Wyndham Hotels & Resorts, Inc. (NYSE:WH) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) have been given a consensus rating of “Moderate Buy” by the seven ratings firms that are presently covering the company, MarketBeat reports. One analyst has rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1 year price target among brokerages that have covered the stock in the last year is $89.43.

A number of equities analysts have weighed in on the company. Barclays upped their price target on Wyndham Hotels & Resorts from $88.00 to $90.00 and gave the stock an “overweight” rating in a research report on Friday, July 26th. Susquehanna assumed coverage on shares of Wyndham Hotels & Resorts in a research report on Friday, June 21st. They issued a “neutral” rating and a $80.00 target price for the company. Truist Financial cut their price target on shares of Wyndham Hotels & Resorts from $105.00 to $104.00 and set a “buy” rating on the stock in a research report on Friday, July 26th. Stifel Nicolaus decreased their price objective on Wyndham Hotels & Resorts from $91.50 to $89.00 and set a “buy” rating for the company in a report on Thursday, July 25th. Finally, StockNews.com downgraded Wyndham Hotels & Resorts from a “hold” rating to a “sell” rating in a research report on Friday, September 6th.

Insiders Place Their Bets

In other Wyndham Hotels & Resorts news, CAO Nicola Rossi sold 7,297 shares of Wyndham Hotels & Resorts stock in a transaction on Friday, July 26th. The stock was sold at an average price of $76.70, for a total value of $559,679.90. Following the completion of the transaction, the chief accounting officer now directly owns 4,107 shares of the company’s stock, valued at approximately $315,006.90. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other Wyndham Hotels & Resorts news, insider Monica Melancon sold 5,040 shares of the firm’s stock in a transaction on Friday, September 6th. The stock was sold at an average price of $77.66, for a total value of $391,406.40. Following the sale, the insider now owns 10,606 shares of the company’s stock, valued at approximately $823,661.96. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CAO Nicola Rossi sold 7,297 shares of Wyndham Hotels & Resorts stock in a transaction on Friday, July 26th. The shares were sold at an average price of $76.70, for a total value of $559,679.90. Following the completion of the transaction, the chief accounting officer now owns 4,107 shares in the company, valued at approximately $315,006.90. The disclosure for this sale can be found here. Insiders have sold a total of 12,640 shares of company stock worth $974,351 in the last quarter. Corporate insiders own 2.79% of the company’s stock.

Institutional Investors Weigh In On Wyndham Hotels & Resorts

Hedge funds and other institutional investors have recently made changes to their positions in the stock. GAMMA Investing LLC grew its position in Wyndham Hotels & Resorts by 80.9% during the 2nd quarter. GAMMA Investing LLC now owns 463 shares of the company’s stock worth $34,000 after acquiring an additional 207 shares during the last quarter. Blue Trust Inc. grew its holdings in shares of Wyndham Hotels & Resorts by 1,245.1% during the second quarter. Blue Trust Inc. now owns 686 shares of the company’s stock worth $53,000 after purchasing an additional 635 shares during the last quarter. TFO Wealth Partners LLC increased its stake in shares of Wyndham Hotels & Resorts by 41,100.0% in the fourth quarter. TFO Wealth Partners LLC now owns 824 shares of the company’s stock valued at $66,000 after buying an additional 822 shares during the period. Family Firm Inc. bought a new position in Wyndham Hotels & Resorts in the 2nd quarter valued at approximately $67,000. Finally, International Assets Investment Management LLC acquired a new stake in Wyndham Hotels & Resorts during the 2nd quarter worth approximately $70,000. 93.46% of the stock is owned by institutional investors.

Wyndham Hotels & Resorts Stock Performance

Shares of Wyndham Hotels & Resorts stock opened at $78.27 on Wednesday. The stock’s fifty day simple moving average is $75.61 and its 200 day simple moving average is $74.02. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 3.83. The company has a market capitalization of $6.18 billion, a PE ratio of 27.76, a PEG ratio of 2.69 and a beta of 1.33. Wyndham Hotels & Resorts has a 12 month low of $65.63 and a 12 month high of $81.73.

Wyndham Hotels & Resorts (NYSE:WH) last posted its earnings results on Wednesday, July 24th. The company reported $1.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.03 by $0.10. Wyndham Hotels & Resorts had a return on equity of 47.05% and a net margin of 18.28%. The business had revenue of $367.00 million during the quarter, compared to analysts’ expectations of $370.58 million. During the same period in the prior year, the business earned $0.93 EPS. Wyndham Hotels & Resorts’s revenue for the quarter was up 1.4% compared to the same quarter last year. On average, research analysts predict that Wyndham Hotels & Resorts will post 4.27 EPS for the current year.

Wyndham Hotels & Resorts Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 27th. Shareholders of record on Friday, September 13th will be issued a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a yield of 1.94%. The ex-dividend date is Friday, September 13th. Wyndham Hotels & Resorts’s dividend payout ratio is 53.90%.

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.