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

Wyndham Hotels & Resorts (NYSE:WH) had its price target raised by equities researchers at Robert W. Baird from $108.00 to $115.00 in a research report issued on Tuesday,Benzinga reports. The firm currently has an “outperform” rating on the stock. Robert W. Baird’s price target suggests a potential upside of 2.79% from the stock’s previous close.

Several other research analysts also recently weighed in on the company. JPMorgan Chase & Co. boosted their target price on Wyndham Hotels & Resorts from $99.00 to $113.00 and gave the stock an “overweight” rating in a research note on Friday, December 13th. The Goldman Sachs Group boosted their target price on Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the stock a “buy” rating in a research note on Tuesday, December 10th. Stifel Nicolaus boosted their target price on Wyndham Hotels & Resorts from $113.00 to $121.00 and gave the stock a “buy” rating in a research note on Thursday, February 13th. StockNews.com upgraded Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a research note on Friday, November 1st. Finally, Jefferies Financial Group boosted their price target on Wyndham Hotels & Resorts from $107.00 to $120.00 and gave the company a “buy” rating in a research note on Thursday, January 2nd. Two investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $113.80.

Wyndham Hotels & Resorts Trading Up 0.4 %

Shares of NYSE:WH opened at $111.87 on Tuesday. Wyndham Hotels & Resorts has a 12-month low of $67.67 and a 12-month high of $112.16. The business’s fifty day simple moving average is $103.82 and its 200-day simple moving average is $91.35. The company has a market capitalization of $8.70 billion, a PE ratio of 30.82, a P/E/G ratio of 2.18 and a beta of 1.29. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 3.72.

Wyndham Hotels & Resorts (NYSE:WH) last announced its quarterly earnings results on Wednesday, February 12th. The company reported $1.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.00 by $0.04. Wyndham Hotels & Resorts had a return on equity of 54.86% and a net margin of 20.51%. As a group, equities research analysts predict that Wyndham Hotels & Resorts will post 4.8 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Wyndham Hotels & Resorts

Several institutional investors and hedge funds have recently modified their holdings of the stock. Public Employees Retirement System of Ohio lifted its holdings in shares of Wyndham Hotels & Resorts by 71.4% in the 4th quarter. Public Employees Retirement System of Ohio now owns 49,616 shares of the company’s stock valued at $5,001,000 after buying an additional 20,670 shares during the period. Burgundy Asset Management Ltd. raised its holdings in Wyndham Hotels & Resorts by 1.7% in the 4th quarter. Burgundy Asset Management Ltd. now owns 2,301,289 shares of the company’s stock worth $231,947,000 after purchasing an additional 37,832 shares during the period. Castleark Management LLC acquired a new position in Wyndham Hotels & Resorts in the 4th quarter worth about $6,556,000. State of Wyoming acquired a new position in Wyndham Hotels & Resorts in the 4th quarter worth about $69,000. Finally, Snowden Capital Advisors LLC raised its holdings in Wyndham Hotels & Resorts by 6.9% in the 4th quarter. Snowden Capital Advisors LLC now owns 5,685 shares of the company’s stock worth $573,000 after purchasing an additional 366 shares during the period. Institutional investors and hedge funds own 93.46% of the company’s stock.

About Wyndham Hotels & Resorts

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.