Wyndham Hotels & Resorts (NYSE:WH) Coverage Initiated by Analysts at Susquehanna

Susquehanna started coverage on shares of Wyndham Hotels & Resorts (NYSE:WH) in a research report released on Friday, Marketbeat Ratings reports. The brokerage issued a neutral rating and a $80.00 price target on the stock.

WH has been the topic of several other reports. Robert W. Baird lifted their price target on shares of Wyndham Hotels & Resorts from $86.00 to $88.00 and gave the stock an outperform rating in a research note on Friday, April 26th. StockNews.com assumed coverage on shares of Wyndham Hotels & Resorts in a report on Friday, June 14th. They issued a hold rating on the stock. Finally, Barclays raised their price objective on shares of Wyndham Hotels & Resorts from $87.00 to $88.00 and gave the company an overweight rating in a research note on Friday, April 26th. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of Moderate Buy and an average price target of $87.00.

Wyndham Hotels & Resorts Stock Up 0.9 %

Shares of NYSE WH opened at $73.77 on Friday. The company has a 50-day moving average of $71.54 and a 200 day moving average of $75.83. Wyndham Hotels & Resorts has a 12-month low of $65.54 and a 12-month high of $81.73. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 3.27. The stock has a market cap of $5.94 billion, a PE ratio of 26.16, a P/E/G ratio of 2.52 and a beta of 1.33.

Wyndham Hotels & Resorts (NYSE:WH) last posted its quarterly earnings data on Wednesday, April 24th. The company reported $0.78 earnings per share for the quarter, topping analysts’ consensus estimates of $0.75 by $0.03. The firm had revenue of $305.00 million during the quarter, compared to analysts’ expectations of $308.24 million. Wyndham Hotels & Resorts had a net margin of 17.19% and a return on equity of 41.83%. The firm’s quarterly revenue was down 2.6% on a year-over-year basis. During the same quarter last year, the company posted $0.86 EPS. As a group, sell-side analysts predict that Wyndham Hotels & Resorts will post 4.25 EPS for the current fiscal year.

Wyndham Hotels & Resorts Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be issued a dividend of $0.38 per share. The ex-dividend date is Friday, June 14th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 2.06%. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is 53.90%.

Insiders Place Their Bets

In other news, CEO Geoffrey A. Ballotti sold 196,279 shares of the firm’s stock in a transaction dated Wednesday, May 1st. The shares were sold at an average price of $73.36, for a total transaction of $14,399,027.44. Following the completion of the transaction, the chief executive officer now owns 377,712 shares in the company, valued at approximately $27,708,952.32. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other news, CEO Geoffrey A. Ballotti sold 196,279 shares of Wyndham Hotels & Resorts stock in a transaction that occurred on Wednesday, May 1st. The shares were sold at an average price of $73.36, for a total value of $14,399,027.44. Following the transaction, the chief executive officer now owns 377,712 shares of the company’s stock, valued at $27,708,952.32. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Scott R. Strickland sold 4,076 shares of the business’s stock in a transaction on Thursday, May 30th. The stock was sold at an average price of $67.81, for a total transaction of $276,393.56. Following the transaction, the insider now directly owns 28,912 shares in the company, valued at approximately $1,960,522.72. The disclosure for this sale can be found here. Over the last three months, insiders have sold 206,933 shares of company stock valued at $15,130,227. Company insiders own 2.79% of the company’s stock.

Institutional Trading of Wyndham Hotels & Resorts

Institutional investors and hedge funds have recently modified their holdings of the stock. Allworth Financial LP boosted its position in Wyndham Hotels & Resorts by 62.6% during the 4th quarter. Allworth Financial LP now owns 395 shares of the company’s stock worth $32,000 after acquiring an additional 152 shares during the last quarter. Chilton Capital Management LLC acquired a new stake in Wyndham Hotels & Resorts during the 4th quarter valued at $47,000. Covestor Ltd lifted its holdings in Wyndham Hotels & Resorts by 68.3% during the 3rd quarter. Covestor Ltd now owns 813 shares of the company’s stock valued at $57,000 after purchasing an additional 330 shares during the last quarter. TFO Wealth Partners LLC increased its position in Wyndham Hotels & Resorts by 41,100.0% during the 4th quarter. TFO Wealth Partners LLC now owns 824 shares of the company’s stock worth $66,000 after buying an additional 822 shares during the period. Finally, Concord Wealth Partners increased its position in Wyndham Hotels & Resorts by 70.8% during the 1st quarter. Concord Wealth Partners now owns 1,023 shares of the company’s stock worth $79,000 after buying an additional 424 shares during the period. 93.46% of the stock is owned by institutional investors.

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.