Wyndham Hotels & Resorts (NYSE:WH) Reaches New 1-Year High – What’s Next?

Wyndham Hotels & Resorts, Inc. (NYSE:WH)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $105.22 and last traded at $105.04, with a volume of 77143 shares trading hands. The stock had previously closed at $103.25.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. Barclays raised their target price on Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the stock an “overweight” rating in a research note on Friday, December 13th. Stifel Nicolaus lifted their price objective on shares of Wyndham Hotels & Resorts from $92.00 to $107.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. The Goldman Sachs Group increased their target price on shares of Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the stock a “buy” rating in a research note on Tuesday, December 10th. Wells Fargo & Company raised shares of Wyndham Hotels & Resorts from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $103.00 to $114.00 in a research note on Friday, January 10th. Finally, Robert W. Baird increased their price objective on shares of Wyndham Hotels & Resorts from $92.00 to $97.00 and gave the stock an “outperform” rating in a research report on Friday, October 25th. Two investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $108.10.

Wyndham Hotels & Resorts Stock Up 2.0 %

The stock has a market capitalization of $8.19 billion, a P/E ratio of 33.43, a price-to-earnings-growth ratio of 2.16 and a beta of 1.30. The company has a debt-to-equity ratio of 4.19, a current ratio of 0.97 and a quick ratio of 0.97. The stock has a fifty day moving average price of $100.05 and a 200 day moving average price of $86.44.

Wyndham Hotels & Resorts (NYSE:WH) last posted its earnings results 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. Wyndham Hotels & Resorts had a return on equity of 51.79% and a net margin of 18.29%. The business had revenue of $396.00 million during the quarter, compared to analyst estimates of $408.32 million. During the same quarter in the previous year, the firm earned $1.31 EPS. The company’s quarterly revenue was down 1.5% compared to the same quarter last year. On average, research analysts forecast that Wyndham Hotels & Resorts, Inc. will post 4.29 earnings per share for the current year.

Wyndham Hotels & Resorts Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, December 27th. Shareholders of record on Friday, December 13th were issued a $0.38 dividend. This represents a $1.52 annualized dividend and a yield of 1.44%. The ex-dividend date of this dividend was Friday, December 13th. Wyndham Hotels & Resorts’s payout ratio is 48.25%.

Insider Transactions at Wyndham Hotels & Resorts

In related news, insider Scott R. Strickland sold 2,850 shares of the stock in a transaction on Tuesday, November 5th. The stock was 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 of the company’s stock, valued at $2,297,104.68. This represents a 9.86 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Michele Allen sold 15,000 shares of Wyndham Hotels & Resorts stock in a transaction dated Friday, October 25th. The stock was sold at an average price of $89.99, for a total value of $1,349,850.00. Following the sale, the chief financial officer now directly owns 10,056 shares of the company’s stock, valued at approximately $904,939.44. This trade represents a 59.87 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 97,850 shares of company stock valued at $8,881,849. 2.79% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Wyndham Hotels & Resorts

A number of hedge funds have recently made changes to their positions in WH. Tributary Capital Management LLC increased its stake in Wyndham Hotels & Resorts by 46.6% in the 4th quarter. Tributary Capital Management LLC now owns 10,336 shares of the company’s stock worth $1,042,000 after purchasing an additional 3,284 shares during the period. MassMutual Private Wealth & Trust FSB raised its stake in shares of Wyndham Hotels & Resorts by 372.5% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 671 shares of the company’s stock valued at $68,000 after acquiring an additional 529 shares during the last quarter. UMB Bank n.a. boosted its holdings in shares of Wyndham Hotels & Resorts by 72.7% during the fourth quarter. UMB Bank n.a. now owns 399 shares of the company’s stock worth $40,000 after purchasing an additional 168 shares during the period. HB Wealth Management LLC bought a new stake in shares of Wyndham Hotels & Resorts in the fourth quarter worth about $319,000. Finally, Trust Co. of Vermont increased its holdings in Wyndham Hotels & Resorts by 434.8% during the 4th quarter. Trust Co. of Vermont now owns 246 shares of the company’s stock valued at $25,000 after purchasing an additional 200 shares during the period. 93.46% of the stock is currently owned by institutional investors.

Wyndham Hotels & Resorts Company Profile

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