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

StockNews.com assumed coverage on shares of Wyndham Hotels & Resorts (NYSE:WH) in a research note published on Saturday morning. The brokerage issued a hold rating on the stock.

WH has been the topic of a number of other reports. Barclays upped their price objective on Wyndham Hotels & Resorts from $87.00 to $88.00 and gave the company an overweight rating in a research report on Friday, April 26th. Robert W. Baird increased their price target on Wyndham Hotels & Resorts from $86.00 to $88.00 and gave the company an outperform rating in a report on Friday, April 26th. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of Moderate Buy and an average price target of $88.17.

Wyndham Hotels & Resorts Stock Down 1.1 %

NYSE WH opened at $73.49 on Friday. The stock has a 50 day moving average price of $75.32 and a 200-day moving average price of $76.86. Wyndham Hotels & Resorts has a one year low of $63.69 and a one year high of $81.73. The company has a market capitalization of $5.92 billion, a P/E ratio of 26.27, a P/E/G ratio of 3.05 and a beta of 1.35. The company has a debt-to-equity ratio of 3.27, a quick ratio of 0.70 and a current ratio of 0.70.

Wyndham Hotels & Resorts (NYSE:WH) last released its quarterly earnings data on Wednesday, April 24th. The company reported $0.78 EPS for the quarter, beating the consensus estimate of $0.75 by $0.03. Wyndham Hotels & Resorts had a net margin of 17.19% and a return on equity of 41.83%. The business had revenue of $305.00 million during the quarter, compared to analyst estimates of $308.24 million. During the same quarter last year, the business earned $0.86 earnings per share. Wyndham Hotels & Resorts’s quarterly revenue was down 2.6% compared to the same quarter last year. As a group, equities analysts predict that Wyndham Hotels & Resorts will post 4.23 EPS for the current fiscal year.

Wyndham Hotels & Resorts Increases Dividend

The firm also recently disclosed 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. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $1.52 dividend on an annualized basis and a yield of 2.07%. This is a boost from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.35. Wyndham Hotels & Resorts’s payout ratio is presently 53.90%.

Insider Buying and Selling at Wyndham Hotels & Resorts

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of WH. Allworth Financial LP grew its holdings in Wyndham Hotels & Resorts by 62.6% during the 4th quarter. Allworth Financial LP now owns 395 shares of the company’s stock worth $32,000 after acquiring an additional 152 shares in the last quarter. Systematic Alpha Investments LLC purchased a new stake in shares of Wyndham Hotels & Resorts in the 3rd quarter worth approximately $37,000. Chilton Capital Management LLC bought a new position in shares of Wyndham Hotels & Resorts during the fourth quarter valued at approximately $47,000. Covestor Ltd increased its holdings in Wyndham Hotels & Resorts by 68.3% during the third quarter. Covestor Ltd now owns 813 shares of the company’s stock valued at $57,000 after buying an additional 330 shares during the period. Finally, TFO Wealth Partners LLC raised its stake in Wyndham Hotels & Resorts by 41,100.0% in the fourth quarter. TFO Wealth Partners LLC now owns 824 shares of the company’s stock worth $66,000 after buying an additional 822 shares in the last quarter. Institutional investors own 93.46% of the company’s stock.

Wyndham Hotels & Resorts Company Profile

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.