Wyndham Hotels & Resorts (NYSE:WH) Now Covered by StockNews.com

StockNews.com assumed coverage on shares of Wyndham Hotels & Resorts (NYSE:WHFree Report) in a research report report published on Friday morning. The brokerage issued a hold rating on the stock.

Other research analysts have also issued research reports about the company. Robert W. Baird boosted their price objective on Wyndham Hotels & Resorts from $86.00 to $88.00 and gave the stock an outperform rating in a report on Friday, April 26th. Barclays boosted their target price on Wyndham Hotels & Resorts from $87.00 to $88.00 and gave the stock an overweight rating in a research report on Friday, April 26th. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of Moderate Buy and an average target price of $88.17.

Read Our Latest Research Report on Wyndham Hotels & Resorts

Wyndham Hotels & Resorts Stock Down 0.3 %

WH stock opened at $72.00 on Friday. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 3.27. The firm has a market capitalization of $5.80 billion, a PE ratio of 25.53, a PEG ratio of 2.52 and a beta of 1.33. Wyndham Hotels & Resorts has a twelve month low of $65.54 and a twelve month high of $81.73. The stock has a 50-day simple moving average of $71.57 and a two-hundred day simple moving average of $75.95.

Wyndham Hotels & Resorts (NYSE:WHGet Free Report) last issued its quarterly earnings data on Wednesday, April 24th. The company reported $0.78 EPS for the quarter, topping the consensus estimate 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 company had revenue of $305.00 million during the quarter, compared to analyst estimates of $308.24 million. During the same quarter in the previous year, the firm earned $0.86 earnings per share. Wyndham Hotels & Resorts’s revenue was down 2.6% on a year-over-year basis. On average, equities analysts predict that Wyndham Hotels & Resorts will post 4.25 EPS for the current fiscal year.

Wyndham Hotels & Resorts Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be given a $0.38 dividend. The ex-dividend date is Friday, June 14th. This represents a $1.52 annualized dividend and a yield of 2.11%. Wyndham Hotels & Resorts’s payout ratio is currently 53.90%.

Insider Buying and Selling at Wyndham Hotels & Resorts

In related news, CFO Michele Allen sold 1,264 shares of the company’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 $87,797.44. Following the completion of the transaction, the chief financial officer now owns 24,997 shares in the company, valued at $1,736,291.62. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. In related news, CEO Geoffrey A. Ballotti sold 196,279 shares of the company’s stock in a transaction 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 $27,708,952.32. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CFO Michele Allen sold 1,264 shares of the company’s stock in a transaction on Friday, May 24th. The stock was sold at an average price of $69.46, for a total value of $87,797.44. Following the completion of the sale, the chief financial officer now directly owns 24,997 shares in the company, valued at $1,736,291.62. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 206,933 shares of company stock worth $15,130,227. 2.79% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Wyndham Hotels & Resorts

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Boston Partners grew its stake in Wyndham Hotels & Resorts by 15.4% in the first quarter. Boston Partners now owns 3,227,106 shares of the company’s stock worth $247,646,000 after purchasing an additional 430,053 shares during the period. Tidal Investments LLC purchased a new stake in Wyndham Hotels & Resorts in the first quarter worth $395,000. Ancora Advisors LLC grew its stake in shares of Wyndham Hotels & Resorts by 0.8% in the first quarter. Ancora Advisors LLC now owns 199,521 shares of the company’s stock worth $15,313,000 after acquiring an additional 1,635 shares during the last quarter. Janus Henderson Group PLC grew its stake in shares of Wyndham Hotels & Resorts by 1,186.0% in the first quarter. Janus Henderson Group PLC now owns 509,441 shares of the company’s stock worth $39,092,000 after acquiring an additional 469,827 shares during the last quarter. Finally, Aristides Capital LLC grew its stake in shares of Wyndham Hotels & Resorts by 72.0% in the first quarter. Aristides Capital LLC now owns 7,596 shares of the company’s stock worth $583,000 after acquiring an additional 3,181 shares during the last quarter. 93.46% of the stock is owned by hedge funds and other institutional investors.

About Wyndham Hotels & Resorts

(Get Free Report)

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.

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Analyst Recommendations for Wyndham Hotels & Resorts (NYSE:WH)

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