Wyndham Hotels & Resorts (NYSE:WH) Given New $115.00 Price Target at The Goldman Sachs Group

Wyndham Hotels & Resorts (NYSE:WH) had its target price raised by The Goldman Sachs Group from $100.00 to $115.00 in a research report sent to investors on Tuesday morning,Benzinga reports. They currently have a buy rating on the stock.

Other equities research analysts also recently issued reports about the company. Stifel Nicolaus increased their price target on Wyndham Hotels & Resorts from $92.00 to $107.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. StockNews.com upgraded Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a research report on Friday, November 1st. Truist Financial upped their price target on shares of Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the stock a “buy” rating in a report on Friday, October 25th. Barclays boosted their price target on Wyndham Hotels & Resorts from $90.00 to $100.00 and gave the company an “overweight” rating in a report on Friday, October 25th. Finally, Oppenheimer increased their target price on shares of Wyndham Hotels & Resorts from $90.00 to $115.00 and gave the stock an “outperform” rating in a report on Tuesday, November 12th. Three research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $102.75.

Wyndham Hotels & Resorts Stock Up 0.1 %

NYSE WH opened at $104.01 on Tuesday. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 4.19. Wyndham Hotels & Resorts has a 52 week low of $67.67 and a 52 week high of $105.12. The firm has a market capitalization of $8.09 billion, a price-to-earnings ratio of 33.02, a PEG ratio of 2.37 and a beta of 1.32. The company has a fifty day moving average of $91.72 and a two-hundred day moving average of $80.71.

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

Wyndham Hotels & Resorts Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Shareholders of record on Friday, December 13th will be paid a $0.38 dividend. The ex-dividend date is Friday, December 13th. This represents a $1.52 annualized dividend and a yield of 1.46%. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is 48.25%.

Insiders Place Their Bets

In other news, insider Scott R. Strickland sold 2,850 shares of the firm’s stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $88.14, for a total value of $251,199.00. Following the completion of the transaction, the insider now directly owns 26,062 shares in the company, valued at $2,297,104.68. This trade represents a 9.86 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Stephen P. Holmes sold 80,000 shares of the firm’s stock in a transaction on Friday, October 25th. The stock was sold at an average price of $91.01, for a total transaction of $7,280,800.00. Following the transaction, the director now directly owns 366,371 shares of the company’s stock, valued at approximately $33,343,424.71. This trade represents a 17.92 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 97,850 shares of company stock valued at $8,881,849. 2.79% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Wyndham Hotels & Resorts

Hedge funds have recently bought and sold shares of the business. Thrivent Financial for Lutherans raised its position in shares of Wyndham Hotels & Resorts by 40.8% in the third quarter. Thrivent Financial for Lutherans now owns 1,747,295 shares of the company’s stock valued at $136,533,000 after buying an additional 506,593 shares during the last quarter. Natixis Advisors LLC grew its position in shares of Wyndham Hotels & Resorts by 37.7% in the third quarter. Natixis Advisors LLC now owns 34,537 shares of the company’s stock valued at $2,699,000 after purchasing an additional 9,463 shares in the last quarter. Impax Asset Management Group plc increased its holdings in shares of Wyndham Hotels & Resorts by 35.0% in the third quarter. Impax Asset Management Group plc now owns 135,000 shares of the company’s stock valued at $10,549,000 after purchasing an additional 35,000 shares during the last quarter. The Manufacturers Life Insurance Company lifted its position in Wyndham Hotels & Resorts by 15.0% during the third quarter. The Manufacturers Life Insurance Company now owns 64,329 shares of the company’s stock worth $5,027,000 after buying an additional 8,389 shares in the last quarter. Finally, Kiltearn Partners LLP boosted its stake in Wyndham Hotels & Resorts by 32.9% during the third quarter. Kiltearn Partners LLP now owns 62,400 shares of the company’s stock worth $4,876,000 after buying an additional 15,458 shares during the last quarter. 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.