Wyndham Hotels & Resorts (NYSE:WH) Research Coverage Started at StockNews.com

StockNews.com started coverage on shares of Wyndham Hotels & Resorts (NYSE:WHGet Free Report) in a research report issued on Thursday. The brokerage set a “hold” rating on the stock.

Several other research analysts also recently commented on WH. Barclays raised their price target on shares of Wyndham Hotels & Resorts from $87.00 to $88.00 and gave the company an “overweight” rating in a report on Friday, April 26th. Robert W. Baird raised their price target on shares of Wyndham Hotels & Resorts from $86.00 to $88.00 and gave the company an “outperform” rating in a report on Friday, April 26th. One analyst has rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $88.17.

Read Our Latest Stock Analysis on WH

Wyndham Hotels & Resorts Stock Down 1.3 %

Wyndham Hotels & Resorts stock opened at $69.37 on Thursday. Wyndham Hotels & Resorts has a 1-year low of $65.54 and a 1-year high of $81.73. The firm has a market capitalization of $5.59 billion, a price-to-earnings ratio of 24.60, a P/E/G ratio of 2.45 and a beta of 1.33. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 3.27. The firm has a 50 day simple moving average of $72.14 and a 200 day simple moving average of $76.35.

Wyndham Hotels & Resorts (NYSE:WHGet Free Report) last released its quarterly earnings data on Wednesday, April 24th. The company reported $0.78 earnings per share for the quarter, beating 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 41.83%. The business had revenue of $305.00 million during the quarter, compared to analyst estimates of $308.24 million. During the same period in the previous year, the business earned $0.86 EPS. Wyndham Hotels & Resorts’s revenue was down 2.6% compared to the same quarter last year. On average, analysts predict that Wyndham Hotels & Resorts will post 4.25 earnings per share for the current year.

Insider Transactions at Wyndham Hotels & Resorts

In other news, CEO Geoffrey A. Ballotti sold 196,279 shares of Wyndham Hotels & Resorts stock in a transaction on Wednesday, May 1st. The shares were sold at an average price of $73.36, for a total transaction of $14,399,027.44. Following the completion of the sale, the chief executive officer now directly owns 377,712 shares of the company’s stock, valued at approximately $27,708,952.32. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Wyndham Hotels & Resorts news, insider Scott R. Strickland sold 4,040 shares of the business’s stock in a transaction on Friday, May 24th. The shares were sold at an average price of $69.46, for a total value of $280,618.40. Following the completion of the sale, the insider now directly owns 28,722 shares of the company’s stock, valued at $1,995,030.12. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Geoffrey A. Ballotti sold 196,279 shares of the business’s stock in a transaction on Wednesday, May 1st. The stock was sold at an average price of $73.36, for a total transaction of $14,399,027.44. Following the completion of the sale, the chief executive officer now directly owns 377,712 shares of the company’s stock, valued at $27,708,952.32. The disclosure for this sale can be found here. In the last ninety days, insiders sold 210,133 shares of company stock valued at $15,383,027. Insiders own 2.79% of the company’s stock.

Institutional Trading of Wyndham Hotels & Resorts

Several hedge funds have recently added to or reduced their stakes in the business. WINTON GROUP Ltd lifted its stake in Wyndham Hotels & Resorts by 2.3% in the third quarter. WINTON GROUP Ltd now owns 6,517 shares of the company’s stock worth $453,000 after purchasing an additional 144 shares during the last quarter. Janney Capital Management LLC increased its position in shares of Wyndham Hotels & Resorts by 3.1% in the fourth quarter. Janney Capital Management LLC now owns 4,887 shares of the company’s stock valued at $393,000 after acquiring an additional 145 shares during the period. Tributary Capital Management LLC increased its position in shares of Wyndham Hotels & Resorts by 1.9% in the fourth quarter. Tributary Capital Management LLC now owns 7,700 shares of the company’s stock valued at $619,000 after acquiring an additional 146 shares during the period. Allworth Financial LP increased 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 acquiring an additional 152 shares during the period. Finally, Treasurer of the State of North Carolina increased its position in shares of Wyndham Hotels & Resorts by 0.5% in the third quarter. Treasurer of the State of North Carolina now owns 36,914 shares of the company’s stock valued at $2,567,000 after acquiring an additional 180 shares during the period. 93.46% of the stock is owned by institutional investors.

Wyndham Hotels & Resorts Company Profile

(Get Free Report)

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.

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

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