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

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

A number of other brokerages have also recently weighed in on WH. Barclays lifted 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. Robert W. Baird lifted their price objective on shares of Wyndham Hotels & Resorts from $86.00 to $88.00 and gave the company an outperform rating in a research note on Friday, April 26th. One analyst has rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of Moderate Buy and an average price target of $88.17.

Wyndham Hotels & Resorts Stock Performance

Wyndham Hotels & Resorts stock opened at $69.31 on Tuesday. The company has a market cap of $5.58 billion, a PE ratio of 24.58, a P/E/G ratio of 2.47 and a beta of 1.33. The company has a fifty day moving average price of $73.27 and a two-hundred day moving average price of $76.72. The company has a debt-to-equity ratio of 3.27, a current ratio of 0.70 and a quick ratio of 0.70. Wyndham Hotels & Resorts has a 12 month low of $65.54 and a 12 month high of $81.73.

Wyndham Hotels & Resorts (NYSE:WH) last announced its quarterly earnings results on Wednesday, April 24th. The company reported $0.78 earnings per share (EPS) for the quarter, beating the consensus estimate 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 company had revenue of $305.00 million during the quarter, compared to the consensus estimate of $308.24 million. During the same quarter in the previous year, the company posted $0.86 earnings per share. The company’s revenue for the quarter was down 2.6% compared to the same quarter last year. Research analysts expect that Wyndham Hotels & Resorts will post 4.25 earnings per share for the current 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 paid a dividend of $0.38 per share. The ex-dividend date is Friday, June 14th. This represents a $1.52 annualized dividend and a yield of 2.19%. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is presently 53.90%.

Insider Buying and Selling at Wyndham Hotels & Resorts

In related news, CAO Nicola Rossi sold 3,200 shares of the business’s stock in a transaction that occurred on Tuesday, March 12th. The stock was 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 of the company’s stock, valued at approximately $900,916. The sale was disclosed in a document filed with the SEC, which is available at this link. In related news, CAO Nicola Rossi sold 3,200 shares of the business’s stock in a transaction that occurred on Tuesday, March 12th. The stock was 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 of the company’s stock, valued at approximately $900,916. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Geoffrey A. Ballotti sold 196,279 shares of the company’s stock in a transaction that occurred on Wednesday, May 1st. The stock was sold at an average price of $73.36, for a total value of $14,399,027.44. Following the sale, the chief executive officer now directly owns 377,712 shares of the company’s stock, valued at approximately $27,708,952.32. The disclosure for this sale can be found here. Company insiders own 2.79% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Fifth Third Bancorp raised its stake in shares of Wyndham Hotels & Resorts by 7.1% in the third quarter. Fifth Third Bancorp now owns 2,598 shares of the company’s stock valued at $181,000 after purchasing an additional 173 shares in the last quarter. NBC Securities Inc. acquired a new position in shares of Wyndham Hotels & Resorts in the third quarter valued at $237,000. Victory Capital Management Inc. raised its stake in shares of Wyndham Hotels & Resorts by 7.9% in the third quarter. Victory Capital Management Inc. now owns 15,472 shares of the company’s stock valued at $1,076,000 after purchasing an additional 1,134 shares in the last quarter. Illinois Municipal Retirement Fund acquired a new position in shares of Wyndham Hotels & Resorts in the third quarter valued at $646,000. Finally, Arizona State Retirement System raised its stake in shares of Wyndham Hotels & Resorts by 1.0% in the third quarter. Arizona State Retirement System now owns 24,448 shares of the company’s stock valued at $1,700,000 after purchasing an additional 233 shares in 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 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.