Wyndham Hotels & Resorts, Inc. (NYSE:WH) Given Consensus Rating of “Buy” by Analysts

Wyndham Hotels & Resorts, Inc. (NYSE:WH) has been assigned an average recommendation of “Buy” from the six research firms that are covering the company, MarketBeat reports. Six investment analysts have rated the stock with a buy rating. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $88.00.

Several equities research analysts have issued reports on the company. Barclays dropped their price objective on Wyndham Hotels & Resorts from $90.00 to $87.00 and set an “overweight” rating on the stock in a report on Friday. Robert W. Baird dropped their price objective on Wyndham Hotels & Resorts from $87.00 to $86.00 and set an “outperform” rating on the stock in a report on Friday. Finally, StockNews.com assumed coverage on Wyndham Hotels & Resorts in a report on Friday. They issued a “hold” rating for the company.

Insider Activity at Wyndham Hotels & Resorts

In related news, CAO Nicola Rossi sold 3,200 shares of the business’s stock in a transaction that occurred on Tuesday, March 12th. The stock was sold at an average price of $79.00, for a total transaction of $252,800.00. Following the completion of the transaction, the chief accounting officer now owns 11,404 shares in the company, valued at approximately $900,916. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 2.79% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. Wetherby Asset Management Inc. boosted its position in Wyndham Hotels & Resorts by 5.9% during the 1st quarter. Wetherby Asset Management Inc. now owns 2,423 shares of the company’s stock worth $205,000 after acquiring an additional 134 shares during the period. WINTON GROUP Ltd raised its stake in shares of Wyndham Hotels & Resorts by 2.3% in the 3rd quarter. WINTON GROUP Ltd now owns 6,517 shares of the company’s stock worth $453,000 after buying an additional 144 shares in the last quarter. Janney Capital Management LLC raised its stake in shares of Wyndham Hotels & Resorts by 3.1% in the 4th quarter. Janney Capital Management LLC now owns 4,887 shares of the company’s stock worth $393,000 after buying an additional 145 shares in the last quarter. Tributary Capital Management LLC raised its stake in shares of Wyndham Hotels & Resorts by 1.9% in the 4th quarter. Tributary Capital Management LLC now owns 7,700 shares of the company’s stock worth $619,000 after buying an additional 146 shares in the last quarter. Finally, Patriot Financial Group Insurance Agency LLC raised its stake in shares of Wyndham Hotels & Resorts by 4.1% in the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 3,739 shares of the company’s stock worth $260,000 after buying an additional 147 shares in the last quarter. Institutional investors and hedge funds own 93.46% of the company’s stock.

Wyndham Hotels & Resorts Price Performance

WH stock opened at $69.92 on Friday. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 2.90. Wyndham Hotels & Resorts has a 52-week low of $63.69 and a 52-week high of $81.73. The stock’s 50 day moving average is $76.06 and its two-hundred day moving average is $76.60. The company has a market capitalization of $5.66 billion, a PE ratio of 20.56, a P/E/G ratio of 3.16 and a beta of 1.35.

Wyndham Hotels & Resorts (NYSE:WH) last posted its quarterly earnings data on Wednesday, February 14th. The company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.90 by $0.01. Wyndham Hotels & Resorts had a return on equity of 39.91% and a net margin of 20.74%. The company had revenue of $321.00 million for the quarter, compared to the consensus estimate of $321.35 million. During the same period in the previous year, the business earned $0.72 EPS. Wyndham Hotels & Resorts’s revenue for the quarter was down 3.9% compared to the same quarter last year. Analysts predict that Wyndham Hotels & Resorts will post 4.22 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 15th were given a dividend of $0.38 per share. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $1.52 dividend on an annualized basis and a yield of 2.17%. This is a positive change from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.35. Wyndham Hotels & Resorts’s payout ratio is currently 44.71%.

About Wyndham Hotels & Resorts

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.