Wyndham Hotels & Resorts, Inc. (NYSE:WH) Receives Average Recommendation of “Moderate Buy” from Brokerages

Wyndham Hotels & Resorts, Inc. (NYSE:WH) has earned an average recommendation of “Moderate Buy” from the seven analysts that are covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $89.43.

A number of equities analysts recently issued reports on the stock. Barclays increased their price target on shares of Wyndham Hotels & Resorts from $88.00 to $90.00 and gave the stock an “overweight” rating in a research note on Friday, July 26th. Robert W. Baird increased 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 research note on Saturday, June 22nd. They issued a “hold” rating for the company. Stifel Nicolaus decreased their price target on shares of Wyndham Hotels & Resorts from $91.50 to $89.00 and set a “buy” rating for the company in a research note on Thursday, July 25th. Finally, Susquehanna began coverage on shares of Wyndham Hotels & Resorts in a research note on Friday, June 21st. They set a “neutral” rating and a $80.00 target price for the company.

Wyndham Hotels & Resorts Stock Performance

Wyndham Hotels & Resorts stock opened at $75.20 on Tuesday. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 3.83. The firm has a 50-day moving average of $72.94 and a 200-day moving average of $74.67. The firm has a market cap of $6.06 billion, a P/E ratio of 26.67, a P/E/G ratio of 2.59 and a beta of 1.34. Wyndham Hotels & Resorts has a 1-year low of $65.63 and a 1-year high of $81.73.

Wyndham Hotels & Resorts (NYSE:WH) last posted its earnings results on Wednesday, July 24th. The company reported $1.13 earnings per share for the quarter, topping analysts’ consensus estimates of $1.03 by $0.10. Wyndham Hotels & Resorts had a net margin of 18.28% and a return on equity of 47.05%. The company had revenue of $367.00 million during the quarter, compared to analyst estimates of $370.58 million. During the same period in the prior year, the business posted $0.93 earnings per share. Wyndham Hotels & Resorts’s revenue for the quarter was up 1.4% on a year-over-year basis. Sell-side analysts expect that Wyndham Hotels & Resorts will post 4.27 EPS for the current year.

Wyndham Hotels & Resorts Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Friday, June 14th were issued a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a dividend yield of 2.02%. The ex-dividend date of this dividend was Friday, June 14th. Wyndham Hotels & Resorts’s payout ratio is 53.90%.

Insider Activity

In other news, insider Scott R. Strickland sold 4,040 shares of the stock in a transaction that occurred on Friday, May 24th. The shares were sold at an average price of $69.46, for a total transaction of $280,618.40. Following the sale, the insider now owns 28,722 shares in the company, valued at $1,995,030.12. The transaction was disclosed in a filing with the SEC, which is available at this link. In related news, CAO Nicola Rossi sold 7,297 shares of the firm’s stock in a transaction that occurred on Friday, July 26th. The shares were sold at an average price of $76.70, for a total value of $559,679.90. Following the sale, the chief accounting officer now owns 4,107 shares in the company, valued at $315,006.90. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Scott R. Strickland sold 4,040 shares of the firm’s stock in a transaction that occurred on Friday, May 24th. The stock was sold at an average price of $69.46, for a total transaction of $280,618.40. Following the completion of the sale, the insider now owns 28,722 shares in the company, valued at approximately $1,995,030.12. The disclosure for this sale can be found here. Insiders have sold a total of 18,254 shares of company stock worth $1,314,144 over the last 90 days. 2.79% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Wyndham Hotels & Resorts

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Allworth Financial LP boosted its stake in shares of 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. GAMMA Investing LLC boosted its stake in shares of Wyndham Hotels & Resorts by 80.9% during the 2nd quarter. GAMMA Investing LLC now owns 463 shares of the company’s stock worth $34,000 after acquiring an additional 207 shares during the last quarter. Blue Trust Inc. boosted its stake in shares of Wyndham Hotels & Resorts by 1,245.1% during the 2nd quarter. Blue Trust Inc. now owns 686 shares of the company’s stock worth $53,000 after acquiring an additional 635 shares during the last quarter. TFO Wealth Partners LLC boosted its stake in shares of 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 acquiring an additional 822 shares during the last quarter. Finally, Family Firm Inc. purchased a new position in shares of Wyndham Hotels & Resorts during the 2nd quarter worth $67,000. Hedge funds and other institutional investors own 93.46% of the company’s stock.

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.