Wyndham Hotels & Resorts (NYSE:WH) Earns Hold Rating from Analysts at StockNews.com

StockNews.com assumed coverage on shares of Wyndham Hotels & Resorts (NYSE:WH) in a research note published on Friday. The firm issued a hold rating on the stock.

Wyndham Hotels & Resorts Stock Performance

WH opened at $69.96 on Friday. The stock has a market cap of $5.67 billion, a PE ratio of 20.58, a P/E/G ratio of 3.16 and a beta of 1.35. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 2.90. Wyndham Hotels & Resorts has a 1 year low of $63.69 and a 1 year high of $81.73. The stock’s 50 day simple moving average is $76.06 and its 200-day simple moving average is $76.53.

Wyndham Hotels & Resorts (NYSE:WH) last released its quarterly earnings data on Wednesday, February 14th. The company reported $0.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.90 by $0.01. The business had revenue of $321.00 million for the quarter, compared to analysts’ expectations of $321.35 million. Wyndham Hotels & Resorts had a return on equity of 39.91% and a net margin of 20.74%. Wyndham Hotels & Resorts’s quarterly revenue was down 3.9% on a year-over-year basis. During the same period in the previous year, the business posted $0.72 earnings per share. Sell-side analysts forecast that Wyndham Hotels & Resorts will post 4.22 EPS for the current year.

Wyndham Hotels & Resorts Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Friday, March 15th were given a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a yield of 2.17%. This is a boost from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.35. The ex-dividend date was Thursday, March 14th. Wyndham Hotels & Resorts’s dividend payout ratio is 44.71%.

Insider Buying and Selling at Wyndham Hotels & Resorts

In other Wyndham Hotels & Resorts news, CAO Nicola Rossi sold 3,200 shares of the company’s stock in a transaction on Tuesday, March 12th. The stock was sold at an average price of $79.00, for a total value of $252,800.00. Following the sale, the chief accounting officer now directly owns 11,404 shares in the company, valued at $900,916. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 2.79% of the company’s stock.

Institutional Trading of Wyndham Hotels & Resorts

Several large investors have recently made changes to their positions in WH. Wellington Management Group LLP grew its holdings in shares of Wyndham Hotels & Resorts by 150.2% during the third quarter. Wellington Management Group LLP now owns 5,001,611 shares of the company’s stock worth $347,812,000 after purchasing an additional 3,002,259 shares during the last quarter. Morgan Stanley grew its holdings in shares of Wyndham Hotels & Resorts by 170.2% during the fourth quarter. Morgan Stanley now owns 1,472,876 shares of the company’s stock worth $105,031,000 after purchasing an additional 927,864 shares during the last quarter. Norges Bank bought a new stake in shares of Wyndham Hotels & Resorts during the fourth quarter worth $71,677,000. Balyasny Asset Management L.P. grew its holdings in shares of Wyndham Hotels & Resorts by 219.0% during the fourth quarter. Balyasny Asset Management L.P. now owns 1,079,336 shares of the company’s stock worth $86,789,000 after purchasing an additional 740,992 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in shares of Wyndham Hotels & Resorts by 162.3% during the third quarter. JPMorgan Chase & Co. now owns 982,185 shares of the company’s stock worth $68,301,000 after purchasing an additional 607,709 shares during the last quarter. Institutional investors own 93.46% of the company’s stock.

Wyndham Hotels & Resorts Company Profile

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.