Wyndham Hotels & Resorts, Inc. (NYSE:WH) Receives $105.56 Average PT from Analysts

Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) have been assigned an average rating of “Moderate Buy” from the ten research firms that are covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 12-month target price among brokers that have covered the stock in the last year is $107.00.

A number of equities analysts recently commented on WH shares. JPMorgan Chase & Co. raised their target price on Wyndham Hotels & Resorts from $99.00 to $113.00 and gave the stock an “overweight” rating in a report on Friday, December 13th. Stifel Nicolaus raised their price objective on Wyndham Hotels & Resorts from $92.00 to $107.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. Wells Fargo & Company initiated coverage on Wyndham Hotels & Resorts in a research note on Thursday, December 5th. They set an “equal weight” rating and a $103.00 price objective for the company. Jefferies Financial Group raised their target price on shares of Wyndham Hotels & Resorts from $107.00 to $120.00 and gave the stock a “buy” rating in a research note on Thursday. Finally, StockNews.com upgraded shares of Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a research report on Friday, November 1st.

Insiders Place Their Bets

In related news, CFO Michele Allen sold 15,000 shares of the firm’s stock in a transaction on Friday, October 25th. The shares were sold at an average price of $89.99, for a total value of $1,349,850.00. Following the completion of the transaction, the chief financial officer now directly owns 10,056 shares of the company’s stock, valued at approximately $904,939.44. This trade represents a 59.87 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Scott R. Strickland sold 2,850 shares of the company’s stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $88.14, for a total transaction of $251,199.00. Following the sale, the insider now directly owns 26,062 shares in the company, valued at approximately $2,297,104.68. The trade was a 9.86 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 97,850 shares of company stock worth $8,881,849 in the last 90 days. 2.79% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in WH. Burgundy Asset Management Ltd. boosted its stake in Wyndham Hotels & Resorts by 70.9% during the second quarter. Burgundy Asset Management Ltd. now owns 2,210,658 shares of the company’s stock worth $163,589,000 after buying an additional 916,742 shares during the period. Thrivent Financial for Lutherans boosted its stake in shares of Wyndham Hotels & Resorts by 40.8% during the 3rd quarter. Thrivent Financial for Lutherans now owns 1,747,295 shares of the company’s stock worth $136,533,000 after purchasing an additional 506,593 shares during the period. Dimensional Fund Advisors LP grew its holdings in Wyndham Hotels & Resorts by 18.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,237,944 shares of the company’s stock valued at $91,609,000 after purchasing an additional 196,982 shares during the last quarter. Millennium Management LLC raised its position in Wyndham Hotels & Resorts by 12.6% in the 2nd quarter. Millennium Management LLC now owns 1,174,404 shares of the company’s stock worth $86,906,000 after purchasing an additional 131,848 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its stake in Wyndham Hotels & Resorts by 1.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 722,082 shares of the company’s stock worth $56,423,000 after purchasing an additional 7,241 shares during the last quarter. Hedge funds and other institutional investors own 93.46% of the company’s stock.

Wyndham Hotels & Resorts Trading Down 1.0 %

Wyndham Hotels & Resorts stock opened at $99.80 on Friday. Wyndham Hotels & Resorts has a 52-week low of $67.67 and a 52-week high of $105.16. The company has a market cap of $7.76 billion, a P/E ratio of 31.68, a P/E/G ratio of 2.42 and a beta of 1.32. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 4.19. The business has a 50-day simple moving average of $97.70 and a two-hundred day simple moving average of $83.92.

Wyndham Hotels & Resorts (NYSE:WH) last announced its earnings results on Wednesday, October 23rd. The company reported $1.39 earnings per share (EPS) for the quarter, beating the consensus estimate 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 company had revenue of $396.00 million during the quarter, compared to analyst estimates of $408.32 million. During the same period in the previous year, the business posted $1.31 earnings per share. The firm’s quarterly revenue was down 1.5% compared to the same quarter last year. Analysts predict that Wyndham Hotels & Resorts will post 4.29 EPS for the current year.

Wyndham Hotels & Resorts Dividend Announcement

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

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.