Wyndham Hotels & Resorts (NYSE:WH) Price Target Raised to $107.00 at Stifel Nicolaus

Wyndham Hotels & Resorts (NYSE:WH) had its price objective raised by equities research analysts at Stifel Nicolaus from $92.00 to $107.00 in a report issued on Tuesday,Benzinga reports. The firm presently has a “buy” rating on the stock. Stifel Nicolaus’ target price would indicate a potential upside of 9.53% from the company’s current price.

Several other equities analysts also recently commented on the stock. Oppenheimer upped their price target on shares of Wyndham Hotels & Resorts from $90.00 to $115.00 and gave the company an “outperform” rating in a report on Tuesday, November 12th. Barclays increased their target price on Wyndham Hotels & Resorts from $90.00 to $100.00 and gave the stock an “overweight” rating in a research note on Friday, October 25th. The Goldman Sachs Group began coverage on Wyndham Hotels & Resorts in a research report on Wednesday, September 18th. They set a “buy” rating and a $96.00 target price for the company. 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. Finally, Robert W. Baird lifted their price objective 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. Two research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $100.00.

Wyndham Hotels & Resorts Trading Up 1.0 %

Shares of WH stock opened at $97.69 on Tuesday. The company has a market cap of $7.60 billion, a PE ratio of 31.01, a price-to-earnings-growth ratio of 2.45 and a beta of 1.31. Wyndham Hotels & Resorts has a 1 year low of $67.67 and a 1 year high of $98.73. The stock’s 50 day simple moving average is $86.25 and its two-hundred day simple moving average is $78.16. The company has a debt-to-equity ratio of 4.19, a current ratio of 0.97 and a quick ratio of 0.97.

Wyndham Hotels & Resorts (NYSE:WH) last issued its quarterly earnings results on Wednesday, October 23rd. The company reported $1.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.38 by $0.01. The company had revenue of $396.00 million during the quarter, compared to the consensus estimate of $408.32 million. Wyndham Hotels & Resorts had a return on equity of 51.79% and a net margin of 18.29%. Wyndham Hotels & Resorts’s revenue was down 1.5% on a year-over-year basis. During the same period last year, the company earned $1.31 earnings per share. Research analysts predict that Wyndham Hotels & Resorts will post 4.3 earnings per share for the current year.

Insider Activity

In other Wyndham Hotels & Resorts news, Director Stephen P. Holmes sold 80,000 shares of the 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 completion of the sale, the director now directly owns 366,371 shares in the company, valued at approximately $33,343,424.71. This trade represents a 17.92 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Monica Melancon sold 5,040 shares of the firm’s stock in a transaction on Friday, September 6th. The stock was sold at an average price of $77.66, for a total transaction of $391,406.40. Following the completion of the transaction, the insider now directly owns 10,606 shares of the company’s stock, valued at approximately $823,661.96. This represents a 32.21 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 102,890 shares of company stock worth $9,273,255. Corporate insiders own 2.79% of the company’s stock.

Institutional Investors Weigh In On Wyndham Hotels & Resorts

Several hedge funds have recently added to or reduced their stakes in WH. Sanctuary Advisors LLC lifted its stake in Wyndham Hotels & Resorts by 17.8% in the 3rd quarter. Sanctuary Advisors LLC now owns 3,414 shares of the company’s stock valued at $267,000 after buying an additional 516 shares in the last quarter. Virtu Financial LLC acquired a new stake in Wyndham Hotels & Resorts during the third quarter worth about $214,000. M&T Bank Corp raised its position in shares of Wyndham Hotels & Resorts by 4.2% during 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. Nomura Asset Management Co. Ltd. lifted its stake in shares of Wyndham Hotels & Resorts by 86.4% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 410 shares of the company’s stock valued at $32,000 after purchasing an additional 190 shares during the last quarter. Finally, MML Investors Services LLC lifted its position in Wyndham Hotels & Resorts by 3.4% in the third quarter. MML Investors Services LLC now owns 27,384 shares of the company’s stock valued at $2,140,000 after buying an additional 902 shares during the last quarter. 93.46% of the stock is owned by hedge funds and other institutional investors.

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.