Wyndham Hotels & Resorts, Inc. (NYSE:WH) Short Interest Update

Wyndham Hotels & Resorts, Inc. (NYSE:WH) saw a significant growth in short interest in May. As of May 31st, there was short interest totalling 1,900,000 shares, a growth of 20.3% from the May 15th total of 1,580,000 shares. Based on an average daily volume of 817,600 shares, the short-interest ratio is presently 2.3 days. Currently, 2.4% of the shares of the company are short sold.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. StockNews.com assumed coverage on Wyndham Hotels & Resorts in a research report on Friday. They set a “hold” rating on the stock. Barclays increased their price target on Wyndham Hotels & Resorts from $87.00 to $88.00 and gave the company an “overweight” rating in a report on Friday, April 26th. Finally, Robert W. Baird lifted their price objective on shares of Wyndham Hotels & Resorts from $86.00 to $88.00 and gave the stock an “outperform” rating in a research note on Friday, April 26th. One research analyst has rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $88.17.

Insider Activity at Wyndham Hotels & Resorts

In related news, CEO Geoffrey A. Ballotti sold 196,279 shares of the business’s stock in a transaction that occurred on Wednesday, May 1st. The stock was sold at an average price of $73.36, for a total transaction of $14,399,027.44. Following the completion of the transaction, the chief executive officer now directly owns 377,712 shares in the company, valued at approximately $27,708,952.32. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. In related news, CEO Geoffrey A. Ballotti sold 196,279 shares of the stock in a transaction dated Wednesday, May 1st. The stock was sold at an average price of $73.36, for a total transaction of $14,399,027.44. Following the completion of the sale, the chief executive officer now owns 377,712 shares in the company, valued at $27,708,952.32. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Michele Allen sold 1,264 shares of the company’s stock in a transaction that occurred on Friday, May 24th. The stock was sold at an average price of $69.46, for a total value of $87,797.44. Following the completion of the transaction, the chief financial officer now owns 24,997 shares of the company’s stock, valued at $1,736,291.62. The disclosure for this sale can be found here. Over the last three months, insiders have sold 206,933 shares of company stock worth $15,130,227. Corporate insiders own 2.79% of the company’s stock.

Institutional Investors Weigh In On Wyndham Hotels & Resorts

Several institutional investors have recently added to or reduced their stakes in the business. Allworth Financial LP grew its holdings in shares of Wyndham Hotels & Resorts by 62.6% during the fourth quarter. Allworth Financial LP now owns 395 shares of the company’s stock valued at $32,000 after buying an additional 152 shares during the last quarter. Chilton Capital Management LLC acquired a new stake in Wyndham Hotels & Resorts during the 4th quarter worth about $47,000. Covestor Ltd grew its stake in Wyndham Hotels & Resorts by 68.3% during the 3rd quarter. Covestor Ltd now owns 813 shares of the company’s stock valued at $57,000 after purchasing an additional 330 shares during the last quarter. TFO Wealth Partners LLC increased its holdings in shares of Wyndham Hotels & Resorts by 41,100.0% in the fourth quarter. TFO Wealth Partners LLC now owns 824 shares of the company’s stock valued at $66,000 after purchasing an additional 822 shares during the period. Finally, Concord Wealth Partners raised its stake in shares of Wyndham Hotels & Resorts by 70.8% in the first quarter. Concord Wealth Partners now owns 1,023 shares of the company’s stock worth $79,000 after purchasing an additional 424 shares during the last quarter. Institutional investors and hedge funds own 93.46% of the company’s stock.

Wyndham Hotels & Resorts Stock Down 0.3 %

Shares of NYSE WH traded down $0.25 during midday trading on Friday, reaching $72.25. 1,066,103 shares of the company’s stock traded hands, compared to its average volume of 747,269. The stock’s 50 day simple moving average is $71.60 and its 200-day simple moving average is $76.00. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 3.27. The company has a market cap of $5.82 billion, a price-to-earnings ratio of 25.62, a P/E/G ratio of 2.54 and a beta of 1.33. Wyndham Hotels & Resorts has a one year low of $65.54 and a one year high of $81.73.

Wyndham Hotels & Resorts (NYSE:WH) last issued its quarterly earnings data on Wednesday, April 24th. The company reported $0.78 earnings per share for the quarter, beating analysts’ consensus estimates of $0.75 by $0.03. The company had revenue of $305.00 million for the quarter, compared to the consensus estimate of $308.24 million. Wyndham Hotels & Resorts had a return on equity of 41.83% and a net margin of 17.19%. The firm’s revenue for the quarter was down 2.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.86 earnings per share. On average, analysts predict that Wyndham Hotels & Resorts will post 4.25 EPS for the current fiscal year.

Wyndham Hotels & Resorts Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, June 14th will be paid a dividend of $0.38 per share. The ex-dividend date of this dividend is Friday, June 14th. This represents a $1.52 annualized dividend and a yield of 2.10%. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is 53.90%.

Wyndham Hotels & Resorts Company Profile

Wyndham Hotels & Resorts, Inc operates as a hotel franchisor in the United States and internationally. It operates through Hotel Franchising and Hotel Management segments. The Hotel Franchising segment licenses its lodging brands and provides related services to third-party hotel owners and others.