Wyndham Hotels & Resorts (NYSE:WH) Insider Sells $70,010.25 in Stock

Wyndham Hotels & Resorts (NYSE:WH) insider Scott Strickland sold 969 shares of the business’s stock in a transaction on Monday, December 8th. The stock was sold at an average price of $72.25, for a total transaction of $70,010.25. Following the completion of the sale, the insider owned 40,363 shares of the company’s stock, valued at $2,916,226.75. The trade was a 2.34% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Wyndham Hotels & Resorts Stock Performance

NYSE:WH opened at $76.81 on Friday. The firm has a market capitalization of $5.80 billion, a PE ratio of 17.66, a PEG ratio of 1.98 and a beta of 0.77. Wyndham Hotels & Resorts has a 1 year low of $69.21 and a 1 year high of $113.07. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 4.43. The firm’s fifty day simple moving average is $74.51 and its 200 day simple moving average is $81.21.

Wyndham Hotels & Resorts (NYSE:WH) last released its quarterly earnings results on Wednesday, October 22nd. The company reported $1.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.42 by $0.04. The company had revenue of $382.00 million during the quarter, compared to analysts’ expectations of $406.29 million. Wyndham Hotels & Resorts had a net margin of 23.54% and a return on equity of 61.12%. The business’s quarterly revenue was down 3.5% compared to the same quarter last year. During the same period in the prior year, the company earned $1.39 earnings per share. Wyndham Hotels & Resorts has set its FY 2025 guidance at 4.480-4.62 EPS. On average, sell-side analysts anticipate that Wyndham Hotels & Resorts will post 4.79 EPS for the current year.

Wyndham Hotels & Resorts Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 30th. Shareholders of record on Monday, December 15th will be issued a $0.41 dividend. The ex-dividend date of this dividend is Monday, December 15th. This represents a $1.64 dividend on an annualized basis and a yield of 2.1%. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is 37.70%.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the company. Boston Partners grew its position in Wyndham Hotels & Resorts by 9.1% during the 2nd quarter. Boston Partners now owns 3,130,373 shares of the company’s stock worth $254,449,000 after acquiring an additional 261,530 shares during the last quarter. Burgundy Asset Management Ltd. boosted its stake in Wyndham Hotels & Resorts by 4.1% in the second quarter. Burgundy Asset Management Ltd. now owns 2,465,968 shares of the company’s stock worth $200,261,000 after purchasing an additional 96,507 shares in the last quarter. Champlain Investment Partners LLC boosted its stake in Wyndham Hotels & Resorts by 352.8% in the third quarter. Champlain Investment Partners LLC now owns 2,212,717 shares of the company’s stock worth $176,796,000 after purchasing an additional 1,724,091 shares in the last quarter. Capital International Investors grew its holdings in shares of Wyndham Hotels & Resorts by 77.1% during the third quarter. Capital International Investors now owns 1,755,465 shares of the company’s stock worth $140,262,000 after purchasing an additional 764,312 shares during the last quarter. Finally, Thrivent Financial for Lutherans increased its stake in shares of Wyndham Hotels & Resorts by 9.3% in the third 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 Ratings Changes

A number of research analysts have recently commented on the company. Barclays cut their price target on Wyndham Hotels & Resorts from $99.00 to $95.00 and set an “overweight” rating for the company in a report on Friday, October 24th. Truist Financial set a $98.00 target price on shares of Wyndham Hotels & Resorts in a research report on Friday, October 24th. Zacks Research downgraded shares of Wyndham Hotels & Resorts from a “hold” rating to a “strong sell” rating in a report on Thursday, November 6th. Stifel Nicolaus dropped their price objective on shares of Wyndham Hotels & Resorts from $103.50 to $95.50 and set a “buy” rating on the stock in a report on Thursday, October 23rd. Finally, Wells Fargo & Company assumed coverage on shares of Wyndham Hotels & Resorts in a research note on Tuesday, November 18th. They set an “equal weight” rating and a $82.00 price target on the stock. Nine analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Wyndham Hotels & Resorts currently has a consensus rating of “Moderate Buy” and an average target price of $94.63.

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.