Barclays Lowers Wyndham Hotels & Resorts (NYSE:WH) Price Target to $100.00

Wyndham Hotels & Resorts (NYSE:WH) had its price objective decreased by research analysts at Barclays from $121.00 to $100.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The brokerage currently has an “overweight” rating on the stock. Barclays‘s price target points to a potential upside of 19.94% from the company’s previous close.

Several other research firms have also recently weighed in on WH. Stifel Nicolaus upped their price target on shares of Wyndham Hotels & Resorts from $113.00 to $121.00 and gave the company a “buy” rating in a report on Thursday, February 13th. Redburn Atlantic raised shares of Wyndham Hotels & Resorts from a “neutral” rating to a “buy” rating and set a $115.00 target price for the company in a research note on Monday, March 24th. Susquehanna lifted their price target on Wyndham Hotels & Resorts from $80.00 to $110.00 and gave the company a “neutral” rating in a research note on Tuesday, February 25th. Morgan Stanley reduced their price objective on Wyndham Hotels & Resorts from $102.00 to $94.00 and set an “overweight” rating for the company in a research report on Tuesday. Finally, Robert W. Baird lifted their target price on Wyndham Hotels & Resorts from $108.00 to $115.00 and gave the company an “outperform” rating in a research report on Tuesday, February 18th. Two equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to MarketBeat, Wyndham Hotels & Resorts currently has a consensus rating of “Moderate Buy” and an average price target of $111.33.

Wyndham Hotels & Resorts Price Performance

WH opened at $83.38 on Tuesday. The company has a fifty day simple moving average of $92.94 and a 200 day simple moving average of $95.92. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 3.72. The stock has a market cap of $6.46 billion, a P/E ratio of 22.97, a P/E/G ratio of 1.87 and a beta of 1.11. Wyndham Hotels & Resorts has a 12 month low of $67.67 and a 12 month high of $113.07.

Wyndham Hotels & Resorts (NYSE:WH) last announced its quarterly earnings results on Wednesday, February 12th. The company reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.00 by $0.04. Wyndham Hotels & Resorts had a return on equity of 54.86% and a net margin of 20.51%. On average, research analysts expect that Wyndham Hotels & Resorts will post 4.79 EPS for the current year.

Institutional Investors Weigh In On Wyndham Hotels & Resorts

Institutional investors and hedge funds have recently modified their holdings of the company. Smartleaf Asset Management LLC lifted its position in shares of Wyndham Hotels & Resorts by 46.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 343 shares of the company’s stock valued at $35,000 after buying an additional 108 shares during the last quarter. Principal Securities Inc. increased its stake in shares of Wyndham Hotels & Resorts by 1.0% in the 4th quarter. Principal Securities Inc. now owns 10,941 shares of the company’s stock valued at $1,103,000 after purchasing an additional 113 shares during the last quarter. Equitable Trust Co. raised its holdings in shares of Wyndham Hotels & Resorts by 1.5% during the 4th quarter. Equitable Trust Co. now owns 9,295 shares of the company’s stock worth $937,000 after buying an additional 135 shares in the last quarter. UMB Bank n.a. lifted its position in shares of Wyndham Hotels & Resorts by 72.7% during the 4th quarter. UMB Bank n.a. now owns 399 shares of the company’s stock worth $40,000 after buying an additional 168 shares during the last quarter. Finally, Empowered Funds LLC lifted its position in shares of Wyndham Hotels & Resorts by 2.2% during the 4th quarter. Empowered Funds LLC now owns 7,846 shares of the company’s stock worth $791,000 after buying an additional 169 shares during the last quarter. 93.46% of the stock is owned by institutional investors.

About Wyndham Hotels & Resorts

Wyndham Hotels & Resorts, Inc engages in the franchise and operation of hotels under the Wyndham brand. It operates through the Hotel Franchising and Hotel Management segments. The Hotel Franchising segment focuses on licensing the company’s lodging brands and providing related services to third-party hotel owners and others.