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Wyndham Hotels & Resorts, Inc. (NYSE:WH) Given a consensus rating of “Buy” by brokers

Vaseline 4 weeks ago


The shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH – Get Free Report) have received a consensus recommendation of Buy from the six analysts currently covering the stock, Marketbeat Ratings reports. Six equities research analysts have rated the stock with a buy rating. The average 12-month price objective among brokers who have covered the stock in the last year is $88.00.

Several brokers recently gave their opinions on WH. Robert W. Baird lowered his price target on Wyndham Hotels & Resorts from $87.00 to $86.00 and gave the company an “outperform” rating in a research note on Friday. Barclays lowered its price target for Wyndham Hotels & Resorts from $90.00 to $87.00 and set an “overweight” rating for the company in a report on Friday. Finally, StockNews.com began reporting on Wyndham Hotels & Resorts in a report on Friday. They issued a ‘hold’ rating to the company.

Check out our latest analysis of Wyndham Hotels & Resorts

Wyndham Hotels & Resorts Price Performance

Shares of NYSE:WH opened at $69.92 on Friday. The company has a 50-day moving average of $76.06 and a 200-day moving average of $76.60. Wyndham Hotels & Resorts has a 12-month low of $63.69 and a 12-month high of $81.73. The company has a market cap of $5.66 billion, a price-to-earnings ratio of 20.56, a PEG ratio of 3.16, and a beta of 1.35. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 2.90.

Wyndham Hotels & Resorts (NYSE:WH – Get Free Report) last reported its earnings results on Wednesday, February 14. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.90 by $0.01. Wyndham Hotels & Resorts had a return on equity of 39.91% and a net margin of 20.74%. The company had revenue of $321.00 million during the quarter, compared to the consensus estimate of $321.35 million. During the same quarter of the previous year, the company earned earnings per share of $0.72. The company’s quarterly revenue fell 3.9% compared to the same quarter last year. Research analysts predict that Wyndham Hotels & Resorts will post 4.22 earnings per share for the current year.

Wyndham Hotels & Resorts increases dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 29. Shareholders of record on Friday, March 15 received a dividend of $0.38. The ex-dividend date was Thursday, March 14. This is a boost from Wyndham Hotels & Resorts’ previous quarterly dividend of $0.35. This represents a dividend of $1.52 annually and a dividend yield of 2.17%. Wyndham Hotels & Resorts’ dividend payout ratio currently stands at 44.71%.

Insider transactions at Wyndham Hotels & Resorts

In other news, CAO Nicola Rossi sold 3,200 shares in a transaction that took place on Tuesday, March 12th. The shares sold at an average price of $79.00, for a total value of $252,800.00. Following the completion of the transaction, the Chief Accounting Officer now directly owns 11,404 shares of the company’s stock, valued at approximately $900,916. The sale was disclosed in a legal filing with the SEC, which is available at this link. Currently, 2.79% of the shares are owned by insiders.

Hedge funds weigh heavily on Wyndham Hotels & Resorts

A number of hedge funds have recently changed their stock holdings. Raymond James Financial Services Advisors Inc. grew its position in Wyndham Hotels & Resorts by 2.1% during the first quarter. Raymond James Financial Services Advisors Inc. now owns 7,631 shares of the company’s stock worth $646,000, after acquiring an additional 157 shares in the last quarter. HighTower Advisors LLC grew its position in Wyndham Hotels & Resorts by 5.4% during the first quarter. HighTower Advisors LLC now owns 6,609 shares of the company’s stock worth $558,000 after acquiring an additional 340 shares during the last quarter. Citigroup Inc. grew its position in Wyndham Hotels & Resorts by 7.8% during the first quarter. Citigroup Inc. now owns 38,595 shares of the company’s stock worth $3,268,000 after acquiring an additional 2,783 shares in the last quarter. Panagora Asset Management Inc. purchased a new stake in Wyndham Hotels & Resorts during the first quarter worth approximately $1,358,000. Finally, APG Asset Management NV purchased a new stake in Wyndham Hotels & Resorts in the first quarter worth approximately $723,000. 93.46% of the shares are held by institutional investors and hedge funds.

About Wyndham Hotels & Resorts

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Wyndham Hotels & Resorts, Inc operates as a hotel franchisor in the United States and internationally. It operates through the 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.

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Analyst recommendations for Wyndham Hotels & Resorts (NYSE:WH)



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