Wyndham Hotels & Resorts (NYSE:WH) Receives $108.48 Consensus Target Price from Analysts

Shares of Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) have earned an average recommendation of "Moderate Buy" from the twelve analysts that are presently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a hold recommendation and eleven have given a buy recommendation to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $107.48.

A number of research analysts have recently commented on WH shares. Truist Financial cut their price target on Wyndham Hotels & Resorts from $122.00 to $119.00 and set a "buy" rating for the company in a report on Friday, March 21st. Robert W. Baird cut their price target on Wyndham Hotels & Resorts from $107.00 to $99.00 and set an "outperform" rating for the company in a report on Tuesday, May 6th. Barclays cut their price target on Wyndham Hotels & Resorts from $121.00 to $100.00 and set an "overweight" rating for the company in a report on Tuesday, April 22nd. Redburn Atlantic upgraded Wyndham Hotels & Resorts from a "neutral" rating to a "buy" rating and set a $115.00 target price for the company in a research note on Monday, March 24th. Finally, Morgan Stanley cut their target price on Wyndham Hotels & Resorts from $102.00 to $94.00 and set an "overweight" rating for the company in a research note on Tuesday, April 22nd.

Insider Buying and Selling at Wyndham Hotels & Resorts

In other Wyndham Hotels & Resorts news, CEO Geoffrey A. Ballotti sold 26,650 shares of the stock in a transaction dated Thursday, May 15th. The stock was sold at an average price of $86.56, for a total value of $2,306,824.00. Following the transaction, the chief executive officer now owns 461,376 shares of the company's stock, valued at approximately $39,936,706.56. This represents a 5.46% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 2.46% of the company's stock.

Institutional Investors Weigh In On Wyndham Hotels & Resorts

A number of hedge funds have recently modified their holdings of WH. Proficio Capital Partners LLC acquired a new stake in Wyndham Hotels & Resorts in the 4th quarter valued at approximately $28,000. Mitsubishi UFJ Asset Management Co. Ltd. raised its position in Wyndham Hotels & Resorts by 508.7% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 280 shares of the company's stock valued at $28,000 after buying an additional 234 shares during the last quarter. Elequin Capital LP acquired a new stake in Wyndham Hotels & Resorts in the 1st quarter valued at approximately $29,000. Geneos Wealth Management Inc. raised its position in Wyndham Hotels & Resorts by 49.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 376 shares of the company's stock valued at $34,000 after buying an additional 124 shares during the last quarter. Finally, Smartleaf Asset Management LLC raised its position in Wyndham Hotels & Resorts by 46.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 343 shares of the company's stock valued at $35,000 after buying an additional 108 shares during the last quarter. Institutional investors and hedge funds own 93.46% of the company's stock.

Wyndham Hotels & Resorts Stock Down 0.1%

Shares of NYSE WH traded down $0.09 during trading hours on Friday, hitting $79.24. The stock had a trading volume of 970,555 shares, compared to its average volume of 857,616. The company has a market capitalization of $6.10 billion, a P/E ratio of 18.78, a P/E/G ratio of 1.61 and a beta of 1.00. The firm's 50-day moving average price is $83.65 and its two-hundred day moving average price is $93.87. Wyndham Hotels & Resorts has a 52 week low of $70.08 and a 52 week high of $113.07. The company has a debt-to-equity ratio of 4.29, a quick ratio of 0.96 and a current ratio of 0.96.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The company reported $0.86 EPS for the quarter, beating the consensus estimate of $0.82 by $0.04. The business had revenue of $316.00 million during the quarter, compared to analysts' expectations of $320.10 million. Wyndham Hotels & Resorts had a return on equity of 57.49% and a net margin of 23.52%. The firm's quarterly revenue was up 3.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.78 EPS. Analysts anticipate that Wyndham Hotels & Resorts will post 4.79 EPS for the current fiscal year.

Wyndham Hotels & Resorts Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be issued a $0.41 dividend. This represents a $1.64 annualized dividend and a yield of 2.07%. The ex-dividend date is Friday, June 13th. Wyndham Hotels & Resorts's dividend payout ratio is 38.86%.

About Wyndham Hotels & Resorts

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.