Wyndham Hotels & Resorts, Inc. (NYSE:WH) Given Average Rating of “Moderate Buy” by Analysts

Wyndham Hotels & Resorts, Inc. (NYSE:WH) has been given an average recommendation of “Moderate Buy” by the ten analysts that are currently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a hold recommendation and nine have issued a buy recommendation on the company. The average twelve-month target price among brokers that have covered the stock in the last year is $108.10.

WH has been the subject of several analyst reports. Oppenheimer raised their target price on Wyndham Hotels & Resorts from $90.00 to $115.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 12th. The Goldman Sachs Group boosted their price objective on shares of Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the company a “buy” rating in a research note on Tuesday, December 10th. Barclays increased their target price on shares of Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the stock an “overweight” rating in a research note on Friday, December 13th. Wells Fargo & Company raised shares of Wyndham Hotels & Resorts from an “equal weight” rating to an “overweight” rating and raised their price target for the company from $103.00 to $114.00 in a report on Friday, January 10th. Finally, JPMorgan Chase & Co. upped their price target on shares of Wyndham Hotels & Resorts from $99.00 to $113.00 and gave the stock an “overweight” rating in a report on Friday, December 13th.

Wyndham Hotels & Resorts Price Performance

WH opened at $104.86 on Tuesday. The company has a market capitalization of $8.16 billion, a price-to-earnings ratio of 33.29, a PEG ratio of 2.22 and a beta of 1.30. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 4.19. The firm has a 50-day moving average price of $100.70 and a 200-day moving average price of $87.27. Wyndham Hotels & Resorts has a twelve month low of $67.67 and a twelve month high of $106.16.

Wyndham Hotels & Resorts (NYSE:WH) last issued its earnings results on Wednesday, October 23rd. The company reported $1.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.38 by $0.01. The business had revenue of $396.00 million for the quarter, compared to analysts’ expectations of $408.32 million. Wyndham Hotels & Resorts had a net margin of 18.29% and a return on equity of 51.79%. The business’s revenue for the quarter was down 1.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.31 EPS. Equities analysts expect that Wyndham Hotels & Resorts will post 4.29 EPS for the current year.

Wyndham Hotels & Resorts Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 27th. Stockholders of record on Friday, December 13th were paid a dividend of $0.38 per share. The ex-dividend date of this dividend was Friday, December 13th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.45%. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is currently 48.25%.

Insider Activity at Wyndham Hotels & Resorts

In other news, insider Scott R. Strickland sold 2,850 shares of the company’s stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of $88.14, for a total transaction of $251,199.00. Following the completion of the transaction, the insider now directly owns 26,062 shares of the company’s stock, valued at approximately $2,297,104.68. This represents a 9.86 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 2.79% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Wyndham Hotels & Resorts

A number of institutional investors have recently bought and sold shares of WH. American Century Companies Inc. raised its position in shares of Wyndham Hotels & Resorts by 7.0% in the 2nd quarter. American Century Companies Inc. now owns 15,495 shares of the company’s stock worth $1,147,000 after acquiring an additional 1,010 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in Wyndham Hotels & Resorts by 48.1% in the second quarter. Envestnet Asset Management Inc. now owns 91,173 shares of the company’s stock worth $6,747,000 after purchasing an additional 29,611 shares during the period. Dimensional Fund Advisors LP raised its holdings in Wyndham Hotels & Resorts by 18.9% in the second quarter. Dimensional Fund Advisors LP now owns 1,237,944 shares of the company’s stock worth $91,609,000 after purchasing an additional 196,982 shares in the last quarter. Hsbc Holdings PLC purchased a new position in Wyndham Hotels & Resorts during the second quarter valued at $1,425,000. Finally, Intech Investment Management LLC bought a new stake in shares of Wyndham Hotels & Resorts during the 2nd quarter valued at $233,000. 93.46% of the stock is owned by institutional investors.

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.