Stephen P. Holmes Sells 25,000 Shares of Wyndham Hotels & Resorts Inc (NYSE:WH) Stock

Wyndham Hotels & Resorts Inc (NYSE:WH) Chairman Stephen P. Holmes sold 25,000 shares of the stock in a transaction on Monday, November 11th. The stock was sold at an average price of $54.88, for a total transaction of $1,372,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Shares of NYSE:WH opened at $54.10 on Thursday. The company has a debt-to-equity ratio of 1.70, a quick ratio of 1.14 and a current ratio of 1.14. The firm has a fifty day moving average price of $52.17 and a 200 day moving average price of $54.41. Wyndham Hotels & Resorts Inc has a fifty-two week low of $43.03 and a fifty-two week high of $61.49. The firm has a market cap of $5.31 billion, a price-to-earnings ratio of 19.96, a P/E/G ratio of 1.54 and a beta of 1.09.

Wyndham Hotels & Resorts (NYSE:WH) last issued its earnings results on Tuesday, October 29th. The company reported $1.10 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.00 by $0.10. Wyndham Hotels & Resorts had a net margin of 6.47% and a return on equity of 22.24%. The firm had revenue of $560.00 million during the quarter, compared to analyst estimates of $576.90 million. During the same quarter in the prior year, the business earned $0.85 earnings per share. Wyndham Hotels & Resorts’s revenue for the quarter was down 7.3% on a year-over-year basis. As a group, research analysts predict that Wyndham Hotels & Resorts Inc will post 3.26 earnings per share for the current year.

Large investors have recently modified their holdings of the stock. First Trust Advisors LP bought a new stake in Wyndham Hotels & Resorts in the 1st quarter valued at about $534,000. Fulton Bank N.A. bought a new stake in Wyndham Hotels & Resorts in the 2nd quarter valued at about $210,000. First National Bank of Mount Dora Trust Investment Services increased its position in Wyndham Hotels & Resorts by 3.3% in the 2nd quarter. First National Bank of Mount Dora Trust Investment Services now owns 62,848 shares of the company’s stock valued at $3,503,000 after buying an additional 2,000 shares in the last quarter. WINTON GROUP Ltd bought a new stake in Wyndham Hotels & Resorts in the 2nd quarter valued at about $3,217,000. Finally, Sanders Morris Harris LLC bought a new stake in Wyndham Hotels & Resorts in the 2nd quarter valued at about $440,000. Hedge funds and other institutional investors own 94.46% of the company’s stock.

A number of analysts have recently issued reports on WH shares. ValuEngine cut shares of Wyndham Hotels & Resorts from a “hold” rating to a “sell” rating in a research note on Friday, October 4th. Zacks Investment Research raised shares of Wyndham Hotels & Resorts from a “hold” rating to a “buy” rating and set a $58.00 price objective for the company in a research note on Saturday, November 9th. Robert W. Baird started coverage on shares of Wyndham Hotels & Resorts in a research note on Wednesday, August 21st. They issued an “outperform” rating and a $62.00 price objective for the company. Stifel Nicolaus set a $65.00 price objective on shares of Wyndham Hotels & Resorts and gave the stock a “buy” rating in a research note on Friday, August 16th. Finally, TheStreet raised shares of Wyndham Hotels & Resorts from a “d+” rating to a “c-” rating in a research note on Monday, August 26th. One equities research analyst has rated the stock with a sell rating and nine have assigned a buy rating to the stock. Wyndham Hotels & Resorts has a consensus rating of “Buy” and a consensus price target of $65.13.

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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