Wyndham Hotels & Resorts (NYSE:WH – Get Free Report) CEO Geoffrey Ballotti sold 19,295 shares of the firm’s stock in a transaction dated Thursday, October 15th. The stock was sold at an average price of $73.69, for a total value of $1,421,848.55. Following the sale, the chief executive officer directly owned 550,457 shares in the company, valued at approximately $40,563,176.33. This trade represents a 3.39% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Wyndham Hotels & Resorts Stock Up 0.9%
WH stock opened at $78.06 on Thursday. The firm has a market cap of $5.79 billion, a PE ratio of 28.70, a P/E/G ratio of 2.00 and a beta of 0.67. The company has a debt-to-equity ratio of 5.53, a quick ratio of 0.99 and a current ratio of 0.99. The firm’s fifty day moving average is $72.34 and its 200 day moving average is $77.88. Wyndham Hotels & Resorts has a one year low of $66.87 and a one year high of $90.35.
Wyndham Hotels & Resorts (NYSE:WH – Get Free Report) last released its quarterly earnings results on Wednesday, October 21st. The company reported $1.43 earnings per share for the quarter, topping analysts’ consensus estimates of $1.32 by $0.11. The company had revenue of $410.00 million during the quarter, compared to analysts’ expectations of $408.99 million. Wyndham Hotels & Resorts had a return on equity of 74.22% and a net margin of 14.67%. Wyndham Hotels & Resorts’s quarterly revenue was up 7.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.46 EPS. On average, research analysts forecast that Wyndham Hotels & Resorts will post 4.81 EPS for the current year.
Wyndham Hotels & Resorts Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th were given a $0.43 dividend. The ex-dividend date was Tuesday, September 15th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 2.2%. Wyndham Hotels & Resorts’s payout ratio is 63.24%.
Wyndham Hotels & Resorts announced that its board has approved a share buyback plan on Tuesday, September 29th that allows the company to repurchase $400.00 million in shares. This repurchase authorization allows the company to repurchase up to 7.6% of its shares through open market purchases. Stock repurchase plans are usually a sign that the company’s board believes its shares are undervalued.
Hedge Funds Weigh In On Wyndham Hotels & Resorts
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Fifth Third Wealth Advisors LLC lifted its holdings in Wyndham Hotels & Resorts by 4.4% in the 1st quarter. Fifth Third Wealth Advisors LLC now owns 3,043 shares of the company’s stock valued at $247,000 after purchasing an additional 129 shares in the last quarter. GAMMA Investing LLC boosted its stake in Wyndham Hotels & Resorts by 14.2% during the 2nd quarter. GAMMA Investing LLC now owns 1,858 shares of the company’s stock worth $156,000 after purchasing an additional 231 shares during the last quarter. State of Michigan Retirement System grew its holdings in shares of Wyndham Hotels & Resorts by 1.7% during the first quarter. State of Michigan Retirement System now owns 18,153 shares of the company’s stock worth $1,475,000 after buying an additional 300 shares in the last quarter. Oregon Public Employees Retirement Fund grew its holdings in shares of Wyndham Hotels & Resorts by 2.7% during the first quarter. Oregon Public Employees Retirement Fund now owns 15,472 shares of the company’s stock worth $1,257,000 after buying an additional 400 shares in the last quarter. Finally, Continuum Advisory LLC purchased a new stake in shares of Wyndham Hotels & Resorts during the second quarter worth $36,000. Hedge funds and other institutional investors own 93.46% of the company’s stock.
Wall Street Analyst Weigh In
WH has been the topic of a number of recent analyst reports. Truist Financial decreased their target price on Wyndham Hotels & Resorts from $107.00 to $104.00 and set a “buy” rating on the stock in a research report on Thursday, September 10th. Morgan Stanley boosted their price target on shares of Wyndham Hotels & Resorts from $91.00 to $92.00 and gave the stock an “overweight” rating in a report on Monday, October 12th. Barclays cut their price target on shares of Wyndham Hotels & Resorts from $104.00 to $102.00 and set an “overweight” rating for the company in a report on Monday, July 20th. Wells Fargo & Company upped their price objective on shares of Wyndham Hotels & Resorts from $96.00 to $98.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 16th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Wyndham Hotels & Resorts in a report on Friday, October 2nd. Nine investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $95.08.
Check Out Our Latest Stock Analysis on WH
Key Headlines Impacting Wyndham Hotels & Resorts
Here are the key news stories impacting Wyndham Hotels & Resorts this week:
- Positive Sentiment: Quarterly earnings beat expectations: Wyndham reported third-quarter adjusted EPS of $1.43, exceeding the $1.32 analyst consensus, while revenue of $410 million modestly topped estimates of $408.87 million. Earnings were slightly below the $1.46 reported a year earlier, but the estimate beat supported the positive market reaction. Wyndham Hotels Q3 Earnings Surpass Estimates
- Positive Sentiment: Full-year outlook raised: Management increased its 2026 forecasts for global RevPAR growth, adjusted EBITDA and adjusted diluted EPS, now expecting adjusted EPS of $4.84 to $4.92. The full-year revenue outlook remained $1.48 billion to $1.50 billion. Wyndham Hotels Reports Strong Third Quarter Results
- Positive Sentiment: U.S. operating trends were favorable: U.S. RevPAR rose 6% year over year, while Wyndham’s system expanded 4%. The company also returned $123 million to shareholders through $91 million of share repurchases and $32 million in dividends. Wyndham Reports Third-Quarter Revenue as U.S. RevPAR Rises
- Neutral Sentiment: International performance was mixed: Global RevPAR increased 2% in constant currency, but international RevPAR declined 3%. Adjusted EBITDA fell to $207 million from $213 million, and net income decreased 6% to $99 million.
- Negative Sentiment: CEO stock sale may weigh modestly on sentiment: CEO Geoffrey Ballotti sold 19,295 shares for approximately $1.42 million under a pre-arranged Rule 10b5-1 trading plan. Because the sale was planned and he retained more than 550,000 shares, it is a limited negative signal. Wyndham CEO Sells Shares
Wyndham Hotels & Resorts Company Profile
Wyndham Hotels & Resorts, Inc is a global hotel franchising company that operates an asset-light lodging business. Rather than owning and managing most of its hotels, the company licenses its brands and provides franchisees with support in areas such as marketing, reservations, technology, training and operational standards.
Its portfolio includes a range of economy, midscale and upscale hotel brands, including Super 8, Days Inn, Ramada, La Quinta, Microtel, Baymont, Wingate, AmericInn, Wyndham, Wyndham Garden, Registry Collection Hotels and ECHO Suites Extended Stay by Wyndham.
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