Wyndham Hotels & Resorts, Inc. (NYSE:WH) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) have been given an average recommendation of “Moderate Buy” by the seven research firms that are presently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $100.00.

WH has been the topic of a number of research analyst reports. The Goldman Sachs Group assumed coverage on shares of Wyndham Hotels & Resorts in a research report on Wednesday, September 18th. They set a “buy” rating and a $96.00 price objective on the stock. Oppenheimer increased their price target on Wyndham Hotels & Resorts from $90.00 to $115.00 and gave the stock an “outperform” rating in a report on Tuesday, November 12th. Stifel Nicolaus boosted their price objective on Wyndham Hotels & Resorts from $92.00 to $107.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Robert W. Baird increased their target price on Wyndham Hotels & Resorts from $92.00 to $97.00 and gave the stock an “outperform” rating in a report on Friday, October 25th. Finally, Truist Financial boosted their price target on shares of Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the company a “buy” rating in a research note on Friday, October 25th.

Wyndham Hotels & Resorts Trading Up 0.6 %

Shares of WH stock opened at $98.18 on Monday. The company has a market cap of $7.64 billion, a P/E ratio of 31.17, a PEG ratio of 2.49 and a beta of 1.31. Wyndham Hotels & Resorts has a fifty-two week low of $67.67 and a fifty-two week high of $99.11. The stock has a 50 day simple moving average of $87.74 and a two-hundred day simple moving average of $78.85. The company has a debt-to-equity ratio of 4.19, a quick ratio of 0.97 and a current ratio of 0.97.

Wyndham Hotels & Resorts (NYSE:WH) last released its earnings results on Wednesday, October 23rd. The company reported $1.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.38 by $0.01. The company had revenue of $396.00 million for the quarter, compared to the consensus estimate of $408.32 million. Wyndham Hotels & Resorts had a net margin of 18.29% and a return on equity of 51.79%. Wyndham Hotels & Resorts’s quarterly revenue was down 1.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.31 EPS. Research analysts forecast that Wyndham Hotels & Resorts will post 4.3 earnings per share for the current year.

Wyndham Hotels & Resorts Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, December 27th. Investors of record on Friday, December 13th will be given a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a yield of 1.55%. The ex-dividend date of this dividend is Friday, December 13th. Wyndham Hotels & Resorts’s payout ratio is currently 48.25%.

Insider Buying and Selling at Wyndham Hotels & Resorts

In related news, Director Stephen P. Holmes sold 80,000 shares of the stock in a transaction dated Friday, October 25th. The shares were sold at an average price of $91.01, for a total transaction of $7,280,800.00. Following the completion of the transaction, the director now owns 366,371 shares in the company, valued at approximately $33,343,424.71. This represents a 17.92 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Michele Allen sold 15,000 shares of the business’s stock in a transaction dated Friday, October 25th. The shares were sold at an average price of $89.99, for a total transaction of $1,349,850.00. Following the completion of the transaction, the chief financial officer now owns 10,056 shares in the company, valued at approximately $904,939.44. The trade was a 59.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 102,890 shares of company stock worth $9,273,255. Corporate insiders own 2.79% of the company’s stock.

Hedge Funds Weigh In On Wyndham Hotels & Resorts

Several institutional investors have recently bought and sold shares of WH. Burgundy Asset Management Ltd. increased its stake in shares of Wyndham Hotels & Resorts by 70.9% in the second quarter. Burgundy Asset Management Ltd. now owns 2,210,658 shares of the company’s stock worth $163,589,000 after purchasing an additional 916,742 shares in the last quarter. Thrivent Financial for Lutherans lifted its position in shares of Wyndham Hotels & Resorts by 40.8% during the third quarter. Thrivent Financial for Lutherans now owns 1,747,295 shares of the company’s stock worth $136,533,000 after acquiring an additional 506,593 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Wyndham Hotels & Resorts by 18.9% in the second quarter. Dimensional Fund Advisors LP now owns 1,237,944 shares of the company’s stock worth $91,609,000 after acquiring an additional 196,982 shares during the period. Millennium Management LLC grew its position in shares of Wyndham Hotels & Resorts by 12.6% in the second quarter. Millennium Management LLC now owns 1,174,404 shares of the company’s stock valued at $86,906,000 after purchasing an additional 131,848 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of Wyndham Hotels & Resorts by 1.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 722,082 shares of the company’s stock valued at $56,423,000 after purchasing an additional 7,241 shares during the period. Hedge funds and other institutional investors own 93.46% of the company’s stock.

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.