Wyndham Hotels & Resorts (NYSE:WH) Given New $121.00 Price Target at Stifel Nicolaus

Wyndham Hotels & Resorts (NYSE:WH) had its price objective hoisted by stock analysts at Stifel Nicolaus from $113.00 to $121.00 in a note issued to investors on Thursday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Stifel Nicolaus’ price target indicates a potential upside of 10.53% from the company’s previous close.

Several other equities research analysts have also issued reports on WH. Robert W. Baird increased 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. Wells Fargo & Company raised shares of Wyndham Hotels & Resorts from an “equal weight” rating to an “overweight” rating and raised their price target for the company from $103.00 to $114.00 in a research note on Friday, January 10th. Oppenheimer raised their price target 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. The Goldman Sachs Group raised their price target on shares of Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the company a “buy” rating in a research note on Tuesday, December 10th. Finally, StockNews.com raised shares of Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a research note on Friday, November 1st. Two analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $110.30.

Wyndham Hotels & Resorts Trading Up 2.0 %

WH stock opened at $109.47 on Thursday. The company’s 50-day simple moving average is $103.29 and its 200-day simple moving average is $90.51. 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 has a 52-week low of $67.67 and a 52-week high of $110.94. The firm has a market cap of $8.52 billion, a P/E ratio of 34.75, a PEG ratio of 2.14 and a beta of 1.29.

Wyndham Hotels & Resorts (NYSE:WH) last posted its earnings results on Wednesday, February 12th. The company reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.00 by $0.04. Wyndham Hotels & Resorts had a net margin of 18.29% and a return on equity of 51.79%. As a group, equities analysts forecast that Wyndham Hotels & Resorts will post 4.3 EPS for the current fiscal year.

Institutional Trading of Wyndham Hotels & Resorts

Hedge funds and other institutional investors have recently made changes to their positions in the company. Boston Partners increased its holdings in Wyndham Hotels & Resorts by 5.3% in the 4th quarter. Boston Partners now owns 3,853,527 shares of the company’s stock valued at $388,462,000 after purchasing an additional 192,221 shares during the last quarter. Thrivent Financial for Lutherans increased its holdings in Wyndham Hotels & Resorts by 3.6% in the 4th quarter. Thrivent Financial for Lutherans now owns 1,810,301 shares of the company’s stock valued at $182,460,000 after purchasing an additional 63,006 shares during the last quarter. T. Rowe Price Investment Management Inc. increased its holdings in Wyndham Hotels & Resorts by 6.1% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 1,419,168 shares of the company’s stock valued at $143,038,000 after purchasing an additional 81,730 shares during the last quarter. Bessemer Group Inc. increased its holdings in Wyndham Hotels & Resorts by 24,953.8% in the 4th quarter. Bessemer Group Inc. now owns 1,333,615 shares of the company’s stock valued at $134,414,000 after purchasing an additional 1,328,292 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in Wyndham Hotels & Resorts by 2.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,309,177 shares of the company’s stock valued at $131,952,000 after purchasing an additional 29,220 shares during the last quarter. Institutional investors and hedge funds own 93.46% of the company’s stock.

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.