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 note issued to investors on Saturday. The firm set a “hold” rating on the stock.

Several other research analysts have also weighed in on WH. Robert W. Baird upped their target price on shares of Wyndham Hotels & Resorts from $86.00 to $88.00 and gave the stock an “outperform” rating in a research report on Friday. Barclays upped their target price on shares of Wyndham Hotels & Resorts from $87.00 to $88.00 and gave the stock an “overweight” rating in a research report on Friday. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $88.43.

Wyndham Hotels & Resorts Trading Down 2.1 %

Shares of Wyndham Hotels & Resorts stock opened at $73.79 on Friday. Wyndham Hotels & Resorts has a 52-week low of $63.69 and a 52-week high of $81.73. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 2.90. The company’s 50-day simple moving average is $75.51 and its 200-day simple moving average is $76.66. The firm has a market cap of $5.98 billion, a price-to-earnings ratio of 26.17, a price-to-earnings-growth ratio of 2.99 and a beta of 1.35.

Wyndham Hotels & Resorts (NYSE:WH) last issued its quarterly earnings results on Wednesday, April 24th. The company reported $0.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.75 by $0.03. Wyndham Hotels & Resorts had a net margin of 17.19% and a return on equity of 39.89%. The business had revenue of $305.00 million for the quarter, compared to analyst estimates of $308.24 million. During the same period in the previous year, the business posted $0.86 earnings per share. The business’s revenue was down 2.6% compared to the same quarter last year. As a group, equities research analysts anticipate that Wyndham Hotels & Resorts will post 4.19 earnings per share for the current year.

Insider Activity

In other news, CAO Nicola Rossi sold 3,200 shares of the 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 sale, the chief accounting officer now directly owns 11,404 shares in the company, valued at $900,916. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 2.79% of the company’s stock.

Hedge Funds Weigh In On Wyndham Hotels & Resorts

Institutional investors and hedge funds have recently modified their holdings of the company. Allworth Financial LP lifted its stake in shares of Wyndham Hotels & Resorts by 62.6% during the fourth quarter. Allworth Financial LP now owns 395 shares of the company’s stock valued at $32,000 after buying an additional 152 shares during the period. Systematic Alpha Investments LLC purchased a new position in Wyndham Hotels & Resorts during the third quarter worth approximately $37,000. Chilton Capital Management LLC purchased a new position in Wyndham Hotels & Resorts during the fourth quarter worth approximately $47,000. Covestor Ltd raised its stake in Wyndham Hotels & Resorts by 68.3% during the third quarter. Covestor Ltd now owns 813 shares of the company’s stock worth $57,000 after purchasing an additional 330 shares during the period. Finally, TFO Wealth Partners LLC raised its stake in Wyndham Hotels & Resorts by 41,100.0% during the fourth quarter. TFO Wealth Partners LLC now owns 824 shares of the company’s stock worth $66,000 after purchasing an additional 822 shares during the period. 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.