Wyndham Hotels & Resorts (NYSE:WH) Stock Rating Upgraded by Wells Fargo & Company

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) was upgraded by research analysts at Wells Fargo & Company from an "equal weight" rating to an "overweight" rating in a report released on Friday, MarketBeat Ratings reports. The brokerage presently has a $114.00 target price on the stock, up from their previous target price of $103.00. Wells Fargo & Company's price target points to a potential upside of 13.17% from the company's current price.

Several other equities research analysts also recently weighed in on the stock. Stifel Nicolaus increased their target price 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. 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 research report on Tuesday, November 12th. The Goldman Sachs Group boosted their target price on Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the company a "buy" rating in a research report on Tuesday, December 10th. JPMorgan Chase & Co. increased their price target on Wyndham Hotels & Resorts from $99.00 to $113.00 and gave the stock an "overweight" rating in a report on Friday, December 13th. Finally, StockNews.com raised Wyndham Hotels & Resorts from a "sell" rating to a "hold" rating in a research report on Friday, November 1st. Two analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $108.10.

Wyndham Hotels & Resorts Price Performance

Shares of Wyndham Hotels & Resorts stock traded up $1.73 during trading hours on Friday, reaching $100.73. The company's stock had a trading volume of 1,051,225 shares, compared to its average volume of 716,721. The firm has a 50 day moving average price of $98.77 and a 200-day moving average price of $84.87. 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 market cap of $7.84 billion, a P/E ratio of 31.98, a P/E/G ratio of 2.42 and a beta of 1.30. Wyndham Hotels & Resorts has a one year low of $67.67 and a one year high of $105.16.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last issued its quarterly earnings data 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 firm's revenue for the quarter was down 1.5% on a year-over-year basis. During the same period in the previous year, the firm posted $1.31 earnings per share. On average, analysts predict that Wyndham Hotels & Resorts will post 4.29 EPS for the current year.

Insider Transactions at Wyndham Hotels & Resorts

In related news, CFO Michele Allen sold 15,000 shares of the business's stock in a transaction that occurred on Friday, October 25th. The shares were sold at an average price of $89.99, for a total transaction of $1,349,850.00. Following the completion of the transaction, the chief financial officer now owns 10,056 shares in the company, valued at $904,939.44. The trade was a 59.87 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Scott R. Strickland sold 2,850 shares of the stock in a transaction that occurred on Tuesday, November 5th. The shares were 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 of the company's stock, valued at $2,297,104.68. The trade was a 9.86 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 97,850 shares of company stock valued at $8,881,849. Company insiders own 2.79% of the company's stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Thrivent Financial for Lutherans grew its stake in shares of Wyndham Hotels & Resorts by 377.5% during the second quarter. Thrivent Financial for Lutherans now owns 1,240,702 shares of the company's stock worth $91,812,000 after acquiring an additional 980,848 shares during the last quarter. Burgundy Asset Management Ltd. increased its stake in 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 purchasing an additional 916,742 shares in the last quarter. TimesSquare Capital Management LLC raised its holdings 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 buying an additional 284,590 shares during the last quarter. Copeland Capital Management LLC lifted its stake 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 worth $31,985,000 after buying an additional 233,754 shares during the period. Finally, Dimensional Fund Advisors LP grew its holdings in shares of 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 buying an additional 196,982 shares during the last quarter. 93.46% of the stock is owned by institutional investors and hedge funds.

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.