Barclays Issues Positive Forecast for Wyndham Hotels & Resorts (NYSE:WH) Stock Price

Wyndham Hotels & Resorts (NYSE:WH) had its price objective upped by Barclays from $116.00 to $121.00 in a report published on Friday morning,Benzinga reports. They currently have an overweight rating on the stock.

A number of other equities analysts have also weighed in on WH. JPMorgan Chase & Co. lifted their price objective on Wyndham Hotels & Resorts from $99.00 to $113.00 and gave the company an “overweight” rating in a research note on Friday, December 13th. Truist Financial boosted their price target on Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the company a “buy” rating in a report on Friday, October 25th. Oppenheimer raised their price objective on shares of Wyndham Hotels & Resorts from $90.00 to $115.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 12th. Wells Fargo & Company upgraded shares of Wyndham Hotels & Resorts from an “equal weight” rating to an “overweight” rating and boosted their target price for the company from $103.00 to $114.00 in a research note on Friday, January 10th. Finally, Stifel Nicolaus raised their price target on shares of Wyndham Hotels & Resorts from $113.00 to $121.00 and gave the company a “buy” rating in a research report on Thursday. Two investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $110.30.

Wyndham Hotels & Resorts Trading Up 2.0 %

Wyndham Hotels & Resorts stock opened at $109.47 on Friday. The stock has a 50-day moving average price of $103.29 and a 200 day moving average price of $90.51. The company has a market capitalization of $8.52 billion, a price-to-earnings ratio of 34.75, a price-to-earnings-growth ratio of 2.14 and a beta of 1.29. Wyndham Hotels & Resorts has a 52 week low of $67.67 and a 52 week high of $110.94. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 4.19.

Wyndham Hotels & Resorts (NYSE:WH) last released its quarterly earnings data on Wednesday, February 12th. The company reported $1.04 EPS for the quarter, beating 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%. Sell-side analysts anticipate that Wyndham Hotels & Resorts will post 4.3 EPS for the current year.

Wyndham Hotels & Resorts Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, December 27th. Shareholders of record on Friday, December 13th were issued a dividend of $0.38 per share. The ex-dividend date of this dividend was Friday, December 13th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.39%. Wyndham Hotels & Resorts’s payout ratio is currently 48.25%.

Institutional Trading of Wyndham Hotels & Resorts

A number of institutional investors have recently made changes to their positions in WH. Boston Partners boosted its stake in Wyndham Hotels & Resorts by 5.3% during the 4th quarter. Boston Partners now owns 3,853,527 shares of the company’s stock worth $388,462,000 after purchasing an additional 192,221 shares during the last quarter. Thrivent Financial for Lutherans boosted its position in Wyndham Hotels & Resorts by 3.6% during the fourth quarter. Thrivent Financial for Lutherans now owns 1,810,301 shares of the company’s stock worth $182,460,000 after acquiring an additional 63,006 shares during the last quarter. T. Rowe Price Investment Management Inc. grew its stake in Wyndham Hotels & Resorts by 6.1% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 1,419,168 shares of the company’s stock valued at $143,038,000 after acquiring an additional 81,730 shares in the last quarter. Bessemer Group Inc. grew 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 valued at $134,414,000 after acquiring an additional 1,328,292 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in Wyndham Hotels & Resorts by 2.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,309,177 shares of the company’s stock valued at $131,952,000 after acquiring an additional 29,220 shares during the last quarter. 93.46% of the stock is owned by institutional investors and hedge funds.

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.