Analysts Set Wyndham Hotels & Resorts, Inc. (NYSE:WH) Price Target at $88.00

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

WH has been the subject of several recent research reports. Robert W. Baird reduced their price target on Wyndham Hotels & Resorts from $87.00 to $86.00 and set an “outperform” rating for the company in a research report on Friday, April 19th. Barclays cut their price objective on Wyndham Hotels & Resorts from $90.00 to $87.00 and set an “overweight” rating for the company in a report on Friday, April 19th. Finally, StockNews.com started coverage on shares of Wyndham Hotels & Resorts in a report on Friday, April 19th. They set a “hold” rating on the stock.

Insider Activity

In other Wyndham Hotels & Resorts news, CAO Nicola Rossi sold 3,200 shares of the firm’s stock in a transaction that occurred on Tuesday, March 12th. The shares were sold at an average price of $79.00, for a total transaction of $252,800.00. Following the completion of the sale, the chief accounting officer now directly owns 11,404 shares in the company, valued at $900,916. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 2.79% of the company’s stock.

Institutional Investors Weigh In On Wyndham Hotels & Resorts

A number of hedge funds and other institutional investors have recently modified their holdings of the company. WINTON GROUP Ltd lifted its holdings in shares of Wyndham Hotels & Resorts by 2.3% during the 3rd quarter. WINTON GROUP Ltd now owns 6,517 shares of the company’s stock worth $453,000 after acquiring an additional 144 shares during the period. Janney Capital Management LLC lifted its stake in Wyndham Hotels & Resorts by 3.1% during the fourth quarter. Janney Capital Management LLC now owns 4,887 shares of the company’s stock worth $393,000 after purchasing an additional 145 shares during the last quarter. Tributary Capital Management LLC boosted its holdings 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 valued at $619,000 after purchasing an additional 146 shares in the last quarter. Patriot Financial Group Insurance Agency LLC increased 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 valued at $260,000 after purchasing an additional 147 shares during the last quarter. Finally, Allworth Financial LP raised its holdings in shares of Wyndham Hotels & Resorts by 62.6% during the 4th quarter. Allworth Financial LP now owns 395 shares of the company’s stock worth $32,000 after buying an additional 152 shares in the last quarter. Institutional investors and hedge funds own 93.46% of the company’s stock.

Wyndham Hotels & Resorts Trading Up 2.3 %

NYSE:WH opened at $71.50 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 twelve month low of $63.69 and a twelve month high of $81.73. The company has a market cap of $5.79 billion, a P/E ratio of 21.03, a price-to-earnings-growth ratio of 3.18 and a beta of 1.35. The business has a 50 day moving average price of $75.72 and a two-hundred day moving average price of $76.71.

Wyndham Hotels & Resorts (NYSE:WH) last released its earnings results on Wednesday, February 14th. The company reported $0.91 earnings per share for the quarter, beating analysts’ consensus estimates of $0.90 by $0.01. Wyndham Hotels & Resorts had a net margin of 20.74% and a return on equity of 39.91%. The business had revenue of $321.00 million during the quarter, compared to the consensus estimate of $321.35 million. During the same quarter last year, the firm earned $0.72 earnings per share. The firm’s revenue for the quarter was down 3.9% compared to the same quarter last year. As a group, analysts expect that Wyndham Hotels & Resorts will post 4.22 EPS 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. Shareholders of record on Friday, March 15th were issued a $0.38 dividend. This is an increase from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.35. This represents a $1.52 annualized dividend and a dividend yield of 2.13%. The ex-dividend date of this dividend was Thursday, March 14th. Wyndham Hotels & Resorts’s payout ratio is currently 44.71%.

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.