Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH - Get Free Report) have been assigned a consensus rating of "Moderate Buy" from the nine brokerages that are currently covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $105.56.
A number of research analysts recently issued reports on WH shares. StockNews.com raised Wyndham Hotels & Resorts from a "sell" rating to a "hold" rating in a report on Friday, November 1st. Oppenheimer lifted 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 note on Tuesday, November 12th. Barclays increased their target price on shares of Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the company an "overweight" rating in a research note on Friday, December 13th. Robert W. Baird upped 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. Finally, JPMorgan Chase & Co. lifted their target price on Wyndham Hotels & Resorts from $99.00 to $113.00 and gave the stock an "overweight" rating in a report on Friday, December 13th.
View Our Latest Stock Report on WH
Wyndham Hotels & Resorts Stock Performance
Shares of NYSE:WH traded down $0.25 on Friday, hitting $101.69. The company's stock had a trading volume of 406,618 shares, compared to its average volume of 750,888. The company has a market capitalization of $7.91 billion, a price-to-earnings ratio of 32.28, a price-to-earnings-growth ratio of 2.42 and a beta of 1.32. The company has a debt-to-equity ratio of 4.19, a quick ratio of 0.97 and a current ratio of 0.97. The stock's 50-day moving average is $96.02 and its two-hundred day moving average is $82.93. Wyndham Hotels & Resorts has a 12 month low of $67.67 and a 12 month high of $105.16.
Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last released its earnings results on Wednesday, October 23rd. The company reported $1.39 earnings per share for the quarter, topping 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 firm had revenue of $396.00 million during the quarter, compared to the consensus estimate of $408.32 million. During the same period in the prior year, the firm posted $1.31 earnings per share. The firm's revenue for the quarter was down 1.5% compared to the same quarter last year. On average, equities research analysts forecast that Wyndham Hotels & Resorts will post 4.29 EPS for the current year.
Wyndham Hotels & Resorts Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, December 27th. Stockholders of record on Friday, December 13th will be issued a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a dividend yield of 1.49%. The ex-dividend date of this dividend is Friday, December 13th. Wyndham Hotels & Resorts's dividend payout ratio is currently 48.25%.
Insider Buying and Selling
In other news, CFO Michele Allen sold 15,000 shares of the firm's stock in a transaction 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 transaction, the chief financial officer now owns 10,056 shares in the company, valued at approximately $904,939.44. This trade represents a 59.87 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Scott R. Strickland sold 2,850 shares of the company's 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 completion of the sale, 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 disclosure for this sale can be found here. Over the last ninety days, insiders sold 97,850 shares of company stock worth $8,881,849. Corporate insiders own 2.79% of the company's stock.
Institutional Investors Weigh In On Wyndham Hotels & Resorts
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Stifel Financial Corp lifted its position in Wyndham Hotels & Resorts by 91.9% during the 3rd quarter. Stifel Financial Corp now owns 30,665 shares of the company's stock worth $2,396,000 after acquiring an additional 14,688 shares during the last quarter. Thrivent Financial for Lutherans increased its stake in shares of Wyndham Hotels & Resorts by 40.8% in the third 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 period. Natixis Advisors LLC lifted its position in shares of Wyndham Hotels & Resorts by 37.7% during the 3rd 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 last quarter. The Manufacturers Life Insurance Company boosted its stake in Wyndham Hotels & Resorts by 15.0% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 64,329 shares of the company's stock valued at $5,027,000 after purchasing an additional 8,389 shares during the period. Finally, Impax Asset Management Group plc grew its holdings in 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 valued at $10,549,000 after buying an additional 35,000 shares during the last quarter. 93.46% of the stock is currently owned by institutional investors and hedge funds.
About Wyndham Hotels & Resorts
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Get Free ReportWyndham 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.
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