Wells Fargo & Company began coverage on shares of Wyndham Hotels & Resorts (NYSE:WH – Free Report) in a research report released on Tuesday morning, Marketbeat Ratings reports. The brokerage issued an equal weight rating and a $82.00 price objective on the stock.
A number of other research analysts also recently commented on the stock. Zacks Research downgraded shares of Wyndham Hotels & Resorts from a “hold” rating to a “strong sell” rating in a report on Thursday, November 6th. Morgan Stanley set a $91.00 price objective on Wyndham Hotels & Resorts and gave the company an “overweight” rating in a research note on Wednesday, October 22nd. Susquehanna dropped their target price on Wyndham Hotels & Resorts from $95.00 to $80.00 and set a “neutral” rating for the company in a report on Monday, October 27th. Weiss Ratings restated a “hold (c+)” rating on shares of Wyndham Hotels & Resorts in a report on Wednesday, October 8th. Finally, Robert W. Baird lowered their price target on Wyndham Hotels & Resorts from $93.00 to $89.00 and set an “outperform” rating for the company in a research report on Tuesday, October 28th. Nine analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $96.77.
Get Our Latest Stock Analysis on WH
Wyndham Hotels & Resorts Trading Up 2.1%
Wyndham Hotels & Resorts (NYSE:WH – Get Free Report) last released its quarterly earnings data on Wednesday, October 22nd. The company reported $1.46 EPS for the quarter, beating the consensus estimate of $1.42 by $0.04. Wyndham Hotels & Resorts had a net margin of 23.54% and a return on equity of 61.12%. The business had revenue of $764.00 million during the quarter, compared to analyst estimates of $406.29 million. During the same quarter last year, the business earned $1.39 earnings per share. Wyndham Hotels & Resorts’s quarterly revenue was down 3.5% compared to the same quarter last year. Wyndham Hotels & Resorts has set its FY 2025 guidance at 4.480-4.62 EPS. Sell-side analysts expect that Wyndham Hotels & Resorts will post 4.79 earnings per share for the current fiscal year.
Wyndham Hotels & Resorts Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 30th. Investors of record on Monday, December 15th will be paid a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend is Monday, December 15th. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is currently 37.70%.
Insider Transactions at Wyndham Hotels & Resorts
In related news, General Counsel Paul F. Cash sold 36,379 shares of the business’s stock in a transaction on Friday, November 14th. The stock was sold at an average price of $71.66, for a total transaction of $2,606,919.14. Following the completion of the transaction, the general counsel owned 39,123 shares in the company, valued at $2,803,554.18. The trade was a 48.18% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.46% of the stock is currently owned by insiders.
Institutional Trading of Wyndham Hotels & Resorts
Institutional investors and hedge funds have recently made changes to their positions in the business. EverSource Wealth Advisors LLC grew its holdings in shares of Wyndham Hotels & Resorts by 73.5% in the second quarter. EverSource Wealth Advisors LLC now owns 314 shares of the company’s stock worth $25,000 after purchasing an additional 133 shares during the last quarter. Elequin Capital LP purchased a new stake in Wyndham Hotels & Resorts in the 1st quarter valued at about $29,000. Hantz Financial Services Inc. grew its stake in Wyndham Hotels & Resorts by 5,950.0% in the 2nd quarter. Hantz Financial Services Inc. now owns 363 shares of the company’s stock worth $29,000 after acquiring an additional 357 shares in the last quarter. Geneos Wealth Management Inc. increased its position in shares of Wyndham Hotels & Resorts by 49.2% during the first quarter. Geneos Wealth Management Inc. now owns 376 shares of the company’s stock worth $34,000 after acquiring an additional 124 shares during the period. Finally, Cornerstone Planning Group LLC purchased a new position in shares of Wyndham Hotels & Resorts during the third quarter worth approximately $36,000. 93.46% of the stock is currently owned by institutional investors.
Wyndham Hotels & Resorts Company Profile
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.
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