Geoffrey Ballotti Sells 18,516 Shares of Wyndham Hotels & Resorts (NYSE:WH) Stock

Wyndham Hotels & Resorts (NYSE:WHGet Free Report) CEO Geoffrey Ballotti sold 18,516 shares of the stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $80.79, for a total transaction of $1,495,907.64. Following the completion of the transaction, the chief executive officer owned 548,308 shares of the company’s stock, valued at approximately $44,297,803.32. The trade was a 3.27% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Wyndham Hotels & Resorts Stock Performance

WH stock opened at $84.27 on Friday. The stock’s 50 day simple moving average is $82.64 and its 200 day simple moving average is $79.56. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 5.88. Wyndham Hotels & Resorts has a 12-month low of $69.21 and a 12-month high of $92.68. The stock has a market capitalization of $6.31 billion, a PE ratio of 33.84, a price-to-earnings-growth ratio of 2.25 and a beta of 0.62.

Wyndham Hotels & Resorts (NYSE:WHGet Free Report) last released its earnings results on Wednesday, April 29th. The company reported $0.96 earnings per share for the quarter, beating the consensus estimate of $0.85 by $0.11. The company had revenue of $327.00 million for the quarter, compared to the consensus estimate of $321.97 million. Wyndham Hotels & Resorts had a return on equity of 69.44% and a net margin of 13.40%.Wyndham Hotels & Resorts’s quarterly revenue was up 3.5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.86 earnings per share. Wyndham Hotels & Resorts has set its FY 2026 guidance at 4.620-4.800 EPS. As a group, research analysts forecast that Wyndham Hotels & Resorts will post 4.83 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be given a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend is Monday, June 15th. Wyndham Hotels & Resorts’s payout ratio is presently 69.08%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in WH. Capital Research Global Investors boosted its stake in Wyndham Hotels & Resorts by 4.8% in the 4th quarter. Capital Research Global Investors now owns 8,205,818 shares of the company’s stock worth $620,032,000 after purchasing an additional 375,892 shares during the period. T. Rowe Price Investment Management Inc. raised its position in shares of Wyndham Hotels & Resorts by 12.7% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 5,188,239 shares of the company’s stock valued at $392,024,000 after buying an additional 583,967 shares during the last quarter. Norges Bank purchased a new position in shares of Wyndham Hotels & Resorts in the fourth quarter worth $219,462,000. Morgan Stanley lifted its holdings in shares of Wyndham Hotels & Resorts by 49.0% in the fourth quarter. Morgan Stanley now owns 2,872,466 shares of the company’s stock worth $217,044,000 after buying an additional 944,562 shares in the last quarter. Finally, Bank of Montreal Can boosted its position in shares of Wyndham Hotels & Resorts by 14,200.0% during the fourth quarter. Bank of Montreal Can now owns 2,562,843 shares of the company’s stock worth $193,648,000 after acquiring an additional 2,544,921 shares during the last quarter. 93.46% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts have commented on the stock. The Goldman Sachs Group restated a “neutral” rating and set a $87.00 target price on shares of Wyndham Hotels & Resorts in a research note on Friday, February 20th. JPMorgan Chase & Co. upped their price target on shares of Wyndham Hotels & Resorts from $99.00 to $100.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 21st. Mizuho increased their price objective on shares of Wyndham Hotels & Resorts from $97.00 to $108.00 and gave the stock an “outperform” rating in a research note on Friday, February 20th. Weiss Ratings restated a “hold (c)” rating on shares of Wyndham Hotels & Resorts in a research report on Friday, April 10th. Finally, Barclays lifted their target price on shares of Wyndham Hotels & Resorts from $98.00 to $104.00 and gave the company an “overweight” rating in a research note on Thursday, April 16th. Eight investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, Wyndham Hotels & Resorts presently has an average rating of “Moderate Buy” and a consensus target price of $96.27.

Read Our Latest Report on Wyndham Hotels & Resorts

Wyndham Hotels & Resorts Company Profile

(Get Free Report)

Wyndham Hotels & Resorts, Inc (NYSE: WH) is a leading global hospitality company specializing in hotel franchising and management. Established in 2018 through the spin-off of Wyndham Hotel Group from Wyndham Worldwide, the company focuses on the development, marketing and distribution of hotel brands designed to meet the needs of business and leisure travelers. Its core business model centers on franchising agreements, enabling third-party hotel owners to operate under the Wyndham portfolio while accessing the company’s centralized services and support.

The company’s brand portfolio spans economy, midscale and upper-midscale segments, featuring well-known names such as Wyndham, Ramada, Days Inn, Super 8, Microtel Inn & Suites, and La Quinta by Wyndham.

See Also

Receive News & Ratings for Wyndham Hotels & Resorts Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wyndham Hotels & Resorts and related companies with MarketBeat.com's FREE daily email newsletter.