Wyndham Hotels & Resorts (NYSE:WH) CEO Sells 19,295 Shares of Stock

Key Points

  • CEO Geoffrey Ballotti sold 19,295 Wyndham shares at an average price of $73.69, generating approximately $1.42 million. The transaction was conducted under a pre-arranged Rule 10b5-1 trading plan and reduced his holdings by 3.39%.
  • Wyndham reported quarterly EPS of $1.48, beating analyst expectations of $1.41, while revenue of $375 million fell short of estimates and declined 5.5% year over year.
  • The company authorized a $400 million share-repurchase program and pays a quarterly dividend of $0.43 per share. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $95.08.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) CEO Geoffrey Ballotti sold 19,295 shares of the business's stock in a transaction that occurred on Thursday, October 15th. The stock was sold at an average price of $73.69, for a total transaction of $1,421,848.55. Following the completion of the transaction, the chief executive officer owned 550,457 shares of the company's stock, valued at $40,563,176.33. This trade represents a 3.39% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Wyndham Hotels & Resorts Stock Up 0.6%

NYSE:WH opened at $76.05 on Tuesday. The stock's fifty day moving average price is $72.16 and its two-hundred day moving average price is $77.94. Wyndham Hotels & Resorts has a 52-week low of $66.87 and a 52-week high of $90.35. The company has a debt-to-equity ratio of 5.53, a quick ratio of 0.99 and a current ratio of 0.99. The company has a market cap of $5.64 billion, a price-to-earnings ratio of 27.96, a P/E/G ratio of 1.96 and a beta of 0.67.




Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last announced its quarterly earnings data on Wednesday, July 22nd. The company reported $1.48 EPS for the quarter, beating analysts' consensus estimates of $1.41 by $0.07. The firm had revenue of $375.00 million for the quarter, compared to analyst estimates of $400.75 million. Wyndham Hotels & Resorts had a return on equity of 74.22% and a net margin of 14.67%. The business's quarterly revenue was down 5.5% compared to the same quarter last year. During the same period last year, the company earned $1.33 EPS. Wyndham Hotels & Resorts has set its FY 2026 guidance at 4.710-4.830 EPS. On average, analysts anticipate that Wyndham Hotels & Resorts will post 4.81 EPS for the current year.

Wyndham Hotels & Resorts declared that its Board of Directors has initiated a stock repurchase plan on Tuesday, September 29th that permits the company to buy back $400.00 million in outstanding shares. This buyback authorization permits the company to purchase up to 7.6% of its shares through open market purchases. Share buyback plans are typically an indication that the company's leadership believes its shares are undervalued.

Wyndham Hotels & Resorts Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th were paid a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend was Tuesday, September 15th. Wyndham Hotels & Resorts's dividend payout ratio is 63.24%.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the company. Truist Financial dropped their price objective on Wyndham Hotels & Resorts from $107.00 to $104.00 and set a "buy" rating for the company in a report on Thursday, September 10th. Morgan Stanley boosted their target price on Wyndham Hotels & Resorts from $91.00 to $92.00 and gave the stock an "overweight" rating in a research report on Monday, October 12th. Freedom Broker assumed coverage on Wyndham Hotels & Resorts in a research report on Wednesday, October 14th. They set a "buy" rating and a $88.00 target price for the company. Barclays lowered their price target on Wyndham Hotels & Resorts from $104.00 to $102.00 and set an "overweight" rating for the company in a research note on Monday, July 20th. Finally, JPMorgan Chase & Co. cut their price target on shares of Wyndham Hotels & Resorts from $100.00 to $97.00 and set an "overweight" rating on the stock in a research report on Tuesday, July 21st. Nine equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, Wyndham Hotels & Resorts has an average rating of "Moderate Buy" and a consensus target price of $95.08.

Check Out Our Latest Stock Analysis on WH

Institutional Trading of Wyndham Hotels & Resorts

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. BlackRock Inc. acquired a new stake in shares of Wyndham Hotels & Resorts during the second quarter worth $623,573,000. Dimensional Fund Advisors LP grew its position in shares of Wyndham Hotels & Resorts by 2.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,371,183 shares of the company's stock worth $111,379,000 after purchasing an additional 29,422 shares in the last quarter. Findlay Park Partners LLP acquired a new position in shares of Wyndham Hotels & Resorts during the 2nd quarter worth approximately $100,648,000. Deprince Race & Zollo Inc. increased its holdings in shares of Wyndham Hotels & Resorts by 229.3% during the first quarter. Deprince Race & Zollo Inc. now owns 957,559 shares of the company's stock worth $77,783,000 after purchasing an additional 666,746 shares during the period. Finally, Bank of New York Mellon Corp bought a new position in shares of Wyndham Hotels & Resorts during the second quarter worth approximately $56,860,000. Institutional investors and hedge funds own 93.46% of the company's stock.

Wyndham Hotels & Resorts Company Profile

(Get Free Report)

Wyndham Hotels & Resorts, Inc is a global hotel franchising company that operates an asset-light lodging business. Rather than owning and managing most of its hotels, the company licenses its brands and provides franchisees with support in areas such as marketing, reservations, technology, training and operational standards.

Its portfolio includes a range of economy, midscale and upscale hotel brands, including Super 8, Days Inn, Ramada, La Quinta, Microtel, Baymont, Wingate, AmericInn, Wyndham, Wyndham Garden, Registry Collection Hotels and ECHO Suites Extended Stay by Wyndham.

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