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

Wyndham Hotels & Resorts (NYSE:WH - Free Report) had its price objective decreased by Barclays from $121.00 to $100.00 in a research report sent to investors on Tuesday morning,Benzinga reports. Barclays currently has an overweight rating on the stock.

WH has been the topic of several other research reports. Stifel Nicolaus upped their price target on Wyndham Hotels & Resorts from $113.00 to $121.00 and gave the company a "buy" rating in a research note on Thursday, February 13th. Wells Fargo & Company increased their target price on shares of Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the stock an "overweight" rating in a research note on Friday, February 14th. Truist Financial dropped their price target on shares of Wyndham Hotels & Resorts from $122.00 to $119.00 and set a "buy" rating for the company in a research report on Friday, March 21st. Morgan Stanley decreased their price objective on shares of Wyndham Hotels & Resorts from $102.00 to $94.00 and set an "overweight" rating on the stock in a report on Tuesday, April 22nd. Finally, The Goldman Sachs Group dropped their target price on shares of Wyndham Hotels & Resorts from $124.00 to $108.00 and set a "buy" rating for the company in a report on Monday, April 14th. Two analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat.com, Wyndham Hotels & Resorts currently has a consensus rating of "Moderate Buy" and a consensus target price of $111.33.

Wyndham Hotels & Resorts Trading Up 0.4 %

Shares of WH traded up $0.30 during mid-day trading on Tuesday, reaching $85.21. The stock had a trading volume of 565,744 shares, compared to its average volume of 827,028. Wyndham Hotels & Resorts has a 52-week low of $67.67 and a 52-week high of $113.07. The firm has a market cap of $6.60 billion, a price-to-earnings ratio of 23.47, a P/E/G ratio of 1.87 and a beta of 1.11. The business's fifty day moving average is $91.93 and its 200 day moving average is $96.14. The company has a debt-to-equity ratio of 3.72, a current ratio of 1.00 and a quick ratio of 1.00.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last posted its earnings results on Wednesday, February 12th. The company reported $1.04 earnings per share for the quarter, beating the consensus estimate of $1.00 by $0.04. Wyndham Hotels & Resorts had a net margin of 20.51% and a return on equity of 54.86%. On average, sell-side analysts predict that Wyndham Hotels & Resorts will post 4.79 EPS for the current fiscal year.

Wyndham Hotels & Resorts Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 17th were issued a $0.41 dividend. The ex-dividend date was Monday, March 17th. This is a positive change from Wyndham Hotels & Resorts's previous quarterly dividend of $0.38. This represents a $1.64 dividend on an annualized basis and a yield of 1.92%. Wyndham Hotels & Resorts's dividend payout ratio (DPR) is 45.18%.

Institutional Investors Weigh In On Wyndham Hotels & Resorts

Several large investors have recently bought and sold shares of WH. Bessemer Group Inc. lifted its stake in Wyndham Hotels & Resorts by 24,953.8% in the fourth 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 last quarter. Norges Bank acquired a new stake in shares of Wyndham Hotels & Resorts during the 4th quarter worth about $104,774,000. JPMorgan Chase & Co. boosted its holdings in Wyndham Hotels & Resorts by 404.8% in the fourth quarter. JPMorgan Chase & Co. now owns 1,213,027 shares of the company's stock valued at $122,261,000 after purchasing an additional 972,708 shares in the last quarter. Freestone Grove Partners LP purchased a new position in Wyndham Hotels & Resorts in the fourth quarter valued at approximately $54,738,000. Finally, Interval Partners LP acquired a new position in Wyndham Hotels & Resorts in the fourth quarter valued at $31,991,000. Hedge funds and other institutional investors own 93.46% of the company's stock.

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 Hotel Franchising and Hotel Management segments. The Hotel Franchising segment focuses on licensing the company's lodging brands and providing related services to third-party hotel owners and others.