Wyndham Hotels & Resorts (NYSE:WH) Given New $108.00 Price Target at The Goldman Sachs Group

Wyndham Hotels & Resorts (NYSE:WH - Free Report) had its price target cut by The Goldman Sachs Group from $124.00 to $108.00 in a research report sent to investors on Monday,Benzinga reports. They currently have a buy rating on the stock.

A number of other equities analysts also recently issued reports on WH. Susquehanna increased their price target on shares of Wyndham Hotels & Resorts from $80.00 to $110.00 and gave the stock a "neutral" rating in a research note on Tuesday, February 25th. Robert W. Baird increased their target price on Wyndham Hotels & Resorts from $108.00 to $115.00 and gave the stock an "outperform" rating in a research report on Tuesday, February 18th. Barclays lifted their price target on Wyndham Hotels & Resorts from $116.00 to $121.00 and gave the company an "overweight" rating in a research report on Friday, February 14th. Redburn Atlantic upgraded Wyndham Hotels & Resorts from a "neutral" rating to a "buy" rating and set a $115.00 price objective for the company in a report on Monday, March 24th. Finally, Stifel Nicolaus boosted their target price on shares of Wyndham Hotels & Resorts from $113.00 to $121.00 and gave the company a "buy" rating in a report on Thursday, February 13th. Two analysts have rated the stock with a hold rating and eleven have given a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $114.67.

Wyndham Hotels & Resorts Trading Down 0.4 %

Shares of WH stock traded down $0.30 during mid-day trading on Monday, reaching $81.41. The stock had a trading volume of 607,088 shares, compared to its average volume of 832,406. The firm has a market capitalization of $6.31 billion, a PE ratio of 22.43, a price-to-earnings-growth ratio of 1.87 and a beta of 1.11. The stock's 50-day moving average price is $94.60 and its two-hundred day moving average price is $95.87. 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 52-week low of $67.67 and a 52-week high of $113.07.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last released its quarterly earnings results on Wednesday, February 12th. The company reported $1.04 EPS for the quarter, beating 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%. Equities analysts expect that Wyndham Hotels & Resorts will post 4.79 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 17th were issued a $0.41 dividend. This is a positive change from Wyndham Hotels & Resorts's previous quarterly dividend of $0.38. The ex-dividend date of this dividend was Monday, March 17th. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.01%. Wyndham Hotels & Resorts's dividend payout ratio (DPR) is presently 45.18%.

Institutional Investors Weigh In On Wyndham Hotels & Resorts

Several large investors have recently bought and sold shares of the business. Smartleaf Asset Management LLC boosted its holdings 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 worth $35,000 after buying an additional 108 shares during the last quarter. Principal Securities Inc. boosted its stake in shares of Wyndham Hotels & Resorts by 1.0% during the 4th quarter. Principal Securities Inc. now owns 10,941 shares of the company's stock worth $1,103,000 after acquiring an additional 113 shares during the last quarter. Equitable Trust Co. grew its position in shares of Wyndham Hotels & Resorts by 1.5% during the 4th quarter. Equitable Trust Co. now owns 9,295 shares of the company's stock valued at $937,000 after acquiring an additional 135 shares during the period. M&T Bank Corp increased its stake in shares of Wyndham Hotels & Resorts by 4.2% in the 3rd quarter. M&T Bank Corp now owns 3,415 shares of the company's stock worth $267,000 after purchasing an additional 138 shares in the last quarter. Finally, UMB Bank n.a. raised its holdings in Wyndham Hotels & Resorts by 72.7% in the 4th 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. 93.46% of the stock is currently owned by institutional investors.

About Wyndham Hotels & Resorts

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.