Wyndham Hotels & Resorts, Inc. (NYSE:WH) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) have earned an average recommendation of “Moderate Buy” from the ten ratings firms that are presently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $108.10.

WH has been the topic of several research reports. 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 research report on Friday, October 25th. Jefferies Financial Group upped 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 report on Thursday, January 2nd. The Goldman Sachs Group raised their price target on shares of Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the company a “buy” rating in a report on Tuesday, December 10th. Stifel Nicolaus upped their price objective on Wyndham Hotels & Resorts from $92.00 to $107.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. Finally, JPMorgan Chase & Co. increased their price objective on Wyndham Hotels & Resorts from $99.00 to $113.00 and gave the company an “overweight” rating in a research report on Friday, December 13th.

Wyndham Hotels & Resorts Stock Performance

NYSE WH opened at $103.32 on Tuesday. Wyndham Hotels & Resorts has a 1-year low of $67.67 and a 1-year high of $105.16. The company has a 50 day moving average of $100.05 and a 200-day moving average of $86.44. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 4.19. The firm has a market cap of $8.04 billion, a price-to-earnings ratio of 32.80, a PEG ratio of 2.11 and a beta of 1.30.

Wyndham Hotels & Resorts (NYSE:WH) last released its quarterly earnings results on Wednesday, October 23rd. The company reported $1.39 earnings per share for the quarter, beating analysts’ consensus estimates of $1.38 by $0.01. The firm had revenue of $396.00 million during the quarter, compared to analysts’ expectations of $408.32 million. Wyndham Hotels & Resorts had a return on equity of 51.79% and a net margin of 18.29%. The business’s revenue was down 1.5% on a year-over-year basis. During the same period last year, the firm posted $1.31 EPS. On average, equities analysts forecast that Wyndham Hotels & Resorts will post 4.29 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 27th. Shareholders of record on Friday, December 13th were paid a $0.38 dividend. This represents a $1.52 annualized dividend and a yield of 1.47%. The ex-dividend date of this dividend was Friday, December 13th. Wyndham Hotels & Resorts’s payout ratio is 48.25%.

Insider Transactions at Wyndham Hotels & Resorts

In other news, CFO Michele Allen sold 15,000 shares of the firm’s stock in a transaction dated 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 sale, the chief financial officer now owns 10,056 shares of the company’s stock, valued at $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 is available through this hyperlink. Also, Director Stephen P. Holmes sold 80,000 shares of Wyndham Hotels & Resorts 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 in the company, valued at $33,343,424.71. This trade represents a 17.92 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 97,850 shares of company stock worth $8,881,849. 2.79% of the stock is currently owned by company insiders.

Institutional Trading of Wyndham Hotels & Resorts

Hedge funds have recently bought and sold shares of the stock. M&T Bank Corp raised its stake in shares of Wyndham Hotels & Resorts by 4.2% in the 3rd quarter. M&T Bank Corp now owns 3,415 shares of the company’s stock valued at $267,000 after purchasing an additional 138 shares during the period. Crossmark Global Holdings Inc. grew its holdings in shares of Wyndham Hotels & Resorts by 2.7% during the third quarter. Crossmark Global Holdings Inc. now owns 5,674 shares of the company’s stock worth $443,000 after buying an additional 147 shares in the last quarter. UMB Bank n.a. raised its position in Wyndham Hotels & Resorts by 72.7% in the 4th quarter. UMB Bank n.a. now owns 399 shares of the company’s stock valued at $40,000 after buying an additional 168 shares during the last quarter. Equitable Trust Co. lifted its stake in Wyndham Hotels & Resorts by 1.9% in the 3rd quarter. Equitable Trust Co. now owns 9,160 shares of the company’s stock valued at $716,000 after acquiring an additional 174 shares in the last quarter. Finally, State of Alaska Department of Revenue boosted its position in Wyndham Hotels & Resorts by 1.9% during the 3rd quarter. State of Alaska Department of Revenue now owns 9,176 shares of the company’s stock worth $717,000 after acquiring an additional 175 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 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.