Wyndham Hotels & Resorts (NYSE:WH) Price Target Raised to $115.00

Wyndham Hotels & Resorts (NYSE:WH) had its price target lifted by Robert W. Baird from $108.00 to $115.00 in a report published on Tuesday,Benzinga reports. Robert W. Baird currently has an outperform rating on the stock.

Several other research analysts also recently weighed in on the company. Jefferies Financial Group upped their price target on Wyndham Hotels & Resorts from $107.00 to $120.00 and gave the stock a “buy” rating in a research note on Thursday, January 2nd. JPMorgan Chase & Co. increased their price objective on shares of Wyndham Hotels & Resorts from $99.00 to $113.00 and gave the company an “overweight” rating in a report on Friday, December 13th. Stifel Nicolaus lifted their target price on Wyndham Hotels & Resorts from $113.00 to $121.00 and gave the stock a “buy” rating in a report on Thursday, February 13th. Wells Fargo & Company increased their price target on Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the company an “overweight” rating in a research note on Friday, February 14th. Finally, The Goldman Sachs Group upped their price objective on Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the stock a “buy” rating in a report on Tuesday, December 10th. Two investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $113.80.

Wyndham Hotels & Resorts Stock Performance

Shares of WH stock opened at $112.03 on Tuesday. Wyndham Hotels & Resorts has a 52 week low of $67.67 and a 52 week high of $112.34. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 3.72. The company has a 50 day moving average price of $103.98 and a 200-day moving average price of $91.49. The firm has a market capitalization of $8.71 billion, a PE ratio of 30.86, a P/E/G ratio of 2.20 and a beta of 1.29.

Wyndham Hotels & Resorts (NYSE:WH) last posted its earnings results on Wednesday, February 12th. The company reported $1.04 earnings per share 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%. As a group, equities research analysts expect that Wyndham Hotels & Resorts will post 4.85 earnings per share for the current year.

Institutional Investors Weigh In On Wyndham Hotels & Resorts

Several large investors have recently added to or reduced their stakes in the stock. Trust Co. of Vermont lifted its holdings in shares of Wyndham Hotels & Resorts by 434.8% in the 4th quarter. Trust Co. of Vermont now owns 246 shares of the company’s stock worth $25,000 after buying an additional 200 shares during the period. Proficio Capital Partners LLC bought a new stake in shares of Wyndham Hotels & Resorts in the 4th quarter valued at about $28,000. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in shares of Wyndham Hotels & Resorts by 508.7% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 280 shares of the company’s stock valued at $28,000 after purchasing an additional 234 shares in the last quarter. Assetmark Inc. bought a new position in Wyndham Hotels & Resorts in the third quarter worth approximately $30,000. Finally, Nomura Asset Management Co. Ltd. raised its stake in Wyndham Hotels & Resorts by 86.4% in 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 in the last quarter. 93.46% of the stock is owned by hedge funds and other 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 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.