Wyndham Hotels & Resorts (NYSE:WH) Earns Hold Rating from Analysts at StockNews.com

StockNews.com assumed coverage on shares of Wyndham Hotels & Resorts (NYSE:WH) in a research report report published on Sunday morning. The brokerage issued a hold rating on the stock.

Other analysts have also issued research reports about the company. Barclays lifted their target price on Wyndham Hotels & Resorts from $87.00 to $88.00 and gave the stock an overweight rating in a report on Friday, April 26th. Robert W. Baird boosted their target price on Wyndham Hotels & Resorts from $86.00 to $88.00 and gave the stock an outperform rating in a research report on Friday, April 26th. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of Moderate Buy and an average price target of $88.17.

Wyndham Hotels & Resorts Stock Performance

Shares of Wyndham Hotels & Resorts stock opened at $74.17 on Friday. The business has a fifty day simple moving average of $74.66 and a two-hundred day simple moving average of $76.92. The firm has a market capitalization 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. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 3.27. Wyndham Hotels & Resorts has a 12 month low of $63.69 and a 12 month high of $81.73.

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

Wyndham Hotels & Resorts Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 15th were issued a $0.38 dividend. The ex-dividend date of this dividend was Thursday, March 14th. This is a boost from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.35. This represents a $1.52 dividend on an annualized basis and a yield of 2.05%. Wyndham Hotels & Resorts’s payout ratio is currently 53.90%.

Insider Buying and Selling at Wyndham Hotels & Resorts

In related news, CAO Nicola Rossi sold 3,200 shares of the firm’s stock in a transaction on Tuesday, March 12th. The shares were sold at an average price of $79.00, for a total transaction of $252,800.00. Following the completion of the transaction, the chief accounting officer now directly owns 11,404 shares of the company’s stock, valued at $900,916. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, CAO Nicola Rossi sold 3,200 shares of the stock in a transaction that occurred on Tuesday, March 12th. The stock was sold at an average price of $79.00, for a total transaction of $252,800.00. Following the completion of the transaction, the chief accounting officer now directly owns 11,404 shares of the company’s stock, valued at $900,916. The sale was disclosed in a filing with the SEC, which is available through this link. Also, 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 completion of the sale, the chief executive officer now directly owns 377,712 shares in the company, valued at approximately $27,708,952.32. The disclosure for this sale can be found here. Insiders own 2.79% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Brown Advisory Inc. increased its position in Wyndham Hotels & Resorts by 60.3% during the third quarter. Brown Advisory Inc. now owns 125,649 shares of the company’s stock valued at $8,738,000 after acquiring an additional 47,280 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its position in Wyndham Hotels & Resorts by 8.6% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 25,156 shares of the company’s stock worth $1,749,000 after purchasing an additional 1,987 shares during the period. Strs Ohio purchased a new stake in Wyndham Hotels & Resorts in the 3rd quarter worth about $1,159,000. Washington Capital Management Inc. bought a new stake in Wyndham Hotels & Resorts in the third quarter worth about $584,000. Finally, Leith Wheeler Investment Counsel Ltd. boosted its position in shares of Wyndham Hotels & Resorts by 1.1% during the third quarter. Leith Wheeler Investment Counsel Ltd. now owns 105,916 shares of the company’s stock valued at $7,365,000 after buying an additional 1,200 shares during the period. Hedge funds and other institutional investors own 93.46% of the company’s stock.

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.