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

Wyndham Hotels & Resorts (NYSE:WH) had its price target lifted by Stifel Nicolaus from $92.00 to $107.00 in a report published on Tuesday morning,Benzinga reports. They currently have a buy rating on the stock.

Other equities analysts have also issued reports about the company. Oppenheimer boosted their price target on Wyndham Hotels & Resorts from $90.00 to $115.00 and gave the company an “outperform” rating in a research note on Tuesday, November 12th. The Goldman Sachs Group assumed coverage on Wyndham Hotels & Resorts in a research report on Wednesday, September 18th. They set a “buy” rating and a $96.00 price objective on the stock. Robert W. Baird raised their target price on Wyndham Hotels & Resorts from $92.00 to $97.00 and gave the stock an “outperform” rating in a research report on Friday, October 25th. StockNews.com raised shares of Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a report on Friday, November 1st. Finally, Truist Financial raised their price objective on shares of Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the stock a “buy” rating in a report on Friday, October 25th. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $100.00.

Wyndham Hotels & Resorts Trading Up 0.6 %

Shares of Wyndham Hotels & Resorts stock opened at $98.18 on Tuesday. Wyndham Hotels & Resorts has a 1 year low of $67.67 and a 1 year high of $99.11. The company’s fifty day simple moving average is $87.37 and its 200-day simple moving average is $78.61. The company has a market cap of $7.64 billion, a price-to-earnings ratio of 31.17, a PEG ratio of 2.48 and a beta of 1.31. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 4.19.

Wyndham Hotels & Resorts (NYSE:WH) last issued its quarterly earnings results on Wednesday, October 23rd. The company reported $1.39 earnings per share for the quarter, beating analysts’ consensus estimates of $1.38 by $0.01. Wyndham Hotels & Resorts had a net margin of 18.29% and a return on equity of 51.79%. The firm had revenue of $396.00 million during the quarter, compared to the consensus estimate of $408.32 million. During the same period in the prior year, the firm earned $1.31 EPS. The business’s revenue was down 1.5% on a year-over-year basis. As a group, sell-side analysts expect that Wyndham Hotels & Resorts will post 4.3 EPS for the current year.

Wyndham Hotels & Resorts Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Stockholders of record on Friday, December 13th will be issued a $0.38 dividend. This represents a $1.52 annualized dividend and a dividend yield of 1.55%. The ex-dividend date of this dividend is Friday, December 13th. Wyndham Hotels & Resorts’s payout ratio is currently 48.25%.

Insiders Place Their Bets

In other Wyndham Hotels & Resorts news, Director Stephen P. Holmes sold 80,000 shares of the business’s stock in a transaction dated Friday, October 25th. The stock was sold at an average price of $91.01, for a total transaction of $7,280,800.00. Following the completion of the sale, the director now directly owns 366,371 shares of the company’s stock, valued at approximately $33,343,424.71. The trade was a 17.92 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Monica Melancon sold 5,040 shares of the company’s stock in a transaction dated Friday, September 6th. The shares were sold at an average price of $77.66, for a total transaction of $391,406.40. Following the transaction, the insider now owns 10,606 shares in the company, valued at approximately $823,661.96. The trade was a 32.21 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 102,890 shares of company stock valued at $9,273,255. 2.79% of the stock is currently owned by corporate insiders.

Institutional Trading of Wyndham Hotels & Resorts

A number of institutional investors have recently bought and sold shares of the business. Price T Rowe Associates Inc. MD boosted its position in shares of Wyndham Hotels & Resorts by 5.3% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 48,920 shares of the company’s stock worth $3,755,000 after purchasing an additional 2,483 shares during the last quarter. Janus Henderson Group PLC lifted its stake in Wyndham Hotels & Resorts by 1,186.0% in the first quarter. Janus Henderson Group PLC now owns 509,441 shares of the company’s stock valued at $39,092,000 after buying an additional 469,827 shares during the period. Tidal Investments LLC acquired a new position in Wyndham Hotels & Resorts in the first quarter valued at about $395,000. Boston Partners boosted its holdings in Wyndham Hotels & Resorts by 15.4% during the first quarter. Boston Partners now owns 3,227,106 shares of the company’s stock worth $247,646,000 after buying an additional 430,053 shares during the last quarter. Finally, GAMMA Investing LLC grew its position in shares of Wyndham Hotels & Resorts by 80.9% during the 2nd quarter. GAMMA Investing LLC now owns 463 shares of the company’s stock worth $34,000 after buying an additional 207 shares during the period. Institutional investors and hedge funds 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.