Wyndham Hotels & Resorts (NYSE:WH) Rating Increased to Hold at StockNews.com

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) was upgraded by equities researchers at StockNews.com from a "sell" rating to a "hold" rating in a research note issued on Friday.

Several other equities analysts have also issued reports on the company. Barclays boosted their price target on Wyndham Hotels & Resorts from $90.00 to $100.00 and gave the company an "overweight" rating in a research note on Friday, October 25th. Robert W. Baird raised their price target on shares of Wyndham Hotels & Resorts from $92.00 to $97.00 and gave the stock an "outperform" rating in a report on Friday, October 25th. The Goldman Sachs Group started coverage on shares of Wyndham Hotels & Resorts in a report on Wednesday, September 18th. They set a "buy" rating and a $96.00 price objective on the stock. Stifel Nicolaus raised their target price on Wyndham Hotels & Resorts from $91.00 to $92.00 and gave the company a "buy" rating in a research note on Thursday, October 24th. Finally, Truist Financial boosted their target price on Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the company a "buy" rating in a research report on Friday, October 25th. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. Based on data from MarketBeat, Wyndham Hotels & Resorts presently has an average rating of "Moderate Buy" and an average price target of $95.00.

Wyndham Hotels & Resorts Price Performance

WH traded down $0.31 on Friday, reaching $88.01. The stock had a trading volume of 599,827 shares, compared to its average volume of 751,977. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 4.19. The company has a market capitalization of $6.85 billion, a price-to-earnings ratio of 27.94, a price-to-earnings-growth ratio of 2.22 and a beta of 1.33. Wyndham Hotels & Resorts has a fifty-two week low of $67.67 and a fifty-two week high of $91.93. The firm has a 50-day moving average of $80.51 and a 200-day moving average of $75.53.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last released its quarterly earnings results on Wednesday, October 23rd. The company reported $1.39 earnings per share for the quarter, topping the consensus estimate of $1.38 by $0.01. The company had revenue of $396.00 million for the quarter, compared to analysts' expectations of $408.32 million. Wyndham Hotels & Resorts had a return on equity of 51.79% and a net margin of 18.29%. The business's quarterly revenue was down 1.5% compared to the same quarter last year. During the same period in the previous year, the business posted $1.31 earnings per share. As a group, sell-side analysts anticipate that Wyndham Hotels & Resorts will post 4.3 EPS for the current year.

Insider Activity

In other Wyndham Hotels & Resorts news, Director Stephen P. Holmes sold 80,000 shares of Wyndham Hotels & Resorts 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 transaction, the director now directly owns 366,371 shares of the company's stock, valued at $33,343,424.71. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, CFO Michele Allen sold 15,000 shares of Wyndham Hotels & Resorts stock in a transaction on Friday, October 25th. The stock was sold at an average price of $89.99, for a total transaction of $1,349,850.00. Following the sale, the chief financial officer now directly owns 10,056 shares in the company, valued at $904,939.44. The trade was a 0.00 % decrease in their position. The transaction 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 Wyndham Hotels & Resorts stock in a transaction on Friday, October 25th. The stock was sold at an average price of $91.01, for a total value of $7,280,800.00. Following the sale, the director now owns 366,371 shares in the company, valued at $33,343,424.71. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 100,040 shares of company stock worth $9,022,056 over the last 90 days. 2.79% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Wyndham Hotels & Resorts

Hedge funds have recently made changes to their positions in the business. Assetmark Inc. bought a new stake in Wyndham Hotels & Resorts in the 3rd quarter valued at about $30,000. GAMMA Investing LLC raised its stake 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 acquiring an additional 207 shares during the period. Concord Wealth Partners raised its stake in Wyndham Hotels & Resorts by 115.5% in the 3rd quarter. Concord Wealth Partners now owns 543 shares of the company's stock valued at $42,000 after acquiring an additional 291 shares during the period. Blue Trust Inc. raised its stake 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 acquiring an additional 635 shares during the period. Finally, Family Firm Inc. bought a new stake in Wyndham Hotels & Resorts in the 2nd quarter valued at about $67,000. 93.46% of the stock is currently owned by institutional investors.

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.