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

StockNews.com cut shares of Wyndham Hotels & Resorts (NYSE:WH) from a hold rating to a sell rating in a report published on Monday.

A number of other equities analysts also recently issued reports on WH. Stifel Nicolaus lowered their price target on Wyndham Hotels & Resorts from $91.50 to $89.00 and set a “buy” rating on the stock in a research report on Thursday, July 25th. Susquehanna started coverage on Wyndham Hotels & Resorts in a research report on Friday, June 21st. They set a “neutral” rating and a $80.00 target price on the stock. The Goldman Sachs Group began coverage on shares of Wyndham Hotels & Resorts in a report on Wednesday, September 18th. They issued a “buy” rating and a $96.00 price target for the company. Barclays increased their price objective on shares of Wyndham Hotels & Resorts from $88.00 to $90.00 and gave the company an “overweight” rating in a report on Friday, July 26th. Finally, Truist Financial cut their target price on shares of Wyndham Hotels & Resorts from $104.00 to $103.00 and set a “buy” rating for the company in a research note on Monday. One investment analyst has rated the stock with a sell rating, one has given a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, Wyndham Hotels & Resorts currently has a consensus rating of “Moderate Buy” and a consensus target price of $90.13.

Wyndham Hotels & Resorts Price Performance

Shares of NYSE WH opened at $81.95 on Monday. The company has a debt-to-equity ratio of 3.83, a current ratio of 0.90 and a quick ratio of 0.90. The firm’s 50 day simple moving average is $77.80 and its 200-day simple moving average is $74.45. Wyndham Hotels & Resorts has a 12 month low of $67.67 and a 12 month high of $82.71. The stock has a market capitalization of $6.47 billion, a price-to-earnings ratio of 26.69, a PEG ratio of 2.82 and a beta of 1.33.

Wyndham Hotels & Resorts (NYSE:WH) last released its quarterly earnings data on Wednesday, July 24th. The company reported $1.13 earnings per share for the quarter, beating analysts’ consensus estimates of $1.03 by $0.10. The company had revenue of $367.00 million during the quarter, compared to analysts’ expectations of $370.58 million. Wyndham Hotels & Resorts had a net margin of 18.28% and a return on equity of 47.05%. The firm’s revenue for the quarter was up 1.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.93 earnings per share. Analysts expect that Wyndham Hotels & Resorts will post 4.27 EPS for the current year.

Wyndham Hotels & Resorts Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Friday, September 13th were paid a dividend of $0.38 per share. The ex-dividend date was Friday, September 13th. This represents a $1.52 annualized dividend and a yield of 1.85%. Wyndham Hotels & Resorts’s dividend payout ratio is presently 49.51%.

Insiders Place Their Bets

In related news, insider Monica Melancon sold 5,040 shares of the stock in a transaction that occurred 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 completion of the sale, the insider now owns 10,606 shares of the company’s stock, valued at approximately $823,661.96. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In related news, insider Monica Melancon sold 5,040 shares of the company’s stock in a transaction dated Friday, September 6th. The shares were sold at an average price of $77.66, for a total value of $391,406.40. Following the completion of the sale, the insider now owns 10,606 shares of the company’s stock, valued at approximately $823,661.96. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CAO Nicola Rossi sold 7,297 shares of Wyndham Hotels & Resorts stock in a transaction dated Friday, July 26th. The stock was sold at an average price of $76.70, for a total transaction of $559,679.90. Following the transaction, the chief accounting officer now directly owns 4,107 shares in the company, valued at $315,006.90. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 12,640 shares of company stock valued at $974,351 in the last ninety days. 2.79% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. GAMMA Investing LLC increased its holdings in Wyndham Hotels & Resorts by 80.9% in the 2nd quarter. GAMMA Investing LLC now owns 463 shares of the company’s stock valued at $34,000 after purchasing an additional 207 shares during the last quarter. Blue Trust Inc. raised its position in Wyndham Hotels & Resorts by 1,245.1% in the 2nd quarter. Blue Trust Inc. now owns 686 shares of the company’s stock valued at $53,000 after purchasing an additional 635 shares in the last quarter. Family Firm Inc. purchased a new position in shares of Wyndham Hotels & Resorts in the 2nd quarter valued at about $67,000. International Assets Investment Management LLC acquired a new position in shares of Wyndham Hotels & Resorts during the second quarter worth about $70,000. Finally, Concord Wealth Partners increased its stake in shares of Wyndham Hotels & Resorts by 70.8% during the first quarter. Concord Wealth Partners now owns 1,023 shares of the company’s stock worth $79,000 after buying an additional 424 shares during the period. 93.46% of the stock is currently owned by hedge funds and other institutional investors.

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.