Wyndham Hotels & Resorts (NYSE:WH) Price Target Raised to $115.00 at Barclays

Wyndham Hotels & Resorts (NYSE:WH) had its price target raised by stock analysts at Barclays from $100.00 to $115.00 in a research note issued on Friday,Benzinga reports. The firm currently has an “overweight” rating on the stock. Barclays‘s price objective would suggest a potential upside of 11.29% from the stock’s current price.

A number of other equities research analysts have also commented on the company. Truist Financial upped their price target on Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the company a “buy” rating in a research report on Friday, October 25th. JPMorgan Chase & Co. increased their target price on shares of Wyndham Hotels & Resorts from $99.00 to $113.00 and gave the company an “overweight” rating in a research report on Friday. Wells Fargo & Company initiated coverage on shares of Wyndham Hotels & Resorts in a research report on Thursday, December 5th. They issued an “equal weight” rating and a $103.00 price target on the stock. Oppenheimer upped their price objective 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. Finally, Stifel Nicolaus lifted their target price on shares of Wyndham Hotels & Resorts from $92.00 to $107.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. Three equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, Wyndham Hotels & Resorts presently has an average rating of “Moderate Buy” and an average price target of $105.56.

Wyndham Hotels & Resorts Stock Performance

Shares of WH stock opened at $103.33 on Friday. The business’s 50-day moving average price is $92.21 and its 200-day moving average price is $81.02. Wyndham Hotels & Resorts has a 12 month low of $67.67 and a 12 month high of $105.12. 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 capitalization of $8.04 billion, a price-to-earnings ratio of 32.80, a PEG ratio of 2.42 and a beta of 1.32.

Wyndham Hotels & Resorts (NYSE:WH) last announced its quarterly earnings results on Wednesday, October 23rd. The company reported $1.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.38 by $0.01. The firm had revenue of $396.00 million during the quarter, compared to analysts’ expectations of $408.32 million. Wyndham Hotels & Resorts had a net margin of 18.29% and a return on equity of 51.79%. The company’s revenue was down 1.5% on a year-over-year basis. During the same period in the prior year, the company posted $1.31 EPS. Equities research analysts forecast that Wyndham Hotels & Resorts will post 4.29 EPS for the current year.

Insider Buying and Selling

In related news, Director Stephen P. Holmes sold 80,000 shares of the business’s stock in a transaction that occurred on Friday, October 25th. The stock was sold at an average price of $91.01, for a total value of $7,280,800.00. Following the completion of the sale, the director now owns 366,371 shares in the company, valued at $33,343,424.71. The trade was a 17.92 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Scott R. Strickland sold 2,850 shares of the firm’s stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $88.14, for a total transaction of $251,199.00. Following the completion of the sale, the insider now directly owns 26,062 shares in the company, valued at approximately $2,297,104.68. This trade represents a 9.86 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 97,850 shares of company stock worth $8,881,849 in the last quarter. Insiders own 2.79% of the company’s stock.

Institutional Trading of Wyndham Hotels & Resorts

A number of hedge funds have recently made changes to their positions in WH. Sanctuary Advisors LLC lifted its holdings in shares of Wyndham Hotels & Resorts by 17.8% during the 3rd quarter. Sanctuary Advisors LLC now owns 3,414 shares of the company’s stock valued at $267,000 after buying an additional 516 shares during the period. Virtu Financial LLC bought a new position in Wyndham Hotels & Resorts in the third quarter valued at about $214,000. M&T Bank Corp grew its stake in shares of Wyndham Hotels & Resorts by 4.2% during the 3rd quarter. M&T Bank Corp now owns 3,415 shares of the company’s stock valued at $267,000 after purchasing an additional 138 shares during the period. Nomura Asset Management Co. Ltd. increased its position in shares of Wyndham Hotels & Resorts by 86.4% during the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 410 shares of the company’s stock valued at $32,000 after purchasing an additional 190 shares during the last quarter. Finally, MML Investors Services LLC lifted its stake in shares of Wyndham Hotels & Resorts by 3.4% in the 3rd quarter. MML Investors Services LLC now owns 27,384 shares of the company’s stock worth $2,140,000 after purchasing an additional 902 shares during the period. 93.46% of the stock is owned by institutional investors.

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.