Wyndham Hotels & Resorts (NYSE:WH) Downgraded to Sell at StockNews.com

StockNews.com lowered shares of Wyndham Hotels & Resorts (NYSE:WH) from a hold rating to a sell rating in a report released on Friday morning.

A number of other research analysts also recently weighed in on the stock. Truist Financial decreased their price objective on shares of Wyndham Hotels & Resorts from $105.00 to $104.00 and set a buy rating for the company in a research report on Friday, July 26th. Barclays upped their price target on Wyndham Hotels & Resorts from $88.00 to $90.00 and gave the stock an overweight rating in a report on Friday, July 26th. Susquehanna started coverage on Wyndham Hotels & Resorts in a report on Friday, June 21st. They issued a neutral rating and a $80.00 price objective on the stock. Finally, Stifel Nicolaus reduced their target price on Wyndham Hotels & Resorts from $91.50 to $89.00 and set a buy rating for the company in a research note on Thursday, July 25th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of Moderate Buy and a consensus price target of $89.43.

Wyndham Hotels & Resorts Stock Up 0.3 %

Wyndham Hotels & Resorts stock opened at $77.66 on Friday. The business’s 50-day moving average price is $75.12 and its 200 day moving average price is $74.03. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 3.83. The firm has a market cap of $6.26 billion, a price-to-earnings ratio of 27.54, a price-to-earnings-growth ratio of 2.68 and a beta of 1.33. Wyndham Hotels & Resorts has a 52 week low of $65.63 and a 52 week high of $81.73.

Wyndham Hotels & Resorts (NYSE:WH) last issued its quarterly earnings data on Wednesday, July 24th. The company reported $1.13 EPS for the quarter, topping analysts’ consensus estimates of $1.03 by $0.10. The business had revenue of $367.00 million for the quarter, compared to analysts’ expectations of $370.58 million. Wyndham Hotels & Resorts had a net margin of 18.28% and a return on equity of 47.05%. The business’s revenue was up 1.4% on a year-over-year basis. During the same quarter last year, the company earned $0.93 EPS. As a group, sell-side analysts anticipate that Wyndham Hotels & Resorts will post 4.27 earnings per share for the current year.

Wyndham Hotels & Resorts Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 27th. Shareholders of record on Friday, September 13th will be issued a dividend of $0.38 per share. The ex-dividend date is Friday, September 13th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.96%. Wyndham Hotels & Resorts’s payout ratio is currently 53.90%.

Insider Activity

In other Wyndham Hotels & Resorts news, CAO Nicola Rossi sold 7,297 shares of Wyndham Hotels & Resorts stock in a transaction on Friday, July 26th. The shares were sold at an average price of $76.70, for a total transaction of $559,679.90. Following the sale, the chief accounting officer now owns 4,107 shares of the company’s stock, valued at approximately $315,006.90. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 2.79% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Janney Capital Management LLC grew its position in shares of Wyndham Hotels & Resorts by 3.1% in the fourth 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 in the last quarter. PFG Investments LLC grew its holdings in Wyndham Hotels & Resorts by 4.4% in the 2nd quarter. PFG Investments LLC now owns 3,667 shares of the company’s stock valued at $271,000 after buying an additional 155 shares in the last quarter. GAMMA Investing LLC grew its holdings in Wyndham Hotels & Resorts by 80.9% in the 2nd quarter. GAMMA Investing LLC now owns 463 shares of the company’s stock valued at $34,000 after buying an additional 207 shares in the last quarter. Private Advisor Group LLC increased its stake in shares of Wyndham Hotels & Resorts by 7.4% in the 4th quarter. Private Advisor Group LLC now owns 3,644 shares of the company’s stock worth $293,000 after acquiring an additional 251 shares during the last quarter. Finally, Oppenheimer & Co. Inc. raised its holdings in shares of Wyndham Hotels & Resorts by 0.9% during the 2nd quarter. Oppenheimer & Co. Inc. now owns 37,401 shares of the company’s stock worth $2,768,000 after acquiring an additional 338 shares during the period. 93.46% of the stock is owned by hedge funds and other institutional investors.

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.