Wyndham Hotels & Resorts, Inc. (NYSE:WH) CFO Michele Allen Sells 15,000 Shares

Wyndham Hotels & Resorts, Inc. (NYSE:WH - Get Free Report) CFO Michele Allen sold 15,000 shares of the firm's stock in a transaction that occurred on Friday, October 25th. The stock was sold at an average price of $89.99, for a total value of $1,349,850.00. Following the transaction, the chief financial officer now owns 10,056 shares of the company's stock, valued at $904,939.44. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Wyndham Hotels & Resorts Trading Up 0.7 %

Shares of WH stock traded up $0.61 on Friday, reaching $90.63. 1,355,767 shares of the stock were exchanged, compared to its average volume of 751,798. The company has a debt-to-equity ratio of 3.83, a current ratio of 0.90 and a quick ratio of 0.90. Wyndham Hotels & Resorts, Inc. has a one year low of $67.67 and a one year high of $91.93. The stock has a market cap of $7.30 billion, a PE ratio of 32.14, a P/E/G ratio of 3.00 and a beta of 1.33. The stock has a 50 day moving average price of $79.29 and a 200 day moving average price of $74.98.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last announced its quarterly earnings data on Wednesday, October 23rd. The company reported $1.39 earnings per share for the quarter, topping the consensus estimate of $1.38 by $0.01. The firm had revenue of $396.00 million during the quarter, compared to analysts' expectations of $408.32 million. Wyndham Hotels & Resorts had a return on equity of 47.05% and a net margin of 18.28%. The company's quarterly revenue was down 1.5% compared to the same quarter last year. During the same period in the previous year, the business posted $1.31 EPS. Equities research analysts forecast that Wyndham Hotels & Resorts, Inc. will post 4.26 EPS for the current fiscal year.

Wyndham Hotels & Resorts Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Friday, September 13th were paid a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.68%. The ex-dividend date of this dividend was Friday, September 13th. Wyndham Hotels & Resorts's dividend payout ratio (DPR) is currently 53.90%.

Institutional Investors Weigh In On Wyndham Hotels & Resorts

A number of institutional investors have recently made changes to their positions in the stock. GAMMA Investing LLC increased its stake in Wyndham Hotels & Resorts by 80.9% in the second quarter. GAMMA Investing LLC now owns 463 shares of the company's stock valued at $34,000 after purchasing an additional 207 shares in the last quarter. Concord Wealth Partners increased its position in shares of Wyndham Hotels & Resorts by 115.5% in the 3rd quarter. Concord Wealth Partners now owns 543 shares of the company's stock valued at $42,000 after buying an additional 291 shares in the last quarter. Blue Trust Inc. raised its stake in Wyndham Hotels & Resorts by 1,245.1% during the 2nd quarter. Blue Trust Inc. now owns 686 shares of the company's stock worth $53,000 after buying an additional 635 shares during the period. Family Firm Inc. bought a new position in Wyndham Hotels & Resorts during the second quarter worth about $67,000. Finally, International Assets Investment Management LLC acquired a new position in Wyndham Hotels & Resorts in the second quarter valued at about $70,000. 93.46% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages recently issued reports on WH. StockNews.com upgraded shares of Wyndham Hotels & Resorts from a "sell" rating to a "hold" rating in a research report on Tuesday. Barclays raised their price objective on shares of Wyndham Hotels & Resorts from $90.00 to $100.00 and gave the stock an "overweight" rating in a report on Friday. Stifel Nicolaus boosted their target price on Wyndham Hotels & Resorts from $91.00 to $92.00 and gave the stock a "buy" rating in a report on Thursday. Truist Financial lifted their price objective on Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the company a "buy" rating in a research report on Friday. Finally, Robert W. Baird increased their target price on Wyndham Hotels & Resorts from $92.00 to $97.00 and gave the stock an "outperform" rating in a report on Friday. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $94.00.

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.