Wyndham Hotels & Resorts (NYSE:WH) Coverage Initiated by Analysts at StockNews.com

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

Wyndham Hotels & Resorts Stock Down 0.2 %

Wyndham Hotels & Resorts stock opened at $69.31 on Friday. Wyndham Hotels & Resorts has a fifty-two week low of $63.69 and a fifty-two week high of $81.73. The stock has a market cap of $5.61 billion, a PE ratio of 20.39, a price-to-earnings-growth ratio of 3.23 and a beta of 1.35. The firm’s 50-day simple moving average is $76.26 and its 200 day simple moving average is $76.52. 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 released its quarterly earnings results on Wednesday, February 14th. The company reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.90 by $0.01. Wyndham Hotels & Resorts had a net margin of 20.74% and a return on equity of 39.91%. The business had revenue of $321.00 million for the quarter, compared to analysts’ expectations of $321.35 million. During the same period in the previous year, the company earned $0.72 earnings per share. The firm’s revenue for the quarter was down 3.9% compared to the same quarter last year. Research analysts predict that Wyndham Hotels & Resorts will post 4.22 EPS for the current fiscal year.

Insider Buying and Selling

In other Wyndham Hotels & Resorts news, CAO Nicola Rossi sold 3,200 shares of Wyndham Hotels & Resorts stock in a transaction dated Tuesday, March 12th. The shares were sold at an average price of $79.00, for a total value of $252,800.00. Following the sale, the chief accounting officer now owns 11,404 shares of the company’s stock, valued at $900,916. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 2.79% of the stock is owned by corporate insiders.

Institutional Trading of Wyndham Hotels & Resorts

Several hedge funds have recently added to or reduced their stakes in the stock. State of Michigan Retirement System raised its position in Wyndham Hotels & Resorts by 2.0% in the first quarter. State of Michigan Retirement System now owns 20,353 shares of the company’s stock worth $1,562,000 after acquiring an additional 400 shares during the period. Allspring Global Investments Holdings LLC raised its position in shares of Wyndham Hotels & Resorts by 17.5% in the first quarter. Allspring Global Investments Holdings LLC now owns 104,609 shares of the company’s stock valued at $8,029,000 after purchasing an additional 15,599 shares during the period. Benson Investment Management Company Inc. raised its position in shares of Wyndham Hotels & Resorts by 0.7% in the first quarter. Benson Investment Management Company Inc. now owns 57,684 shares of the company’s stock valued at $4,427,000 after purchasing an additional 414 shares during the period. Kapitalo Investimentos Ltda bought a new stake in shares of Wyndham Hotels & Resorts in the fourth quarter valued at approximately $150,000. Finally, Nomura Holdings Inc. bought a new stake in shares of Wyndham Hotels & Resorts in the fourth quarter valued at approximately $329,000. 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.