Wyndham Hotels & Resorts (NYSE:WH) Reaches New 52-Week High – Should You Buy?

Wyndham Hotels & Resorts, Inc. (NYSE:WH) shares hit a new 52-week high on Monday . The company traded as high as $106.33 and last traded at $106.41, with a volume of 125460 shares traded. The stock had previously closed at $105.02.

Analysts Set New Price Targets

WH has been the topic of several recent analyst reports. Barclays upped their price objective on shares of Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the company an “overweight” rating in a research note on Friday, December 13th. StockNews.com upgraded Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a report on Friday, November 1st. Oppenheimer increased their target price 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. JPMorgan Chase & Co. upped their price objective on shares of Wyndham Hotels & Resorts from $99.00 to $113.00 and gave the company an “overweight” rating in a research report on Friday, December 13th. Finally, The Goldman Sachs Group increased their price target on shares of Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the stock a “buy” rating in a research report on Tuesday, December 10th. Two equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat.com, Wyndham Hotels & Resorts presently has a consensus rating of “Moderate Buy” and a consensus target price of $108.10.

Wyndham Hotels & Resorts Price Performance

The stock has a market cap of $8.25 billion, a P/E ratio of 33.67, a price-to-earnings-growth ratio of 2.09 and a beta of 1.29. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 4.19. The company’s fifty day simple moving average is $101.92 and its 200-day simple moving average is $88.88.

Wyndham Hotels & Resorts Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 27th. Investors of record on Friday, December 13th were given a $0.38 dividend. The ex-dividend date was Friday, December 13th. This represents a $1.52 dividend on an annualized basis and a yield of 1.43%. Wyndham Hotels & Resorts’s payout ratio is 48.25%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Creative Planning raised its stake in shares of Wyndham Hotels & Resorts by 4.4% during the 2nd quarter. Creative Planning now owns 11,665 shares of the company’s stock worth $863,000 after purchasing an additional 496 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Wyndham Hotels & Resorts by 11.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 5,225 shares of the company’s stock worth $387,000 after acquiring an additional 557 shares during the period. Cetera Investment Advisers increased its position in Wyndham Hotels & Resorts by 4.4% during the 2nd quarter. Cetera Investment Advisers now owns 13,282 shares of the company’s stock worth $983,000 after buying an additional 558 shares during the period. Sanctuary Advisors LLC acquired a new stake in Wyndham Hotels & Resorts in the 2nd quarter worth about $214,000. Finally, SG Americas Securities LLC grew its position in Wyndham Hotels & Resorts by 80.4% during the third quarter. SG Americas Securities LLC now owns 10,489 shares of the company’s stock worth $820,000 after buying an additional 4,676 shares in the last quarter. Institutional investors and hedge funds own 93.46% of the company’s stock.

About Wyndham Hotels & Resorts

Wyndham Hotels & Resorts, Inc engages in the franchise and operation of hotels under the Wyndham brand. It operates through the following segments: Hotel Franchising, Hotel Management, and Corporate and Other. The Hotel Franchising segment focuses on licensing the company’s lodging brands and providing related services to third-party hotel owners and others.