Wyndham Hotels & Resorts (NYSE:WH) Reaches New 1-Year High – What’s Next?

Wyndham Hotels & Resorts, Inc. (NYSE:WH)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $105.22 and last traded at $105.04, with a volume of 77143 shares traded. The stock had previously closed at $103.25.

Wall Street Analysts Forecast Growth

WH has been the subject of several recent research reports. Barclays raised 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. Wells Fargo & Company raised shares of Wyndham Hotels & Resorts from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $103.00 to $114.00 in a research report on Friday, January 10th. StockNews.com upgraded shares of Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a report on Friday, November 1st. Stifel Nicolaus lifted their target price on shares of Wyndham Hotels & Resorts from $92.00 to $107.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Finally, JPMorgan Chase & Co. upped their price target on Wyndham Hotels & Resorts from $99.00 to $113.00 and gave the stock an “overweight” rating in a research note on Friday, December 13th. Two analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat, Wyndham Hotels & Resorts presently has an average rating of “Moderate Buy” and a consensus price target of $108.10.

Wyndham Hotels & Resorts Stock Up 2.0 %

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 stock has a market cap of $8.19 billion, a PE ratio of 33.43, a PEG ratio of 2.16 and a beta of 1.30. The company has a 50 day moving average price of $100.05 and a two-hundred day moving average price of $86.44.

Wyndham Hotels & Resorts (NYSE:WH) last posted 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 business had revenue of $396.00 million for the quarter, compared to analysts’ expectations of $408.32 million. During the same quarter in the prior year, the business earned $1.31 EPS. The business’s revenue for the quarter was down 1.5% compared to the same quarter last year. Analysts expect that Wyndham Hotels & Resorts, Inc. 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. Shareholders of record on Friday, December 13th were given a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a yield of 1.44%. The ex-dividend date of this dividend was Friday, December 13th. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is presently 48.25%.

Insider Activity

In other news, insider Scott R. Strickland sold 2,850 shares of the stock in a transaction that occurred on Tuesday, November 5th. The shares were 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 in the company, valued at $2,297,104.68. This represents a 9.86 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Michele Allen sold 15,000 shares of Wyndham Hotels & Resorts stock in a transaction on Friday, October 25th. The stock was sold at an average price of $89.99, for a total transaction of $1,349,850.00. Following the transaction, the chief financial officer now owns 10,056 shares in the company, valued at $904,939.44. This represents a 59.87 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 97,850 shares of company stock valued at $8,881,849 in the last ninety days. 2.79% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Wyndham Hotels & Resorts

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. American Century Companies Inc. increased its stake in shares of Wyndham Hotels & Resorts by 7.0% in the second quarter. American Century Companies Inc. now owns 15,495 shares of the company’s stock worth $1,147,000 after purchasing an additional 1,010 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in Wyndham Hotels & Resorts by 48.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 91,173 shares of the company’s stock worth $6,747,000 after buying an additional 29,611 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in Wyndham Hotels & Resorts by 18.9% during the second quarter. Dimensional Fund Advisors LP now owns 1,237,944 shares of the company’s stock valued at $91,609,000 after acquiring an additional 196,982 shares during the period. Hsbc Holdings PLC purchased a new position in shares of Wyndham Hotels & Resorts in the second quarter valued at about $1,425,000. Finally, Intech Investment Management LLC purchased a new position in shares of Wyndham Hotels & Resorts in the second quarter valued at about $233,000. Institutional investors own 93.46% of the company’s stock.

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.