Ronald L. Nelson Acquires 10,000 Shares of Wyndham Hotels & Resorts Inc (NYSE:WH) Stock

Wyndham Hotels & Resorts Inc (NYSE:WH) Director Ronald L. Nelson purchased 10,000 shares of the stock in a transaction on Wednesday, August 14th. The shares were acquired at an average cost of $49.95 per share, for a total transaction of $499,500.00. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website.

Wyndham Hotels & Resorts stock opened at $49.94 on Friday. Wyndham Hotels & Resorts Inc has a 12 month low of $43.03 and a 12 month high of $61.49. The stock’s 50 day moving average is $57.26 and its 200-day moving average is $54.42. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 1.62. The company has a market capitalization of $4.79 billion, a price-to-earnings ratio of 18.43, a PEG ratio of 1.30 and a beta of 1.03.

Wyndham Hotels & Resorts (NYSE:WH) last posted its earnings results on Thursday, July 25th. The company reported $0.84 EPS for the quarter, beating the consensus estimate of $0.80 by $0.04. Wyndham Hotels & Resorts had a return on equity of 19.91% and a net margin of 6.94%. The company had revenue of $533.00 million for the quarter, compared to the consensus estimate of $532.61 million. During the same quarter in the prior year, the business earned $0.73 earnings per share. The firm’s revenue for the quarter was up 22.5% on a year-over-year basis. As a group, equities research analysts predict that Wyndham Hotels & Resorts Inc will post 3.19 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Friday, September 13th will be given a $0.29 dividend. This represents a $1.16 annualized dividend and a dividend yield of 2.32%. The ex-dividend date of this dividend is Thursday, September 12th. Wyndham Hotels & Resorts’s payout ratio is 42.80%.

Several institutional investors have recently bought and sold shares of WH. Hanson & Doremus Investment Management bought a new stake in shares of Wyndham Hotels & Resorts in the second quarter valued at approximately $25,000. Prestige Wealth Management Group LLC bought a new stake in Wyndham Hotels & Resorts during the second quarter worth $39,000. Coastal Capital Group Inc. bought a new stake in Wyndham Hotels & Resorts during the second quarter worth $41,000. Country Trust Bank lifted its stake in Wyndham Hotels & Resorts by 100.0% during the second quarter. Country Trust Bank now owns 800 shares of the company’s stock worth $42,000 after purchasing an additional 400 shares during the last quarter. Finally, Coastal Investment Advisors Inc. bought a new stake in Wyndham Hotels & Resorts during the second quarter worth $49,000. 90.49% of the stock is currently owned by institutional investors.

A number of equities analysts have weighed in on the company. Barclays assumed coverage on Wyndham Hotels & Resorts in a research report on Tuesday, July 2nd. They set an “overweight” rating and a $72.00 price target on the stock. Zacks Investment Research downgraded Wyndham Hotels & Resorts from a “buy” rating to a “hold” rating in a research report on Thursday. Finally, Bank of America assumed coverage on Wyndham Hotels & Resorts in a research report on Wednesday, June 12th. They set a “buy” rating and a $62.00 price target on the stock. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $67.71.

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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