Brokerages Set Wyndham Hotels & Resorts, Inc. (NYSE:WH) Price Target at $108.10

Wyndham Hotels & Resorts, Inc. (NYSE:WH) has received an average rating of “Moderate Buy” from the ten analysts that are covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and nine have given a buy recommendation to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $108.10.

Several analysts recently issued reports on the stock. The Goldman Sachs Group upped their price target on shares of Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the company a “buy” rating in a report on Tuesday, December 10th. Oppenheimer upped their target price on shares of Wyndham Hotels & Resorts from $90.00 to $115.00 and gave the company an “outperform” rating in a research note on Tuesday, November 12th. Robert W. Baird lifted their price target on Wyndham Hotels & Resorts from $92.00 to $97.00 and gave the stock an “outperform” rating in a research note on Friday, October 25th. Stifel Nicolaus upped their price objective on Wyndham Hotels & Resorts from $92.00 to $107.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Finally, Truist Financial increased their target price on Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the stock a “buy” rating in a report on Friday, October 25th.

Insider Transactions at Wyndham Hotels & Resorts

In related news, insider Scott R. Strickland sold 2,850 shares of the company’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 sale, the insider now owns 26,062 shares in the company, valued at approximately $2,297,104.68. This represents a 9.86 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 2.79% of the company’s stock.

Institutional Investors Weigh In On Wyndham Hotels & Resorts

A number of institutional investors have recently bought and sold shares of the business. Thrivent Financial for Lutherans raised its position in 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 valued at $136,533,000 after acquiring an additional 506,593 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Wyndham Hotels & Resorts by 18.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,237,944 shares of the company’s stock valued at $91,609,000 after purchasing an additional 196,982 shares during the last quarter. Millennium Management LLC boosted its holdings in Wyndham Hotels & Resorts by 12.6% in the second quarter. Millennium Management LLC now owns 1,174,404 shares of the company’s stock worth $86,906,000 after purchasing an additional 131,848 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in Wyndham Hotels & Resorts by 1.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 722,082 shares of the company’s stock worth $56,423,000 after buying an additional 7,241 shares during the last quarter. Finally, Janus Henderson Group PLC raised its holdings in Wyndham Hotels & Resorts by 4.5% during the third quarter. Janus Henderson Group PLC now owns 628,521 shares of the company’s stock valued at $49,116,000 after buying an additional 27,172 shares in the last quarter. 93.46% of the stock is currently owned by institutional investors and hedge funds.

Wyndham Hotels & Resorts Trading Down 0.4 %

Shares of WH opened at $105.46 on Tuesday. Wyndham Hotels & Resorts has a 12 month low of $67.67 and a 12 month high of $106.16. The stock’s 50-day moving average is $100.54 and its two-hundred day moving average is $86.94. The company has a debt-to-equity ratio of 4.19, a current ratio of 0.97 and a quick ratio of 0.97. The stock has a market cap of $8.20 billion, a PE ratio of 33.48, a P/E/G ratio of 2.21 and a beta of 1.30.

Wyndham Hotels & Resorts (NYSE:WH) last posted its earnings results on Wednesday, October 23rd. The company reported $1.39 EPS for the quarter, topping 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 business had revenue of $396.00 million for the quarter, compared to analysts’ expectations of $408.32 million. During the same period in the previous year, the company posted $1.31 earnings per share. The business’s revenue for the quarter was down 1.5% compared to the same quarter last year. Equities analysts forecast 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 declared a quarterly dividend, which was paid on Friday, December 27th. Shareholders of record on Friday, December 13th were given a $0.38 dividend. The ex-dividend date was Friday, December 13th. This represents a $1.52 annualized dividend and a yield of 1.44%. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is 48.25%.

Wyndham Hotels & Resorts Company Profile

Wyndham Hotels & Resorts, Inc engages in the franchise and operation of hotels under the Wyndham brand. It operates through the following segments: Hotel Franchising, Hotel Management, and Corporate and Other. The Hotel Franchising segment focuses on licensing the company’s lodging brands and providing related services to third-party hotel owners and others.