Wyndham Hotels & Resorts (NYSE:WH - Free Report) had its target price boosted by Morgan Stanley from $107.00 to $113.00 in a research report report published on Tuesday morning,Benzinga reports. They currently have an overweight rating on the stock.
Several other equities research analysts also recently weighed in on the stock. Stifel Nicolaus raised their target price on shares of Wyndham Hotels & Resorts from $113.00 to $121.00 and gave the company a "buy" rating in a research note on Thursday, February 13th. Jefferies Financial Group raised their price objective on Wyndham Hotels & Resorts from $107.00 to $120.00 and gave the stock a "buy" rating in a research report on Thursday, January 2nd. Truist Financial upped their target price on Wyndham Hotels & Resorts from $105.00 to $122.00 and gave the company a "buy" rating in a research report on Wednesday, February 19th. Barclays raised their price target on Wyndham Hotels & Resorts from $116.00 to $121.00 and gave the stock an "overweight" rating in a report on Friday, February 14th. Finally, Oppenheimer upped their price objective on shares of Wyndham Hotels & Resorts from $90.00 to $115.00 and gave the company an "outperform" rating in a report on Tuesday, November 12th. Two investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat, Wyndham Hotels & Resorts has a consensus rating of "Moderate Buy" and a consensus target price of $116.45.
View Our Latest Analysis on WH
Wyndham Hotels & Resorts Trading Down 2.0 %
NYSE:WH traded down $1.97 during mid-day trading on Tuesday, hitting $98.44. 2,076,263 shares of the stock traded hands, compared to its average volume of 780,487. The company has a quick ratio of 1.00, a current 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. The stock has a market capitalization of $7.65 billion, a price-to-earnings ratio of 27.12, a PEG ratio of 1.87 and a beta of 1.28. The firm's 50 day moving average is $104.88 and its two-hundred day moving average is $93.74.
Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last released its earnings results on Wednesday, February 12th. The company reported $1.04 earnings per share 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, equities research analysts predict that Wyndham Hotels & Resorts will post 4.79 earnings per share for the current year.
Wyndham Hotels & Resorts Increases Dividend
The firm 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. This is an increase from Wyndham Hotels & Resorts's previous quarterly dividend of $0.38. This represents a $1.64 annualized dividend and a yield of 1.67%. The ex-dividend date of this dividend is Monday, March 17th. Wyndham Hotels & Resorts's dividend payout ratio (DPR) is presently 41.87%.
Institutional Inflows and Outflows
A number of institutional investors have recently modified their holdings of the stock. Smartleaf Asset Management LLC raised its stake in shares of Wyndham Hotels & Resorts by 46.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 343 shares of the company's stock worth $35,000 after buying an additional 108 shares in the last quarter. Principal Securities Inc. raised its position in Wyndham Hotels & Resorts by 1.0% in the fourth quarter. Principal Securities Inc. now owns 10,941 shares of the company's stock worth $1,103,000 after acquiring an additional 113 shares in the last quarter. Equitable Trust Co. lifted its holdings in Wyndham Hotels & Resorts by 1.5% in the fourth 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 boosted its position in shares of Wyndham Hotels & Resorts by 4.2% during 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, Crossmark Global Holdings Inc. grew its stake in shares of Wyndham Hotels & Resorts by 2.7% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 5,674 shares of the company's stock worth $443,000 after purchasing an additional 147 shares during the period. Institutional investors and hedge funds own 93.46% of the company's stock.
About Wyndham Hotels & Resorts
(
Get Free Report)
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.
See Also
Before you consider Wyndham Hotels & Resorts, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Wyndham Hotels & Resorts wasn't on the list.
While Wyndham Hotels & Resorts currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
