Nicola Rossi Sells 303 Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) Stock

Wyndham Hotels & Resorts, Inc. (NYSE:WH) CAO Nicola Rossi sold 303 shares of the business’s stock in a transaction dated Monday, July 29th. The stock was sold at an average price of $76.78, for a total value of $23,264.34. Following the sale, the chief accounting officer now directly owns 3,804 shares of the company’s stock, valued at $292,071.12. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Nicola Rossi also recently made the following trade(s):

• On Friday, July 26th, Nicola Rossi sold 7,297 shares of Wyndham Hotels & Resorts stock. The stock was sold at an average price of $76.70, for a total transaction of $559,679.90.

Wyndham Hotels & Resorts Stock Up 1.5 %

Shares of Wyndham Hotels & Resorts stock traded up $1.14 during trading on Tuesday, reaching $78.23. The stock had a trading volume of 802,773 shares, compared to its average volume of 766,755. The company has a market capitalization of $6.18 billion, a price-to-earnings ratio of 27.34, a P/E/G ratio of 2.75 and a beta of 1.34. The stock has a fifty day moving average price of $72.48 and a two-hundred day moving average price of $74.74. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 3.83. Wyndham Hotels & Resorts, Inc. has a 52 week low of $65.63 and a 52 week high of $81.73.

Wyndham Hotels & Resorts (NYSE:WH) last announced its quarterly earnings data on Wednesday, July 24th. The company reported $1.13 EPS for the quarter, topping analysts’ consensus estimates of $1.03 by $0.10. The business had revenue of $367.00 million for the quarter, compared to analyst estimates of $370.58 million. Wyndham Hotels & Resorts had a net margin of 18.28% and a return on equity of 47.05%. The firm’s revenue for the quarter was up 1.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.93 earnings per share. Sell-side analysts predict that Wyndham Hotels & Resorts, Inc. will post 4.26 EPS for the current fiscal year.

Wyndham Hotels & Resorts Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Friday, June 14th were given a dividend of $0.38 per share. The ex-dividend date of this dividend was Friday, June 14th. This represents a $1.52 annualized dividend and a yield of 1.94%. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is presently 53.90%.

Hedge Funds Weigh In On Wyndham Hotels & Resorts

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Raymond James Financial Services Advisors Inc. grew its holdings in Wyndham Hotels & Resorts by 11.6% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 8,424 shares of the company’s stock worth $677,000 after purchasing an additional 875 shares during the period. Pacer Advisors Inc. increased its holdings in shares of Wyndham Hotels & Resorts by 114.5% during the 4th quarter. Pacer Advisors Inc. now owns 15,259 shares of the company’s stock worth $1,227,000 after acquiring an additional 8,145 shares during the last quarter. Assenagon Asset Management S.A. bought a new stake in Wyndham Hotels & Resorts in the 4th quarter valued at $2,011,000. GAM Holding AG acquired a new stake in Wyndham Hotels & Resorts during the 4th quarter valued at $322,000. Finally, International Assets Investment Management LLC boosted its position in Wyndham Hotels & Resorts by 7,941.0% during the fourth quarter. International Assets Investment Management LLC now owns 15,680 shares of the company’s stock worth $1,261,000 after purchasing an additional 15,485 shares during the period. 93.46% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research firms have commented on WH. Barclays lifted their target price on shares of Wyndham Hotels & Resorts from $88.00 to $90.00 and gave the stock an “overweight” rating in a report on Friday. Robert W. Baird upped their price objective on Wyndham Hotels & Resorts from $86.00 to $88.00 and gave the company an “outperform” rating in a report on Friday, April 26th. Susquehanna began coverage on Wyndham Hotels & Resorts in a report on Friday, June 21st. They set a “neutral” rating and a $80.00 target price on the stock. StockNews.com began coverage on Wyndham Hotels & Resorts in a research note on Saturday, June 22nd. They issued a “hold” rating for the company. Finally, Stifel Nicolaus cut their price target on shares of Wyndham Hotels & Resorts from $91.50 to $89.00 and set a “buy” rating on the stock in a research report on Thursday, July 25th. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $89.43.

About Wyndham Hotels & Resorts

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.