Wyndham Hotels & Resorts (NYSE:WH) Hits New 12-Month High After Analyst Upgrade

Wyndham Hotels & Resorts, Inc. (NYSE:WH)’s stock price hit a new 52-week high on Tuesday after Robert W. Baird raised their price target on the stock from $108.00 to $115.00. Robert W. Baird currently has an outperform rating on the stock. Wyndham Hotels & Resorts traded as high as $110.94 and last traded at $109.23, with a volume of 1245158 shares traded. The stock had previously closed at $107.32.

Several other analysts have also recently weighed in on WH. Oppenheimer boosted their price objective on Wyndham Hotels & Resorts from $90.00 to $115.00 and gave the stock an “outperform” rating in a report on Tuesday, November 12th. JPMorgan Chase & Co. boosted their price objective on Wyndham Hotels & Resorts from $99.00 to $113.00 and gave the stock an “overweight” rating in a report on Friday, December 13th. Wells Fargo & Company boosted their price objective on Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the stock an “overweight” rating in a report on Friday. StockNews.com raised Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a research note on Friday, November 1st. Finally, Stifel Nicolaus upped their price target on Wyndham Hotels & Resorts from $113.00 to $121.00 and gave the company a “buy” rating in a research note on Thursday, February 13th. Two investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $112.10.

Institutional Investors Weigh In On Wyndham Hotels & Resorts

Several large investors have recently made changes to their positions in the stock. Smartleaf Asset Management LLC boosted its holdings in shares of Wyndham Hotels & Resorts by 46.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 343 shares of the company’s stock valued at $35,000 after buying an additional 108 shares during the last quarter. Principal Securities Inc. raised its stake in Wyndham Hotels & Resorts by 1.0% in the 4th quarter. Principal Securities Inc. now owns 10,941 shares of the company’s stock valued at $1,103,000 after acquiring an additional 113 shares during the period. Equitable Trust Co. raised its stake in Wyndham Hotels & Resorts by 1.5% in the 4th quarter. Equitable Trust Co. now owns 9,295 shares of the company’s stock valued at $937,000 after acquiring an additional 135 shares during the period. M&T Bank Corp raised its stake in Wyndham Hotels & Resorts by 4.2% in the 3rd quarter. M&T Bank Corp now owns 3,415 shares of the company’s stock valued at $267,000 after acquiring an additional 138 shares during the period. Finally, Crossmark Global Holdings Inc. raised its stake in Wyndham Hotels & Resorts by 2.7% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 5,674 shares of the company’s stock valued at $443,000 after acquiring an additional 147 shares during the period. Institutional investors and hedge funds own 93.46% of the company’s stock.

Wyndham Hotels & Resorts Trading Up 0.5 %

The business has a 50 day moving average of $103.46 and a two-hundred day moving average of $90.95. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 4.19. The firm has a market cap of $8.55 billion, a P/E ratio of 34.87, a PEG ratio of 2.14 and a beta of 1.29.

Wyndham Hotels & Resorts (NYSE:WH) last posted its quarterly earnings results on Wednesday, February 12th. The company reported $1.04 earnings per share for the quarter, beating analysts’ consensus estimates of $1.00 by $0.04. Wyndham Hotels & Resorts had a return on equity of 51.79% and a net margin of 18.29%. Analysts predict that Wyndham Hotels & Resorts, Inc. will post 4.3 earnings per share for the current year.

Wyndham Hotels & Resorts Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 27th. Investors of record on Friday, December 13th were given a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.38%. The ex-dividend date of this dividend was Friday, December 13th. 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.