Wyndham Hotels & Resorts (NYSE:WH) Research Coverage Started at StockNews.com

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

WH has been the topic of several other research reports. Robert W. Baird increased their price target on Wyndham Hotels & Resorts from $86.00 to $88.00 and gave the company an outperform rating in a report on Friday. Barclays raised their target price on shares of Wyndham Hotels & Resorts from $87.00 to $88.00 and gave the stock an overweight rating in a report on Friday. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of Moderate Buy and an average target price of $88.17.

Wyndham Hotels & Resorts Stock Up 0.7 %

WH opened at $74.29 on Friday. The company has a market capitalization of $5.99 billion, a PE ratio of 26.34, a price-to-earnings-growth ratio of 3.05 and a beta of 1.35. The firm has a 50-day simple moving average of $75.41 and a two-hundred day simple moving average of $76.81. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 3.27. Wyndham Hotels & Resorts has a 52 week low of $63.69 and a 52 week high of $81.73.

Wyndham Hotels & Resorts (NYSE:WH) last released its quarterly earnings data on Wednesday, April 24th. The company reported $0.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.75 by $0.03. Wyndham Hotels & Resorts had a return on equity of 41.83% and a net margin of 17.19%. The business had revenue of $305.00 million for the quarter, compared to the consensus estimate of $308.24 million. During the same quarter in the previous year, the company posted $0.86 EPS. The company’s revenue was down 2.6% compared to the same quarter last year. Analysts forecast that Wyndham Hotels & Resorts will post 4.23 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 15th were paid a $0.38 dividend. This is an increase from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.35. The ex-dividend date was Thursday, March 14th. This represents a $1.52 dividend on an annualized basis and a yield of 2.05%. Wyndham Hotels & Resorts’s payout ratio is 53.90%.

Insider Activity

In other Wyndham Hotels & Resorts news, CAO Nicola Rossi sold 3,200 shares of Wyndham Hotels & Resorts stock in a transaction dated Tuesday, March 12th. The stock was sold at an average price of $79.00, for a total value of $252,800.00. Following the transaction, the chief accounting officer now owns 11,404 shares in the company, valued at $900,916. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 2.79% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Principal Financial Group Inc. boosted its stake in Wyndham Hotels & Resorts by 2.5% in the 1st quarter. Principal Financial Group Inc. now owns 312,329 shares of the company’s stock worth $23,971,000 after purchasing an additional 7,479 shares in the last quarter. Equitable Trust Co. raised its holdings in shares of Wyndham Hotels & Resorts by 16.9% in the first quarter. Equitable Trust Co. now owns 8,986 shares of the company’s stock worth $690,000 after buying an additional 1,300 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of Wyndham Hotels & Resorts by 80.1% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 32,498 shares of the company’s stock worth $2,494,000 after buying an additional 14,457 shares during the period. Louisiana State Employees Retirement System grew its holdings in shares of Wyndham Hotels & Resorts by 2.6% during the first quarter. Louisiana State Employees Retirement System now owns 23,900 shares of the company’s stock valued at $1,834,000 after buying an additional 600 shares during the last quarter. Finally, PFG Investments LLC acquired a new position in shares of Wyndham Hotels & Resorts in the 1st quarter valued at $270,000. 93.46% of the stock is owned by institutional investors and hedge funds.

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.