Wyndham Hotels & Resorts (NYSE:WH) Price Target Raised to $116.00 at Wells Fargo & Company

Wyndham Hotels & Resorts (NYSE:WH) had its price objective lifted by stock analysts at Wells Fargo & Company from $114.00 to $116.00 in a research report issued on Friday,Benzinga reports. The firm presently has an “overweight” rating on the stock. Wells Fargo & Company‘s price target would suggest a potential upside of 5.65% from the company’s current price.

WH has been the subject of a number of other research reports. Oppenheimer lifted their price target on shares of Wyndham Hotels & Resorts from $90.00 to $115.00 and gave the company an “outperform” rating in a report on Tuesday, November 12th. Barclays lifted their target price on shares of Wyndham Hotels & Resorts from $116.00 to $121.00 and gave the company an “overweight” rating in a research note on Friday. Jefferies Financial Group increased their price target on shares of Wyndham Hotels & Resorts from $107.00 to $120.00 and gave the stock a “buy” rating in a research note on Thursday, January 2nd. StockNews.com upgraded shares of Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a report on Friday, November 1st. Finally, Truist Financial upped their target price on Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the stock a “buy” rating in a report on Friday, October 25th. Two research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $110.30.

Wyndham Hotels & Resorts Trading Up 2.3 %

NYSE WH traded up $2.47 during trading on Friday, hitting $109.79. 469,644 shares of the company’s stock traded hands, compared to its average volume of 742,075. The stock has a fifty day moving average of $103.14 and a two-hundred day moving average of $90.29. Wyndham Hotels & Resorts has a 12-month low of $67.67 and a 12-month high of $110.94. The firm has a market cap of $8.54 billion, a P/E ratio of 34.85, a PEG ratio of 2.14 and a beta of 1.29. The company has a debt-to-equity ratio of 4.19, a current ratio of 0.97 and a quick ratio of 0.97.

Wyndham Hotels & Resorts (NYSE:WH) last issued its earnings results on Wednesday, February 12th. The company reported $1.04 EPS for the quarter, topping the consensus estimate of $1.00 by $0.04. Wyndham Hotels & Resorts had a net margin of 18.29% and a return on equity of 51.79%. As a group, sell-side analysts expect that Wyndham Hotels & Resorts will post 4.3 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Bessemer Group Inc. raised its stake in Wyndham Hotels & Resorts by 24,953.8% during the 4th quarter. Bessemer Group Inc. now owns 1,333,615 shares of the company’s stock worth $134,414,000 after acquiring an additional 1,328,292 shares during the period. Norges Bank bought a new stake in shares of Wyndham Hotels & Resorts during the 4th quarter valued at $104,774,000. JPMorgan Chase & Co. lifted its stake in shares of Wyndham Hotels & Resorts by 404.8% during the 4th quarter. JPMorgan Chase & Co. now owns 1,213,027 shares of the company’s stock valued at $122,261,000 after buying an additional 972,708 shares in the last quarter. Thrivent Financial for Lutherans boosted its holdings in Wyndham Hotels & Resorts by 40.8% in the 3rd quarter. Thrivent Financial for Lutherans now owns 1,747,295 shares of the company’s stock worth $136,533,000 after buying an additional 506,593 shares during the period. Finally, TimesSquare Capital Management LLC boosted its holdings in Wyndham Hotels & Resorts by 284,590.0% in the 3rd quarter. TimesSquare Capital Management LLC now owns 284,690 shares of the company’s stock worth $22,246,000 after buying an additional 284,590 shares during the period. 93.46% of the stock is currently owned by institutional investors.

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.