Wyndham Hotels & Resorts, Inc. (NYSE: WH) Chief Financial Officer Michele Allen sold 28,089 shares of the company in a transaction dated Thursday, November 18. The stock was sold for an average price of $ 87.21, for a total value of $ 2,449,641.69. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
NYSE: WH traded at $ 1.22 during trading hours Monday, reaching $ 86.24. 32,278 shares of the company traded hands, compared to its average volume of 661,947. The company’s 50-day moving average is $ 81.29 and its 200-day moving average is $ 75.52 . The stock has a market cap of $ 8.04 billion, a P / E ratio of 43.12 and a beta of 1.67. The company has a debt to equity ratio of 1.84, a current ratio of 1.60, and a quick ratio of 1.60. Wyndham Hotels & Resorts, Inc. has a one-year low at $ 53.58 and a one-year high at $ 89.48.
Wyndham Hotels & Resorts (NYSE: WH) last reported its results on Wednesday, October 27. The company reported EPS of $ 1.16 for the quarter, beating analyst consensus estimates of $ 0.91 by $ 0.25. The company posted revenue of $ 463.00 million for the quarter, compared to $ 462.81 million expected by analysts. Wyndham Hotels & Resorts reported a return on equity of 23.01% and a net margin of 12.81%. Wyndham Hotels & Resorts quarterly revenue increased 37.4% year-over-year. In the same quarter of the previous year, the company achieved EPS of $ 0.36. As a group, research analysts predict that Wyndham Hotels & Resorts, Inc. will post earnings per share of 2.98 for the current year.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 29. Shareholders of record on Wednesday, December 15 will receive a dividend of $ 0.32 per share. This represents a dividend of $ 1.28 on an annualized basis and a return of 1.48%. The ex-dividend date is Tuesday, December 14. This is a boost from Wyndham Hotels & Resorts’ previous quarterly dividend of $ 0.24. Wyndham Hotels & Resorts’ dividend payout ratio is 48.00%.
A number of large investors have recently changed their positions in WH. First Trust Advisors LP acquired a new equity interest in Wyndham Hotels & Resorts during the first quarter valued at $ 534,000. Stifel Financial Corp increased its holdings of shares of Wyndham Hotels & Resorts by 11.2% in the first quarter. Stifel Financial Corp now owns 7,675 shares of the company valued at $ 536,000 after purchasing 776 additional shares in the last quarter. Price T Rowe Associates Inc. MD increased its holdings of Wyndham Hotels & Resorts shares by 7.7% during the first quarter. Price T Rowe Associates Inc. MD now owns 71,162 shares of the company valued at $ 4,966,000 after purchasing an additional 5,062 shares in the last quarter. AQR Capital Management LLC acquired a new equity interest in Wyndham Hotels & Resorts during the first quarter valued at $ 964,000. Finally, Eaton Vance Management increased its stake in Wyndham Hotels & Resorts shares by 2,036.1% during the first quarter. Eaton Vance Management now owns 416,897 shares of the company valued at $ 29,091,000 after purchasing an additional 397,380 shares during the last quarter. Hedge funds and other institutional investors hold 93.12% of the company’s shares.
WH has been the subject of a number of research analyst reports. TheStreet downgraded Wyndham Hotels & Resorts from a âcâ rating to a âbâ rating in a research report released on Friday, July 30. Truist Securities raised its price target for Wyndham Hotels & Resorts from $ 83.00 to $ 91.00 and gave the company a “buy” rating in a research note on Friday, October 29. Truist raised its target price on Wyndham Hotels & Resorts from $ 83.00 to $ 91.00 and gave the stock a “buy” rating in a research note on Friday, October 29. Zacks investment research upgraded Wyndham Hotels & Resorts from a âconservationâ rating to a âbuyâ rating and set a target price of $ 95.00 for the company in a research note on Wednesday, November 3. Finally, Loop Capital began covering Wyndham Hotels & Resorts in a research note on Tuesday, October 5. They set a âbuyâ rating and a target price of $ 99.00 for the company. Eight equity research analysts rated the stock with a buy rating. According to MarketBeat, the stock has a consensus rating of âBuyâ and an average target price of $ 87.38.
Wyndham Hotels & Resorts Company Profile
Wyndham Hotels & Resorts, Inc. engages in the franchise and operation of hotels under the Wyndham brand. It operates through the following segments: Hotel franchise and hotel management. The Hotel Franchise segment licenses brand names and associated brands to hotel owners under long-term franchise agreements.
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