Wyndham Hotels & Resorts, Inc. (NYSE:WH) Given Consensus Recommendation of “Moderate Buy” by Analysts

Wyndham Hotels & Resorts, Inc. (NYSE:WH) has earned a consensus rating of “Moderate Buy” from the eleven ratings firms that are presently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a hold recommendation and ten have given a buy recommendation to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $116.45.

A number of research firms have recently commented on WH. Barclays raised their target price on Wyndham Hotels & Resorts from $116.00 to $121.00 and gave the company an “overweight” rating in a research note on Friday, February 14th. Susquehanna raised their target price on Wyndham Hotels & Resorts from $80.00 to $110.00 and gave the company a “neutral” rating in a research note on Tuesday, February 25th. Jefferies Financial Group raised their price objective on Wyndham Hotels & Resorts from $107.00 to $120.00 and gave the company a “buy” rating in a research report on Thursday, January 2nd. Wells Fargo & Company raised their price objective on Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the company an “overweight” rating in a research report on Friday, February 14th. Finally, Oppenheimer raised their price objective on Wyndham Hotels & Resorts from $90.00 to $115.00 and gave the company an “outperform” rating in a research report on Tuesday, November 12th.

Wyndham Hotels & Resorts Trading Down 2.4 %

NYSE WH opened at $91.31 on Wednesday. Wyndham Hotels & Resorts has a fifty-two week low of $67.67 and a fifty-two week high of $113.07. The company has a debt-to-equity ratio of 3.72, a quick ratio of 1.00 and a current ratio of 1.00. The stock has a 50 day simple moving average of $104.48 and a two-hundred day simple moving average of $94.36. The stock has a market cap of $7.10 billion, a P/E ratio of 25.15, a price-to-earnings-growth ratio of 1.87 and a beta of 1.28.

Wyndham Hotels & Resorts (NYSE:WH) last released its quarterly earnings data on Wednesday, February 12th. The company reported $1.04 earnings per share for the quarter, topping the consensus estimate of $1.00 by $0.04. Wyndham Hotels & Resorts had a return on equity of 54.86% and a net margin of 20.51%. On average, analysts forecast that Wyndham Hotels & Resorts will post 4.79 earnings per share for the current year.

Wyndham Hotels & Resorts Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 17th will be paid a $0.41 dividend. This is an increase from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.38. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.80%. The ex-dividend date is Monday, March 17th. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is 45.18%.

Hedge Funds Weigh In On Wyndham Hotels & Resorts

A number of institutional investors and hedge funds have recently modified their holdings of WH. Assetmark Inc. purchased a new position in shares of Wyndham Hotels & Resorts in the 3rd quarter worth $30,000. Legacy Capital Wealth Partners LLC purchased a new position in Wyndham Hotels & Resorts during the third quarter valued at $231,000. Crossmark Global Holdings Inc. lifted its position in Wyndham Hotels & Resorts by 2.7% during the third quarter. Crossmark Global Holdings Inc. now owns 5,674 shares of the company’s stock valued at $443,000 after purchasing an additional 147 shares in the last quarter. MQS Management LLC purchased a new position in Wyndham Hotels & Resorts during the third quarter valued at $306,000. Finally, Impax Asset Management Group plc lifted its position in Wyndham Hotels & Resorts by 35.0% during the third quarter. Impax Asset Management Group plc now owns 135,000 shares of the company’s stock valued at $10,549,000 after purchasing an additional 35,000 shares in the last quarter. 93.46% of the stock is currently owned by hedge funds and other institutional investors.

About Wyndham Hotels & Resorts

Wyndham Hotels & Resorts, Inc engages in the franchise and operation of hotels under the Wyndham brand. It operates through the Hotel Franchising and Hotel Management segments. The Hotel Franchising segment focuses on licensing the company’s lodging brands and providing related services to third-party hotel owners and others.