Wyndham Hotels & Resorts (NYSE:WH) Price Target Cut to $110.00 by Analysts at Jefferies Financial Group

Wyndham Hotels & Resorts (NYSE:WH - Free Report) had its target price cut by Jefferies Financial Group from $125.00 to $110.00 in a report issued on Wednesday,Benzinga reports. They currently have a buy rating on the stock.

Several other analysts have also recently commented on WH. Wells Fargo & Company raised their target price on shares of Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the stock an "overweight" rating in a research note on Friday, February 14th. Redburn Atlantic upgraded shares of Wyndham Hotels & Resorts from a "neutral" rating to a "buy" rating and set a $115.00 price objective for the company in a research report on Monday, March 24th. Barclays increased their target price on Wyndham Hotels & Resorts from $116.00 to $121.00 and gave the stock an "overweight" rating in a research note on Friday, February 14th. Morgan Stanley lifted their price target on Wyndham Hotels & Resorts from $107.00 to $113.00 and gave the company an "overweight" rating in a research note on Tuesday, March 4th. Finally, Robert W. Baird increased their price objective 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. Two equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $115.25.

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Wyndham Hotels & Resorts Stock Performance

Shares of WH traded down $1.12 during midday trading on Wednesday, reaching $83.34. 232,684 shares of the stock were exchanged, compared to its average volume of 830,213. The company has a market capitalization of $6.46 billion, a price-to-earnings ratio of 22.96, a PEG ratio of 1.87 and a beta of 1.11. The company has a debt-to-equity ratio of 3.72, a current ratio of 1.00 and a quick ratio of 1.00. Wyndham Hotels & Resorts has a twelve month low of $67.67 and a twelve month high of $113.07. The business's 50-day moving average price is $97.10 and its 200 day moving average price is $95.98.

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, topping the consensus estimate of $1.00 by $0.04. Wyndham Hotels & Resorts had a return on equity of 54.86% and a net margin of 20.51%. On average, sell-side analysts expect that Wyndham Hotels & Resorts will post 4.79 EPS for the current fiscal year.

Wyndham Hotels & Resorts Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 17th were given a dividend of $0.41 per share. This is an increase from Wyndham Hotels & Resorts's previous quarterly dividend of $0.38. The ex-dividend date was Monday, March 17th. This represents a $1.64 annualized dividend and a yield of 1.97%. Wyndham Hotels & Resorts's dividend payout ratio (DPR) is presently 45.18%.

Institutional Trading of Wyndham Hotels & Resorts

A number of large investors have recently made changes to their positions in WH. Quantinno Capital Management LP boosted its position in Wyndham Hotels & Resorts by 34.2% during the third quarter. Quantinno Capital Management LP now owns 8,961 shares of the company's stock worth $700,000 after acquiring an additional 2,286 shares during the last quarter. Stifel Financial Corp boosted its holdings in shares of Wyndham Hotels & Resorts by 91.9% during the third quarter. Stifel Financial Corp now owns 30,665 shares of the company's stock worth $2,396,000 after purchasing an additional 14,688 shares during the last quarter. MML Investors Services LLC increased its stake in Wyndham Hotels & Resorts by 3.4% in the third quarter. MML Investors Services LLC now owns 27,384 shares of the company's stock valued at $2,140,000 after purchasing an additional 902 shares during the last quarter. Nomura Asset Management Co. Ltd. lifted its position in Wyndham Hotels & Resorts by 86.4% during the third quarter. Nomura Asset Management Co. Ltd. now owns 410 shares of the company's stock worth $32,000 after buying an additional 190 shares during the period. Finally, M&T Bank Corp boosted its stake in 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 buying an additional 138 shares during the last quarter. Institutional investors and hedge funds own 93.46% of the company's stock.

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.