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

Stock analysts at StockNews.com initiated coverage on shares of Wyndham Hotels & Resorts (NYSE:WH) in a research note issued to investors on Thursday. The brokerage set a “hold” rating on the stock.

Wyndham Hotels & Resorts Stock Down 1.5 %

WH opened at $73.01 on Thursday. The company has a fifty day moving average of $77.18 and a two-hundred day moving average of $76.52. The stock has a market capitalization of $5.91 billion, a price-to-earnings ratio of 21.47, a PEG ratio of 3.35 and a beta of 1.35. 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 issued its quarterly earnings data on Wednesday, February 14th. The company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.90 by $0.01. The company had revenue of $321.00 million for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same period last year, the company earned $0.72 earnings per share. On average, research analysts expect that Wyndham Hotels & Resorts will post 4.22 earnings per share for the current year.

Insider Transactions at Wyndham Hotels & Resorts

In other Wyndham Hotels & Resorts news, CAO Nicola Rossi sold 3,200 shares of the firm’s 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 transaction, the chief accounting officer now directly owns 11,404 shares of the company’s stock, valued at approximately $900,916. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 2.79% of the company’s stock.

Institutional Trading of Wyndham Hotels & Resorts

Several hedge funds have recently made changes to their positions in the company. Raymond James Financial Services Advisors Inc. increased its position in shares of Wyndham Hotels & Resorts by 2.1% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 7,631 shares of the company’s stock worth $646,000 after purchasing an additional 157 shares during the last quarter. HighTower Advisors LLC lifted its stake 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 purchasing an additional 340 shares in the last quarter. Citigroup Inc. increased its stake 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 purchasing an additional 2,783 shares during the period. Panagora Asset Management Inc. purchased a new stake in shares of Wyndham Hotels & Resorts during the 1st quarter worth $1,358,000. Finally, APG Asset Management N.V. acquired a new stake in shares of Wyndham Hotels & Resorts during the 1st quarter worth about $723,000. Hedge funds and other institutional investors own 93.46% of the company’s stock.

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.