Wyndham Hotels & Resorts (NYSE:WH) Coverage Initiated by Analysts at StockNews.com

Research analysts at StockNews.com assumed coverage on shares of Wyndham Hotels & Resorts (NYSE:WH) in a research note issued to investors on Friday. The firm set a “hold” rating on the stock.

Wyndham Hotels & Resorts Trading Down 0.2 %

Shares of NYSE:WH opened at $69.31 on Friday. The company has a market cap of $5.61 billion, a PE ratio of 20.39, a P/E/G ratio of 3.23 and a beta of 1.35. The company’s 50-day moving average price is $76.26 and its 200 day moving average price is $76.52. Wyndham Hotels & Resorts has a fifty-two week low of $63.69 and a fifty-two week high of $81.73. 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 (NYSE:WH) last issued its quarterly earnings data on Wednesday, February 14th. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate 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 firm had revenue of $321.00 million for the quarter, compared to the consensus estimate of $321.35 million. During the same period last year, the firm posted $0.72 EPS. Wyndham Hotels & Resorts’s quarterly revenue was down 3.9% compared to the same quarter last year. Sell-side analysts anticipate that Wyndham Hotels & Resorts will post 4.22 earnings per share for the current year.

Insiders Place Their Bets

In related news, CAO Nicola Rossi sold 3,200 shares of the business’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 value of $252,800.00. Following the sale, the chief accounting officer now directly owns 11,404 shares in the company, valued at approximately $900,916. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.79% of the stock is owned by insiders.

Institutional Trading of Wyndham Hotels & Resorts

Hedge funds and other institutional investors have recently made changes to their positions in the business. 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 worth $32,000 after purchasing an additional 152 shares in the last quarter. Rockefeller Capital Management L.P. raised its holdings in shares of Wyndham Hotels & Resorts by 139.3% in the 4th quarter. Rockefeller Capital Management L.P. now owns 438 shares of the company’s stock worth $31,000 after purchasing an additional 255 shares in the last quarter. Money Concepts Capital Corp purchased a new position in shares of Wyndham Hotels & Resorts in the fourth quarter worth approximately $33,000. Systematic Alpha Investments LLC purchased a new position in shares of Wyndham Hotels & Resorts in the third quarter worth approximately $37,000. Finally, Chilton Capital Management LLC purchased a new position in shares of Wyndham Hotels & Resorts in the fourth quarter worth approximately $47,000. 93.46% of the stock is currently owned by institutional investors.

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.