Wyndham Hotels & Resorts, Inc. (NYSE:WH) Given Average Rating of “Moderate Buy” by Analysts

Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) have been assigned a consensus rating of “Moderate Buy” from the eight ratings firms that are presently covering the company, MarketBeat.com reports. One analyst has rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $90.25.

Several equities research analysts have issued reports on WH shares. Susquehanna assumed coverage on Wyndham Hotels & Resorts in a report on Friday, June 21st. They set a “neutral” rating and a $80.00 price target for the company. Barclays raised their target price on shares of Wyndham Hotels & Resorts from $88.00 to $90.00 and gave the stock an “overweight” rating in a research note on Friday, July 26th. The Goldman Sachs Group assumed coverage on shares of Wyndham Hotels & Resorts in a report on Wednesday, September 18th. They issued a “buy” rating and a $96.00 price target on the stock. Truist Financial reduced their price objective on Wyndham Hotels & Resorts from $105.00 to $104.00 and set a “buy” rating for the company in a report on Friday, July 26th. Finally, Stifel Nicolaus dropped their price target on Wyndham Hotels & Resorts from $91.50 to $89.00 and set a “buy” rating for the company in a report on Thursday, July 25th.

Wyndham Hotels & Resorts Trading Up 2.8 %

Wyndham Hotels & Resorts stock opened at $81.77 on Friday. The company has a debt-to-equity ratio of 3.83, a current ratio of 0.90 and a quick ratio of 0.90. The firm has a 50-day moving average of $77.29 and a 200-day moving average of $74.35. The company has a market cap of $6.46 billion, a price-to-earnings ratio of 26.64, a P/E/G ratio of 2.76 and a beta of 1.33. Wyndham Hotels & Resorts has a one year low of $67.35 and a one year high of $82.02.

Wyndham Hotels & Resorts (NYSE:WH) last released its quarterly earnings data on Wednesday, July 24th. The company reported $1.13 EPS for the quarter, beating the consensus estimate of $1.03 by $0.10. The company had revenue of $367.00 million during the quarter, compared to the consensus estimate of $370.58 million. Wyndham Hotels & Resorts had a return on equity of 47.05% and a net margin of 18.28%. During the same quarter in the prior year, the firm posted $0.93 EPS. The firm’s revenue for the quarter was up 1.4% compared to the same quarter last year. On average, equities analysts expect that Wyndham Hotels & Resorts will post 4.27 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Friday, September 13th were paid a $0.38 dividend. The ex-dividend date of this dividend was Friday, September 13th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.86%. Wyndham Hotels & Resorts’s payout ratio is currently 49.51%.

Insider Activity at Wyndham Hotels & Resorts

In other news, CAO Nicola Rossi sold 7,297 shares of the stock in a transaction on Friday, July 26th. The stock was sold at an average price of $76.70, for a total value of $559,679.90. Following the completion of the transaction, the chief accounting officer now directly owns 4,107 shares in the company, valued at approximately $315,006.90. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, CAO Nicola Rossi sold 7,297 shares of the firm’s stock in a transaction that occurred on Friday, July 26th. The shares were sold at an average price of $76.70, for a total value of $559,679.90. Following the completion of the transaction, the chief accounting officer now owns 4,107 shares in the company, valued at $315,006.90. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Monica Melancon sold 5,040 shares of Wyndham Hotels & Resorts stock in a transaction that occurred on Friday, September 6th. The stock was sold at an average price of $77.66, for a total transaction of $391,406.40. Following the sale, the insider now owns 10,606 shares in the company, valued at approximately $823,661.96. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 12,640 shares of company stock valued at $974,351 in the last quarter. Insiders own 2.79% of the company’s stock.

Hedge Funds Weigh In On Wyndham Hotels & Resorts

Hedge funds and other institutional investors have recently made changes to their positions in the stock. PFG Investments LLC grew its holdings in Wyndham Hotels & Resorts by 4.4% during the 2nd quarter. PFG Investments LLC now owns 3,667 shares of the company’s stock worth $271,000 after acquiring an additional 155 shares during the period. GAMMA Investing LLC grew its stake in Wyndham Hotels & Resorts by 80.9% during the second quarter. GAMMA Investing LLC now owns 463 shares of the company’s stock worth $34,000 after purchasing an additional 207 shares during the period. Oppenheimer & Co. Inc. increased its holdings in Wyndham Hotels & Resorts by 0.9% in the second quarter. Oppenheimer & Co. Inc. now owns 37,401 shares of the company’s stock worth $2,768,000 after purchasing an additional 338 shares in the last quarter. State of Michigan Retirement System lifted its stake in Wyndham Hotels & Resorts by 2.0% in the first quarter. State of Michigan Retirement System now owns 20,353 shares of the company’s stock valued at $1,562,000 after buying an additional 400 shares during the period. Finally, iA Global Asset Management Inc. boosted its holdings in shares of Wyndham Hotels & Resorts by 3.1% during the 2nd quarter. iA Global Asset Management Inc. now owns 13,411 shares of the company’s stock worth $992,000 after buying an additional 407 shares in the last quarter. 93.46% of the stock is owned by institutional investors and hedge funds.

About Wyndham Hotels & Resorts

Wyndham Hotels & Resorts, Inc operates as a hotel franchisor in the United States and internationally. It operates through Hotel Franchising and Hotel Management segments. The Hotel Franchising segment licenses its lodging brands and provides related services to third-party hotel owners and others.