Brokerages Set Wyndham Hotels & Resorts, Inc. (NYSE:WH) Price Target at $100.00

Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) have received an average recommendation of “Moderate Buy” from the seven ratings firms that are presently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $100.00.

A number of analysts have recently issued reports on WH shares. Oppenheimer boosted their target price on shares of Wyndham Hotels & Resorts from $90.00 to $115.00 and gave the company an “outperform” rating in a research note on Tuesday, November 12th. Stifel Nicolaus boosted their target price on shares of 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 report on Friday, November 1st. Truist Financial boosted their price target on Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the stock a “buy” rating in a research note on Friday, October 25th. Finally, Robert W. Baird boosted their price target on Wyndham Hotels & Resorts from $92.00 to $97.00 and gave the company an “outperform” rating in a report on Friday, October 25th.

Insider Buying and Selling at Wyndham Hotels & Resorts

In other news, CFO Michele Allen sold 15,000 shares of the firm’s stock in a transaction that occurred on Friday, October 25th. The shares were sold at an average price of $89.99, for a total transaction of $1,349,850.00. Following the completion of the sale, the chief financial officer now owns 10,056 shares in the company, valued at $904,939.44. This trade represents a 59.87 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Stephen P. Holmes sold 80,000 shares of Wyndham Hotels & Resorts stock in a transaction that occurred on Friday, October 25th. The shares were sold at an average price of $91.01, for a total transaction of $7,280,800.00. Following the completion of the sale, the director now owns 366,371 shares of the company’s stock, valued at $33,343,424.71. This trade represents a 17.92 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 102,890 shares of company stock worth $9,273,255. Insiders own 2.79% of the company’s stock.

Institutional Trading of Wyndham Hotels & Resorts

Several institutional investors have recently added to or reduced their stakes in the stock. Assetmark Inc. purchased a new stake in Wyndham Hotels & Resorts in the third quarter valued at $30,000. Nomura Asset Management Co. Ltd. boosted its position in Wyndham Hotels & Resorts by 86.4% during the third quarter. Nomura Asset Management Co. Ltd. now owns 410 shares of the company’s stock worth $32,000 after acquiring an additional 190 shares during the last quarter. GAMMA Investing LLC raised 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. First Horizon Advisors Inc. raised its stake in Wyndham Hotels & Resorts by 76.9% during the third quarter. First Horizon Advisors Inc. now owns 467 shares of the company’s stock worth $36,000 after purchasing an additional 203 shares during the period. Finally, Concord Wealth Partners raised its stake in shares of Wyndham Hotels & Resorts by 115.5% in the 3rd quarter. Concord Wealth Partners now owns 543 shares of the company’s stock valued at $42,000 after acquiring an additional 291 shares during the period. Institutional investors and hedge funds own 93.46% of the company’s stock.

Wyndham Hotels & Resorts Stock Up 3.3 %

NYSE WH opened at $101.07 on Monday. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 4.19. The company has a fifty day moving average of $88.47 and a two-hundred day moving average of $79.29. The firm has a market capitalization of $7.86 billion, a price-to-earnings ratio of 32.03, a PEG ratio of 2.48 and a beta of 1.32. Wyndham Hotels & Resorts has a 52 week low of $67.67 and a 52 week high of $101.35.

Wyndham Hotels & Resorts (NYSE:WH) last issued its earnings results on Wednesday, October 23rd. The company reported $1.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.38 by $0.01. The firm had revenue of $396.00 million during the quarter, compared to analyst estimates of $408.32 million. Wyndham Hotels & Resorts had a net margin of 18.29% and a return on equity of 51.79%. The business’s revenue was down 1.5% on a year-over-year basis. During the same period in the previous year, the firm earned $1.31 earnings per share. On average, analysts predict that Wyndham Hotels & Resorts will post 4.3 earnings per share for the current year.

Wyndham Hotels & Resorts Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, December 27th. Investors of record on Friday, December 13th will be paid a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a yield of 1.50%. The ex-dividend date is Friday, December 13th. Wyndham Hotels & Resorts’s dividend payout ratio is presently 48.25%.

Wyndham Hotels & Resorts Company Profile

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.