Wyndham Hotels & Resorts (NYSE:WH) Now Covered by Analysts at StockNews.com

Research analysts at StockNews.com began coverage on shares of Wyndham Hotels & Resorts (NYSE:WH) in a research report issued on Saturday. The brokerage set a “hold” rating on the stock.

Several other research firms have also commented on WH. Barclays increased their price objective on shares of Wyndham Hotels & Resorts from $87.00 to $88.00 and gave the company an “overweight” rating in a research report on Friday. Robert W. Baird increased their price objective on shares of Wyndham Hotels & Resorts from $86.00 to $88.00 and gave the company an “outperform” rating in a research report on Friday. One analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $88.43.

Wyndham Hotels & Resorts Stock Performance

WH opened at $73.79 on Friday. The stock has a market capitalization of $5.98 billion, a price-to-earnings ratio of 26.17, a PEG ratio of 2.99 and a beta of 1.35. The company has a fifty day moving average of $75.51 and a 200 day moving average of $76.66. Wyndham Hotels & Resorts has a fifty-two week low of $63.69 and a fifty-two week high of $81.73. The company has a debt-to-equity ratio of 2.90, a quick ratio of 0.81 and a current ratio of 0.81.

Wyndham Hotels & Resorts (NYSE:WH) last posted its earnings results on Wednesday, April 24th. The company reported $0.78 earnings per share for the quarter, beating the consensus estimate of $0.75 by $0.03. The company had revenue of $305.00 million during the quarter, compared to analysts’ expectations of $308.24 million. Wyndham Hotels & Resorts had a net margin of 17.19% and a return on equity of 39.89%. Wyndham Hotels & Resorts’s quarterly revenue was down 2.6% on a year-over-year basis. During the same period last year, the company posted $0.86 earnings per share. As a group, sell-side analysts forecast that Wyndham Hotels & Resorts will post 4.19 earnings per share for the current fiscal year.

Insider Buying and Selling

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 transaction of $252,800.00. Following the completion of the sale, the chief accounting officer now owns 11,404 shares in the company, valued at $900,916. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 2.79% of the stock is owned by insiders.

Institutional Trading of Wyndham Hotels & Resorts

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Capital Research Global Investors lifted its holdings in shares of Wyndham Hotels & Resorts by 3.2% during the 4th quarter. Capital Research Global Investors now owns 7,168,527 shares of the company’s stock valued at $576,421,000 after purchasing an additional 220,737 shares during the last quarter. Wellington Management Group LLP lifted its holdings in shares of Wyndham Hotels & Resorts by 10.9% during the 4th quarter. Wellington Management Group LLP now owns 5,545,099 shares of the company’s stock valued at $445,881,000 after purchasing an additional 543,488 shares during the last quarter. FMR LLC lifted its holdings in shares of Wyndham Hotels & Resorts by 2.7% during the 3rd quarter. FMR LLC now owns 2,492,340 shares of the company’s stock valued at $173,317,000 after purchasing an additional 64,925 shares during the last quarter. Invesco Ltd. lifted its holdings in shares of Wyndham Hotels & Resorts by 55.2% during the 3rd quarter. Invesco Ltd. now owns 1,337,980 shares of the company’s stock valued at $93,043,000 after purchasing an additional 475,682 shares during the last quarter. Finally, Burgundy Asset Management Ltd. lifted its holdings in shares of Wyndham Hotels & Resorts by 3.7% during the 4th quarter. Burgundy Asset Management Ltd. now owns 1,276,150 shares of the company’s stock valued at $102,615,000 after purchasing an additional 45,062 shares during the last quarter. Hedge funds and other 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.