Wyndham Hotels & Resorts (NYSE:WH) Now Covered by Analysts at StockNews.com

Equities researchers at StockNews.com started coverage on shares of Wyndham Hotels & Resorts (NYSE:WH) in a research note issued on Tuesday. The brokerage set a “hold” rating on the stock.

Wyndham Hotels & Resorts Stock Performance

Shares of Wyndham Hotels & Resorts stock opened at $76.69 on Tuesday. The stock has a market cap of $6.21 billion, a price-to-earnings ratio of 22.56, a PEG ratio of 3.45 and a beta of 1.35. The firm’s 50-day moving average is $78.16 and its 200 day moving average is $76.49. Wyndham Hotels & Resorts has a 1 year low of $63.69 and a 1 year high of $81.73. The company has a debt-to-equity ratio of 2.90, a current ratio of 0.81 and a quick ratio of 0.81.

Wyndham Hotels & Resorts (NYSE:WH) last posted its earnings results on Wednesday, February 14th. The company reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.90 by $0.01. The business had revenue of $321.00 million for the quarter, compared to analysts’ expectations of $321.35 million. Wyndham Hotels & Resorts had a net margin of 20.74% and a return on equity of 39.91%. The business’s revenue for the quarter was down 3.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.72 EPS. Sell-side analysts anticipate that Wyndham Hotels & Resorts will post 4.22 EPS for the current fiscal year.

Insider Buying and Selling at Wyndham Hotels & Resorts

In other Wyndham Hotels & Resorts news, CAO Nicola Rossi sold 3,200 shares of the company’s stock in a transaction dated Tuesday, March 12th. The shares were sold at an average price of $79.00, for a total transaction of $252,800.00. Following the transaction, the chief accounting officer now owns 11,404 shares in the company, valued at approximately $900,916. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 2.79% of the company’s stock.

Hedge Funds Weigh In On Wyndham Hotels & Resorts

Several hedge funds and other institutional investors have recently bought and sold shares of WH. Wetherby Asset Management Inc. increased its position in shares of Wyndham Hotels & Resorts by 5.9% during the 1st quarter. Wetherby Asset Management Inc. now owns 2,423 shares of the company’s stock valued at $205,000 after purchasing an additional 134 shares during the last quarter. WINTON GROUP Ltd increased its holdings in Wyndham Hotels & Resorts by 2.3% in the 3rd quarter. WINTON GROUP Ltd now owns 6,517 shares of the company’s stock worth $453,000 after acquiring an additional 144 shares in the last quarter. Janney Capital Management LLC grew its holdings in Wyndham Hotels & Resorts by 3.1% during the 4th quarter. Janney Capital Management LLC now owns 4,887 shares of the company’s stock valued at $393,000 after buying an additional 145 shares in the last quarter. Tributary Capital Management LLC grew its holdings in Wyndham Hotels & Resorts by 1.9% during the 4th quarter. Tributary Capital Management LLC now owns 7,700 shares of the company’s stock valued at $619,000 after buying an additional 146 shares in the last quarter. Finally, Patriot Financial Group Insurance Agency LLC grew its holdings in Wyndham Hotels & Resorts by 4.1% during the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 3,739 shares of the company’s stock valued at $260,000 after buying an additional 147 shares in the last quarter. Institutional investors own 93.46% of the company’s stock.

About Wyndham Hotels & Resorts

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.