Wyndham Hotels & Resorts (NYSE:WH) Now Covered by Susquehanna

Susquehanna started coverage on shares of Wyndham Hotels & Resorts (NYSE:WH) in a research report issued on Friday, Briefing.com reports. The firm set a “neutral” rating and a $80.00 price target on the stock. Susquehanna’s price objective would suggest a potential upside of 9.47% from the company’s current price.

Several other equities analysts also recently commented on WH. StockNews.com began coverage on Wyndham Hotels & Resorts in a research report on Friday, June 14th. They issued a “hold” rating on the stock. Robert W. Baird upped 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 note on Friday, April 26th. Finally, Barclays lifted their price objective on shares of Wyndham Hotels & Resorts from $87.00 to $88.00 and gave the stock an “overweight” rating in a research note on Friday, April 26th. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $87.00.

Wyndham Hotels & Resorts Stock Performance

Shares of NYSE WH opened at $73.08 on Friday. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 3.27. The company has a market capitalization of $5.89 billion, a P/E ratio of 25.91, a P/E/G ratio of 2.52 and a beta of 1.33. Wyndham Hotels & Resorts has a 12 month low of $65.54 and a 12 month high of $81.73. The stock has a 50 day moving average of $71.51 and a 200-day moving average of $75.86.

Wyndham Hotels & Resorts (NYSE:WH) last released its quarterly earnings data on Wednesday, April 24th. The company reported $0.78 EPS for the quarter, topping analysts’ consensus estimates of $0.75 by $0.03. The firm had revenue of $305.00 million during the quarter, compared to analysts’ expectations of $308.24 million. Wyndham Hotels & Resorts had a net margin of 17.19% and a return on equity of 41.83%. The company’s revenue for the quarter was down 2.6% compared to the same quarter last year. During the same period in the previous year, the business posted $0.86 earnings per share. As a group, equities research analysts predict that Wyndham Hotels & Resorts will post 4.25 EPS for the current year.

Insider Buying and Selling at Wyndham Hotels & Resorts

In related news, CEO Geoffrey A. Ballotti sold 196,279 shares of the stock in a transaction that occurred on Wednesday, May 1st. The shares were sold at an average price of $73.36, for a total transaction of $14,399,027.44. Following the sale, the chief executive officer now owns 377,712 shares in the company, valued at approximately $27,708,952.32. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, insider Scott R. Strickland sold 4,076 shares of the company’s stock in a transaction that occurred on Thursday, May 30th. The shares were sold at an average price of $67.81, for a total transaction of $276,393.56. Following the completion of the transaction, the insider now directly owns 28,912 shares in the company, valued at approximately $1,960,522.72. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Geoffrey A. Ballotti sold 196,279 shares of the stock in a transaction that occurred on Wednesday, May 1st. The shares were sold at an average price of $73.36, for a total transaction of $14,399,027.44. Following the completion of the transaction, 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. Insiders have sold a total of 206,933 shares of company stock valued at $15,130,227 in the last ninety days. 2.79% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Wellington Management Group LLP boosted its holdings in shares of Wyndham Hotels & Resorts by 150.2% during the 3rd quarter. Wellington Management Group LLP now owns 5,001,611 shares of the company’s stock valued at $347,812,000 after acquiring an additional 3,002,259 shares in the last quarter. Norges Bank acquired a new stake in shares of Wyndham Hotels & Resorts during the fourth quarter valued at about $71,677,000. Balyasny Asset Management L.P. grew its holdings in shares of Wyndham Hotels & Resorts by 219.0% during the fourth quarter. Balyasny Asset Management L.P. now owns 1,079,336 shares of the company’s stock worth $86,789,000 after purchasing an additional 740,992 shares during the last quarter. Vanguard Group Inc. increased its stake in shares of Wyndham Hotels & Resorts by 7.5% in the first quarter. Vanguard Group Inc. now owns 8,311,078 shares of the company’s stock valued at $637,875,000 after buying an additional 581,909 shares during the period. Finally, Invesco Ltd. increased its stake in shares of Wyndham Hotels & Resorts by 55.2% in the third quarter. Invesco Ltd. now owns 1,337,980 shares of the company’s stock valued at $93,043,000 after buying an additional 475,682 shares during the period. 93.46% of the stock is currently 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.