Wyndham Hotels & Resorts (NYSE:WH) Price Target Raised to $121.00 at Barclays

Wyndham Hotels & Resorts (NYSE:WH - Free Report) had its price objective increased by Barclays from $116.00 to $121.00 in a research note released on Friday morning,Benzinga reports. They currently have an overweight rating on the stock.

WH has been the topic of several other reports. Stifel Nicolaus increased their price target on shares of Wyndham Hotels & Resorts from $113.00 to $121.00 and gave the company a "buy" rating in a research report on Thursday, February 13th. Wells Fargo & Company upgraded Wyndham Hotels & Resorts from an "equal weight" rating to an "overweight" rating and increased their target price for the company from $103.00 to $114.00 in a report on Friday, January 10th. JPMorgan Chase & Co. boosted their price target on Wyndham Hotels & Resorts from $99.00 to $113.00 and gave the stock an "overweight" rating in a report on Friday, December 13th. StockNews.com upgraded Wyndham Hotels & Resorts from a "sell" rating to a "hold" rating in a research report on Friday, November 1st. Finally, Truist Financial lifted their price objective on Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the stock a "buy" rating in a research report on Friday, October 25th. Two research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $112.10.

Wyndham Hotels & Resorts Price Performance

WH stock traded up $2.16 during midday trading on Friday, hitting $111.48. 833,265 shares of the stock were exchanged, compared to its average volume of 771,002. The stock's 50-day moving average price is $103.66 and its 200-day moving average price is $91.20. 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 has a market cap of $8.67 billion, a price-to-earnings ratio of 35.39, a PEG ratio of 2.14 and a beta of 1.29. Wyndham Hotels & Resorts has a fifty-two week low of $67.67 and a fifty-two week high of $112.16.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last released its quarterly earnings results on Wednesday, February 12th. The company reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.00 by $0.04. Wyndham Hotels & Resorts had a return on equity of 51.79% and a net margin of 18.29%. Research analysts predict that Wyndham Hotels & Resorts will post 4.3 earnings per share for the current year.

Wyndham Hotels & Resorts Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, December 27th. Stockholders of record on Friday, December 13th were paid a $0.38 dividend. The ex-dividend date was Friday, December 13th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.36%. Wyndham Hotels & Resorts's dividend payout ratio (DPR) is currently 48.25%.

Institutional Trading of Wyndham Hotels & Resorts

Several large investors have recently bought and sold shares of WH. Boston Partners increased its position in shares of Wyndham Hotels & Resorts by 5.3% during the fourth quarter. Boston Partners now owns 3,853,527 shares of the company's stock worth $388,462,000 after acquiring an additional 192,221 shares during the last quarter. Burgundy Asset Management Ltd. grew its stake in Wyndham Hotels & Resorts by 1.7% during the 4th quarter. Burgundy Asset Management Ltd. now owns 2,301,289 shares of the company's stock valued at $231,947,000 after purchasing an additional 37,832 shares in the last quarter. Thrivent Financial for Lutherans increased its holdings in Wyndham Hotels & Resorts by 3.6% during the 4th quarter. Thrivent Financial for Lutherans now owns 1,810,301 shares of the company's stock worth $182,460,000 after purchasing an additional 63,006 shares during the last quarter. T. Rowe Price Investment Management Inc. raised its position in shares of Wyndham Hotels & Resorts by 6.1% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 1,419,168 shares of the company's stock valued at $143,038,000 after purchasing an additional 81,730 shares in the last quarter. Finally, Bessemer Group Inc. raised its position in shares of Wyndham Hotels & Resorts by 24,953.8% in the 4th quarter. Bessemer Group Inc. now owns 1,333,615 shares of the company's stock valued at $134,414,000 after purchasing an additional 1,328,292 shares in the last quarter. Institutional investors and hedge funds own 93.46% of the company's stock.

Wyndham Hotels & Resorts Company Profile

Wyndham Hotels & Resorts, Inc engages in the franchise and operation of hotels under the Wyndham brand. It operates through the following segments: Hotel Franchising, Hotel Management, and Corporate and Other. The Hotel Franchising segment focuses on licensing the company's lodging brands and providing related services to third-party hotel owners and others.