Brokerages Set Wyndham Hotels & Resorts (NYSE:WH) Price Target at $93.58

Shares of Wyndham Hotels & Resorts (NYSE:WH) have been assigned an average rating of “Moderate Buy” from the fourteen brokerages that are presently covering the stock, MarketBeat.com reports. Five research analysts have rated the stock with a hold recommendation and nine have assigned a buy recommendation to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $92.8333.

A number of equities analysts have commented on WH shares. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $76.00 target price (down from $88.00) on shares of Wyndham Hotels & Resorts in a research note on Monday, December 15th. Zacks Research raised shares of Wyndham Hotels & Resorts from a “strong sell” rating to a “hold” rating in a research report on Monday, January 5th. Mizuho set a $97.00 price objective on Wyndham Hotels & Resorts and gave the company an “outperform” rating in a report on Tuesday, January 13th. Wells Fargo & Company assumed coverage on Wyndham Hotels & Resorts in a research note on Tuesday, November 18th. They set an “equal weight” rating and a $82.00 target price for the company. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Wyndham Hotels & Resorts in a research report on Monday, December 29th.

Wyndham Hotels & Resorts Stock Performance

Shares of Wyndham Hotels & Resorts stock opened at $77.32 on Friday. The company has a debt-to-equity ratio of 4.43, a quick ratio of 1.16 and a current ratio of 1.16. The business’s 50 day moving average price is $76.47 and its 200 day moving average price is $79.47. The company has a market cap of $5.84 billion, a price-to-earnings ratio of 17.77, a PEG ratio of 2.09 and a beta of 0.76. Wyndham Hotels & Resorts has a one year low of $69.21 and a one year high of $113.07.

Wyndham Hotels & Resorts Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 30th. Shareholders of record on Monday, December 15th were given a $0.41 dividend. The ex-dividend date of this dividend was Monday, December 15th. This represents a $1.64 dividend on an annualized basis and a yield of 2.1%. Wyndham Hotels & Resorts’s dividend payout ratio is presently 37.70%.

Insider Buying and Selling at Wyndham Hotels & Resorts

In other Wyndham Hotels & Resorts news, General Counsel Paul F. Cash sold 36,379 shares of the business’s stock in a transaction that occurred on Friday, November 14th. The stock was sold at an average price of $71.66, for a total value of $2,606,919.14. Following the sale, the general counsel owned 39,123 shares of the company’s stock, valued at $2,803,554.18. The trade was a 48.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Geoffrey A. Ballotti sold 55,124 shares of the company’s stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $79.27, for a total value of $4,369,679.48. Following the transaction, the chief executive officer owned 490,028 shares in the company, valued at $38,844,519.56. This trade represents a 10.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 120,606 shares of company stock worth $9,047,218 over the last three months. Insiders own 2.46% of the company’s stock.

Hedge Funds Weigh In On Wyndham Hotels & Resorts

Several hedge funds have recently bought and sold shares of WH. Boston Partners increased its stake in Wyndham Hotels & Resorts by 9.1% during the second quarter. Boston Partners now owns 3,130,373 shares of the company’s stock worth $254,449,000 after purchasing an additional 261,530 shares during the period. Burgundy Asset Management Ltd. grew its holdings in shares of Wyndham Hotels & Resorts by 4.1% in the second quarter. Burgundy Asset Management Ltd. now owns 2,465,968 shares of the company’s stock valued at $200,261,000 after purchasing an additional 96,507 shares in the last quarter. Champlain Investment Partners LLC grew its holdings in shares of Wyndham Hotels & Resorts by 352.8% in the third quarter. Champlain Investment Partners LLC now owns 2,212,717 shares of the company’s stock valued at $176,796,000 after purchasing an additional 1,724,091 shares in the last quarter. Capital International Investors increased its stake in Wyndham Hotels & Resorts by 77.1% during the 3rd quarter. Capital International Investors now owns 1,755,465 shares of the company’s stock worth $140,262,000 after buying an additional 764,312 shares during the period. Finally, Thrivent Financial for Lutherans lifted its holdings in Wyndham Hotels & Resorts by 9.3% during the 3rd quarter. Thrivent Financial for Lutherans now owns 1,657,402 shares of the company’s stock worth $132,427,000 after buying an additional 140,978 shares in the last quarter. Institutional investors and hedge funds own 93.46% of the company’s stock.

Wyndham Hotels & Resorts Company Profile

Wyndham Hotels & Resorts, Inc (NYSE: WH) is a leading global hospitality company specializing in hotel franchising and management. Established in 2018 through the spin-off of Wyndham Hotel Group from Wyndham Worldwide, the company focuses on the development, marketing and distribution of hotel brands designed to meet the needs of business and leisure travelers. Its core business model centers on franchising agreements, enabling third-party hotel owners to operate under the Wyndham portfolio while accessing the company’s centralized services and support.

The company’s brand portfolio spans economy, midscale and upper-midscale segments, featuring well-known names such as Wyndham, Ramada, Days Inn, Super 8, Microtel Inn & Suites, and La Quinta by Wyndham.