Shares of Wyndham Hotels & Resorts (NYSE:WH – Get Free Report) hit a new 52-week low on Monday following insider selling activity. The company traded as low as $70.45 and last traded at $70.5020, with a volume of 123988 shares traded. The stock had previously closed at $72.08.
Specifically, General Counsel Paul F. Cash sold 36,379 shares of the company’s stock in a transaction dated Friday, November 14th. The shares were sold at an average price of $71.66, for a total transaction of $2,606,919.14. Following the completion of the sale, the general counsel directly owned 39,123 shares of the company’s stock, valued at approximately $2,803,554.18. This represents a 48.18% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
Analyst Ratings Changes
WH has been the topic of a number of recent analyst reports. Barclays cut their price target on shares of Wyndham Hotels & Resorts from $99.00 to $95.00 and set an “overweight” rating on the stock in a report on Friday, October 24th. Morgan Stanley set a $91.00 target price on Wyndham Hotels & Resorts and gave the company an “overweight” rating in a research note on Wednesday, October 22nd. Weiss Ratings reiterated a “hold (c+)” rating on shares of Wyndham Hotels & Resorts in a research report on Wednesday, October 8th. Robert W. Baird decreased their target price on shares of Wyndham Hotels & Resorts from $93.00 to $89.00 and set an “outperform” rating for the company in a research report on Tuesday, October 28th. Finally, Stifel Nicolaus reduced their price objective on shares of Wyndham Hotels & Resorts from $103.50 to $95.50 and set a “buy” rating for the company in a research note on Thursday, October 23rd. Ten investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $99.86.
Wyndham Hotels & Resorts Stock Down 2.2%
The firm has a 50 day simple moving average of $78.71 and a 200-day simple moving average of $82.97. The company has a debt-to-equity ratio of 4.43, a current ratio of 1.16 and a quick ratio of 1.16. The stock has a market capitalization of $5.33 billion, a price-to-earnings ratio of 16.21, a price-to-earnings-growth ratio of 1.88 and a beta of 0.89.
Wyndham Hotels & Resorts (NYSE:WH – Get Free Report) last issued its quarterly earnings data on Wednesday, October 22nd. The company reported $1.46 earnings per share for the quarter, topping the consensus estimate of $1.42 by $0.04. The firm had revenue of $764.00 million for the quarter, compared to analysts’ expectations of $406.29 million. Wyndham Hotels & Resorts had a net margin of 23.54% and a return on equity of 61.12%. The company’s quarterly revenue was down 3.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.39 earnings per share. Wyndham Hotels & Resorts has set its FY 2025 guidance at 4.480-4.62 EPS. On average, sell-side analysts forecast that Wyndham Hotels & Resorts will post 4.79 EPS for the current fiscal year.
Wyndham Hotels & Resorts Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 30th. Shareholders of record on Monday, December 15th will be issued a dividend of $0.41 per share. The ex-dividend date of this dividend is Monday, December 15th. This represents a $1.64 dividend on an annualized basis and a yield of 2.3%. Wyndham Hotels & Resorts’s dividend payout ratio is currently 37.70%.
Institutional Investors Weigh In On Wyndham Hotels & Resorts
Institutional investors have recently modified their holdings of the business. Sequoia Financial Advisors LLC boosted its stake in Wyndham Hotels & Resorts by 1.4% in the second quarter. Sequoia Financial Advisors LLC now owns 8,283 shares of the company’s stock valued at $673,000 after acquiring an additional 118 shares during the last quarter. Geneos Wealth Management Inc. lifted its stake in shares of Wyndham Hotels & Resorts by 49.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 376 shares of the company’s stock valued at $34,000 after purchasing an additional 124 shares during the period. Claret Asset Management Corp boosted its position in shares of Wyndham Hotels & Resorts by 4.6% in the 2nd quarter. Claret Asset Management Corp now owns 2,842 shares of the company’s stock worth $231,000 after purchasing an additional 125 shares during the last quarter. Keystone Financial Services grew its stake in shares of Wyndham Hotels & Resorts by 5.1% during the second quarter. Keystone Financial Services now owns 2,679 shares of the company’s stock worth $218,000 after purchasing an additional 129 shares during the period. Finally, EverSource Wealth Advisors LLC grew its stake in shares of Wyndham Hotels & Resorts by 73.5% during the second quarter. EverSource Wealth Advisors LLC now owns 314 shares of the company’s stock worth $25,000 after purchasing an additional 133 shares during the period. Institutional investors and hedge funds own 93.46% of the company’s stock.
Wyndham Hotels & Resorts Company Profile
Wyndham Hotels & Resorts, Inc engages in the franchise and operation of hotels under the Wyndham brand. It operates through the Hotel Franchising and Hotel Management segments. The Hotel Franchising segment focuses on licensing the company’s lodging brands and providing related services to third-party hotel owners and others.
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