Wyndham Hotels & Resorts Inc (NYSE:WH) Insider Purchases $502,600.00 in Stock

Wyndham Hotels & Resorts Inc (NYSE:WH) insider Geoffrey A. Ballotti bought 10,000 shares of the business’s stock in a transaction that occurred on Friday, August 16th. The shares were bought at an average cost of $50.26 per share, for a total transaction of $502,600.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Shares of Wyndham Hotels & Resorts stock opened at $50.73 on Thursday. The business’s fifty day simple moving average is $56.69 and its 200 day simple moving average is $54.37. The firm has a market capitalization of $4.82 billion, a P/E ratio of 18.72, a price-to-earnings-growth ratio of 1.30 and a beta of 1.03. Wyndham Hotels & Resorts Inc has a 12 month low of $43.03 and a 12 month high of $61.49. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 1.62.

Wyndham Hotels & Resorts (NYSE:WH) last issued its quarterly earnings results on Thursday, July 25th. The company reported $0.84 EPS for the quarter, topping the Zacks’ consensus estimate of $0.80 by $0.04. The business had revenue of $533.00 million for the quarter, compared to analyst estimates of $532.61 million. Wyndham Hotels & Resorts had a return on equity of 19.91% and a net margin of 6.94%. Wyndham Hotels & Resorts’s quarterly revenue was up 22.5% compared to the same quarter last year. During the same period last year, the company posted $0.73 earnings per share. Analysts predict that Wyndham Hotels & Resorts Inc will post 3.19 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Friday, September 13th will be issued a dividend of $0.29 per share. The ex-dividend date of this dividend is Thursday, September 12th. This represents a $1.16 dividend on an annualized basis and a yield of 2.29%. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is currently 42.80%.

WH has been the topic of several analyst reports. Stifel Nicolaus set a $65.00 target price on Wyndham Hotels & Resorts and gave the company a “buy” rating in a research report on Friday, August 16th. Bank of America initiated coverage on Wyndham Hotels & Resorts in a research report on Wednesday, June 12th. They set a “buy” rating and a $62.00 target price on the stock. Robert W. Baird initiated coverage on Wyndham Hotels & Resorts in a research report on Wednesday. They set an “outperform” rating on the stock. Barclays initiated coverage on Wyndham Hotels & Resorts in a research report on Tuesday, July 2nd. They set an “overweight” rating and a $72.00 target price on the stock. Finally, Zacks Investment Research cut Wyndham Hotels & Resorts from a “buy” rating to a “hold” rating in a research report on Thursday, August 15th. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Wyndham Hotels & Resorts presently has an average rating of “Buy” and an average price target of $68.14.

A number of institutional investors have recently modified their holdings of WH. Invesco Ltd. lifted its holdings in Wyndham Hotels & Resorts by 114.7% during the second quarter. Invesco Ltd. now owns 1,268,421 shares of the company’s stock worth $70,702,000 after acquiring an additional 677,607 shares during the period. Point72 Asset Management L.P. bought a new stake in Wyndham Hotels & Resorts during the second quarter worth $29,691,000. Nuveen Asset Management LLC bought a new stake in Wyndham Hotels & Resorts during the second quarter worth $26,401,000. JPMorgan Chase & Co. lifted its holdings in Wyndham Hotels & Resorts by 12.9% during the second quarter. JPMorgan Chase & Co. now owns 2,591,788 shares of the company’s stock worth $144,881,000 after acquiring an additional 295,411 shares during the period. Finally, Spears Abacus Advisors LLC bought a new stake in Wyndham Hotels & Resorts during the second quarter worth $15,476,000. Institutional investors and hedge funds own 87.62% of the company’s stock.

Wyndham Hotels & Resorts Company Profile

Wyndham Hotels & Resorts, Inc operates as a hotel franchisor worldwide. The company licenses its hotel brands, including Super 8, Days Inn, Ramada, Microtel Inn & Suites, La Quinta, Wingate, AmericInn, Hawthorn Suites, The Trademark Collection, and Wyndham to hotel owners in approximately 80 countries.

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Insider Buying and Selling by Quarter for Wyndham Hotels & Resorts (NYSE:WH)

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