Wyndham Hotels & Resorts (NYSE:WH) Rating Increased to Buy at Redburn Atlantic

Wyndham Hotels & Resorts (NYSE:WH) was upgraded by investment analysts at Redburn Atlantic from a “neutral” rating to a “buy” rating in a research report issued to clients and investors on Monday, Marketbeat.com reports. The firm presently has a $115.00 price target on the stock. Redburn Atlantic’s price target suggests a potential upside of 24.66% from the stock’s previous close.

Several other research firms have also issued reports on WH. Morgan Stanley upped their target price on shares of Wyndham Hotels & Resorts from $107.00 to $113.00 and gave the stock an “overweight” rating in a research note on Tuesday, March 4th. Wells Fargo & Company increased their price objective on shares of Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the company an “overweight” rating in a research note on Friday, February 14th. Jefferies Financial Group boosted their target price on Wyndham Hotels & Resorts from $107.00 to $120.00 and gave the stock a “buy” rating in a research note on Thursday, January 2nd. Robert W. Baird upped their target price on Wyndham Hotels & Resorts from $108.00 to $115.00 and gave the company an “outperform” rating in a report on Tuesday, February 18th. Finally, JPMorgan Chase & Co. lifted their price target on Wyndham Hotels & Resorts from $99.00 to $113.00 and gave the stock an “overweight” rating in a report on Friday, December 13th. Two research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $116.08.

Wyndham Hotels & Resorts Price Performance

Shares of NYSE WH opened at $92.25 on Monday. The stock has a market cap of $7.17 billion, a price-to-earnings ratio of 25.41, a PEG ratio of 1.87 and a beta of 1.28. The company has a debt-to-equity ratio of 3.72, a quick ratio of 1.00 and a current ratio of 1.00. Wyndham Hotels & Resorts has a fifty-two week low of $67.67 and a fifty-two week high of $113.07. The firm’s 50-day simple moving average is $102.57 and its 200 day simple moving average is $95.30.

Wyndham Hotels & Resorts (NYSE:WH) last posted its earnings results on Wednesday, February 12th. The company reported $1.04 earnings per share 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, research analysts anticipate that Wyndham Hotels & Resorts will post 4.79 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in WH. Smartleaf Asset Management LLC lifted its holdings in Wyndham Hotels & Resorts by 46.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 343 shares of the company’s stock valued at $35,000 after purchasing an additional 108 shares during the last quarter. Principal Securities Inc. raised its position in shares of Wyndham Hotels & Resorts by 1.0% in the fourth quarter. Principal Securities Inc. now owns 10,941 shares of the company’s stock valued at $1,103,000 after purchasing an additional 113 shares during the period. Equitable Trust Co. lifted its stake in shares of Wyndham Hotels & Resorts by 1.5% during the 4th quarter. Equitable Trust Co. now owns 9,295 shares of the company’s stock valued at $937,000 after buying an additional 135 shares in the last quarter. M&T Bank Corp boosted its holdings in Wyndham Hotels & Resorts by 4.2% in the 3rd quarter. M&T Bank Corp now owns 3,415 shares of the company’s stock worth $267,000 after buying an additional 138 shares during the period. Finally, UMB Bank n.a. boosted its holdings in Wyndham Hotels & Resorts by 72.7% in the 4th quarter. UMB Bank n.a. now owns 399 shares of the company’s stock worth $40,000 after buying an additional 168 shares during the period. Institutional investors 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 Hotel Franchising and Hotel Management segments. The Hotel Franchising segment focuses on licensing the company’s lodging brands and providing related services to third-party hotel owners and others.