Wyndham Hotels & Resorts, Inc. (NYSE:WH) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) have been given a consensus recommendation of “Moderate Buy” by the eight research firms that are currently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 12-month price target among analysts that have covered the stock in the last year is $90.13.

A number of research analysts have recently issued reports on the stock. Susquehanna assumed coverage on shares of Wyndham Hotels & Resorts in a research note on Friday, June 21st. They set a “neutral” rating and a $80.00 price target on the stock. StockNews.com lowered shares of Wyndham Hotels & Resorts from a “hold” rating to a “sell” rating in a research report on Monday. Barclays boosted their price target on Wyndham Hotels & Resorts from $88.00 to $90.00 and gave the stock an “overweight” rating in a research note on Friday, July 26th. Stifel Nicolaus lowered their price target on Wyndham Hotels & Resorts from $91.50 to $89.00 and set a “buy” rating on the stock in a report on Thursday, July 25th. Finally, The Goldman Sachs Group started coverage on Wyndham Hotels & Resorts in a report on Wednesday, September 18th. They set a “buy” rating and a $96.00 price objective for the company.

Insider Activity at Wyndham Hotels & Resorts

In other Wyndham Hotels & Resorts news, 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 sale, the chief accounting officer now directly owns 4,107 shares of the company’s stock, valued at $315,006.90. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other Wyndham Hotels & Resorts news, CAO Nicola Rossi sold 7,297 shares of the stock in a transaction on Friday, July 26th. The stock was 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. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, insider Monica Melancon sold 5,040 shares of Wyndham Hotels & Resorts stock in a transaction on Friday, September 6th. The shares were sold at an average price of $77.66, for a total value of $391,406.40. Following the completion of the sale, the insider now directly owns 10,606 shares of the company’s stock, valued at approximately $823,661.96. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 12,640 shares of company stock valued at $974,351. 2.79% of the stock is owned by insiders.

Institutional Investors Weigh In On Wyndham Hotels & Resorts

Several hedge funds have recently modified their holdings of the stock. GAMMA Investing LLC boosted 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 acquiring an additional 207 shares during the last quarter. Blue Trust Inc. increased its position in Wyndham Hotels & Resorts by 1,245.1% during the 2nd quarter. Blue Trust Inc. now owns 686 shares of the company’s stock worth $53,000 after purchasing an additional 635 shares in the last quarter. Family Firm Inc. acquired a new position in Wyndham Hotels & Resorts during the second quarter valued at approximately $67,000. International Assets Investment Management LLC purchased a new stake in Wyndham Hotels & Resorts during the second quarter worth approximately $70,000. Finally, Concord Wealth Partners increased its position in shares of Wyndham Hotels & Resorts by 70.8% in the first quarter. Concord Wealth Partners now owns 1,023 shares of the company’s stock worth $79,000 after acquiring an additional 424 shares in the last quarter. 93.46% of the stock is owned by institutional investors and hedge funds.

Wyndham Hotels & Resorts Price Performance

Shares of NYSE:WH opened at $82.72 on Friday. The company has a debt-to-equity ratio of 3.83, a quick ratio of 0.90 and a current ratio of 0.90. Wyndham Hotels & Resorts has a one year low of $67.67 and a one year high of $82.77. The company has a 50-day simple moving average of $77.96 and a 200-day simple moving average of $74.50. The stock has a market capitalization of $6.67 billion, a price-to-earnings ratio of 29.33, a PEG ratio of 2.82 and a beta of 1.33.

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, beating analysts’ consensus estimates of $1.03 by $0.10. Wyndham Hotels & Resorts had a return on equity of 47.05% and a net margin of 18.28%. The business had revenue of $367.00 million for the quarter, compared to analyst estimates of $370.58 million. During the same quarter in the previous year, the company posted $0.93 earnings per share. The company’s revenue for the quarter was up 1.4% compared to the same quarter last year. On average, analysts predict that Wyndham Hotels & Resorts will post 4.27 EPS for the current year.

Wyndham Hotels & Resorts Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Friday, September 13th were paid a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.84%. The ex-dividend date was Friday, September 13th. Wyndham Hotels & Resorts’s payout ratio is currently 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.