Wyndham Hotels & Resorts (NYSE:WH) Given New $100.00 Price Target at Barclays

Wyndham Hotels & Resorts (NYSE:WH) had its target price boosted by Barclays from $90.00 to $100.00 in a research note published on Friday morning, Benzinga reports. They currently have an overweight rating on the stock.

Several other equities analysts also recently commented on the company. Stifel Nicolaus boosted their price objective on Wyndham Hotels & Resorts from $91.00 to $92.00 and gave the company a “buy” rating in a research report on Thursday. Truist Financial boosted their price target on Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the stock a “buy” rating in a report on Friday. StockNews.com raised shares of Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a report on Tuesday. Robert W. Baird boosted their target price on shares of Wyndham Hotels & Resorts from $92.00 to $97.00 and gave the stock an “outperform” rating in a report on Friday. Finally, The Goldman Sachs Group initiated coverage on shares of Wyndham Hotels & Resorts in a research note on Wednesday, September 18th. They set a “buy” rating and a $96.00 target price for the company. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat, Wyndham Hotels & Resorts presently has a consensus rating of “Moderate Buy” and a consensus price target of $94.00.

Wyndham Hotels & Resorts Stock Performance

Wyndham Hotels & Resorts stock traded up $0.61 during midday trading on Friday, hitting $90.63. The stock had a trading volume of 1,355,767 shares, compared to its average volume of 751,798. Wyndham Hotels & Resorts has a 52-week low of $67.67 and a 52-week high of $91.93. The company has a market capitalization of $7.30 billion, a PE ratio of 32.14, a P/E/G ratio of 3.00 and a beta of 1.33. The firm’s fifty day moving average is $79.29 and its two-hundred day moving average is $74.98. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 3.83.

Wyndham Hotels & Resorts (NYSE:WH) last announced its quarterly earnings data on Wednesday, October 23rd. The company reported $1.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.38 by $0.01. Wyndham Hotels & Resorts had a net margin of 18.28% and a return on equity of 47.05%. The firm had revenue of $396.00 million during the quarter, compared to analysts’ expectations of $408.32 million. During the same period in the prior year, the company posted $1.31 earnings per share. The company’s revenue for the quarter was down 1.5% compared to the same quarter last year. On average, research analysts forecast that Wyndham Hotels & Resorts will post 4.26 EPS for the current year.

Wyndham Hotels & Resorts Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Friday, September 13th were given a $0.38 dividend. This represents a $1.52 annualized dividend and a yield of 1.68%. The ex-dividend date of this dividend was Friday, September 13th. Wyndham Hotels & Resorts’s dividend payout ratio is presently 53.90%.

Insider Activity at Wyndham Hotels & Resorts

In other Wyndham Hotels & Resorts news, Director Stephen P. Holmes sold 80,000 shares of Wyndham Hotels & Resorts stock in a transaction on Friday, October 25th. The shares were sold at an average price of $91.01, for a total value of $7,280,800.00. Following the completion of the transaction, the director now directly owns 366,371 shares of the company’s stock, valued at $33,343,424.71. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. In other news, Director Stephen P. Holmes sold 80,000 shares of the firm’s stock in a transaction that occurred on Friday, October 25th. The stock was sold at an average price of $91.01, for a total value of $7,280,800.00. Following the completion of the sale, the director now directly owns 366,371 shares of the company’s stock, valued at $33,343,424.71. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Michele Allen sold 15,000 shares of Wyndham Hotels & Resorts stock in a transaction that occurred on Friday, October 25th. The stock was sold at an average price of $89.99, for a total value of $1,349,850.00. Following the completion of the transaction, the chief financial officer now owns 10,056 shares of the company’s stock, valued at approximately $904,939.44. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 100,343 shares of company stock valued at $9,045,321 over the last 90 days. 2.79% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Wyndham Hotels & Resorts

Several hedge funds and other institutional investors have recently made changes to their positions in WH. GAMMA Investing LLC raised its holdings in shares of Wyndham Hotels & Resorts by 80.9% in the second quarter. GAMMA Investing LLC now owns 463 shares of the company’s stock worth $34,000 after buying an additional 207 shares during the period. Concord Wealth Partners increased its stake in Wyndham Hotels & Resorts by 115.5% in the third quarter. Concord Wealth Partners now owns 543 shares of the company’s stock worth $42,000 after purchasing an additional 291 shares during the period. Blue Trust Inc. increased its stake in Wyndham Hotels & Resorts by 1,245.1% in the second quarter. Blue Trust Inc. now owns 686 shares of the company’s stock worth $53,000 after purchasing an additional 635 shares during the period. Family Firm Inc. purchased a new stake in shares of Wyndham Hotels & Resorts during the second quarter valued at $67,000. Finally, International Assets Investment Management LLC purchased a new stake in shares of Wyndham Hotels & Resorts during the second quarter valued at $70,000. Hedge funds and other institutional investors own 93.46% of the company’s stock.

About Wyndham Hotels & Resorts

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.