Wyndham Hotels & Resorts, Inc. (NYSE:WH) Given Average Rating of “Moderate Buy” by Brokerages

Wyndham Hotels & Resorts, Inc. (NYSE:WH) has received a consensus rating of “Moderate Buy” from the nine research firms that are covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $105.56.

A number of equities research analysts recently commented on WH shares. Barclays upped their price objective on Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the company an “overweight” rating in a report on Friday, December 13th. Oppenheimer boosted their price objective on shares of Wyndham Hotels & Resorts from $90.00 to $115.00 and gave the company an “outperform” rating in a report on Tuesday, November 12th. 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 report on Friday, October 25th. Wells Fargo & Company assumed coverage on shares of Wyndham Hotels & Resorts in a report on Thursday, December 5th. They issued an “equal weight” rating and a $103.00 price target for the company. Finally, Truist Financial raised their price objective on Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the stock a “buy” rating in a research note on Friday, October 25th.

Wyndham Hotels & Resorts Trading Down 0.0 %

WH stock opened at $101.94 on Friday. The business has a fifty day moving average of $96.02 and a 200-day moving average of $82.93. The company has a market cap of $7.93 billion, a P/E ratio of 32.36, a PEG ratio of 2.42 and a beta of 1.32. Wyndham Hotels & Resorts has a twelve month low of $67.67 and a twelve month high of $105.16. 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 (NYSE:WH) last announced its quarterly earnings data 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 firm had revenue of $396.00 million for the quarter, compared to analysts’ expectations of $408.32 million. Wyndham Hotels & Resorts had a net margin of 18.29% and a return on equity of 51.79%. The business’s revenue for the quarter was down 1.5% on a year-over-year basis. During the same period last year, the firm earned $1.31 earnings per share. As a group, equities research analysts expect that Wyndham Hotels & Resorts will post 4.29 EPS for the current year.

Wyndham Hotels & Resorts Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Shareholders of record on Friday, December 13th will be paid a $0.38 dividend. This represents a $1.52 annualized dividend and a yield of 1.49%. The ex-dividend date is Friday, December 13th. Wyndham Hotels & Resorts’s payout ratio is 48.25%.

Insider Transactions at Wyndham Hotels & Resorts

In related news, Director Stephen P. Holmes sold 80,000 shares of the company’s stock in a transaction dated Friday, October 25th. The stock was sold at an average price of $91.01, for a total transaction of $7,280,800.00. Following the sale, 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 legal filing with the SEC, which is accessible through this hyperlink. Also, insider Scott R. Strickland sold 2,850 shares of the firm’s stock in a transaction that occurred on Tuesday, November 5th. The shares were sold at an average price of $88.14, for a total value of $251,199.00. Following the completion of the transaction, the insider now owns 26,062 shares of the company’s stock, valued at approximately $2,297,104.68. This represents a 9.86 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 97,850 shares of company stock valued at $8,881,849 in the last ninety days. 2.79% of the stock is currently owned by corporate insiders.

Institutional Trading of Wyndham Hotels & Resorts

Several institutional investors and hedge funds have recently added to or reduced their stakes in WH. Assetmark Inc. bought a new stake in Wyndham Hotels & Resorts in the 3rd quarter valued at $30,000. Nomura Asset Management Co. Ltd. lifted its position in Wyndham Hotels & Resorts by 86.4% during the third quarter. Nomura Asset Management Co. Ltd. now owns 410 shares of the company’s stock worth $32,000 after acquiring an additional 190 shares during the last quarter. First Horizon Advisors Inc. grew its position in shares of Wyndham Hotels & Resorts by 76.9% in the third quarter. First Horizon Advisors Inc. now owns 467 shares of the company’s stock valued at $36,000 after purchasing an additional 203 shares during the last quarter. Concord Wealth Partners increased its stake in shares of Wyndham Hotels & Resorts by 115.5% during the third quarter. Concord Wealth Partners now owns 543 shares of the company’s stock worth $42,000 after purchasing an additional 291 shares during the period. Finally, Brooklyn Investment Group acquired a new stake in Wyndham Hotels & Resorts during the 3rd quarter worth approximately $49,000. 93.46% of the stock is owned by institutional investors.

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.