Wyndham Hotels & Resorts (NYSE:WH) Given New $121.00 Price Target at Stifel Nicolaus

Wyndham Hotels & Resorts (NYSE:WH) had its price target increased by Stifel Nicolaus from $113.00 to $121.00 in a research note released on Thursday,Benzinga reports. The brokerage currently has a buy rating on the stock.

Several other equities research analysts have also recently commented on WH. JPMorgan Chase & Co. boosted their price objective on shares of Wyndham Hotels & Resorts from $99.00 to $113.00 and gave the company an “overweight” rating in a research report on Friday, December 13th. Barclays boosted their price target on shares of Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the stock an “overweight” rating in a research report on Friday, December 13th. The Goldman Sachs Group raised their price objective on Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the company a “buy” rating in a report on Tuesday, December 10th. Wells Fargo & Company raised Wyndham Hotels & Resorts from an “equal weight” rating to an “overweight” rating and increased their price target for the company from $103.00 to $114.00 in a research report on Friday, January 10th. Finally, StockNews.com upgraded Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a research note on Friday, November 1st. Two analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, Wyndham Hotels & Resorts currently has a consensus rating of “Moderate Buy” and a consensus price target of $109.50.

Wyndham Hotels & Resorts Stock Performance

WH stock opened at $107.61 on Thursday. The firm has a market cap of $8.37 billion, a PE ratio of 34.16, a P/E/G ratio of 2.14 and a beta of 1.29. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 4.19. The business’s 50-day moving average price is $103.14 and its two-hundred day moving average price is $90.29. Wyndham Hotels & Resorts has a 1-year low of $67.67 and a 1-year high of $110.58.

Wyndham Hotels & Resorts (NYSE:WH) last posted its earnings results on Wednesday, February 12th. The company reported $1.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.00 by $0.04. Wyndham Hotels & Resorts had a return on equity of 51.79% and a net margin of 18.29%. As a group, research analysts forecast that Wyndham Hotels & Resorts will post 4.3 earnings per share for the current year.

Wyndham Hotels & Resorts Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 27th. Shareholders of record on Friday, December 13th were issued a $0.38 dividend. The ex-dividend date was Friday, December 13th. This represents a $1.52 annualized dividend and a dividend yield of 1.41%. Wyndham Hotels & Resorts’s dividend payout ratio is currently 48.25%.

Institutional Investors Weigh In On Wyndham Hotels & Resorts

Several hedge funds have recently bought and sold shares of WH. CANADA LIFE ASSURANCE Co increased its stake in shares of Wyndham Hotels & Resorts by 2.0% during the fourth quarter. CANADA LIFE ASSURANCE Co now owns 69,906 shares of the company’s stock worth $7,044,000 after purchasing an additional 1,388 shares during the period. Marshall Wace LLP acquired a new position in Wyndham Hotels & Resorts in the 4th quarter valued at $6,430,000. EAM Investors LLC bought a new position in Wyndham Hotels & Resorts during the 4th quarter worth $5,107,000. Walleye Capital LLC acquired a new stake in shares of Wyndham Hotels & Resorts during the fourth quarter worth $7,692,000. Finally, Barclays PLC boosted its position in shares of Wyndham Hotels & Resorts by 42.6% in the fourth quarter. Barclays PLC now owns 139,499 shares of the company’s stock valued at $14,060,000 after acquiring an additional 41,693 shares during the period. 93.46% of the stock is currently owned by institutional investors and hedge funds.

About Wyndham Hotels & Resorts

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