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

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

Wyndham Hotels & Resorts Stock Performance

WH opened at $83.60 on Thursday. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 5.88. The business’s 50 day moving average is $82.58 and its 200-day moving average is $79.48. The stock has a market cap of $6.26 billion, a PE ratio of 33.57, a price-to-earnings-growth ratio of 2.30 and a beta of 0.62. Wyndham Hotels & Resorts has a twelve month low of $69.21 and a twelve month high of $92.68.

Wyndham Hotels & Resorts (NYSE:WHGet Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The company reported $0.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.85 by $0.11. Wyndham Hotels & Resorts had a return on equity of 69.44% and a net margin of 13.40%.The business had revenue of $327.00 million during the quarter, compared to analyst estimates of $321.97 million. During the same period in the prior year, the company posted $0.86 EPS. The business’s revenue for the quarter was up 3.5% compared to the same quarter last year. Wyndham Hotels & Resorts has set its FY 2026 guidance at 4.620-4.800 EPS. On average, analysts predict that Wyndham Hotels & Resorts will post 4.83 earnings per share for the current year.

Wyndham Hotels & Resorts Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be paid a $0.43 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a $1.72 annualized dividend and a dividend yield of 2.1%. Wyndham Hotels & Resorts’s dividend payout ratio is presently 69.08%.

Institutional Trading of Wyndham Hotels & Resorts

Institutional investors have recently modified their holdings of the company. Norges Bank acquired a new stake in Wyndham Hotels & Resorts in the 4th quarter valued at about $219,462,000. Aberdeen Group plc grew its stake in shares of Wyndham Hotels & Resorts by 16.6% in the 4th quarter. Aberdeen Group plc now owns 197,477 shares of the company’s stock worth $14,921,000 after purchasing an additional 28,077 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of Wyndham Hotels & Resorts by 3.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,585,935 shares of the company’s stock worth $126,716,000 after purchasing an additional 46,459 shares during the last quarter. Assetmark Inc. raised its holdings in shares of Wyndham Hotels & Resorts by 23.0% in the 3rd quarter. Assetmark Inc. now owns 102,712 shares of the company’s stock worth $8,207,000 after purchasing an additional 19,204 shares in the last quarter. Finally, Brown Brothers Harriman & Co. lifted its stake in Wyndham Hotels & Resorts by 2.7% during the third quarter. Brown Brothers Harriman & Co. now owns 684,687 shares of the company’s stock valued at $54,706,000 after purchasing an additional 18,065 shares during the last quarter. Institutional investors and hedge funds own 93.46% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on WH shares. JPMorgan Chase & Co. lifted their price objective on shares of Wyndham Hotels & Resorts from $99.00 to $100.00 and gave the company an “overweight” rating in a research note on Tuesday, April 21st. Stifel Nicolaus set a $98.00 target price on shares of Wyndham Hotels & Resorts in a research note on Thursday, April 30th. Weiss Ratings restated a “hold (c)” rating on shares of Wyndham Hotels & Resorts in a research report on Friday, April 10th. Barclays upped their price target on shares of Wyndham Hotels & Resorts from $98.00 to $104.00 and gave the stock an “overweight” rating in a research note on Thursday, April 16th. Finally, Mizuho increased their price objective on shares of Wyndham Hotels & Resorts from $97.00 to $108.00 and gave the company an “outperform” rating in a report on Friday, February 20th. Eight analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $96.27.

Read Our Latest Stock Report on WH

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.

Recommended Stories

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.