Wyndham Hotels & Resorts, Inc. (NYSE:WH) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) have received a consensus rating of “Moderate Buy” from the ten analysts that are covering the company, MarketBeat.com reports. One analyst has rated the stock with a hold rating and nine have given a buy rating to the company. The average 12-month price target among analysts that have covered the stock in the last year is $108.10.

Several research analysts have recently issued reports on the stock. Robert W. Baird upped their target price on shares of Wyndham Hotels & Resorts from $92.00 to $97.00 and gave the stock an “outperform” rating in a research note on Friday, October 25th. Stifel Nicolaus increased their target price on Wyndham Hotels & Resorts from $92.00 to $107.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. StockNews.com upgraded Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a research note on Friday, November 1st. Truist Financial lifted their price objective on Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the stock a “buy” rating in a report on Friday, October 25th. Finally, 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 research note on Friday, December 13th.

Insider Buying and Selling

In other Wyndham Hotels & Resorts news, insider Scott R. Strickland sold 2,850 shares of the company’s stock in a transaction that occurred on Tuesday, November 5th. The stock was sold at an average price of $88.14, for a total value of $251,199.00. Following the completion of the transaction, the insider now directly owns 26,062 shares in the company, valued at $2,297,104.68. This represents a 9.86 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 2.79% of the stock is currently owned by insiders.

Institutional Trading of Wyndham Hotels & Resorts

Several hedge funds have recently bought and sold shares of the stock. American Century Companies Inc. increased its holdings in shares of Wyndham Hotels & Resorts by 7.0% in the second quarter. American Century Companies Inc. now owns 15,495 shares of the company’s stock worth $1,147,000 after purchasing an additional 1,010 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in Wyndham Hotels & Resorts by 48.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 91,173 shares of the company’s stock valued at $6,747,000 after buying an additional 29,611 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in Wyndham Hotels & Resorts by 18.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,237,944 shares of the company’s stock worth $91,609,000 after acquiring an additional 196,982 shares during the last quarter. Hsbc Holdings PLC purchased a new stake in shares of Wyndham Hotels & Resorts during the 2nd quarter worth approximately $1,425,000. Finally, Intech Investment Management LLC bought a new position in shares of Wyndham Hotels & Resorts during the 2nd quarter valued at approximately $233,000. Hedge funds and other institutional investors own 93.46% of the company’s stock.

Wyndham Hotels & Resorts Stock Down 0.6 %

WH stock opened at $104.86 on Tuesday. The business has a 50 day moving average of $100.70 and a 200 day moving average of $87.27. The firm has a market cap of $8.16 billion, a PE ratio of 33.29, a price-to-earnings-growth ratio of 2.22 and a beta of 1.30. Wyndham Hotels & Resorts has a twelve month low of $67.67 and a twelve month high of $106.16. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 4.19.

Wyndham Hotels & Resorts (NYSE:WH) last posted its quarterly earnings results on Wednesday, October 23rd. The company reported $1.39 earnings per share (EPS) for the quarter, topping the consensus estimate 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 during the quarter, compared to analyst estimates of $408.32 million. During the same quarter in the previous year, the firm earned $1.31 EPS. Wyndham Hotels & Resorts’s quarterly revenue was down 1.5% compared to the same quarter last year. On average, research analysts forecast that Wyndham Hotels & Resorts will post 4.29 EPS for the current fiscal year.

Wyndham Hotels & Resorts Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 27th. Stockholders of record on Friday, December 13th were given a dividend of $0.38 per share. The ex-dividend date of this dividend was Friday, December 13th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.45%. Wyndham Hotels & Resorts’s payout ratio is currently 48.25%.

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.