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

Wyndham Hotels & Resorts (NYSE:WH) insider Scott Strickland sold 969 shares of the business’s 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 sale, the insider owned 40,363 shares in the company, valued at $2,916,226.75. This represents a 2.34% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Wyndham Hotels & Resorts Stock Up 1.6%

NYSE WH traded up $1.19 on Wednesday, reaching $73.56. The stock had a trading volume of 1,226,843 shares, compared to its average volume of 1,047,737. 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 company has a market capitalization of $5.56 billion, a price-to-earnings ratio of 16.91, a P/E/G ratio of 1.87 and a beta of 0.77. The business has a 50 day moving average price of $74.85 and a 200 day moving average price of $81.35. Wyndham Hotels & Resorts has a 1 year low of $69.21 and a 1 year high of $113.07.

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

Wyndham Hotels & Resorts Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 30th. Stockholders of record on Monday, December 15th will be paid 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%.

Analysts Set New Price Targets

Several research analysts recently weighed in on WH shares. Morgan Stanley set a $91.00 price objective on shares of Wyndham Hotels & Resorts and gave the stock an “overweight” rating in a research note on Wednesday, October 22nd. Wells Fargo & Company began coverage on Wyndham Hotels & Resorts in a report on Tuesday, November 18th. They issued an “equal weight” rating and a $82.00 price objective for the company. Robert W. Baird dropped 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. Susquehanna decreased their target price on shares of Wyndham Hotels & Resorts from $95.00 to $80.00 and set a “neutral” rating for the company in a research note on Monday, October 27th. Finally, Zacks Research downgraded shares of Wyndham Hotels & Resorts from a “hold” rating to a “strong sell” rating in a report on Thursday, November 6th. Nine investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $94.63.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of WH. Capricorn Fund Managers Ltd purchased a new position in shares of Wyndham Hotels & Resorts during the second quarter valued at approximately $1,130,000. Entropy Technologies LP purchased a new stake in Wyndham Hotels & Resorts during the 1st quarter valued at $378,000. Element Capital Management LLC bought a new position in shares of Wyndham Hotels & Resorts during the 1st quarter valued at $2,683,000. Nuveen LLC purchased a new position in shares of Wyndham Hotels & Resorts in the 1st quarter worth $70,353,000. Finally, Charles Schwab Investment Management Inc. grew its holdings in shares of Wyndham Hotels & Resorts by 1.0% in the first quarter. Charles Schwab Investment Management Inc. now owns 740,217 shares of the company’s stock worth $66,997,000 after acquiring an additional 7,507 shares during the period. Hedge funds and other 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.