Wyndham Hotels & Resorts (NYSE:WH) Receives New Coverage from Analysts at Susquehanna

Susquehanna assumed coverage on shares of Wyndham Hotels & Resorts (NYSE:WH) in a report published on Friday, Marketbeat Ratings reports. The firm issued a neutral rating and a $80.00 price target on the stock.

Several other analysts have also commented on WH. Robert W. Baird raised their price objective on Wyndham Hotels & Resorts from $86.00 to $88.00 and gave the company an outperform rating in a report on Friday, April 26th. Barclays raised their price objective on Wyndham Hotels & Resorts from $87.00 to $88.00 and gave the company an overweight rating in a report on Friday, April 26th. Finally, StockNews.com started coverage on Wyndham Hotels & Resorts in a report on Friday, June 14th. They issued a hold rating on the stock. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of Moderate Buy and an average target price of $87.00.

Wyndham Hotels & Resorts Stock Up 0.5 %

Shares of WH stock opened at $74.16 on Friday. The stock has a 50 day moving average of $71.60 and a 200 day moving average of $75.78. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 3.27. The stock has a market cap of $5.98 billion, a P/E ratio of 26.30, a P/E/G ratio of 2.55 and a beta of 1.33. Wyndham Hotels & Resorts has a twelve month low of $65.54 and a twelve month high of $81.73.

Wyndham Hotels & Resorts (NYSE:WH) last announced its quarterly earnings results on Wednesday, April 24th. The company reported $0.78 earnings per share for the quarter, beating the consensus estimate of $0.75 by $0.03. The company had revenue of $305.00 million during the quarter, compared to analysts’ expectations of $308.24 million. Wyndham Hotels & Resorts had a return on equity of 41.83% and a net margin of 17.19%. Wyndham Hotels & Resorts’s quarterly revenue was down 2.6% on a year-over-year basis. During the same period last year, the business earned $0.86 earnings per share. As a group, sell-side analysts expect that Wyndham Hotels & Resorts will post 4.25 EPS for the current year.

Wyndham Hotels & Resorts Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, June 14th will be paid a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 2.05%. The ex-dividend date is Friday, June 14th. Wyndham Hotels & Resorts’s dividend payout ratio is presently 53.90%.

Insider Transactions at Wyndham Hotels & Resorts

In other news, CEO Geoffrey A. Ballotti sold 196,279 shares of Wyndham Hotels & Resorts stock in a transaction that occurred on Wednesday, May 1st. The stock was sold at an average price of $73.36, for a total value of $14,399,027.44. Following the sale, the chief executive officer now directly owns 377,712 shares of the company’s stock, valued at $27,708,952.32. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Wyndham Hotels & Resorts news, CEO Geoffrey A. Ballotti sold 196,279 shares of the business’s stock in a transaction on Wednesday, May 1st. The stock was sold at an average price of $73.36, for a total transaction of $14,399,027.44. Following the transaction, the chief executive officer now owns 377,712 shares of the company’s stock, valued at $27,708,952.32. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Scott R. Strickland sold 4,040 shares of the business’s stock in a transaction on Friday, May 24th. The stock was sold at an average price of $69.46, for a total value of $280,618.40. Following the transaction, the insider now directly owns 28,722 shares in the company, valued at approximately $1,995,030.12. The disclosure for this sale can be found here. Insiders have sold 206,933 shares of company stock valued at $15,130,227 over the last ninety days. Insiders own 2.79% of the company’s stock.

Hedge Funds Weigh In On Wyndham Hotels & Resorts

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Janney Capital Management LLC raised its position in Wyndham Hotels & Resorts by 3.1% in the fourth quarter. Janney Capital Management LLC now owns 4,887 shares of the company’s stock valued at $393,000 after purchasing an additional 145 shares during the period. Tributary Capital Management LLC raised its position in Wyndham Hotels & Resorts by 1.9% in the fourth 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 during the period. Allworth Financial LP raised its holdings in shares of Wyndham Hotels & Resorts by 62.6% in the 4th quarter. Allworth Financial LP now owns 395 shares of the company’s stock valued at $32,000 after buying an additional 152 shares during the period. Treasurer of the State of North Carolina raised its holdings in shares of Wyndham Hotels & Resorts by 0.5% in the 3rd quarter. Treasurer of the State of North Carolina now owns 36,914 shares of the company’s stock valued at $2,567,000 after buying an additional 180 shares during the period. Finally, Signaturefd LLC raised its holdings in shares of Wyndham Hotels & Resorts by 24.1% in the 4th quarter. Signaturefd LLC now owns 1,052 shares of the company’s stock valued at $85,000 after buying an additional 204 shares during the period. Institutional investors and hedge funds own 93.46% of the company’s stock.

About Wyndham Hotels & Resorts

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.