Wyndham Hotels & Resorts Inc (WH) CFO David B. Wyshner Acquires 3,669 Shares of Stock

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Wyndham Hotels & Resorts Inc (NYSE:WH) CFO David B. Wyshner acquired 3,669 shares of the stock in a transaction dated Thursday, September 6th. The shares were bought at an average cost of $54.52 per share, with a total value of $200,033.88. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

WH stock traded up $0.88 during trading on Friday, hitting $55.27. 1,030,977 shares of the company’s stock were exchanged, compared to its average volume of 593,144. Wyndham Hotels & Resorts Inc has a 52-week low of $53.43 and a 52-week high of $66.95. The company has a debt-to-equity ratio of 1.48, a quick ratio of 1.15 and a current ratio of 1.15.

Wyndham Hotels & Resorts (NYSE:WH) last posted its earnings results on Wednesday, August 1st. The company reported $0.73 earnings per share for the quarter, missing the consensus estimate of $0.78 by ($0.05). The company had revenue of $435.00 million during the quarter, compared to analysts’ expectations of $514.63 million. Wyndham Hotels & Resorts’s revenue was up 31.4% on a year-over-year basis. analysts forecast that Wyndham Hotels & Resorts Inc will post 2.94 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 28th. Shareholders of record on Friday, September 14th will be paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 1.81%. The ex-dividend date is Thursday, September 13th.

Hedge funds and other institutional investors have recently modified their holdings of the business. San Francisco Sentry Investment Group CA purchased a new stake in Wyndham Hotels & Resorts in the second quarter valued at approximately $113,000. Squar Milner Financial Services LLC purchased a new stake in Wyndham Hotels & Resorts in the second quarter valued at approximately $115,000. CENTRAL TRUST Co purchased a new stake in Wyndham Hotels & Resorts in the second quarter valued at approximately $134,000. Tower Research Capital LLC TRC purchased a new stake in Wyndham Hotels & Resorts in the second quarter valued at approximately $145,000. Finally, Cutler Group LP purchased a new stake in Wyndham Hotels & Resorts in the second quarter valued at approximately $147,000. Institutional investors own 86.89% of the company’s stock.

WH has been the subject of several recent analyst reports. Longbow Research initiated coverage on Wyndham Hotels & Resorts in a research note on Friday. They set a “buy” rating and a $77.00 target price for the company. UBS Group upgraded Wyndham Hotels & Resorts from a “hold” rating to a “buy” rating in a research note on Thursday, August 2nd. Wolfe Research cut Wyndham Hotels & Resorts from a “market perform” rating to an “underperform” rating in a research note on Tuesday, July 10th. Goldman Sachs Group upgraded Wyndham Hotels & Resorts from a “buy” rating to a “conviction-buy” rating in a research note on Monday, June 25th. Finally, SunTrust Banks initiated coverage on Wyndham Hotels & Resorts in a research note on Thursday, June 14th. They set a “buy” rating and a $71.00 target price for the company. One analyst has rated the stock with a sell rating, seven have issued a buy rating and one has given a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $73.29.

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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