year, the firm posted $0.93 EPS. Wyndham Hotels & Resorts’s quarterly revenue was up 1.4% compared to the same quarter last year. As a group, equities analysts forecast that Wyndham Hotels & Resorts, Inc. will post 4.27 EPS for the current year.

Wyndham Hotels & Resorts Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Friday, June 14th were issued a $0.38 dividend. The ex-dividend date was Friday, June 14th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 2.03%. Wyndham Hotels & Resorts’s payout ratio is presently 53.90%.

Hedge Funds Weigh In On Wyndham Hotels & Resorts

A number of hedge funds have recently modified their holdings of the stock. Allegheny Financial Group LTD raised its holdings in shares of Wyndham Hotels & Resorts by 24.9% in the 2nd quarter. Allegheny Financial Group LTD now owns 4,649 shares of the company’s stock worth $344,000 after buying an additional 928 shares in the last quarter. Natixis Advisors LLC raised its holdings in shares of Wyndham Hotels & Resorts by 148.0% in the 2nd quarter. Natixis Advisors LLC now owns 25,074 shares of the company’s stock worth $1,855,000 after buying an additional 14,964 shares in the last quarter. Van ECK Associates Corp raised its holdings in shares of Wyndham Hotels & Resorts by 109.7% in the 2nd quarter. Van ECK Associates Corp now owns 62,632 shares of the company’s stock worth $4,635,000 after buying an additional 32,769 shares in the last quarter. International Assets Investment Management LLC acquired a new stake in Wyndham Hotels & Resorts during the 2nd quarter valued at $70,000. Finally, iA Global Asset Management Inc. increased its holdings in Wyndham Hotels & Resorts by 3.1% during the 2nd quarter. iA Global Asset Management Inc. now owns 13,411 shares of the company’s stock valued at $992,000 after purchasing an additional 407 shares in the last quarter. 93.46% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Robert W. Baird increased their target price on Wyndham Hotels & Resorts from $86.00 to $88.00 and gave the company an “outperform” rating in a research note on Friday, April 26th. Truist Financial decreased their target price on 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. Susquehanna assumed coverage on Wyndham Hotels & Resorts in a research note on Friday, June 21st. They set a “neutral” rating and a $80.00 target price for the company. StockNews.com started coverage on Wyndham Hotels & Resorts in a research note on Saturday, June 22nd. They set a “hold” rating for the company. Finally, Barclays upped their price target on Wyndham Hotels & Resorts from $88.00 to $90.00 and gave the company an “overweight” rating in a report on Friday, July 26th. Two analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average 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.