Wyndham Hotels & Resorts (NYSE:WH) Given New $115.00 Price Target at The Goldman Sachs Group

Wyndham Hotels & Resorts (NYSE:WH) had its target price increased by stock analysts at The Goldman Sachs Group from $100.00 to $115.00 in a note issued to investors on Tuesday,Benzinga reports. The firm presently has a “buy” rating on the stock. The Goldman Sachs Group’s price target would suggest a potential upside of 13.66% from the company’s previous close.

Several other equities research analysts have also recently issued reports on WH. StockNews.com upgraded Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a report on Friday, November 1st. Wells Fargo & Company began coverage on Wyndham Hotels & Resorts in a report on Thursday, December 5th. They issued an “equal weight” rating and a $103.00 price target for the company. Oppenheimer increased their price objective on shares of Wyndham Hotels & Resorts from $90.00 to $115.00 and gave the stock an “outperform” rating in a report on Tuesday, November 12th. Barclays upped their price target on shares of Wyndham Hotels & Resorts from $90.00 to $100.00 and gave the stock an “overweight” rating in a research report on Friday, October 25th. Finally, Stifel Nicolaus lifted their price target on shares of Wyndham Hotels & Resorts from $92.00 to $107.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Three research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $102.75.

Wyndham Hotels & Resorts Trading Down 0.7 %

Wyndham Hotels & Resorts stock opened at $101.18 on Tuesday. The stock has a 50-day moving average price of $90.22 and a 200 day moving average price of $80.17. Wyndham Hotels & Resorts has a 52 week low of $67.67 and a 52 week high of $103.17. The stock has a market cap of $7.87 billion, a PE ratio of 32.12, a P/E/G ratio of 2.58 and a beta of 1.32. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 4.19.

Wyndham Hotels & Resorts (NYSE:WH) last posted its quarterly earnings data on Wednesday, October 23rd. The company reported $1.39 earnings per share for the quarter, beating analysts’ consensus estimates of $1.38 by $0.01. The business had revenue of $396.00 million during the quarter, compared to analyst estimates of $408.32 million. Wyndham Hotels & Resorts had a net margin of 18.29% and a return on equity of 51.79%. The company’s revenue was down 1.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.31 earnings per share. Equities research analysts predict that Wyndham Hotels & Resorts will post 4.3 earnings per share for the current fiscal year.

Insider Activity

In related news, Director Stephen P. Holmes sold 80,000 shares of the firm’s stock in a transaction on Friday, October 25th. The shares were sold at an average price of $91.01, for a total transaction of $7,280,800.00. Following the completion of the sale, the director now directly owns 366,371 shares of the company’s stock, valued at approximately $33,343,424.71. This trade represents a 17.92 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Scott R. Strickland sold 2,850 shares of Wyndham Hotels & Resorts stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $88.14, for a total transaction of $251,199.00. Following the sale, the insider now directly owns 26,062 shares in the company, valued at $2,297,104.68. This trade represents a 9.86 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 97,850 shares of company stock valued at $8,881,849. Company insiders own 2.79% of the company’s stock.

Institutional Trading of Wyndham Hotels & Resorts

Several large investors have recently modified their holdings of WH. Thrivent Financial for Lutherans increased its position in shares of Wyndham Hotels & Resorts by 40.8% in the 3rd quarter. Thrivent Financial for Lutherans now owns 1,747,295 shares of the company’s stock worth $136,533,000 after purchasing an additional 506,593 shares during the last quarter. Natixis Advisors LLC raised its holdings in shares of Wyndham Hotels & Resorts by 37.7% during the third quarter. Natixis Advisors LLC now owns 34,537 shares of the company’s stock worth $2,699,000 after purchasing an additional 9,463 shares during the period. Impax Asset Management Group plc lifted its position in shares of Wyndham Hotels & Resorts by 35.0% in the 3rd quarter. Impax Asset Management Group plc now owns 135,000 shares of the company’s stock worth $10,549,000 after buying an additional 35,000 shares during the last quarter. Kiltearn Partners LLP grew its position in shares of Wyndham Hotels & Resorts by 32.9% during the 3rd quarter. Kiltearn Partners LLP now owns 62,400 shares of the company’s stock valued at $4,876,000 after buying an additional 15,458 shares during the last quarter. Finally, Mutual of America Capital Management LLC raised its stake in Wyndham Hotels & Resorts by 221.3% during the third quarter. Mutual of America Capital Management LLC now owns 148,250 shares of the company’s stock worth $11,584,000 after acquiring an additional 102,115 shares during the period. 93.46% of the stock is currently owned by institutional investors and hedge funds.

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.