Wyndham Hotels & Resorts (NYSE:WH) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Wyndham Hotels & Resorts (NYSE:WH) has been given a consensus recommendation of “Moderate Buy” by the fourteen brokerages that are presently covering the firm, MarketBeat.com reports. Five analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $93.5833.

WH has been the topic of a number of recent research reports. The Goldman Sachs Group reiterated a “neutral” rating and issued a $76.00 price objective (down from $88.00) on shares of Wyndham Hotels & Resorts in a research report on Monday, December 15th. Wall Street Zen upgraded Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a research report on Sunday, December 7th. Truist Financial set a $98.00 target price on shares of Wyndham Hotels & Resorts in a research note on Friday, October 24th. Susquehanna lowered their price target on shares of Wyndham Hotels & Resorts from $95.00 to $80.00 and set a “neutral” rating for the company in a research report on Monday, October 27th. Finally, Mizuho set a $97.00 price objective on shares of Wyndham Hotels & Resorts and gave the company an “outperform” rating in a report on Tuesday, January 13th.

Insider Buying and Selling at Wyndham Hotels & Resorts

In other Wyndham Hotels & Resorts news, General Counsel Paul F. Cash sold 36,379 shares of Wyndham Hotels & Resorts stock in a transaction dated Friday, November 14th. The stock was sold at an average price of $71.66, for a total value of $2,606,919.14. Following the sale, the general counsel owned 39,123 shares of the company’s stock, valued at $2,803,554.18. This trade represents a 48.18% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Geoffrey A. Ballotti sold 55,124 shares of Wyndham Hotels & Resorts stock in a transaction that occurred on Thursday, January 15th. The shares were sold at an average price of $79.27, for a total value of $4,369,679.48. Following the completion of the sale, the chief executive officer directly owned 490,028 shares in the company, valued at approximately $38,844,519.56. This represents a 10.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 120,606 shares of company stock valued at $9,047,218. Company insiders own 2.46% of the company’s stock.

Institutional Investors Weigh In On Wyndham Hotels & Resorts

Several hedge funds have recently added to or reduced their stakes in the business. Royal Bank of Canada lifted its stake in shares of Wyndham Hotels & Resorts by 31.8% during the 1st quarter. Royal Bank of Canada now owns 60,411 shares of the company’s stock worth $5,467,000 after buying an additional 14,593 shares during the last quarter. Integrated Wealth Concepts LLC boosted its holdings in shares of Wyndham Hotels & Resorts by 34.3% during the first quarter. Integrated Wealth Concepts LLC now owns 4,622 shares of the company’s stock worth $418,000 after acquiring an additional 1,181 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Wyndham Hotels & Resorts by 7.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 248,495 shares of the company’s stock worth $22,491,000 after acquiring an additional 18,191 shares during the period. Geneos Wealth Management Inc. grew its position in shares of Wyndham Hotels & Resorts by 49.2% in the first quarter. Geneos Wealth Management Inc. now owns 376 shares of the company’s stock valued at $34,000 after purchasing an additional 124 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its stake in shares of Wyndham Hotels & Resorts by 5.6% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 7,422 shares of the company’s stock worth $627,000 after purchasing an additional 393 shares during the period. Institutional investors and hedge funds own 93.46% of the company’s stock.

Wyndham Hotels & Resorts Trading Down 0.2%

Shares of NYSE:WH opened at $72.69 on Friday. The company has a debt-to-equity ratio of 4.43, a quick ratio of 1.16 and a current ratio of 1.16. The stock’s 50-day moving average is $76.36 and its 200-day moving average is $79.89. The company has a market cap of $5.49 billion, a P/E ratio of 16.71, a P/E/G ratio of 1.92 and a beta of 0.76. Wyndham Hotels & Resorts has a 52-week low of $69.21 and a 52-week high of $113.07.

Wyndham Hotels & Resorts Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 30th. Stockholders of record on Monday, December 15th were issued a $0.41 dividend. The ex-dividend date of this dividend was Monday, December 15th. This represents a $1.64 annualized dividend and a dividend yield of 2.3%. Wyndham Hotels & Resorts’s payout ratio is 37.70%.

About Wyndham Hotels & Resorts

Wyndham Hotels & Resorts, Inc (NYSE: WH) is a leading global hospitality company specializing in hotel franchising and management. Established in 2018 through the spin-off of Wyndham Hotel Group from Wyndham Worldwide, the company focuses on the development, marketing and distribution of hotel brands designed to meet the needs of business and leisure travelers. Its core business model centers on franchising agreements, enabling third-party hotel owners to operate under the Wyndham portfolio while accessing the company’s centralized services and support.

The company’s brand portfolio spans economy, midscale and upper-midscale segments, featuring well-known names such as Wyndham, Ramada, Days Inn, Super 8, Microtel Inn & Suites, and La Quinta by Wyndham.