Brokerages Set Wyndham Hotels & Resorts (NYSE:WH) Target Price at $107.48

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) has been given an average rating of "Moderate Buy" by the twelve analysts that are presently covering the stock, Marketbeat reports. One analyst has rated the stock with a hold recommendation and eleven have assigned a buy recommendation to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $108.40.

Several equities research analysts recently issued reports on WH shares. 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 research note on Tuesday, April 22nd. 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 research note 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 research note on Tuesday, May 6th. 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, Stifel Nicolaus cut their target price on Wyndham Hotels & Resorts from $121.00 to $102.75 and set a "buy" rating for the company in a research note on Thursday, May 1st.

Insiders Place Their Bets

In other Wyndham Hotels & Resorts news, CEO Geoffrey A. Ballotti sold 26,724 shares of the stock in a transaction dated Friday, May 16th. The stock was sold at an average price of $85.77, for a total transaction of $2,292,117.48. Following the completion of the sale, the chief executive officer directly owned 467,394 shares in the company, valued at approximately $40,088,383.38. This trade represents a 5.41% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 2.46% of the stock is owned by insiders.

Hedge Funds Weigh In On Wyndham Hotels & Resorts

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. GAMMA Investing LLC boosted its position in shares of Wyndham Hotels & Resorts by 10.6% during the 2nd quarter. GAMMA Investing LLC now owns 1,530 shares of the company's stock worth $124,000 after purchasing an additional 147 shares in the last quarter. Farther Finance Advisors LLC lifted its position in Wyndham Hotels & Resorts by 108.6% in the 2nd quarter. Farther Finance Advisors LLC now owns 3,813 shares of the company's stock valued at $310,000 after acquiring an additional 1,985 shares in the last quarter. CX Institutional lifted its position in Wyndham Hotels & Resorts by 2.3% in the 2nd quarter. CX Institutional now owns 9,864 shares of the company's stock valued at $801,000 after acquiring an additional 225 shares in the last quarter. Diversified Trust Co bought a new position in Wyndham Hotels & Resorts in the 2nd quarter valued at about $456,000. Finally, Exchange Traded Concepts LLC bought a new position in Wyndham Hotels & Resorts in the 2nd quarter valued at about $1,065,000. Institutional investors own 93.46% of the company's stock.

Wyndham Hotels & Resorts Stock Down 3.1%

Shares of NYSE:WH traded down $2.81 during midday trading on Tuesday, reaching $87.78. The company had a trading volume of 1,653,236 shares, compared to its average volume of 892,942. The business's 50 day moving average price is $83.72 and its 200 day moving average price is $92.10. The stock has a market cap of $6.76 billion, a PE ratio of 20.80, a P/E/G ratio of 1.85 and a beta of 0.98. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 4.29. Wyndham Hotels & Resorts has a 1-year low of $70.08 and a 1-year high of $113.07.

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

Wyndham Hotels & Resorts Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Friday, June 13th were issued a $0.41 dividend. The ex-dividend date was Friday, June 13th. This represents a $1.64 dividend on an annualized basis and a yield of 1.87%. Wyndham Hotels & Resorts's payout ratio is 38.86%.

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.