Wyndham Hotels & Resorts (NYSE:WH) Insider Scott Strickland Sells 969 Shares of Stock

Wyndham Hotels & Resorts (NYSE:WH) insider Scott Strickland sold 969 shares of Wyndham Hotels & Resorts stock in a transaction that occurred on Monday, December 8th. The shares were 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. This trade represents a 2.34% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Wyndham Hotels & Resorts Trading Up 2.0%

NYSE:WH traded up $1.48 during trading hours on Thursday, reaching $75.00. 43,690 shares of the stock were exchanged, compared to its average volume of 1,043,412. Wyndham Hotels & Resorts has a twelve month low of $69.21 and a twelve month high of $113.07. The business has a 50-day moving average of $74.71 and a two-hundred day moving average of $81.30. The company has a market capitalization of $5.67 billion, a price-to-earnings ratio of 17.22, a PEG ratio of 1.89 and a beta of 0.77. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 4.43.

Wyndham Hotels & Resorts (NYSE:WH) last posted its quarterly earnings data 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. Wyndham Hotels & Resorts had a return on equity of 61.12% and a net margin of 23.54%.The firm had revenue of $382.00 million for the quarter, compared to the consensus estimate of $406.29 million. During the same quarter in the previous year, the business earned $1.39 EPS. The company’s quarterly revenue was down 3.5% compared to the same quarter last year. Wyndham Hotels & Resorts has set its FY 2025 guidance at 4.480-4.62 EPS. On average, equities analysts predict that Wyndham Hotels & Resorts will post 4.79 EPS for the current year.

Wyndham Hotels & Resorts Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 30th. Investors of record on Monday, December 15th will be issued a $0.41 dividend. The ex-dividend date is Monday, December 15th. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.2%. Wyndham Hotels & Resorts’s payout ratio is 37.70%.

Analyst Ratings Changes

A number of equities research analysts have issued reports on WH shares. Wall Street Zen upgraded shares of Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a report on Sunday. Mizuho started coverage on Wyndham Hotels & Resorts in a research report on Wednesday, December 3rd. They set a “neutral” rating and a $71.00 price objective on the stock. Robert W. Baird reduced their price objective on Wyndham Hotels & Resorts from $93.00 to $89.00 and set an “outperform” rating on the stock in a research note on Tuesday, October 28th. Barclays decreased their target price 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. Finally, Zacks Research cut Wyndham Hotels & Resorts from a “hold” rating to a “strong sell” rating in a research note on Thursday, November 6th. Nine equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Wyndham Hotels & Resorts presently has a consensus rating of “Moderate Buy” and an average target price of $94.63.

Institutional Trading of Wyndham Hotels & Resorts

Several hedge funds and other institutional investors have recently modified their holdings of WH. Champlain Investment Partners LLC boosted its stake in shares of 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 valued at $176,796,000 after buying an additional 1,724,091 shares during the period. Norges Bank bought a new position in Wyndham Hotels & Resorts in the second quarter valued at about $109,337,000. Long Pond Capital LP raised its holdings in Wyndham Hotels & Resorts by 545.8% in the 2nd quarter. Long Pond Capital LP now owns 1,505,781 shares of the company’s stock valued at $122,284,000 after buying an additional 1,272,628 shares during the last quarter. Nuveen LLC acquired a new position in shares of Wyndham Hotels & Resorts during the first quarter worth $70,353,000. Finally, Capital International Investors grew its position in shares of Wyndham Hotels & Resorts by 77.1% in 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 during the last quarter. Institutional investors own 93.46% of the company’s stock.

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.