Jefferies Financial Group Issues Positive Forecast for Wyndham Hotels & Resorts (NYSE:WH) Stock Price

Wyndham Hotels & Resorts (NYSE:WH) had its target price lifted by Jefferies Financial Group from $107.00 to $120.00 in a report released on Thursday morning,Benzinga reports. Jefferies Financial Group currently has a buy rating on the stock.

A number of other analysts have also recently issued reports on WH. Barclays lifted their price objective on Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the company an “overweight” rating in a research report on Friday, December 13th. JPMorgan Chase & Co. lifted their price target on Wyndham Hotels & Resorts from $99.00 to $113.00 and gave the company an “overweight” rating in a report on Friday, December 13th. Truist Financial increased their price objective on Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the stock a “buy” rating in a report on Friday, October 25th. Stifel Nicolaus raised their price objective on shares of Wyndham Hotels & Resorts from $92.00 to $107.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. Finally, Oppenheimer boosted their target price on shares of Wyndham Hotels & Resorts from $90.00 to $115.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 12th. Three analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $107.00.

Wyndham Hotels & Resorts Price Performance

Shares of WH opened at $100.89 on Thursday. The company has a debt-to-equity ratio of 4.19, a current ratio of 0.97 and a quick ratio of 0.97. The company has a market capitalization of $7.85 billion, a price-to-earnings ratio of 32.03, a P/E/G ratio of 2.42 and a beta of 1.32. The business’s 50-day moving average is $97.90 and its 200-day moving average is $84.20. Wyndham Hotels & Resorts has a fifty-two week low of $67.67 and a fifty-two week high of $105.16.

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

Wyndham Hotels & Resorts Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 27th. Investors of record on Friday, December 13th were issued a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a dividend yield of 1.51%. The ex-dividend date of this dividend was Friday, December 13th. Wyndham Hotels & Resorts’s dividend payout ratio is currently 48.25%.

Insider Activity at Wyndham Hotels & Resorts

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

Institutional Trading of Wyndham Hotels & Resorts

A number of hedge funds have recently bought and sold shares of the stock. Everence Capital Management Inc. bought a new stake in shares of Wyndham Hotels & Resorts in the 4th quarter worth approximately $229,000. GAMMA Investing LLC raised its stake in shares of Wyndham Hotels & Resorts by 59.0% in the fourth quarter. GAMMA Investing LLC now owns 1,134 shares of the company’s stock valued at $114,000 after purchasing an additional 421 shares in the last quarter. Sanctuary Advisors LLC lifted its position in Wyndham Hotels & Resorts by 17.8% in the third quarter. Sanctuary Advisors LLC now owns 3,414 shares of the company’s stock worth $267,000 after purchasing an additional 516 shares during the period. Virtu Financial LLC acquired a new stake in Wyndham Hotels & Resorts during the third quarter worth $214,000. Finally, M&T Bank Corp increased its holdings in Wyndham Hotels & Resorts by 4.2% in the 3rd quarter. M&T Bank Corp now owns 3,415 shares of the company’s stock valued at $267,000 after buying an additional 138 shares during the period. 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.