Wyndham Hotels & Resorts (NYSE:WH) Stock Price Expected to Rise, Jefferies Financial Group Analyst Says

Wyndham Hotels & Resorts (NYSE:WH) had its price target raised by Jefferies Financial Group from $107.00 to $120.00 in a research note released on Thursday,Benzinga reports. They currently have a buy rating on the stock.

Other research analysts also recently issued reports about the company. Barclays increased their price objective on Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the company an “overweight” rating in a research note on Friday, December 13th. Robert W. Baird increased their target price on shares of Wyndham Hotels & Resorts from $92.00 to $97.00 and gave the company an “outperform” rating in a research report on Friday, October 25th. The Goldman Sachs Group boosted their price target on shares of Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the stock a “buy” rating in a research report on Tuesday, December 10th. Wells Fargo & Company started 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 objective for the company. Finally, 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 report on Friday, December 13th. Three equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat, Wyndham Hotels & Resorts presently has an average rating of “Moderate Buy” and a consensus price target of $107.00.

Wyndham Hotels & Resorts Stock Performance

WH opened at $99.80 on Thursday. The firm’s fifty day simple moving average is $97.70 and its two-hundred day simple moving average is $83.92. Wyndham Hotels & Resorts has a 52-week low of $67.67 and a 52-week high of $105.16. The company has a market cap of $7.76 billion, a price-to-earnings ratio of 31.68, a PEG ratio of 2.42 and a beta of 1.32. 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 issued its quarterly earnings results on Wednesday, October 23rd. The company reported $1.39 earnings per share for the quarter, beating analysts’ consensus estimates of $1.38 by $0.01. Wyndham Hotels & Resorts had a net margin of 18.29% and a return on equity of 51.79%. The firm had revenue of $396.00 million for the quarter, compared to analyst estimates of $408.32 million. During the same period last year, the company posted $1.31 EPS. Wyndham Hotels & Resorts’s quarterly revenue was down 1.5% compared to the same quarter last year. Equities analysts anticipate that Wyndham Hotels & Resorts will post 4.29 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, December 27th. Shareholders of record on Friday, December 13th were paid a dividend of $0.38 per share. The ex-dividend date was Friday, December 13th. This represents a $1.52 annualized dividend and a yield of 1.52%. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is 48.25%.

Insider Activity

In other news, Director Stephen P. Holmes sold 80,000 shares of the business’s stock in a transaction that occurred on Friday, October 25th. The shares were sold at an average price of $91.01, for a total value of $7,280,800.00. Following the sale, the director now directly owns 366,371 shares of the company’s stock, valued at approximately $33,343,424.71. The trade was a 17.92 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Michele Allen sold 15,000 shares of the stock in a transaction that occurred on Friday, October 25th. The stock was sold at an average price of $89.99, for a total transaction of $1,349,850.00. Following the transaction, the chief financial officer now directly owns 10,056 shares of the company’s stock, valued at $904,939.44. The trade was a 59.87 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 97,850 shares of company stock valued at $8,881,849 in the last quarter. Insiders own 2.79% of the company’s stock.

Institutional Investors Weigh In On Wyndham Hotels & Resorts

Several institutional investors and hedge funds have recently modified their holdings of WH. Assetmark Inc. acquired a new stake in Wyndham Hotels & Resorts during the 3rd quarter worth approximately $30,000. Nomura Asset Management Co. Ltd. increased its position in shares of 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 period. First Horizon Advisors Inc. raised its stake 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 acquiring an additional 203 shares in the last quarter. Concord Wealth Partners boosted its holdings in Wyndham Hotels & Resorts by 115.5% in the third quarter. Concord Wealth Partners now owns 543 shares of the company’s stock valued at $42,000 after purchasing an additional 291 shares during the period. Finally, Brooklyn Investment Group acquired a new position in Wyndham Hotels & Resorts during the 3rd quarter worth $49,000. 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.