Wyndham Hotels & Resorts, Inc. (NYSE:WH - Get Free Report) saw a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 3,170,000 shares, an increase of 37.8% from the January 31st total of 2,300,000 shares. Based on an average daily volume of 746,200 shares, the short-interest ratio is presently 4.2 days. Approximately 4.2% of the shares of the company are short sold.
Wyndham Hotels & Resorts Stock Performance
WH traded down $1.97 on Friday, reaching $98.44. The stock had a trading volume of 2,076,263 shares, compared to its average volume of 780,518. The business's 50-day moving average price is $104.88 and its two-hundred day moving average price is $93.74. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 3.72. Wyndham Hotels & Resorts has a 12-month low of $67.67 and a 12-month high of $113.07. The company has a market cap of $7.65 billion, a P/E ratio of 27.12, a price-to-earnings-growth ratio of 1.87 and a beta of 1.28.
Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last issued its quarterly earnings results on Wednesday, February 12th. The company reported $1.04 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.00 by $0.04. Wyndham Hotels & Resorts had a return on equity of 54.86% and a net margin of 20.51%. Sell-side analysts forecast that Wyndham Hotels & Resorts will post 4.79 earnings per share for the current year.
Wyndham Hotels & Resorts Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 17th will be given a dividend of $0.41 per share. The ex-dividend date is Monday, March 17th. This is a boost from Wyndham Hotels & Resorts's previous quarterly dividend of $0.38. This represents a $1.64 dividend on an annualized basis and a yield of 1.67%. Wyndham Hotels & Resorts's dividend payout ratio is currently 41.87%.
Analysts Set New Price Targets
WH has been the subject of a number of research analyst reports. Barclays raised their price target on shares of Wyndham Hotels & Resorts from $116.00 to $121.00 and gave the stock an "overweight" rating in a report on Friday, February 14th. Truist Financial raised their target price on Wyndham Hotels & Resorts from $105.00 to $122.00 and gave the stock a "buy" rating in a research note on Wednesday, February 19th. Wells Fargo & Company boosted their price target on Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the company an "overweight" rating in a research note on Friday, February 14th. Morgan Stanley increased their price objective on Wyndham Hotels & Resorts from $107.00 to $113.00 and gave the company an "overweight" rating in a report on Tuesday. Finally, Jefferies Financial Group lifted their target price on Wyndham Hotels & Resorts from $107.00 to $120.00 and gave the stock a "buy" rating in a report on Thursday, January 2nd. Two investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat, Wyndham Hotels & Resorts has a consensus rating of "Moderate Buy" and a consensus target price of $116.45.
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Hedge Funds Weigh In On Wyndham Hotels & Resorts
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Trust Co. of Vermont raised its position in shares of Wyndham Hotels & Resorts by 434.8% during the 4th quarter. Trust Co. of Vermont now owns 246 shares of the company's stock worth $25,000 after purchasing an additional 200 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in shares of Wyndham Hotels & Resorts by 508.7% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 280 shares of the company's stock valued at $28,000 after acquiring an additional 234 shares during the last quarter. Smartleaf Asset Management LLC lifted its position in shares of Wyndham Hotels & Resorts by 46.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 343 shares of the company's stock valued at $35,000 after acquiring an additional 108 shares in the last quarter. Assetmark Inc. purchased a new position in shares of Wyndham Hotels & Resorts in the third quarter valued at approximately $30,000. Finally, UMB Bank n.a. boosted its stake in shares of Wyndham Hotels & Resorts by 72.7% in the fourth quarter. UMB Bank n.a. now owns 399 shares of the company's stock worth $40,000 after acquiring an additional 168 shares during the last quarter. 93.46% of the stock is owned by hedge funds and other institutional investors.
Wyndham Hotels & Resorts Company Profile
(
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Wyndham Hotels & Resorts, Inc engages in the franchise and operation of hotels under the Wyndham brand. It operates through the Hotel Franchising and Hotel Management segments. The Hotel Franchising segment focuses on licensing the company's lodging brands and providing related services to third-party hotel owners and others.
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