Wyndham Hotels & Resorts, Inc. (NYSE:WH) Short Interest Update

Wyndham Hotels & Resorts, Inc. (NYSE:WH) was the target of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totalling 2,030,000 shares, a decrease of 35.4% from the December 15th total of 3,140,000 shares. Approximately 2.7% of the company’s stock are short sold. Based on an average daily volume of 791,400 shares, the days-to-cover ratio is currently 2.6 days.

Wyndham Hotels & Resorts Price Performance

Wyndham Hotels & Resorts stock opened at $100.95 on Tuesday. The company has a market capitalization of $7.85 billion, a price-to-earnings ratio of 32.05, a PEG ratio of 2.42 and a beta of 1.30. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 4.19. Wyndham Hotels & Resorts has a 12 month low of $67.67 and a 12 month high of $105.16. The stock’s 50 day moving average is $99.02 and its 200-day moving average is $85.22.

Wyndham Hotels & Resorts (NYSE:WH) last issued its quarterly earnings data on Wednesday, October 23rd. The company reported $1.39 EPS for the quarter, beating analysts’ consensus estimates of $1.38 by $0.01. Wyndham Hotels & Resorts had a return on equity of 51.79% and a net margin of 18.29%. The firm had revenue of $396.00 million for the quarter, compared to analyst estimates of $408.32 million. During the same period in the prior year, the firm posted $1.31 EPS. The company’s revenue for the quarter was down 1.5% on a year-over-year basis. Equities research analysts expect that Wyndham Hotels & Resorts will post 4.29 EPS for the current year.

Wyndham Hotels & Resorts Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 27th. Shareholders of record on Friday, December 13th were issued a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a yield of 1.51%. The ex-dividend date of this dividend was Friday, December 13th. Wyndham Hotels & Resorts’s dividend payout ratio is currently 48.25%.

Analysts Set New Price Targets

Several research firms have recently commented on WH. Stifel Nicolaus increased their price objective on Wyndham Hotels & Resorts from $92.00 to $107.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Wells Fargo & Company upgraded shares of Wyndham Hotels & Resorts from an “equal weight” rating to an “overweight” rating and increased their price target for the company from $103.00 to $114.00 in a research note on Friday. Barclays upped their target price on shares of Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the company an “overweight” rating in a report on Friday, December 13th. Jefferies Financial Group lifted their price target on Wyndham Hotels & Resorts from $107.00 to $120.00 and gave the stock a “buy” rating in a report on Thursday, January 2nd. Finally, Truist Financial upped their price objective on Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the company a “buy” rating in a research note on Friday, October 25th. Two equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $108.10.

Insider Buying and Selling

In other Wyndham Hotels & Resorts news, insider Scott R. Strickland sold 2,850 shares of the business’s stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of $88.14, for a total transaction of $251,199.00. Following the sale, the insider now directly owns 26,062 shares of the company’s stock, valued at $2,297,104.68. The trade was a 9.86 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CFO Michele Allen sold 15,000 shares of the firm’s stock in a transaction dated Friday, October 25th. The shares were sold at an average price of $89.99, for a total value of $1,349,850.00. Following the completion of the transaction, the chief financial officer now owns 10,056 shares of the company’s stock, valued at $904,939.44. The trade was a 59.87 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 97,850 shares of company stock worth $8,881,849. 2.79% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in WH. Everence Capital Management Inc. acquired a new stake in shares of Wyndham Hotels & Resorts in the fourth quarter valued at approximately $229,000. GAMMA Investing LLC increased its stake in Wyndham Hotels & Resorts by 59.0% during the 4th quarter. GAMMA Investing LLC now owns 1,134 shares of the company’s stock worth $114,000 after acquiring an additional 421 shares during the period. Sanctuary Advisors LLC raised its holdings in Wyndham Hotels & Resorts by 17.8% in the 3rd quarter. Sanctuary Advisors LLC now owns 3,414 shares of the company’s stock valued at $267,000 after acquiring an additional 516 shares in the last quarter. Virtu Financial LLC bought a new stake in shares of Wyndham Hotels & Resorts during the 3rd quarter valued at $214,000. Finally, M&T Bank Corp grew its holdings in shares of Wyndham Hotels & Resorts by 4.2% during the 3rd quarter. M&T Bank Corp now owns 3,415 shares of the company’s stock worth $267,000 after purchasing an additional 138 shares in the last quarter. Institutional investors and hedge funds own 93.46% of the company’s stock.

Wyndham Hotels & Resorts Company Profile

Wyndham Hotels & Resorts, Inc engages in the franchise and operation of hotels under the Wyndham brand. It operates through the following segments: Hotel Franchising, Hotel Management, and Corporate and Other. The Hotel Franchising segment focuses on licensing the company’s lodging brands and providing related services to third-party hotel owners and others.