Brokerages Set Wyndham Hotels & Resorts, Inc. (NYSE:WH) Target Price at $87.14

Wyndham Hotels & Resorts, Inc. (NYSE:WHGet Free Report) has received a consensus recommendation of “Buy” from the six ratings firms that are presently covering the company, MarketBeat Ratings reports. Six investment analysts have rated the stock with a buy recommendation. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $87.14.

Separately, started coverage on Wyndham Hotels & Resorts in a report on Wednesday. They issued a “hold” rating for the company.

Get Our Latest Stock Analysis on WH

Wyndham Hotels & Resorts Stock Performance

Shares of WH opened at $74.09 on Wednesday. The firm has a fifty day moving average of $77.86 and a 200-day moving average of $76.52. The company has a market cap of $6.00 billion, a price-to-earnings ratio of 21.79, a price-to-earnings-growth ratio of 3.49 and a beta of 1.35. The company has a debt-to-equity ratio of 2.90, a quick ratio of 0.81 and a current ratio of 0.81. Wyndham Hotels & Resorts has a 1 year low of $63.69 and a 1 year high of $81.73.

Wyndham Hotels & Resorts (NYSE:WHGet Free Report) last posted its earnings results on Wednesday, February 14th. The company reported $0.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.90 by $0.01. Wyndham Hotels & Resorts had a net margin of 20.74% and a return on equity of 39.91%. The firm had revenue of $321.00 million during the quarter, compared to analyst estimates of $321.35 million. During the same period in the previous year, the business posted $0.72 EPS. Wyndham Hotels & Resorts’s revenue was down 3.9% on a year-over-year basis. As a group, equities analysts anticipate that Wyndham Hotels & Resorts will post 4.22 earnings per share for the current year.

Wyndham Hotels & Resorts Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 15th were issued a dividend of $0.38 per share. This is a boost from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.35. The ex-dividend date was Thursday, March 14th. This represents a $1.52 annualized dividend and a yield of 2.05%. Wyndham Hotels & Resorts’s payout ratio is presently 44.71%.

Insiders Place Their Bets

In other news, CAO Nicola Rossi sold 3,200 shares of the company’s stock in a transaction on Tuesday, March 12th. The stock was sold at an average price of $79.00, for a total value of $252,800.00. Following the completion of the sale, the chief accounting officer now owns 11,404 shares in the company, valued at $900,916. The sale was disclosed in a legal filing with the SEC, which is available at this link. 2.79% of the stock is currently owned by insiders.

Institutional Trading of Wyndham Hotels & Resorts

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Kapitalo Investimentos Ltda acquired a new position in Wyndham Hotels & Resorts in the fourth quarter worth approximately $150,000. Nomura Holdings Inc. acquired a new stake in shares of Wyndham Hotels & Resorts during the 4th quarter valued at $329,000. Quadrature Capital Ltd acquired a new stake in shares of Wyndham Hotels & Resorts during the 4th quarter valued at $314,000. Wellington Management Group LLP boosted its stake in shares of Wyndham Hotels & Resorts by 10.9% during the 4th quarter. Wellington Management Group LLP now owns 5,545,099 shares of the company’s stock worth $445,881,000 after acquiring an additional 543,488 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its holdings in shares of Wyndham Hotels & Resorts by 41.1% in the 4th quarter. Goldman Sachs Group Inc. now owns 899,282 shares of the company’s stock worth $72,311,000 after acquiring an additional 262,031 shares during the last quarter. 93.46% of the stock is currently owned by institutional investors.

About Wyndham Hotels & Resorts

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Wyndham Hotels & Resorts, Inc operates as a hotel franchisor in the United States and internationally. It operates through Hotel Franchising and Hotel Management segments. The Hotel Franchising segment licenses its lodging brands and provides related services to third-party hotel owners and others.

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Analyst Recommendations for Wyndham Hotels & Resorts (NYSE:WH)

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