Wyndham Hotels & Resorts (NYSE:WH) Receives New Coverage from Analysts at StockNews.com

StockNews.com initiated coverage on shares of Wyndham Hotels & Resorts (NYSE:WH) in a report issued on Thursday. The firm issued a hold rating on the stock.

Wyndham Hotels & Resorts Stock Performance

WH stock opened at $73.47 on Thursday. The company has a debt-to-equity ratio of 2.90, a quick ratio of 0.81 and a current ratio of 0.81. The stock has a market cap of $5.95 billion, a P/E ratio of 21.61, a P/E/G ratio of 3.32 and a beta of 1.35. The firm has a 50 day simple moving average of $77.06 and a 200 day simple moving average of $76.49. Wyndham Hotels & Resorts has a 52 week low of $63.69 and a 52 week high of $81.73.

Wyndham Hotels & Resorts (NYSE:WH) last posted its quarterly earnings results on Wednesday, February 14th. The company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.90 by $0.01. The business had revenue of $321.00 million during the quarter, compared to analysts’ expectations of $321.35 million. Wyndham Hotels & Resorts had a net margin of 20.74% and a return on equity of 39.91%. The firm’s quarterly revenue was down 3.9% compared to the same quarter last year. During the same period last year, the company posted $0.72 earnings per share. Research analysts anticipate that Wyndham Hotels & Resorts will post 4.22 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Friday, March 15th were paid a $0.38 dividend. The ex-dividend date of this dividend was Thursday, March 14th. This is a boost from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.35. This represents a $1.52 dividend on an annualized basis and a yield of 2.07%. Wyndham Hotels & Resorts’s 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 Wyndham Hotels & Resorts stock in a transaction that occurred on Tuesday, March 12th. The shares were sold at an average price of $79.00, for a total value of $252,800.00. Following the completion of the sale, the chief accounting officer now directly owns 11,404 shares in the company, valued at $900,916. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 2.79% of the company’s stock.

Institutional Trading of Wyndham Hotels & Resorts

Institutional investors have recently added to or reduced their stakes in the business. Allworth Financial LP raised its position in shares of Wyndham Hotels & Resorts by 62.6% in the fourth quarter. Allworth Financial LP now owns 395 shares of the company’s stock valued at $32,000 after purchasing an additional 152 shares during the period. Rockefeller Capital Management L.P. raised its position in shares of Wyndham Hotels & Resorts by 139.3% in the fourth quarter. Rockefeller Capital Management L.P. now owns 438 shares of the company’s stock valued at $31,000 after purchasing an additional 255 shares during the period. Money Concepts Capital Corp bought a new position in shares of Wyndham Hotels & Resorts in the fourth quarter valued at approximately $33,000. Systematic Alpha Investments LLC bought a new position in shares of Wyndham Hotels & Resorts in the third quarter valued at approximately $37,000. Finally, Chilton Capital Management LLC bought a new position in shares of Wyndham Hotels & Resorts in the fourth quarter valued at approximately $47,000. 93.46% of the stock is currently owned by institutional investors and hedge funds.

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.