Wyndham Hotels & Resorts (NYSE:WH) posted its quarterly earnings data on Thursday. The company reported $0.84 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.80 by $0.04, Briefing.com reports. The business had revenue of $533.00 million for the quarter, compared to the consensus estimate of $532.61 million. Wyndham Hotels & Resorts had a net margin of 6.94% and a return on equity of 19.53%. The company’s revenue was up 22.5% compared to the same quarter last year. During the same period last year, the firm posted $0.73 earnings per share. Wyndham Hotels & Resorts updated its FY 2019 guidance to $3.16-3.23 EPS and its FY19 guidance to $3.16-3.23 EPS.

Shares of NYSE WH traded down $0.62 during mid-day trading on Friday, reaching $56.73. The company’s stock had a trading volume of 2,175,776 shares, compared to its average volume of 917,195. The business has a 50-day simple moving average of $57.94. The firm has a market cap of $5.58 billion and a PE ratio of 20.93. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 1.55. Wyndham Hotels & Resorts has a 1-year low of $43.03 and a 1-year high of $62.38.

The firm also recently announced a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Friday, June 14th were given a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a dividend yield of 2.04%. The ex-dividend date was Thursday, June 13th. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is 42.80%.

WH has been the topic of several recent analyst reports. Bank of America reaffirmed an “underperform” rating and set a $86.00 price objective on shares of PTC in a report on Wednesday, June 12th. Zacks Investment Research downgraded shares of Inflarx from a “buy” rating to a “hold” rating in a report on Friday, May 3rd. Finally, Barclays reaffirmed a “sell” rating on shares of RenaissanceRe in a report on Tuesday, July 2nd. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. Wyndham Hotels & Resorts currently has an average rating of “Buy” and a consensus price target of $67.71.

In other news, insider Nicola Rossi sold 2,000 shares of the stock in a transaction dated Tuesday, April 30th. The shares were sold at an average price of $56.20, for a total value of $112,400.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Michele Allen sold 4,475 shares of the stock in a transaction dated Friday, June 7th. The shares were sold at an average price of $56.12, for a total transaction of $251,137.00. The disclosure for this sale can be found here. Insiders sold 92,975 shares of company stock valued at $5,215,927 over the last quarter. Company insiders own 1.90% of the company’s stock.

Hedge funds and other institutional investors have recently modified their holdings of the company. Hanson & Doremus Investment Management acquired a new stake in Wyndham Hotels & Resorts during the second quarter worth about $25,000. First Financial Corp IN acquired a new stake in Wyndham Hotels & Resorts during the first quarter worth about $30,000. Country Trust Bank increased its position 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. Marshall Wace North America L.P. acquired a new stake in Wyndham Hotels & Resorts during the first quarter worth about $90,000. Finally, Bremer Bank National Association acquired a new stake in Wyndham Hotels & Resorts during the first quarter worth about $93,000. Institutional investors and hedge funds own 91.30% of the company’s stock.

Wyndham Hotels & Resorts Company Profile

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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Earnings History for Wyndham Hotels & Resorts (NYSE:WH)

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