Wyndham Hotels & Resorts (NYSE:WH) Upgraded to “Hold” at StockNews.com

StockNews.com upgraded shares of Wyndham Hotels & Resorts (NYSE:WH) from a sell rating to a hold rating in a research note issued to investors on Friday.

Several other equities analysts have also weighed in on the stock. Robert W. Baird lifted their target price on shares of Wyndham Hotels & Resorts from $92.00 to $97.00 and gave the company an “outperform” rating in a report on Friday, October 25th. The Goldman Sachs Group initiated coverage on shares of Wyndham Hotels & Resorts in a report on Wednesday, September 18th. They issued a “buy” rating and a $96.00 price target for the company. Truist Financial boosted 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. Stifel Nicolaus boosted their price target on shares of Wyndham Hotels & Resorts from $91.00 to $92.00 and gave the stock a “buy” rating in a report on Thursday, October 24th. Finally, Barclays boosted their price target on shares of Wyndham Hotels & Resorts from $90.00 to $100.00 and gave the stock an “overweight” rating in a report on Friday, October 25th. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $95.00.

Wyndham Hotels & Resorts Stock Performance

WH stock traded down $0.30 during trading on Friday, reaching $88.02. The company had a trading volume of 600,685 shares, compared to its average volume of 918,889. The firm has a 50-day simple moving average of $80.51 and a 200-day simple moving average of $75.53. The company has a market cap of $6.85 billion, a price-to-earnings ratio of 27.94, a price-to-earnings-growth ratio of 2.20 and a beta of 1.31. The company has a debt-to-equity ratio of 4.19, a quick ratio of 0.97 and a current ratio of 0.97. Wyndham Hotels & Resorts has a twelve month low of $67.67 and a twelve month high of $91.93.

Wyndham Hotels & Resorts (NYSE:WH) last released its 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 company had revenue of $396.00 million during the quarter, compared to analysts’ expectations of $408.32 million. During the same period last year, the business earned $1.31 EPS. Wyndham Hotels & Resorts’s revenue for the quarter was down 1.5% on a year-over-year basis. As a group, sell-side analysts expect that Wyndham Hotels & Resorts will post 4.3 earnings per share for the current year.

Wyndham Hotels & Resorts Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Friday, September 13th were given a dividend of $0.38 per share. The ex-dividend date of this dividend was Friday, September 13th. This represents a $1.52 annualized dividend and a dividend yield of 1.73%. Wyndham Hotels & Resorts’s payout ratio is 48.25%.

Insider Buying and Selling at Wyndham Hotels & Resorts

In other Wyndham Hotels & Resorts news, Director Stephen P. Holmes sold 80,000 shares of the company’s stock in a transaction dated Friday, October 25th. The shares were sold at an average price of $91.01, for a total value of $7,280,800.00. Following the transaction, the director now owns 366,371 shares of the company’s stock, valued at $33,343,424.71. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. In related news, CFO Michele Allen sold 15,000 shares of the business’s 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 completion of the transaction, the chief financial officer now directly owns 10,056 shares of the company’s stock, valued at $904,939.44. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Stephen P. Holmes sold 80,000 shares of the business’s stock in a transaction dated 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 transaction, the director now directly owns 366,371 shares of the company’s stock, valued at approximately $33,343,424.71. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 100,040 shares of company stock valued at $9,022,056 over the last 90 days. 2.79% of the stock is owned by insiders.

Institutional Investors Weigh In On Wyndham Hotels & Resorts

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Vanguard Group Inc. raised its stake in Wyndham Hotels & Resorts by 7.5% in the first quarter. Vanguard Group Inc. now owns 8,311,078 shares of the company’s stock valued at $637,875,000 after buying an additional 581,909 shares in the last quarter. Capital Research Global Investors boosted its holdings in shares of Wyndham Hotels & Resorts by 0.3% in the 1st quarter. Capital Research Global Investors now owns 7,192,076 shares of the company’s stock valued at $551,992,000 after buying an additional 23,549 shares in the last quarter. Boston Partners grew its position in shares of Wyndham Hotels & Resorts by 15.4% in the 1st quarter. Boston Partners now owns 3,227,106 shares of the company’s stock valued at $247,646,000 after buying an additional 430,053 shares during the last quarter. Burgundy Asset Management Ltd. raised its stake in Wyndham Hotels & Resorts by 70.9% during the 2nd quarter. Burgundy Asset Management Ltd. now owns 2,210,658 shares of the company’s stock worth $163,589,000 after acquiring an additional 916,742 shares in the last quarter. Finally, Thrivent Financial for Lutherans lifted its position in Wyndham Hotels & Resorts by 377.5% in the second quarter. Thrivent Financial for Lutherans now owns 1,240,702 shares of the company’s stock valued at $91,812,000 after acquiring an additional 980,848 shares during the last quarter. 93.46% of the stock is currently owned by institutional investors and hedge funds.

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.