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

Wyndham Hotels & Resorts, Inc. (NYSE:WH) has earned an average rating of “Moderate Buy” from the ten ratings firms that are covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $107.00.

A number of research firms have recently weighed in on WH. Wells Fargo & Company began coverage on shares of Wyndham Hotels & Resorts in a report on Thursday, December 5th. They issued an “equal weight” rating and a $103.00 target price on the stock. Oppenheimer raised their price target 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. JPMorgan Chase & Co. upped their price objective on shares of Wyndham Hotels & Resorts from $99.00 to $113.00 and gave the company an “overweight” rating in a research note on Friday, December 13th. Barclays increased their target price on shares of Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the stock an “overweight” rating in a report on Friday, December 13th. Finally, Robert W. Baird boosted their price target on Wyndham Hotels & Resorts from $92.00 to $97.00 and gave the company an “outperform” rating in a report on Friday, October 25th.

Insider Buying and Selling

In related news, insider Scott R. Strickland sold 2,850 shares of the company’s stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of $88.14, for a total value of $251,199.00. Following the transaction, the insider now owns 26,062 shares in the company, valued at $2,297,104.68. The trade was a 9.86 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Stephen P. Holmes sold 80,000 shares of the stock in a transaction dated 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 sale, the director now directly owns 366,371 shares in the company, valued at $33,343,424.71. This trade represents a 17.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 97,850 shares of company stock valued at $8,881,849 over the last quarter. Corporate insiders own 2.79% of the company’s stock.

Institutional Investors Weigh In On Wyndham Hotels & Resorts

A number of institutional investors have recently made changes to their positions in the company. Thrivent Financial for Lutherans increased its holdings in Wyndham Hotels & Resorts by 377.5% in the 2nd quarter. Thrivent Financial for Lutherans now owns 1,240,702 shares of the company’s stock worth $91,812,000 after buying an additional 980,848 shares in the last quarter. Burgundy Asset Management Ltd. boosted its holdings in shares of Wyndham Hotels & Resorts by 70.9% during the 2nd quarter. Burgundy Asset Management Ltd. now owns 2,210,658 shares of the company’s stock valued at $163,589,000 after acquiring an additional 916,742 shares during the last quarter. TimesSquare Capital Management LLC grew its stake in shares of Wyndham Hotels & Resorts by 284,590.0% in the third quarter. TimesSquare Capital Management LLC now owns 284,690 shares of the company’s stock worth $22,246,000 after acquiring an additional 284,590 shares during the period. Copeland Capital Management LLC raised its holdings in shares of Wyndham Hotels & Resorts by 133.1% during the third quarter. Copeland Capital Management LLC now owns 409,324 shares of the company’s stock valued at $31,985,000 after purchasing an additional 233,754 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in Wyndham Hotels & Resorts by 18.9% during the second quarter. Dimensional Fund Advisors LP now owns 1,237,944 shares of the company’s stock valued at $91,609,000 after purchasing an additional 196,982 shares during the period. Hedge funds and other institutional investors own 93.46% of the company’s stock.

Wyndham Hotels & Resorts Price Performance

Shares of NYSE:WH opened at $99.80 on Friday. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 4.19. The stock has a market cap of $7.76 billion, a PE ratio of 31.68, a PEG ratio of 2.42 and a beta of 1.32. The company’s fifty day moving average is $97.70 and its 200 day moving average is $83.92. Wyndham Hotels & Resorts has a 52 week low of $67.67 and a 52 week high of $105.16.

Wyndham Hotels & Resorts (NYSE:WH) last released its quarterly earnings data on Wednesday, October 23rd. The company reported $1.39 EPS for the quarter, topping the consensus estimate of $1.38 by $0.01. The firm had revenue of $396.00 million for the quarter, compared to the consensus estimate of $408.32 million. Wyndham Hotels & Resorts had a return on equity of 51.79% and a net margin of 18.29%. The company’s quarterly revenue was down 1.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.31 earnings per share. Research analysts anticipate that Wyndham Hotels & Resorts will post 4.29 earnings per share for the current year.

Wyndham Hotels & Resorts Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, December 27th. Investors of record on Friday, December 13th were paid a $0.38 dividend. The ex-dividend date was Friday, December 13th. This represents a $1.52 annualized dividend and a dividend yield of 1.52%. Wyndham Hotels & Resorts’s payout ratio is 48.25%.

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.