Wyndham Hotels & Resorts Inc (NYSE:WH) CFO Buys $100,740.00 in Stock

Wyndham Hotels & Resorts Inc (NYSE:WH) CFO David B. Wyshner acquired 2,000 shares of Wyndham Hotels & Resorts stock in a transaction that occurred on Friday, August 16th. The stock was acquired at an average price of $50.37 per share, with a total value of $100,740.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Shares of NYSE:WH opened at $50.73 on Thursday. The stock has a market capitalization of $4.82 billion, a price-to-earnings ratio of 18.72, a PEG ratio of 1.30 and a beta of 1.03. The company has a debt-to-equity ratio of 1.62, a quick ratio of 1.24 and a current ratio of 1.24. The stock’s 50-day simple moving average is $56.69 and its two-hundred day simple moving average is $54.37. Wyndham Hotels & Resorts Inc has a 52-week low of $43.03 and a 52-week high of $61.49.

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

The company also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Friday, September 13th will be given a $0.29 dividend. The ex-dividend date of this dividend is Thursday, September 12th. This represents a $1.16 annualized dividend and a yield of 2.29%. Wyndham Hotels & Resorts’s payout ratio is 42.80%.

A number of large investors have recently made changes to their positions in WH. Royal Bank of Canada increased its stake in Wyndham Hotels & Resorts by 1,406.9% in the 2nd quarter. Royal Bank of Canada now owns 20,222 shares of the company’s stock worth $1,128,000 after acquiring an additional 18,880 shares during the last quarter. Verition Fund Management LLC increased its stake in Wyndham Hotels & Resorts by 62.7% in the 2nd quarter. Verition Fund Management LLC now owns 10,665 shares of the company’s stock worth $594,000 after acquiring an additional 4,108 shares during the last quarter. Ladenburg Thalmann Financial Services Inc. increased its stake in Wyndham Hotels & Resorts by 82.5% in the 2nd quarter. Ladenburg Thalmann Financial Services Inc. now owns 7,374 shares of the company’s stock worth $411,000 after acquiring an additional 3,334 shares during the last quarter. Prestige Wealth Management Group LLC bought a new stake in Wyndham Hotels & Resorts in the 2nd quarter worth approximately $39,000. Finally, Nuveen Asset Management LLC bought a new stake in Wyndham Hotels & Resorts in the 2nd quarter worth approximately $26,401,000. 87.62% of the stock is currently owned by institutional investors and hedge funds.

Several equities research analysts recently commented on WH shares. Bank of America started coverage on Wyndham Hotels & Resorts in a report on Wednesday, June 12th. They issued a “buy” rating and a $62.00 price objective for the company. Robert W. Baird started coverage on Wyndham Hotels & Resorts in a report on Wednesday. They issued an “outperform” rating for the company. Barclays started coverage on Wyndham Hotels & Resorts in a report on Tuesday, July 2nd. They issued an “overweight” rating and a $72.00 price objective for the company. Stifel Nicolaus set a $65.00 price objective on Wyndham Hotels & Resorts and gave the stock a “buy” rating in a report on Friday, August 16th. Finally, Zacks Investment Research downgraded Wyndham Hotels & Resorts from a “buy” rating to a “hold” rating in a report on Thursday, August 15th. One equities research analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $68.14.

About Wyndham Hotels & Resorts

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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