Wyndham Hotels & Resorts (NYSE:WH) Receives New Coverage from Analysts at StockNews.com

StockNews.com initiated coverage on shares of Wyndham Hotels & Resorts (NYSE:WH) in a research report sent to investors on Saturday. The firm issued a hold rating on the stock.

A number of other brokerages have also recently weighed in on WH. Barclays lifted their price target on shares of Wyndham Hotels & Resorts from $87.00 to $88.00 and gave the company an overweight rating in a research report on Friday. Robert W. Baird lifted their price target on shares of Wyndham Hotels & Resorts from $86.00 to $88.00 and gave the company an outperform rating in a research report on Friday. One analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of Moderate Buy and an average target price of $88.17.

Wyndham Hotels & Resorts Price Performance

Wyndham Hotels & Resorts stock opened at $73.79 on Friday. Wyndham Hotels & Resorts has a 1 year low of $63.69 and a 1 year high of $81.73. The firm has a 50 day moving average price of $75.41 and a 200 day moving average price of $76.71. The company has a market cap of $5.98 billion, a price-to-earnings ratio of 26.17, a PEG ratio of 3.06 and a beta of 1.35. The company has a debt-to-equity ratio of 2.90, a quick ratio of 0.81 and a current ratio of 0.11.

Wyndham Hotels & Resorts (NYSE:WH) last released its earnings results on Wednesday, April 24th. The company reported $0.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.75 by $0.03. Wyndham Hotels & Resorts had a net margin of 17.19% and a return on equity of 41.83%. The firm had revenue of $305.00 million during the quarter, compared to the consensus estimate of $308.24 million. During the same period in the previous year, the firm earned $0.86 earnings per share. Wyndham Hotels & Resorts’s revenue was down 2.6% compared to the same quarter last year. Sell-side analysts predict that Wyndham Hotels & Resorts will post 4.23 earnings per share for the current year.

Wyndham Hotels & Resorts Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Friday, March 15th were given a dividend of $0.38 per share. This is a boost from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.35. This represents a $1.52 dividend on an annualized basis and a dividend yield of 2.06%. The ex-dividend date was Thursday, March 14th. Wyndham Hotels & Resorts’s payout ratio is presently 53.90%.

Insider Buying and Selling

In related news, CAO Nicola Rossi sold 3,200 shares of Wyndham Hotels & Resorts stock in a transaction on Tuesday, March 12th. The shares were sold at an average price of $79.00, for a total value of $252,800.00. Following the completion of the sale, the chief accounting officer now owns 11,404 shares in the company, valued at $900,916. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 2.79% of the company’s stock.

Institutional Trading of Wyndham Hotels & Resorts

Several institutional investors have recently added to or reduced their stakes in WH. WINTON GROUP Ltd grew its position in shares of Wyndham Hotels & Resorts by 2.3% during the third quarter. WINTON GROUP Ltd now owns 6,517 shares of the company’s stock worth $453,000 after acquiring an additional 144 shares during the last quarter. Janney Capital Management LLC grew its position in shares of Wyndham Hotels & Resorts by 3.1% during the fourth quarter. Janney Capital Management LLC now owns 4,887 shares of the company’s stock worth $393,000 after acquiring an additional 145 shares during the last quarter. Tributary Capital Management LLC grew its position in shares of Wyndham Hotels & Resorts by 1.9% during the fourth quarter. Tributary Capital Management LLC now owns 7,700 shares of the company’s stock worth $619,000 after acquiring an additional 146 shares during the last quarter. Patriot Financial Group Insurance Agency LLC grew its position in shares of Wyndham Hotels & Resorts by 4.1% during the third quarter. Patriot Financial Group Insurance Agency LLC now owns 3,739 shares of the company’s stock worth $260,000 after acquiring an additional 147 shares during the last quarter. Finally, Allworth Financial LP grew its position in shares of Wyndham Hotels & Resorts by 62.6% during the fourth 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. Institutional investors own 93.46% of the company’s stock.

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.