Barclays Increases Wyndham Hotels & Resorts (NYSE:WH) Price Target to $88.00

Wyndham Hotels & Resorts (NYSE:WH - Free Report) had its target price boosted by Barclays from $87.00 to $88.00 in a research report sent to investors on Friday, Benzinga reports. The brokerage currently has an overweight rating on the stock.

Several other equities research analysts have also recently commented on the company. 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. StockNews.com initiated coverage on Wyndham Hotels & Resorts in a research note on Friday, April 19th. They issued a hold rating for the company. One analyst has rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of Moderate Buy and a consensus target price of $88.43.

Wyndham Hotels & Resorts Stock Performance

Shares of NYSE:WH traded down $1.57 during trading on Friday, hitting $73.79. The stock had a trading volume of 1,165,810 shares, compared to its average volume of 687,670. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 2.90. Wyndham Hotels & Resorts has a 12-month low of $63.69 and a 12-month high of $81.73. The stock has a market capitalization of $5.98 billion, a price-to-earnings ratio of 26.17, a price-to-earnings-growth ratio of 2.99 and a beta of 1.35. The stock has a 50-day simple moving average of $75.51 and a two-hundred day simple moving average of $76.66.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last released its quarterly earnings data on Wednesday, April 24th. The company reported $0.78 earnings per share for the quarter, topping analysts' consensus estimates of $0.75 by $0.03. The firm had revenue of $305.00 million for the quarter, compared to analyst estimates of $308.24 million. Wyndham Hotels & Resorts had a net margin of 17.19% and a return on equity of 39.89%. The business's quarterly revenue was down 2.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.86 earnings per share. On average, equities research analysts expect that Wyndham Hotels & Resorts will post 4.19 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Friday, March 15th were given a $0.38 dividend. This represents a $1.52 annualized dividend and a yield of 2.06%. The ex-dividend date was Thursday, March 14th. This is a boost from Wyndham Hotels & Resorts's previous quarterly dividend of $0.35. Wyndham Hotels & Resorts's dividend payout ratio (DPR) is currently 53.90%.

Insider Activity at Wyndham Hotels & Resorts

In other Wyndham Hotels & Resorts news, CAO Nicola Rossi sold 3,200 shares of the business's stock in a transaction that occurred on Tuesday, March 12th. The shares were sold at an average price of $79.00, for a total transaction of $252,800.00. Following the completion of 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 at this hyperlink. 2.79% of the stock is currently owned by company insiders.

Institutional Trading of Wyndham Hotels & Resorts

Several institutional investors have recently modified their holdings of WH. WINTON GROUP Ltd lifted its stake in Wyndham Hotels & Resorts by 2.3% in the third quarter. WINTON GROUP Ltd now owns 6,517 shares of the company's stock valued at $453,000 after buying an additional 144 shares during the last quarter. Janney Capital Management LLC raised its position in Wyndham Hotels & Resorts by 3.1% in the 4th quarter. Janney Capital Management LLC now owns 4,887 shares of the company's stock valued at $393,000 after purchasing an additional 145 shares during the last quarter. Tributary Capital Management LLC boosted its stake 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 worth $619,000 after purchasing an additional 146 shares during the period. Patriot Financial Group Insurance Agency LLC grew its position 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 worth $260,000 after purchasing an additional 147 shares during the last quarter. Finally, Allworth Financial LP increased its stake in Wyndham Hotels & Resorts by 62.6% in the fourth quarter. Allworth Financial LP now owns 395 shares of the company's stock valued at $32,000 after purchasing an additional 152 shares during the period. Hedge funds and other 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.