Analysts Set Wyndham Hotels & Resorts, Inc. (NYSE:WH) PT at $89.43

Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) have been given an average rating of “Moderate Buy” by the eight analysts that are covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the company. The average 1 year price target among brokers that have covered the stock in the last year is $90.25.

A number of equities research analysts have commented on WH shares. Barclays increased their price objective on shares of Wyndham Hotels & Resorts from $88.00 to $90.00 and gave the company an “overweight” rating in a research report on Friday, July 26th. The Goldman Sachs Group assumed coverage on shares of Wyndham Hotels & Resorts in a research report on Wednesday, September 18th. They issued a “buy” rating and a $96.00 price objective on the stock. Stifel Nicolaus dropped their target price on shares of Wyndham Hotels & Resorts from $91.50 to $89.00 and set a “buy” rating on the stock in a research report on Thursday, July 25th. Susquehanna assumed coverage on shares of Wyndham Hotels & Resorts in a research report on Friday, June 21st. They issued a “neutral” rating and a $80.00 target price on the stock. Finally, Truist Financial dropped their target price on shares of Wyndham Hotels & Resorts from $105.00 to $104.00 and set a “buy” rating on the stock in a research report on Friday, July 26th.

Insider Activity at Wyndham Hotels & Resorts

In other Wyndham Hotels & Resorts news, insider Monica Melancon sold 5,040 shares of the firm’s stock in a transaction dated Friday, September 6th. The shares were sold at an average price of $77.66, for a total transaction of $391,406.40. Following the completion of the transaction, the insider now directly owns 10,606 shares in the company, valued at approximately $823,661.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Wyndham Hotels & Resorts news, insider Monica Melancon sold 5,040 shares of the firm’s stock in a transaction dated Friday, September 6th. The shares were sold at an average price of $77.66, for a total transaction of $391,406.40. Following the completion of the transaction, the insider now directly owns 10,606 shares in the company, valued at approximately $823,661.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Nicola Rossi sold 7,297 shares of the firm’s stock in a transaction dated Friday, July 26th. The shares were sold at an average price of $76.70, for a total transaction of $559,679.90. Following the transaction, the chief accounting officer now owns 4,107 shares of the company’s stock, valued at $315,006.90. The disclosure for this sale can be found here. Insiders sold 12,640 shares of company stock worth $974,351 over the last 90 days. Company 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 WH. PFG Investments LLC grew its holdings in Wyndham Hotels & Resorts by 4.4% in the second quarter. PFG Investments LLC now owns 3,667 shares of the company’s stock valued at $271,000 after purchasing an additional 155 shares during the period. GAMMA Investing LLC grew its holdings in Wyndham Hotels & Resorts by 80.9% in the second quarter. GAMMA Investing LLC now owns 463 shares of the company’s stock valued at $34,000 after purchasing an additional 207 shares during the period. Private Advisor Group LLC grew its holdings in Wyndham Hotels & Resorts by 7.4% in the fourth quarter. Private Advisor Group LLC now owns 3,644 shares of the company’s stock valued at $293,000 after purchasing an additional 251 shares during the period. Oppenheimer & Co. Inc. grew its holdings in Wyndham Hotels & Resorts by 0.9% in the second quarter. Oppenheimer & Co. Inc. now owns 37,401 shares of the company’s stock valued at $2,768,000 after purchasing an additional 338 shares during the period. Finally, State of Michigan Retirement System grew its holdings in Wyndham Hotels & Resorts by 2.0% in the first quarter. State of Michigan Retirement System now owns 20,353 shares of the company’s stock valued at $1,562,000 after purchasing an additional 400 shares during the period. 93.46% of the stock is currently owned by hedge funds and other institutional investors.

Wyndham Hotels & Resorts Price Performance

Wyndham Hotels & Resorts stock opened at $79.40 on Wednesday. The company has a debt-to-equity ratio of 3.83, a quick ratio of 0.90 and a current ratio of 0.90. The company has a market capitalization of $6.40 billion, a price-to-earnings ratio of 28.16, a price-to-earnings-growth ratio of 2.70 and a beta of 1.33. The company’s 50 day simple moving average is $76.10 and its 200-day simple moving average is $74.12. Wyndham Hotels & Resorts has a 1 year low of $65.63 and a 1 year high of $81.73.

Wyndham Hotels & Resorts (NYSE:WH) last released its earnings results on Wednesday, July 24th. The company reported $1.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.03 by $0.10. The company had revenue of $367.00 million for the quarter, compared to analyst estimates of $370.58 million. Wyndham Hotels & Resorts had a net margin of 18.28% and a return on equity of 47.05%. The firm’s quarterly revenue was up 1.4% on a year-over-year basis. During the same period in the prior year, the business earned $0.93 EPS. As a group, equities research analysts expect that Wyndham Hotels & Resorts will post 4.27 earnings per share for the current year.

Wyndham Hotels & Resorts Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 27th. Investors of record on Friday, September 13th will be paid a $0.38 dividend. This represents a $1.52 annualized dividend and a dividend yield of 1.91%. The ex-dividend date is Friday, September 13th. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is 53.90%.

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.