Wyndham Hotels & Resorts (NYSE:WH) Downgraded by StockNews.com to Sell

StockNews.com lowered shares of Wyndham Hotels & Resorts (NYSE:WH) from a hold rating to a sell rating in a research report released on Friday morning.

Several other research analysts also recently weighed in on the company. Truist Financial lowered their target price on Wyndham Hotels & Resorts from $105.00 to $104.00 and set a buy rating on the stock in a research note on Friday, July 26th. Susquehanna initiated coverage on Wyndham Hotels & Resorts in a research note on Friday, June 21st. They issued a neutral rating and a $80.00 price target on the stock. Robert W. Baird lifted their price target on Wyndham Hotels & Resorts from $86.00 to $88.00 and gave the company an outperform rating in a research note on Friday, April 26th. Stifel Nicolaus decreased their price target on Wyndham Hotels & Resorts from $91.50 to $89.00 and set a buy rating on the stock in a research note on Thursday, July 25th. Finally, Barclays lifted their price target on Wyndham Hotels & Resorts from $88.00 to $90.00 and gave the company an overweight rating in a research note on Friday, July 26th. One analyst has rated the stock with a sell rating, one has given a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of Moderate Buy and an average target price of $89.43.

Wyndham Hotels & Resorts Stock Down 0.8 %

Shares of WH traded down $0.57 during mid-day trading on Friday, reaching $74.28. The company’s stock had a trading volume of 761,583 shares, compared to its average volume of 770,755. Wyndham Hotels & Resorts has a 12-month low of $65.63 and a 12-month high of $81.73. The stock has a market cap of $5.99 billion, a PE ratio of 26.34, a price-to-earnings-growth ratio of 2.54 and a beta of 1.34. The company has a debt-to-equity ratio of 3.83, a current ratio of 0.90 and a quick ratio of 0.90. The company’s 50 day moving average is $73.37 and its 200 day moving average is $74.46.

Wyndham Hotels & Resorts (NYSE:WH) last released its quarterly earnings data on Wednesday, July 24th. The company reported $1.13 EPS for the quarter, beating analysts’ consensus estimates of $1.03 by $0.10. Wyndham Hotels & Resorts had a return on equity of 47.05% and a net margin of 18.28%. The business had revenue of $367.00 million for the quarter, compared to the consensus estimate of $370.58 million. During the same quarter in the prior year, the business posted $0.93 EPS. The business’s revenue for the quarter was up 1.4% on a year-over-year basis. Equities analysts anticipate that Wyndham Hotels & Resorts will post 4.27 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CAO Nicola Rossi sold 7,297 shares of Wyndham Hotels & Resorts stock in a transaction on Friday, July 26th. The stock was sold at an average price of $76.70, for a total transaction of $559,679.90. Following the completion of the transaction, the chief accounting officer now directly owns 4,107 shares of the company’s stock, valued at $315,006.90. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other news, CAO Nicola Rossi sold 7,297 shares of the business’s stock in a transaction on Friday, July 26th. The stock was sold at an average price of $76.70, for a total value of $559,679.90. Following the completion of the transaction, the chief accounting officer now directly owns 4,107 shares of the company’s stock, valued at $315,006.90. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Michele Allen sold 1,264 shares of the business’s stock in a transaction on Friday, May 24th. The stock was sold at an average price of $69.46, for a total value of $87,797.44. Following the completion of the transaction, the chief financial officer now directly owns 24,997 shares of the company’s stock, valued at $1,736,291.62. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 18,254 shares of company stock valued at $1,314,144. 2.79% of the stock is owned by insiders.

Hedge Funds Weigh In On Wyndham Hotels & Resorts

A number of institutional investors have recently made changes to their positions in the stock. Norges Bank purchased a new stake in shares of Wyndham Hotels & Resorts in the fourth quarter valued at $71,677,000. Balyasny Asset Management L.P. grew its position in shares of Wyndham Hotels & Resorts by 219.0% in the fourth quarter. Balyasny Asset Management L.P. now owns 1,079,336 shares of the company’s stock valued at $86,789,000 after purchasing an additional 740,992 shares during the period. Vanguard Group Inc. grew its position in shares of Wyndham Hotels & Resorts by 7.5% in the first quarter. Vanguard Group Inc. now owns 8,311,078 shares of the company’s stock valued at $637,875,000 after purchasing an additional 581,909 shares during the period. Wellington Management Group LLP grew its position in shares of Wyndham Hotels & Resorts by 10.9% in the fourth quarter. Wellington Management Group LLP now owns 5,545,099 shares of the company’s stock valued at $445,881,000 after purchasing an additional 543,488 shares during the period. Finally, Janus Henderson Group PLC grew its position in shares of Wyndham Hotels & Resorts by 1,186.0% in the first quarter. Janus Henderson Group PLC now owns 509,441 shares of the company’s stock valued at $39,092,000 after purchasing an additional 469,827 shares during the period. 93.46% of the stock is owned by institutional investors and hedge funds.

Wyndham Hotels & Resorts Company Profile

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.